XRP Price Stays Above $2 Amid Key Support and Resistance Levels

The price of XRP has been declining since mid-2025, but consistently finds support at the $2 mark. This week, XRP fell from a local high near $2.20 back to its support level.

Key On-Chain Levels for XRP

Crypto analyst Ali Martinez highlighted three critical price levels using Glassnode’s Cost Basis Distribution Heatmap.
The heatmap shows investor clusters and their cost basis in deep red, indicating potential support or resistance zones.
Support levels: $1.96 and $1.78, where rebounds are likely as investors defend their positions by buying more.
Resistance level: $2.17, where selling pressure is expected due to investors' cost basis, preventing price breakout.
XRP needs to break through $2.17 to initiate an upward trend. Falling below $1.96 could lead to a drop down to $1.78.

XRP Price At A Glance: Currently priced at approximately $2.01, with no significant change over the past day and nearly a 2% decline over the week according to CoinGecko.