XRP is trading above its 21-week EMA and currently holds above $2.10. A weekly close above $2.25 could confirm a bottom from the April 7 lows, according to analyst Egrag Crypto. If this level isn’t met, XRP might experience renewed bearish pressure. Despite recent gains reclaiming its 21-week EMA, the token is still facing significant volatility and uncertainty. The analysis highlights the importance of closing above $2.25 for a clear signal of a potential bottom. Failure to do so may lead to renewed selling pressure. However, Egrag Crypto does highlight that only a full-body weekly candle close above both $2.10 and $2.25 provides strong confirmation that April 7’s dip marked the cycle’s low.