XRP’s price trajectory has had ups and downs in the past two weeks. Particularly, the large part of the past seven days was characterized by a notable decline from $2.8 to $2.5 before rebounding at this level. Interestingly, this fall towards $2.5 was highlighted by a crypto analyst on the TradingView platform, who also noted a breakout potential. Crypto analyst TehThomas previously identified the $2.5 level as a key Fair Value Gap (FVG) that could act as strong support and recent price movements suggest that buyers are now stepping in after hitting this level. XRP Tests Key Fair Value Gap At $2.50 TehThomas’ analysis highlighted $2.50 as a significant liquidity zone where XRP could establish support before continuing its uptrend. This level has acted as an imbalance in price action during this cycle and has often caused a reaction as traders step in to fill the gap. At the time of the analysis, XRP was trading at $2.64, but the analyst noted that the cryptocurrency could keep falling until it reaches $2.5 and rebounds upwards. Related Reading: XRP Price Breaks Out Of Symmetri ..
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