Balance at the level of two dollars: the price of XRP fluctuates on the edge of the market purgatory
The daily chart resembles a romance-sasouns. XRP is trapped, compressed under the previous high of $2.58 and supported by a reactive low of $1.83.
The price fluctuates just above $2.00, which is simultaneously a psychological point of focus and a structural pivot.
Momentum? Lost its spark — daily volume has been steadily declining since the December spike, suggesting that traders are more swaying than hoping.
With serious resistance in the range from $2.18 to $2.22 and strong support from $1.98 to $2.00, XRP is clearly gearing up for something — it just hasn't received an invitation to the breakout party yet.
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Zooming to the 4-hour chart, you'll see that XRP received a firm 'thank you, no' at $2.18. Since December 9, the token has been carving lower highs, like a fading heartbeat on an ECG.
Twice the price movement has bounced off the range of $1.97–$2.00, proving that some buying pressure is still holding up on artificial support.
However, buyers are more window shopping than accumulating.
Tendency? Hardly warm, unless XRP can convincingly enter the range of $2.05–$2.08. A decisive drop below $1.97 will open the doors to a quick slip to $1.90.
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The 1-hour chart adds a bit of spice to the story. XRP is slowly declining within a descending micro-channel, showing all the enthusiasm of a rainy Monday.
Any jump meets resistance — the last attempt fizzled out at $2.03, which is now the ceiling with a stubborn character.
Sellers are still in the game, although they are losing strength just above the $2.00 line.
The nearest resistance is reliably positioned at $2.02–$2.04, while support is held at $1.99–$2.00, with the subsequent level at $1.97. This is a trench warfare for inches, and while XRP has not flinched yet — it's not the end.
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Bull's verdict:
If XRP holds the $2.00 level and returns to the $2.05–$2.08 zone with strong continuation, the charts suggest a growth potential up to $2.18, with the possibility of extending to a resistance set of $2.22–$2.40.
Momentum indicators and fading selling pressure may provide a lift, but only if buyers gain the much-needed confidence. Until then, bullish hopes remain conditional — unconfirmed.
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Bear's verdict:
If XRP loses its support at $1.97 and closes below it with volume, the integrity of the structure will crack, opening the asset for a drop to $1.90 and possibly to $1.83.
As long as each major moving average opposes the price and oscillators show slight directional strength, bears clearly have the advantage — until the floor at $2.00 holds as it needs to.
