XRP Consolidates At $1.90: Is The Market Losing The Will To Push Past $2?

XRP grinds sideways at $1.90—a price point that's starting to feel less like a launchpad and more like a waiting room. The digital asset, once a darling of the payments-focused crypto narrative, finds itself in a classic consolidation pattern. But the silence is deafening. Where's the buy-side pressure?

The Stalemate Explained

Traders watch the order books, looking for the volume spike that signals a decisive move. It hasn't arrived. The chart shows a series of higher lows, technically bullish, but the failure to challenge the $2.00 resistance level speaks volumes. Market sentiment appears caught between lingering regulatory optimism and the harsh reality of daily price action. Some analysts whisper about 'distribution'—a polite term for smart money quietly exiting to retail bag-holders.

Breaking The Psychological Barrier

Clearing $2.00 isn't just about a number; it's a psychological victory. It flips resistance into support and opens the path toward previous highs. The current inertia suggests a lack of conviction, perhaps waiting for a fresh catalyst or broader market tailwinds. Meanwhile, other assets make their moves, highlighting the opportunity cost of capital parked in a stagnant trade—the ultimate sin in a world chasing triple-digit annual returns, or at least the convincing illusion of them.

Without a surge of fresh demand, XRP risks cementing this zone as a ceiling, not a floor. The next move will define the short-term trajectory: a bullish breakout that validates the patience of holders, or a rejection that sends it searching for lower support. In crypto, consolidation is either coiled energy or accumulated fatigue. The market votes with its wallet every second.

Can Increased Demand Push XRP To $2?

XRP is one of the most popular cryptocurrencies in the market. However, the asset does not seem to have much demand at the $2 mark. XRP’s price seems to be consolidating around the $1.90-$1.95 level. In fact, the larger crypto market itself is showing signs of consolidation. Bitcoin (BTC) may be plateauing around the $88,000-$89,000 level. Other cryptocurrencies are simply following BTC’s trajectory.

XRP may hit the $2 mark if Bitcoin (BTC) can reclaim the $90,000 price level. The original crypto is struggling to break past the $89,000 mark right now. BTC’s struggles are likely trickling into XRP and other assets.

XRP also saw the launch of a few spot ETFs earlier this year. XRP ETF products have seen more than $1 billion in inflows so far. Although ETF inflows have played a substantial role in the 2025 crypto market cycle, XRP’s ETF inflows have not been sufficient to propel the asset’s price. Increased ETF inflows could help XRP go beyond the $2 mark.