<ul data-eligibleForWebStory="true">XRP is at a pivotal support level per MakroVision analysts' updated report.The broader price structure for XRP remains bearish with lower highs and lower lows.XRP broke below $2.03, entering the 'Golden Pocket' Fibonacci retracement zone.Analysts emphasize the importance of the current support level in determining XRP's short-term direction.No strong bullish reaction has been observed in the 'Golden Pocket' area so far.MakroVision outlines two potential paths for XRP: a relief rally above $2.13 or a breakdown if the support fails.A successful recovery could see XRP aiming for $2.23 and $2.35, targeting recent local highs.If the support at the Golden Pocket zone fails, XRP risks a deeper correction phase with limited nearby support.Analysts warn that a sustained bearish breakout could occur if demand does not strengthen.