XRP Price Faces Critical Test at $2.00 as Sellers Defend Key Resistance

XRP is approaching a decisive moment as price action continues to stall near the psychologically important $2.00 level, failing to establish a sustained breakout for the third time in recent sessions. Despite supportive macroeconomic and institutional developments, XRP price remains largely disconnected from broader crypto market improvements, highlighting a growing near-term inflection point for traders.

Recent market conditions have favored risk assets after the U.S. Federal Reserve delivered its third interest rate cut of the year, lowering the target range to 3.5%–3.75%. While this move provided a tailwind across equities and digital assets, lingering inflation concerns and internal Fed dissent have limited follow-through in speculative markets. XRP has mirrored this hesitation, showing resilience but lacking momentum to push higher.

On-chain and institutional narratives remain constructive. U.S. spot XRP ETFs have continued to record steady inflows, signaling ongoing institutional interest. In parallel, the XRP ecosystem is expanding through new custody solutions, DeFi integrations, and cross-chain developments, reinforcing long-term adoption prospects. However, these bullish fundamentals have yet to translate into a clear technical breakout.

From a technical perspective, XRP remains capped below a clearly defined resistance zone between $2.00 and $2.01. Each rejection at this level has been accompanied by rising trading volume, with the most recent failure showing volume nearly 186% above average. This pattern suggests active distribution, as sellers consistently step in to absorb buying pressure rather than allowing price discovery to the upside.

Momentum indicators continue to paint a cautious picture. Relative strength remains neutral, while intraday charts show lower highs forming beneath resistance. XRP briefly dipped toward the $1.98 area before buyers defended support, establishing a short-term demand zone between $1.97 and $1.98. A sustained move above $2.01 could open the door to a rally toward the $2.15–$2.20 range, while a breakdown below $1.97 may expose downside risk toward $1.90–$1.92.

For now, XRP remains range-bound, with traders closely watching for confirmation of a breakout or breakdown as price compresses between firm support and persistent selling pressure.