XRP Price Tops $2; Resistance $2.10, Support $1.75
After sliding from $2.30 to a low of $1.80, XRP price rebounded past $2.00. Analysts identify immediate resistance at $2.00–$2.10. A decisive daily close above this range could target the next wall at $2.60. Failure to reclaim $2.08 risks a return to $1.75, a key support zone where 1.8 billion XRP tokens were previously acquired. A deeper drop to $1.50 marks the bearish scenario outlined by some analysts. XRP ended the day up 6.4% at $2.04 but remains down 10.2% weekly and 16.5% monthly. Overall, XRP price is 45% below its July 2025 all-time high.
Bullish
The break above $2.00 represents a technical reversal that may attract short-term buying, marking the first close above this level since last week’s dip. Historically, overcoming a key resistance zone has preceded upward runs toward the next sell wall at $2.60. Traders watching similar patterns have added positions once XRP cleared psychological levels, driving momentum. The identified support at $1.75 offers a floor that could limit downside and encourage risk-taking. In the short term, this price action is bullish, signaling a potential recovery phase. However, sustained gains depend on closing above $2.10 and broader market sentiment; failure to hold the $2.08 threshold could negate the bullish outlook. Long-term direction remains tied to overall market trends and XRP’s return to its July peak.