XRP Struggles Near $2.08 as BullsEye Break Above Key Resistance Zone

XRP retests the $1.90-$2.08 area and the nearest breakout range is at $2.08.

Resistance at the 2.30-2.33 can be decisive; rejection here will cause another consolidation period.

If support at $1.77 breaks, downside risk extends sharply toward the $1.47 zone.

XRP has returned to a crucial price region following a successful retest of the highlighted box zone. At the moment, the price is at 2.07, which represents a 3.2% decrease over the last 24 hours. The asset is currently positioned above the $2.03 support site which was earlier on recognized as a pivotal region, despite this fall.

Source:(X)

The chart pattern on the 12-hour time frame shows XRP navigating within a descending channel, bordered by long-term yellow trend lines. The next phase of market action now hinges on whether XRP can establish a firm position above $2.08.

$2.08 Emerges as Crucial Level for XRP’s Next Move

The $2.08 level marks a key point in determining near-term market structure. XRP has already completed a successful retest of the support box, which stretches slightly below the current price region. Notably, any consistent candle closures above $2.08—especially on the 12-hour and daily timeframes—may suggest bullish strength. But, before that happens, we may see the market head back into a range or add to support areas.

Failure by XRP to sustain gains above $2.08 may initiate another decline towards the lower limit of the box, where the price will be approximately $1.90. The presence of high-volume activity in this range suggests prior market interest, which may act as short-term support again. Moreover, the price remains just below the channel’s midline, adding further weight to the need for a clean break higher.

XRP Trades Below Key Resistance Cluster in Tight Range

XRP continues to trade within a clearly defined horizontal band, with immediate resistance now seen at $2.14. Beyond that, a tighter resistance cluster lies between $2.30 and $2.33. This narrow range has previously capped bullish attempts and could serve as the next challenge if the $2.08 level is cleared

Breakouts above $2.30 would place price action near the top boundary of the current descending channel. From there, a move toward $2.65 could follow—but only if momentum and volume sustain the upward pressure.

Support Line Holds the Key to XRP’s Structural Integrity

While the current focus is on upward breakout levels, downside risk also remains notable. A clear message on the chart shows a support line near $1.77. If this line breaks, the next structural level is $1.47, marking the channel’s lower boundary

The phrase "Lose This Support Line, We're Fooked" reflects the gravity of this zone in maintaining long-term bullish structure. Market participants will likely watch closely for price behavior around $2.08 before positioning further. Until then, both resistance and support remain active and in play.

The post XRP Struggles Near $2.08 as BullsEye Break Above Key Resistance Zone appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.