XRP Price Breaks $2 – Here Are the Key Levels
XRP has broken past the psychological $2 mark again. While the recent surge has brought optimism across the Ripple community, the road ahead is filled with both opportunity and caution.
XRP’s rise back to $2 aligns with a broader crypto market rebound. With legal clarity from Ripple’s ongoing regulatory saga reportedly nearing, investor sentiment could be shifting in anticipation of bullish news.
As of writing:
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Price: $2.00
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Market Cap: $116.96B (↑ 9.85%)
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24h Volume: $7.61B (↑ 2.91%)
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Circulating Supply: 58.27B XRP
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Total Supply: 99.98B XRP
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FDV: $200.7B
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Volume/Market Cap Ratio (24h): 6.5%
Despite a 1.60% pullback over the past 7 days, the overall market sentiment remains bullish as XRP successfully reclaimed the $2 level following a sharp dip earlier in the week.
Recent Price Action
XRP peaked above $2.03 on April 6 before entering a volatile correction phase that saw prices dip as low as $1.67 on April 8. However, bulls quickly re-entered the market, pushing the token back to the $2 threshold by April 10.
This “V-shaped” recovery pattern indicates strong buying pressure at lower levels — a potential sign of institutional accumulation or renewed investor confidence amid broader market recovery.
Key Support and Resistance Levels
Support Zones
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$1.90 – $1.95: This is the first strong support range, tested multiple times during the April 8–9 dip.
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$1.70 – $1.75: A critical demand zone that acted as the absolute bottom in this week’s pullback.
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$1.50 (long-term): If macro pressure mounts, this zone could serve as a strong long-term floor.
Resistance Levels
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$2.05 – $2.10: Short-term resistance, which capped the April 6 rally.
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$2.25: A breakout target if $2.10 is breached — previously a sticking point during the last bull cycle.
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$2.50 and beyond: A psychological barrier that could turn into a momentum zone if XRP gathers steam.
Conclusion
XRP’s break above $2 is more than just a price milestone — it’s a psychological turning point for both traders and long-term holders. While volatility remains, key support levels have been tested and respected, setting the stage for potential upside if momentum continues.
Investors should keep an eye on the $2.05–$2.10 resistance in the coming days. A clean breakout could reignite the bullish wave, while failure to hold above $2 may lead to another retest of support around $1.90.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a "detective-like" mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
