{"id":5914,"date":"2025-03-20T17:00:23","date_gmt":"2025-03-20T17:00:23","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/xrp-wave-4-count-why-2-66-is-the-most-important-level-to-beat\/"},"modified":"2025-03-20T17:00:23","modified_gmt":"2025-03-20T17:00:23","slug":"xrp-wave-4-count-why-2-66-is-the-most-important-level-to-beat","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/xrp-wave-4-count-why-2-66-is-the-most-important-level-to-beat\/","title":{"rendered":"XRP Wave 4 Count: Why $2.66 Is The Most Important Level To Beat"},"content":{"rendered":"

Crypto analyst Egrag Crypto<\/a> has discussed the possibility of the XRP price witnessing another corrective move. He revealed the price level that XRP needs to stay above to avoid further downside pressure and rally to the upside.\u00a0<\/p>\n

XRP Needs To Stay Above $2.66 To Avoid Corrective Move\u00a0<\/h2>\n

In an bullish breakout.\u00a0<\/p>\n

Egrag Crypto alluded to the fact that the US SEC was finally dropping its long-running lawsuit against Ripple<\/a>, which is typically bullish for XRP. The analyst admitted that it was a significant win for long-term adoption and utility, reinforcing the belief in the altcoin\u2019s use. However, he added that the focus has to be on the numbers and charts in the short term.\u00a0<\/p>\n

\"XRP\"<\/p>\n

In line with this, he remarked that a close above $2.66 would be a good sign, followed by another close above $2.97 as a second bullish confirmation. He asserted that the ultimate confirmation for a bullish trend would be a close above $3.40, which is XRP\u2019s current all-time high (ATH)<\/a>. A close above $3.40 would lead to the next target between $5 and $8.\u00a0<\/p>\n

Crypto analyst CasiTrades<\/a> also echoed a similar sentiment, stating that XRP needs to break above $3.40 to confirm a new trend. Until then, she remarked that market participants will have to wait for signs of confirmation, which may not be obvious until wave 3 in the market cycle. Before now, the analyst affirmed that the market is on the edge of a breakout, and this week could be a defining moment, which already looks to be the case with the Ripple SEC lawsuit.\u00a0<\/p>\n

A Rally To $5 Already In Play<\/h2>\n

Crypto analyst Dark Defender<\/a> suggested that an XRP rally to $5 was already underway after the SEC decided to drop the Ripple lawsuit. His accompanying chart showed that XRP could witness a breakout to the $5 target. The altcoin will first rally to around $4.4 on wave 3, then correct to $3.7 on wave 4 before the rally to $5.6 on wave 5.<\/p>\n

Meanwhile, crypto analyst CrediBULL Crypto<\/a> raised the possibility of XRP dropping below $2 and reaching $1.7 before any parabolic move to the upside begins. He predicts that the altcoin will rally to double digits regardless of how the price action plays out in the short term.\u00a0<\/p>\n

At the time of writing, the XRP price is trading at around $2.45, up over 7% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

\"XRP\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Egrag Crypto has discussed the possibility of the XRP price witnessing another corrective move. He revealed the price level that XRP needs to stay above to avoid further downside pressure and rally to the upside.\u00a0 XRP Needs To Stay Above $2.66 To Avoid Corrective Move\u00a0 In an bullish breakout.\u00a0 Egrag Crypto alluded to…<\/p>\n","protected":false},"author":1,"featured_media":5915,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[62,2187,1901,2005,2037,1313,27,2330,23,29,30,31,32],"class_list":["post-5914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-altcoin","tag-casitrades","tag-coinmarketcap","tag-credibull-crypto","tag-dark-defender","tag-egrag-crypto","tag-ripple","tag-us-sec","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/5914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=5914"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/5914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/5915"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=5914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=5914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=5914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}