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Altcoin Analysis

XRP Stabilizes Near $2 as Market Signals Remain Weak

XRP Stabilizes Near $2 as Market Signals Remain Weak

XRP is attempting to stabilize after a volatile week, trading near $2.16 at the time of writing.

Key Takeaways:
  • XRP is clinging to the key $2 support level.
  • Exchange data shows strong spot and futures activity.
  • RSI and MACD still signal weak momentum.

Market analysts are closely watching a critical price area that could determine whether the token resumes its recovery or slides toward fresh monthly lows.

Blockchain analyst Ali highlighted $2 as the line that bulls must defend. According to his latest chart, XRP has repeatedly tested this region in recent days, and failure to hold could open the door to a deeper retracement toward $1.20 – the next major demand zone visible on the multi-month structure.

Spot and Futures Markets Show Heavy Activity

Exchange flow data shows significant activity on both spot and derivatives markets, with Asian and U.S. platforms dominating volume.
On the spot side, Upbit, Binance, and Coinbase lead inflows, with Upbit topping $329 million in 24-hour activity. Secondary platforms such as Bybit, Gate, Crypto.com, and Bitstamp make up the next tier, each contributing meaningful liquidity.

Futures markets are even more active. Binance and MEXC sit well above the rest, recording nearly $2 billion and $1.53 billion in XRP derivatives volume respectively. Bybit, OKX, and Gate also show strong participation, reflecting growing speculative interest as XRP approaches a key inflection point.

Momentum Indicators Remain Neutral but Fragile

Short-term technical indicators paint a mixed picture. The daily RSI is hovering around the mid-40s, signaling neither strong bullish momentum nor oversold conditions. For buyers, a move back above 50 would be the first sign of regained strength.

Meanwhile, the MACD remains below the signal line, suggesting that downward pressure has not fully eased. Momentum has improved slightly, but the trend has not yet shifted decisively in favor of the bulls.

What Comes Next for XRP

For now, XRP’s outlook hinges on whether the market can maintain the $2 support level highlighted by analysts. Holding this floor would give bulls room to attempt a rebound toward $2.40 and eventually $2.60 – the zones where previous rallies stalled.

But if sellers push the price below $2 with conviction, the structure would turn considerably weaker, with $1.20 emerging as the next meaningful support on the macro chart.

Market liquidity remains strong across the board, suggesting volatility could stay elevated as XRP traders react to these decisive levels.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Author

Reporter at Coindoo

Alexander Zdravkov is a person who always looks for the logic behind things. He has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

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