XRP Fails to Clear $2.00 Resistance for Third Time, Signaling Near-Term Inflection Point
XRP has failed to break past the $2.00 resistance level for the third time, remaining capped just under a $2.01 zone. This $2.00–$2.01 range has rejected price advances three times with expanding volume, indicating distribution and selling pressure. In the latest session, XRP's price declined by approximately 1% to $2.01 after another unsuccessful attempt above $2.00, briefly dipping to $1.98 with the next support located between $1.97 and $1.98.
On the 60-minute chart, XRP rebounded from about $1.987 to just above $2.00 on roughly 4.75 million units traded; however, the follow-through buying remains limited. The technical outlook stays neutral-to-bearish unless XRP closes decisively above $2.01 with sustained volume, which could trigger a move toward the $2.15–$2.20 range. Conversely, if the $1.97 support fails, XRP could fall toward the $1.90–$1.92 band.
Despite the lack of immediate price upside, long-term fundamentals for XRP remain supported by ETF inflows and ecosystem expansion, including custody solutions, decentralized finance (DeFi), and cross-chain developments. On the macro level, the Federal Reserve recently cut interest rates by 25 basis points to a range of 3.5%–3.75%—its third cut this year—generally supporting risk assets. However, ongoing inflation concerns have capped broader market gains, and XRP remains disconnected from these improving macroeconomic signals.
