XRP was around $ 2.75 on Monday, 2.38% lower in 24 hours, since merchants weighed key levels of support and resistance marked by the cryptographic analyst Ali Martínez.
In a publication on August 31, Martínez emphasized that XRP “must keep above $ 2.77” or risk falling to $ 2.40.
His chart illustrated a transparent floor of around $ 2.77 that had previously attracted purchase interests. He suggested to break under that area, would remove the security network and leave the vulnerable tab for deeper losses.
For non -technical readers, the message was simple: $ 2.77 represents the line where bulls need to show strength, and if they do not, the next main support level is up to $ 2.40.
In a publication on September 1, Martínez continued with a more optimistic roadmap.
His chart highlighted $ 2.70 as a crucial level to defend itself, a slightly lower support zone than before, and $ 2.90 as the barrier that XRP would need to break to convert the positive moment. If both conditions are met, holding the base and clear the roof, its graphic pointed to a possible rally towards $ 3.70.
In simple terms, Martínez presented a step by step: first avoid sliding lower, then pushes the resistance, and only then points to a larger break.
The 24 -hour Coindesk table shows how this battle takes place in real time. XRP reached as high as $ 2,8325 during the day before the vendors removed it, while the minimum of $ 2,7034 showed that buyers intervened to protect the lower end of the range.
That strip and loosen between bulls and bears fits perfectly within Martínez. The $ 2.70– $ 2.77 area is being tested as a base, while the area above $ 2.80 is acting as the roof. The negotiation volume increased every time XRP tried to break higher, reflecting the resistance of sellers who are not yet willing to let the price rise more.
The price action emphasizes why Martínez levels are important: XRP is in cash between the supports that it identified and the resistance just above, the merchants observe whether buyers or sellers will take advantage of control first.
For now, the XRP address depends on whether it can remain anchored above its lowest support zone sufficient time to gather the necessary strength for a push around $ 3.70.
