XRP is currently at a critical technical position, and the next move will be a watershed moment.

According to on-chain analyst The Alchemist Trader, XRP is oscillating near the value area low around $2.8, having previously tested the key support at $2.7. This area has significant liquidity and presents opportunities for both bulls and bears.

Three key points to watch:
1️⃣ If consecutive lower lows appear, it will break toward the value low—a bearish signal.
2️⃣ If it breaks down, the target will be the Point of Control and the 0.618 Fibonacci level—potentially a 25% drop to $2.33.
3️⃣ Current liquidity may first create a sharp lower wick, but a rebound is expected afterward.

The optimistic scenario is for the support to hold and for a rebound back to $3.5, or even a new high. In the pessimistic case, there could be a drop of up to 25%. The next few days will hinge on whether these two support levels can hold.