XRP Holds Strong Above $2 as Buyers Defend Key Support Amid Market Uncertainty

Despite a largely sideways crypto market, XRP has once again defended the psychologically important $2 level, signaling underlying strength. Buyers have consistently stepped in to absorb sell pressure at this zone, reflecting sustained demand. XRP is now trading at approximately $2.19, just under a cluster of moving averages that currently serve as short-term resistance.

The 50 and 100 Exponential Moving Averages (EMAs), positioned around $2.22 and $2.25, remain critical barriers to bullish momentum. A confirmed daily close above these EMAs could signal the start of a more sustained recovery. Conversely, repeated failures to break through may cement this area as resistance, inviting further sell-offs.

Technical indicators show cautious optimism. Recent green candles have been supported by modestly rising volume, suggesting genuine interest rather than just short covering. The Relative Strength Index (RSI) is hovering near 51—still neutral, but showing early signs of bullish reversal as bearish momentum fades.

Should XRP manage to hold above $2 and break through the 50 and 100 EMAs, the next key resistance lies in the $2.30–$2.35 range. This level has repeatedly capped price action since early May and is likely to attract momentum traders and fresh capital if breached.

While there’s no guarantee of an immediate breakout, XRP’s repeated defense of the $2 floor reflects a market not ready to capitulate. Holding this support keeps bullish prospects alive, offering a technical foundation for a potential long-term uptrend. For now, XRP’s resilience at key levels remains its most promising signal.