XRP (XRP-USD) is retaking a test, having failed for the third time to break the key $2.00–$2.01 resistance level. This struggle is happening even though the underlying news is good. XRP ETFs are seeing steady inflows and institutional infrastructure is growing.
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The price is refusing to move up, showing a strong disconnection between positive long-term growth and immediate technical resistance. This is setting up a structural tension that will force a major price movement very soon.
XRP’s Trading Volume Confirms Sellers are Defending the Line
The latest drop from $2.00 was dramatic. The trading volume during the selling surge was roughly 186% higher than average. This huge spike in volume is the market’s clear warning: large sellers are not just taking small profits; they are aggressively dumping their supply every time the price touches $2.00.
This aggressive selling confirms that the $2.00 area is a solid wall of supply. The pattern of three failed breakouts, each marked by high selling volume, suggests that the technical bias remains neutral-to-bearish.
XRP Must Hold $1.97 Floor to Avoid Deeper Pain
XRP is now trapped in a very tight range, compressed between the sellers at $2.01 and a vital support floor at $1.97. This is the market’s final “decision zone” before a major directional break.
To see a powerful rally, XRP must achieve a sustained close above $2.01, which would likely propel the token toward the $2.15–$2.20 target. However, if the price fails to hold the $1.97 floor, it will expose the token to a swift decline toward the $1.90–$1.92 support band. Until one of these boundaries is clearly broken, traders expect the price to remain range-bound.
At the time of writing, XRP is sitting at $1.9883.
