XRP at $2.05: Breaking the $2.00 Ceiling—What's Next?

The Setup

XRP has been hovering near the critical $2.00 price ceiling, and traders are watching closely to see if bulls can establish a decisive break above this key barrier. Currently trading around $2.05, the coin sits within a narrow consolidation range, having found support near $1.90 following a rebound from the $1.85 lows. However, the path upward remains contested—a descending trend line is forming on the hourly chart with resistance clustered around $1.95 to $2.00 levels.

The Technical Picture

The hourly MACD indicator is slowing down in bearish territory, suggesting momentum may be weakening despite the price recovery. Meanwhile, the Relative Strength Index (RSI) remains above 50, indicating neither extreme overbought nor oversold conditions—traders are in a holding pattern.

The 100-hour simple moving average continues to act as dynamic overhead resistance, keeping the price pressured just below $2.00. This convergence of technical barriers creates what could be called XRP’s current price ceiling.

The Bull Case: Breaking Higher

If XRP manages to close above the $2.00 level decisively, the next immediate target becomes $2.05 (where price currently sits). From there, bulls would eye $2.12, followed by $2.22 resistance zones. If momentum continues, the $2.25 area could attract aggressive buyers looking for another leg higher.

The key is whether this price ceiling at $2.00 can be converted from resistance into support—a psychological and technical turning point.

The Bear Case: Heading Lower

Failure to hold above $2.00 would shift focus downward. Support at $1.90 represents the first line of defense. If sellers push through that level, $1.85 becomes critical—a failure here could accelerate selling pressure toward $1.82 and eventually $1.80 and $1.765.

Key Levels to Watch

• Resistance: $1.95, $2.00 (ceiling), $2.12, $2.22, $2.25
• Support: $1.90, $1.85, $1.82, $1.80, $1.765

The setup is relatively binary: either bulls clear the $2.00 ceiling and establish higher lows, or bears defend and initiate a fresh decline. The next few hours will likely determine which scenario unfolds.