XRP Back At The Edge: Will Breaking $2 Barrier Rewrite Its History?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP kicked off January with a massive break above $2 and a rally towards $2.4. However, since then, the cryptocurrency has struggled to keep up bullish momentum. Now, attention has turned to a familiar and stubborn technical level, one that has shaped XRP’s history as resistance and support over many years. In a recent post on X, crypto analyst Steph highlighted this level and its significance as a vantage point that correlates with the cryptocurrency’s latest price outlook. Related Reading Crypto Market Watches As Clarity Act Enters Senate Debate Next Week: US Senator 3 days ago A Resistance Zone Etched In History Technical analysis of XRP’s price action on the 12-month candlestick timeframe focuses on a price region that has haunted the cryptocurrency since 2017. According to crypto analyst Steph, every major cycle rally has stalled around $2, and this makes it a defining long-term resistance area for the cryptocurrency. This pattern is meaningful and not at a random price target. When price consolidates beneath a barrier for years, the pressure that builds can cause a powerful upside move once the barrier finally gives way. According to Steph, a clean, consecutive close above $2 on a yearly timeframe would mean that long-term supply has been exhausted and could open the door to a much larger repricing for XRP. This perspective aligns with recent chart behavior. XRP climbed above $2.40 very briefly in early January, but it could not sustain the breakout, retreating toward the mid-$2 area after sellers re-entered the market. Current price readings show the cryptocurrency trading around the high $2 region at $2.09. XRP 12-Month Price Chart. Source: @Steph_iscrypto On X What A Breakout Could Mean For The Next Chapter The challenge for XRP is not whether it can trade above $2, because it already has. The token spent much of the first half of 2025 above this level, and this eventually carried the price to an all-time high at $3.65. XRPUSD now trading at $2.09. Chart: TradingView The issue is that XRP has consistently gravitated back toward the $2 zone over time, turning it into a recurring pivot base for support and resistance. This behavior has caused several breakout attempts to appear as little more than long upper wicks on the 12-month candlestick timeframe, followed by mean reversion. What matters now is not a brief push through the level, but whether XRP can break above $2 and hold it with a meaningful close on higher timeframes. A sustained close  above $2 would mean that supply at this level is finally being absorbed. That outcome would be an important milestone in XRP’s long-term structure. However, before that can happen, XRP’s price action still needs to establish strength on mid-timeframes. The important thing will be whether $2 can change from resistance to support in the weeks and months ahead. Related Reading Bitcoin’s Next Peak Might Ignite ADA’s Rally, Says Cardano Creator 1 day ago If it breaks above $2 convincingly, then it can create another base at a higher price level. In Steph’s projection, such a structural change could open XRP for an extended move, with upside targets stretching as high as $30. Featured image from Unsplash, chart from TradingView