XRP Must Break Rp43,195 to Trigger Bullish Breakout, According to Egrag Crypto Analysts

Jakarta, Pintu News – The price of Ripple XRP->Current XRP PriceRp 0Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0 has struggled to gain momentum after trending downward since early March 2025. Although XRP has managed to rise from a low of IDR31,459 ($1.93) on March 11 in the last five days, it has not been able to fully recover from its decline earlier in the month.

According to crypto analyst Egrag Crypto, for XRP to experience a stronger bullish rally, the price must close trading above the key resistance level of IDR43,195 ($2.65). If XRP fails to break this level, it is likely that the price will continue to move sideways or even experience further selling pressure.

Why is the $43,195 Level so Important for XRP?

1. Repeated Testing of Support and Breakdown Risk

Since December 2024, XRP has tested the IDR31,459 ($1.93) support level six times on the 12-hour chart. According to Egrag Crypto, while repeated testing of resistance levels can lead to breakouts, testing support levels too often can weaken their integrity and increase the likelihood of further declines.

This analyst compares XRP’s price pattern to a “door that keeps knocking”- eventually, the door may open (bullish breakout) or break (bearish breakdown). If XRP prices continue to fail to break resistance and test support levels again, selling pressure is likely to increase.

Also Read: Ethereum Prediction: Recovery or Bearish Signal? Here’s the Mid-March 2025 Technical Analysis!

2. Target IDR48,900 If XRP Can Pass IDR48,900 ($3.00)

For XRP to truly break out of the sideways pattern and enter a bullish phase, the price needs to not only cross IDR48,900 ($3.00) but also close trading above it strongly. This level has been a major resistance for the past two weeks and has kept XRP’s movement within a limited range.

If XRP manages to close trading above IDR48,900, analysts expect the next target to be at IDR78,240 ($4.80), which would take XRP to a new all-time high.

What Happens If XRP Fails to Break Rp43,195?

Despite bullish expectations, Egrag Crypto warns that XRP’s chances of reaching IDR48,900 ($3.00) will remain low if the price fails to close trading above IDR43,195 ($2.65). In this scenario, XRP is likely to remain within its current price range and face further selling pressure.

If XRP falls back below IDR31,459 ($1.93) and fails to hold above it, then a bearish scenario could occur, pushing the price towards lower levels.

Conclusion: XRP Still in Critical Phase

Currently, XRP is trading at around €38,681 ($2.37), about 26.5% below the critical €48,900 ($3.00) level. With the dominance of sellers still strong, March 2025 is an important period to determine the direction of XRP’s price movement going forward.

Investors and traders should monitor price movements around the IDR43,195 ($2.65) level as a key signal for a potential bullish breakout. If XRP manages to cross this level and close trading above IDR48,900 ($3.00), it is likely that the price rally will continue with a short-term target of IDR78,240 ($4.80). However, if it fails, selling pressure could dominate the market again.

Also Read: XRP Predictions and Impact on Crypto Market: 8% Drop After Positive Trend March 2025

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• NewsBTC. XRP Price Must Close Above This Level for Bullish Breakout, Analyst Warns. Source (Accessed March 17, 2025).
• Featured Image: Crypto Rank