XRP Price News: Fails to Clear $2.00 for Third Time, Setting Up Near-Term Inflection Point

XRP's price is struggling to overcome the $2.00 psychological resistance level, failing for the third time despite positive institutional developments like steady U.S. spot XRP ETF inflows and ecosystem growth. Technical analysis shows that each rejection at the $2.00–$2.01 zone was accompanied by surging volume (up 186% during the latest rejection), indicating aggressive selling pressure rather than accumulation. Momentum indicators are mixed, and the price is currently consolidating between support near $1.97 and supply at $2.00–$2.01. Traders should watch for a decisive close above $2.01 to trigger an upward move toward $2.15–$2.20, or a drop below $1.97 could lead to a retracement toward $1.90–$1.92.

(Source：CoinDesk)