XRP Price Battles Key Resistance Below $2 as Buyer Momentum Falters

XRP's push toward the $2 mark hits a wall. The digital asset is locked in a struggle with formidable resistance just below that psychological threshold, and the buying pressure needed to break through simply isn't materializing.

The Uphill Climb

Every rally attempt gets slapped down. The chart shows a clear ceiling forming, a price zone where sellers consistently overwhelm buyers. Without a surge of fresh capital or a major catalyst, XRP remains trapped in a consolidation pattern—the kind that tests the patience of even the most ardent holders.

Where Are the Buyers?

Momentum indicators tell the story: weak volume, fading bullish signals. It's a classic standoff. The market is waiting for a reason to commit, leaving the token in a state of suspended animation. For now, the path of least resistance appears to be sideways or lower—a frustrating reality for those banking on a swift march upward.

In the grand casino of crypto, sometimes the house doesn't just win; it convinces you to keep playing while it changes all the rules. XRP's current stalemate is a reminder that in markets, as in life, hope is not a strategy. The token needs a genuine spark, not just speculative chatter, to carve a new path.

XRP price remains under pressure, trading below the key $2.00 level. Multiple failed attempts to MOVE higher have reinforced the broader downtrend, keeping buyers cautious. With price action capped by strong resistance, momentum has weakened, and market confidence remains fragile. Unless XRP can decisively reclaim $2.00, sentiment is likely to stay defensive.

On-chain Data Signals Growing Stress Among XRP Holders

According to Glassnode, growing pressure on XRP holders. About 52% of the circulating supply is currently in profit, meaning nearly half of all tokens are underwater. This decline in profitability mirrors late-2024 conditions, when XRP failed to sustain strong rallies.

Historically, when the share of supply in profit nears or drops below 50%, XRP often enters extended consolidation or deeper corrective phases. While this does not signal an immediate sell-off, it increases the risk of panic selling if prices slip further and holder confidence weakens.

Ownership concentration is adding to market concern. Ripple Labs continues to control a significant share of the supply, with roughly 45 billion XRP held in escrow and about 1 billion tokens freely available. Because supply is heavily concentrated among a small group of entities and exchanges, changes in large-holder behavior can quickly impact XRP’s price direction.

Whale Activity Reflects Cautious Positioning

Data shows that wallets in the top 1% of XRP holders control approximately 87.6% of the total supply, slightly lower than earlier in the month. While the decline is modest, even small reductions at this scale can affect price action. 

Rather than accumulating aggressively, whales appear to be reducing exposure cautiously. This behavior limits upside momentum and reinforces the current sideways-to-bearish structure, making a rapid recovery less likely without fresh demand.

XRP Price Analysis

From a technical standpoint, XRP is trading NEAR $1.92 and remains capped below resistance around $1.94. A descending trendline that has held for more than six weeks continues to suppress upside attempts. In the near term, XRP is likely to remain range-bound between $1.85 and $1.94 unless a decisive breakout or breakdown occurs.

Analysts See Potential for a Trend Reversal

Despite the weak backdrop, some analysts are watching for a potential shift. crypto analyst Arthur notes that liquidation data shows most downside liquidity has already been cleared, while significant liquidation clusters sit above the price between $2.10 and $3.20. He believes this imbalance could fuel a sharp upside move if momentum returns.

Meanwhile, x user, Niels, highlights a possible double-bottom formation, with RSI rebounding and price reclaiming support after a brief fake breakdown. If broader market conditions improve, he sees XRP targeting the $2.30–$2.50 range.