XRP’s $2.22 Support Test: Make-or-Break Level for a Bullish $15 Scenario

• Egrag Crypto shares an XRP chart, signaling potential future price movement.
• XRP is trading at $2.23, down 5.8% in 24 hours and 7.3% over the past month.
• The $2 point is a key support level, while $3.00 remains a resistance zone.

Ripple’s XRP has drawn renewed community interest recently, even as its price faces downward pressure. Despite a major regulatory win with the SEC lawsuit dismissal, XRP hasn’t seen the sharp price surge many anticipated, currently trading around $2.23 after a ~5.8% daily decline. 

This price action tests critical support levels, prompting analysts to weigh near-term risks against longer-term bullish projections, some targeting as high as $15.

XRP Tests Critical $2.22 Support: What Egrag’s Chart Shows

Analyst “Egrag” highlighted the importance of the $2.22 level for XRP. His chart analysis identifies this price point as crucial immediate support, an area tested multiple times previously. 

According to Egrag, if buyers successfully defend this level, a bounce back towards the major resistance area around $3 could …

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