XRP Price Near $2.00 Faces Selling Walls as Resistance at $2.05 Comes Into Focus

XRP0,53%
BTC0,27%
  • XRP was trading at $2.00, gaining 5.7 per cent. per day, with price approaching an apparent selling wall.

  • The immediate resistance is the $2.05, and the pressure on the sales makes it hard to climb higher in the last few sessions.

  • It was trading above the $1.89 support and the price held its structure within the range of 24 hours as the buyers were tested above.

XRP was able to extend its short-term recovery since the price was approaching visible selling pressure areas. The share was trading at$2.00 which indicated that the share had increased by 5.7 percent on a daily basis. The progress came after consistent purchasing in the market that had driven XRP into a place where it was formerly constrained by supply pressures on upside movement.

As a result, attention shifted toward how price behaves near established resistance. The market now focuses on whether buyers can absorb sell orders clustered above current levels. This setup frames the next phase of XRP’s price action.

XRP Price Advances Toward Key Resistance Zone

XRP approached a clearly defined resistance at $2.05, where selling walls remain active. Notably, price stalled near this level during prior sessions. This area now represents the immediate technical barrier.

XRP’s rise occurred alongside a 5.4% gain against Bitcoin, with price holding at 0.00002231 BTC. This alignment shows strength across pairs. However, resistance near $2.05 continues to cap momentum. As price compresses beneath this zone, short-term volatility may increase. This phase often attracts both profit-taking and fresh positioning.

Support Structure Holds as Market Tests Supply

Below current levels, XRP maintained support at $1.89, which limited downside during recent pullbacks. This level now anchors short-term structure. Notably, price stayed above this support throughout the 24-hour range. This stability allowed buyers to push prices higher without sharp retracements.

As resistance comes into focus, support strength becomes critical. A sustained hold above $1.89 keeps price within its current trading structure. This balance sets the stage for continued interaction between buyers and sellers.

Market Context and Near-Term Price Behavior

Within the 24-hour trading range, XRP remained controlled, without extreme price extensions. However, price now trades close to resistance, where sell orders concentrate. This positioning increases the likelihood of short-term consolidation or rejection attempts. If buying pressure persists, price may continue testing the $2.05 level.

$XRP is about to reach a selling walls.

The battle to break through the resistance levels will now begin. pic.twitter.com/ehkpf7ztab

— CW (@CW8900) January 3, 2026

Conversely, failure to absorb selling pressure could trigger pullbacks toward established support. These movements remain constrained by the defined levels already in place. As trading continues, price behavior around resistance will guide near-term direction.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Dogecoin Price Prediction: DOGE and XRP Show Promise With Monthly Gains, But Traders Are Placing All Bets On DeepSnitch AI Ahead of March 31 Launch Date

Vitalik Buterin, one of the founders of Ethereum, proposed a plan to merge the backend software used by nodes that operate Ethereum’s Beacon Chain and execution layer. All these developments in Ethereum’s infrastructure and overall bullish market have made traders look at assets such as

CaptainAltcoin1h ago

Best Crypto to Buy Now: 5 Top Picks As XRP Surges and Cardano (ADA) Dips

Quick Answer: What Is the Best Crypto to Buy Now? The best crypto to buy now depends on your strategy, but top choices include XRP for momentum, Bitcoin for stability, Solana for growth, Cardano for dip buying, and emerging projects for early opportunities. Market Overview: Why Investors Are

BlockChainReporter2h ago

Ripple Expands Digital Asset Business in Brazil, Plans to Apply for Virtual Asset Service Provider License

Ripple announced plans to expand digital asset services in Brazil, with plans to apply for a virtual asset service provider license, and has already connected with multiple local institutions to its network, including Banco Genial and Braza Bank, to promote dollar transfers and stablecoin issuance.

GateNews2h ago

How Much Could 1,000 XRP Be Worth in 2026?

The question pops up in crypto discussions constantly: could 1,000 XRP tokens actually change someone’s financial situation by 2026? It sounds like a straightforward calculation, but the reality involves many moving pieces that extend far beyond simple multiplication. Right now,

CaptainAltcoin2h ago
Comment
0/400
No comments