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 <p class="paragraph">Despite the recent inability to make significant <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> movements, XRP maintains its position among the popular cryptocurrencies, drawing interest from investors. Much of this interest arises from the ongoing Ripple and Securities Exchange Commission (SEC) case, which has reached a critical stage.</p>
 <p class="paragraph">Indeed, XRP has been consolidating below the $0.65 mark, and cryptocurrency analyst <em>Egrag Crypto</em> has provided insights on what investors should <a rel="noopener noreferrer nofollow" title="watch" href="https://thebittimes.com/tag/watch.html">watch</a> for.</p>
 <p class="paragraph">In an X (formerly Twitter) post on March 30, the analyst highlighted that, given the current trend, XRP investors should prioritize accumulation while remaining vigilant for notable levels that could indicate a potential breakout.</p>
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 <p class="paragraph">The analyst emphasized the importance of monitoring XRP’s performance concerning Fibonacci retracement levels, specifically pinpointing the Fib 0.5 level at $0.75. This value represents an increase of about 20% from XRP’s price at the time of publication.&nbsp;</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/docsz/AD_4nXcPM9SpUZ0x3KIpQ_VfqU4e_UZssKM_aMgY7y-T7UB6Psy3PcZ7oQ_AJ0FMH4FEMK89s8JUfCqStmjsOmk1xw2mWGJOeKGATzFa3Cnbd9Q3k7WPJQb636HV_5odHKvri-VHCL82WA6juF7TEnVczV0?key=HhRYEtxwwZ9OILSQIacVpA" alt>
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 <p class="paragraph">According to <em>Egrag Crypto</em>, until XRP manages to close above this level in the weekly timeframe, the market is likely undergoing an accumulation phase, suggesting that other price fluctuations may be considered insignificant noise.</p>
 <h2 class="wp-block-heading" id="h-next-xrp-roadmap-nbsp">Next XRP roadmap&nbsp;</h2>
 <p class="paragraph">The <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> also provided a roadmap for XRP, indicating that the next critical zones to observe are the Fib 0.618 and Fib 0.702 <a rel="noopener noreferrer nofollow" title="level" href="https://thebittimes.com/tag/level.html">level</a>s, which would see the asset trade around the <a rel="noopener noreferrer nofollow" title="crucial" href="https://thebittimes.com/tag/crucial.html">crucial</a> $1 zone.&nbsp;</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“Next Critical Zone: Fib 0.618 (0.94c) and Fib 0.702 (1.10c), Until then keep on stacking,” he noted.&nbsp;</p>
 </blockquote>
 <p class="paragraph">Notably, if this estimation proves accurate, it would mark a welcomed trajectory for investors, especially given the token’s disappointing performance in failing to breach the $1 mark.</p>
 <h2 class="wp-block-heading" id="h-impact-of-sec-case-nbsp">Impact of SEC case&nbsp;</h2>
 <p class="paragraph">However, the ongoing lawsuit between Ripple and the SEC casts a long shadow over XRP’s prospects. The lawsuit alleges that XRP is an unregistered security, a classification that could impede broader adoption if the SEC prevails. A favorable resolution for Ripple in this legal battle would significantly boost XRP’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>.</p>
 <p class="paragraph">There are discussions of both parties potentially settling, particularly after the initial court ruling favored XRP by declaring it not to be a security.</p>
 <p class="paragraph">As of press time, XRP is trading at $0.62, experiencing a marginal drop of less than 1% over the past 24 hours. The weekly chart shows XRP’s consolidation pattern, with only a 0.30% decrease over seven days.</p>
 <p class="paragraph"><strong><em>Disclaimer</em></strong><em>: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/breakout-signal-this-is-the-crucial-xrp-price-level-to-watch-tbt84063.html">https://thebittimes.com/breakout-signal-this-is-the-crucial-xrp-price-level-to-watch-tbt84063.html</a></p>

Breakout signal: This is the crucial XRP price level to watch

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