The XRP price was caught in the latest crypto market-wide selloff, falling to an intraday low of $1. 57 within the past 24 hours. The sudden drop brings into focus XRP’s higher-timeframe structure, which is teasing a break below the 33-month exponential moving average. According to a technical assessment shared on X by crypto analyst Egrag Crypto, the recent drop below the 33-month exponential moving average does not automatically signal the end of XRP’s cycle, but XRP must close above an exact level to avoid a macro bearish confirmation
source: https://www.newsbtc.com/altcoin/xrp-must-hold-this-level-to-avoid-transition-to-macro-bear-structure/