- XRP is stuck near $2.15 with weak momentum, but the $2 level has proven to be strong support.
- Current consolidation resembles XRP’s 2017 setup, which preceded a major rally.
- Breaking resistance at $2.30–$2.45 could pave the way for another price surge.
Ripple’s native token, XRP, is holding around the $2.15 mark, but there’s little bullish momentum in sight. The price has been trapped in a tight range for nearly a month, with no clear signs of a breakout. After peaking at $3.31 back in January, XRP has mostly trended downward, leaving traders wondering if a rebound is coming anytime soon.
$2 Level Emerges as Key Support Amid Global Market Turbulence
Interestingly, despite facing multiple macroeconomic shocks—including Trump’s sweeping tariffs on 185 countries—XRP has only briefly dipped below $2 once this year, back in April. That decline was short-lived, as a 90-day pause on tariffs brought temporary relief to global markets, allowing XRP to rebound. The price action suggests that XRP’s $2 floor is holding up as a critical level of support in turbulent times.
Consolidation Pattern Resembles 2017 Rally Setup
So far in 2025, XRP has been consolidating between $1.90 and $2.20 for over six months. Analysts on TradingView see parallels to 2017, when a similar period of tight price action led to a huge run-up. Back then, XRP skyrocketed from $0.006 to $2.21 in less than a year. If history repeats, XRP could be gearing up for another breakout soon.
Accumulation Zone May Lead to Another Surge
XRP might be nearing the end of its consolidation phase, and if it can break past $2.30 and then $2.45, bulls could have a shot at reclaiming momentum. Analysts suggest this may be a good range for accumulation, as a confirmed breakout could make another rally—like the one seen between late 2024 and early 2025—more likely. Back then, XRP surged from $0.50 to $3.31 in under two months.
