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XRP Price Near $2.00 Faces Selling Walls as Resistance at $2.05 Comes Into Focus
XRP was trading at $2.00, gaining 5.7 per cent. per day, with price approaching an apparent selling wall.
The immediate resistance is the $2.05, and the pressure on the sales makes it hard to climb higher in the last few sessions.
It was trading above the $1.89 support and the price held its structure within the range of 24 hours as the buyers were tested above.
XRP was able to extend its short-term recovery since the price was approaching visible selling pressure areas. The share was trading at$2.00 which indicated that the share had increased by 5.7 percent on a daily basis. The progress came after consistent purchasing in the market that had driven XRP into a place where it was formerly constrained by supply pressures on upside movement.
As a result, attention shifted toward how price behaves near established resistance. The market now focuses on whether buyers can absorb sell orders clustered above current levels. This setup frames the next phase of XRP’s price action.
XRP Price Advances Toward Key Resistance Zone
XRP approached a clearly defined resistance at $2.05, where selling walls remain active. Notably, price stalled near this level during prior sessions. This area now represents the immediate technical barrier.
XRP’s rise occurred alongside a 5.4% gain against Bitcoin, with price holding at 0.00002231 BTC. This alignment shows strength across pairs. However, resistance near $2.05 continues to cap momentum. As price compresses beneath this zone, short-term volatility may increase. This phase often attracts both profit-taking and fresh positioning.
Support Structure Holds as Market Tests Supply
Below current levels, XRP maintained support at $1.89, which limited downside during recent pullbacks. This level now anchors short-term structure. Notably, price stayed above this support throughout the 24-hour range. This stability allowed buyers to push prices higher without sharp retracements.
As resistance comes into focus, support strength becomes critical. A sustained hold above $1.89 keeps price within its current trading structure. This balance sets the stage for continued interaction between buyers and sellers.
Market Context and Near-Term Price Behavior
Within the 24-hour trading range, XRP remained controlled, without extreme price extensions. However, price now trades close to resistance, where sell orders concentrate. This positioning increases the likelihood of short-term consolidation or rejection attempts. If buying pressure persists, price may continue testing the $2.05 level.
Conversely, failure to absorb selling pressure could trigger pullbacks toward established support. These movements remain constrained by the defined levels already in place. As trading continues, price behavior around resistance will guide near-term direction.