XRP Price Faces $2 Resistance; Breakout Could Signal Larger Rally
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Resistance Analysis: XRP's price has faced repeated rejection at the $2 level since 2017, indicating strong selling pressure in this area; a breakout above this resistance could signal the exhaustion of long-term supply, potentially leading to significant price gains.
- Technical Forecast: Technical analysis suggests that if XRP can consistently close above $2, it may trigger a strong upward movement, indicating that the market has absorbed selling pressure in this region, leading to reduced supply and potentially surging demand.
- Market Reaction: Each attempt to break above $2 has failed, but as the price builds under resistance, analysts predict that an impending breakout could lead to a repricing of the asset, resulting in substantial price increases.
- Investor Strategy: Investors should closely monitor XRP's performance at the $2 level, as a successful breakout could prompt a market reassessment, yielding higher investment returns, making it crucial to observe this key point closely.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







