XRP has shown renewed strength in recent sessions, rebounding toward the $2.00 level after weeks of volatile and directionless trading. The move has sparked debate among traders and investors: is XRP finally transitioning into a sustained uptrend, or is this just another short-lived bounce within a broader corrective structure?
With the price once again pressing into a key psychological zone, the coming sessions are likely to be decisive.
XRP Price Tests Critical Resistance Near $2.00
After consolidating for much of the past month, XRP has pushed higher from the $1.85–$1.88 support zone and is now trading around $1.95. The rally has brought the price back into the $1.98–$2.00 region, an area that has repeatedly capped upside attempts since the start of the year.
XRP Price Chart | Source: TradingView
Today’s price action has ranged, roughly, between $1.87 and $1.99, showing improving intraday momentum but also clear hesitation near resistance. Volume has picked up modestly compared to recent sessions, suggesting growing participation, though not yet the kind of expansion typically seen in decisive breakouts.
So far, this looks more like a retest of resistance than a confirmed breakout.
Moving Averages Show Early Signs of Stabilization
From a trend perspective, XRP’s structure is improving but not fully resolved.
The price has reclaimed its 50-day Simple Moving Average, which currently sits near $1.88. This level has shifted from resistance to short-term support, a constructive development for bulls. However, XRP is still hovering close to its 200-day SMA, which remains just above the current price near the $2.00 area.
Historically, sustained upside momentum in XRP has only followed once price cleanly breaks and holds above the 200-day SMA. Until that happens, the broader trend remains neutral rather than decisively bullish.
RSI Suggests Momentum, Not Euphoria
The daily Relative Strength Index (RSI) is currently hovering in the 60–63 range, signaling strengthening bullish momentum without entering overbought territory.
This is an important detail. An RSI in this zone suggests buyers are in control, but it also indicates that XRP still has room to move higher before momentum becomes stretched. At the same time, the lack of an overbought signal means there is no urgency forcing sellers to step in yet.
If RSI begins to roll over below 55 while price stalls near $2.00, it would be an early warning that the rally is losing steam.
Upside Targets If $2.00 Breaks Cleanly
A confirmed daily close above $2.00, especially with rising volume, would materially shift XRP’s technical outlook.
In that scenario, the first upside target sits in the $2.15–$2.20 zone, where prior distribution occurred during earlier rallies. Clearing that area would open the door toward $2.35, followed by a potential extension toward $2.50, a level that aligns with previous macro resistance.
More optimistic projections point toward the $2.80–$3.00 region over the medium term, assuming favorable market conditions and continued capital rotation into large-cap altcoins. That would represent a broader trend reversal rather than a simple relief rally.
Key Risk Levels and Downside Scenarios
Despite the improving setup, XRP remains vulnerable to rejection at resistance.
The $2.00 level is the immediate hurdle. Failure to break above it could trigger profit-taking and push the price back toward $1.88, the 50-day SMA. A deeper pullback could see XRP retest $1.80, which has acted as a strong demand zone multiple times in recent months.
Top Regulated Brokers
A daily close below $1.75 would weaken the bullish thesis significantly and suggest that the recent move was another lower high within a broader consolidation range. Below that, attention would shift back to the $1.60–$1.65 support band.
Market Context and Broader Sentiment
XRP’s current price action is unfolding against a mixed macro and crypto backdrop. While large-cap altcoins have seen renewed interest, overall market sentiment remains sensitive to Bitcoin’s direction and broader risk conditions.
Importantly, much of XRP’s long-term regulatory overhang has already been priced in, meaning near-term moves are being driven more by technical structure, liquidity flows, and market sentiment than headline news.
If Bitcoin remains stable and capital continues rotating into majors, XRP has a realistic path toward higher levels. If risk appetite fades, however, resistance at $2.00 could once again prove decisive.
Ready to trade our Ripple forecast? We’ve shortlisted the best MT4 crypto brokers in the industry for you.