Ripple’s native coin, XRP trades at $2.15, and there is little to no sentiment of bullishness. Price has been stuck in a range for almost a month, and the period of stagnation is not yet over. The leading altcoin has only moved backwards in the charts after reaching a peak of $3.31 this January.
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The only time XRP fell below $2 this year was in April when Trump announced new tariffs against 185 different countries. As the markets began to recover due to the 90 day pause in tariffs, the leading altcoin was quickly back over $2. This indicates that Ripple’s native token is likely to find support now that the markets have recovered from the period of uncertainty.
It is unlikely that XRP will ever fall below $2.
Since the beginning of this year, XRP’s price has remained stable between $1.90 and $2.20. This has been true for more than 200 days. The analysts from TradingView The altcoin is similar to 2017 when a period of consolidation helped the price surge. Tokens could be about to bottom around $2 and prepare for a surge in price.
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This rate could see XRP gain momentum and return to its previous resistance levels of $2.45 and $2.30. Price action is similar to its success in 2017, when it went from $0.06 to $2.21 within 10 months. If XRP can break through its resistance and reach above $2.5 and $2.45, it is unlikely that it will fall below $2.
The best thing to do is accumulate altcoins at the lower levels and then hold them until resistance levels have been broken. The altcoin could face another rally similar to the one that occurred between 2024’s end and 2025’s start. Altcoin’s price soared from $0.50 up to $3.31 within two months.
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Source: watcher.guru
