**In the Wake of the Recent XRP Decline, Analysts Highlight Key Levels for Recovery**
The broader crypto market faced a challenging week, with Bitcoin dropping below $80,000 for the first time in 2025, which had a ripple effect on altcoins. While many altcoins experienced significant downturns, XRP demonstrated remarkable resilience, managing to stay above the crucial $2 psychological support level. As selling pressure begins to ease, XRP is showing signs of recovery, with an 8% increase in the past 24 hours. However, a complete recovery is still a work in progress. Notably, market analyst Dom (@traderview2) has pinpointed a specific level that XRP must reclaim to facilitate this recovery.
**XRP Needs to Reclaim $2.20**
In an analysis conducted during the height of the downtrend, Dom highlighted XRP’s strength despite Bitcoin’s staggering 29% drop from its recent peak. He attributed the asset’s ability to remain above $2 to aggressive buying activity on Binance’s spot market, a level that has proven to be a solid support for the past three months. Dom also noted the election VWAP (volume-weighted average price) as a significant support level, mentioning that Bitcoin has tested this level over ten times. For XRP, he emphasized the urgent need to reclaim and maintain support above $2.20, which could potentially drive it toward the mid-$2.40s.
However, Dom cautioned that failing to hold above $2 could lead to retests of lower levels, and if Bitcoin were to dip toward the $75,000 mark, it could exacerbate the decline. While he found the current daily chart encouraging, he acknowledged that it wasn’t definitive. In a separate statement, Dom stressed the urgency of recapturing $2.20 soon to reverse the short-term downtrend. He believes that the ongoing bids at $2 have acted as a crucial lifeline, preventing a more severe breakdown. For Dom, this level represents the dividing line between a sustained rally and further consolidation.
**Crucial Support Levels**
On the topic of the downtrend, analyst Ali Martinez identified $1.65 as a potential support zone if selling pressure escalates. His analysis indicates that XRP remains within an ascending channel that began forming late last year, even in the wake of the recent market turmoil. If $1.65 fails to hold, XRP could fall below this pattern, possibly leading to deeper declines.
Additionally, analyst Dark Defender examined XRP on a monthly timeframe, suggesting that the worst may be behind us. He believes XRP has recently reached the lowest Fibonacci level of a corrective fourth wave, indicating that the downturn is likely over. Dark Defender anticipates the onset of a fifth wave, projecting targets between $5 and $8, provided XRP maintains support above $1.88 and $1.91. The Crypto Basic has previously highlighted this analysis. Currently, XRP is trading at $2.18, reflecting an 8.06% increase.
