XRP Eyes Long-Term Gains as It Tests Critical $2 Resistance Level

XRP Technical Analysis and Price Outlook

XRP initially surged above $2 in January, reaching a high of $2.4, but has since struggled to maintain this bullish momentum.
A long-standing resistance level around $2 has been significant since 2017, acting as both support and resistance over time.
Crypto analyst Steph notes that a clean close above $2 on a yearly timeframe could signal the exhaustion of long-term supply, potentially leading to a larger repricing for XRP.
Current trading is around $2.09, with past resistance at $2 causing repeated challenges for sustained upward movement.
Historically, XRP reached an all-time high of $3.65 after maintaining levels above $2 during mid-2025.
A consistent close above $2 on higher timeframes is crucial for turning resistance into support and establishing a new price base.
If successful, this structural change could lead to significant upside potential, with projections reaching up to $30.

XRP 12-Month Price Chart

Image credits: TradingView