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XRP Price Forecast: What next for Ripple linked token as price zooms above $2

CoinDesk
XRP surged past $2.00 on strong volume, making $1.96 a critical support level to confirm the breakout's validity.

Summary

XRP recently surged to $2.02 after buyers decisively broke through the key resistance level of $1.96 on high volume, flipping that ceiling into potential support. Traders are now focused on whether XRP can sustain a price above $2.00 to trigger further upward movement, as this breakout occurred with sustained volume suggesting significant participant interest, unlike previous failed rallies.

The technical analysis shows XRP jumped 8.7% in 24 hours, with the breakout confirmed when volume surged 142% above average as it cleared $1.96. XRP established a new support pocket between $2.01 and $2.03, which must hold for the rally to continue. A controlled pullback from $2.031 to $2.023 without immediately falling below $2.00 is viewed positively as digestion rather than rejection.

For traders, the focus is on defense: if XRP holds the $2.01–$2.03 zone and keeps $2.00 intact, the next targets are $2.03–$2.05. However, losing $2.00 would signal a failed breakout, likely leading to a retest of $1.96; failure at $1.96 risks a return to the prior trading range, making $2.00 the headline level but $1.96 the critical line in the sand.

(Source:CoinDesk)