XRP Price Near $2: Can Ripple Break Resistance and Trigger a Bullish Reversal?

XRP is once again approaching the psychologically important $2 level, a price zone that has quietly become a major turning point for market sentiment. After months of persistent downward pressure, XRP is now stabilizing just below this threshold, raising a critical question for traders and investors: can XRP reclaim $2, hold above it, and push higher, or will this level once again act as firm resistance?

From a technical analysis perspective, the outlook for XRP is mixed but gradually improving. The price continues to trade below the 100-day and 200-day exponential moving averages, which remain significant overhead resistance levels. This suggests that the broader trend is still bearish. However, the market structure has shifted noticeably. Instead of a sharp sell-off, XRP is now experiencing price compression, signaling that selling pressure has weakened and that a potential recovery attempt could be forming.

The $2 level is not just a round number; it represents a crucial pivot for liquidity and market psychology. A decisive close above $2 would likely force short-term bearish traders to reassess their positions and invalidate the recent lower-low pattern. This could open the door for a move toward the $2.15 to $2.30 range, an area that aligns with previous breakdown levels and key moving average resistance.

Momentum indicators support cautious optimism. The Relative Strength Index (RSI) remains in neutral territory, indicating that XRP is not currently overbought or oversold and that aggressive distribution is absent. Trading volume has also stabilized, suggesting a lack of panic selling and providing the market with room to attempt a higher push if broader crypto market conditions remain supportive.

On the downside, failure to reclaim and hold $2 would reinforce this level as resistance and likely keep XRP trapped in a defensive, range-bound structure. In that scenario, downside risk would increase toward the $1.80 to $1.85 support zone, where buyers have previously stepped in.

For investors, XRP’s current price near $2 offers a clearer risk-reward setup. Compared to chasing strength, positioning near this level provides a defined invalidation point, making the coming sessions crucial for XRP’s short-term direction.