- XRP trades at $2.03, consolidating between support at $1.89 and resistance at $2.07 after a 9.1% weekly drop.
- The $2.07 resistance is the immediate barrier, while the next significant sell wall sits at $2.6.
- Stability above $1.89 may enable a structured recovery, with traders eyeing the path toward the $2.6 liquidity zone.
XRP continues to fluctuate inside a defined trading structure following a weekly loss of 9.1%, with the market attempting to stabilize after recent downward pressure. The asset trades at $2.03 at press time, sitting between support at $1.89 and resistance at $2.07, with price action rebounding from lower levels within the 24-hour range . The asset also trades at $0.00002358 BTC, reflecting a 3.3% move relative to Bitcoin.
Although price remains below last week’s levels, the market has shown a recovery attempt as trading volume follows the rebound from local support. XRP now approaches zones where previous selling activity increased, which sets a defined roadmap for traders assessing the next movement.
Market Conditions After Recent Weekly Decline
The 9.1% weekly drop pushed XRP into its current consolidation channel, where the market tested the $1.89 support. That level held during the decline and created a visible reaction, with buyers stepping in around the lower region. However, price still sits below $2.07, which forms the nearest resistance and continues to restrict short-term upside progress.
The 24-hour movement reflects attempts to build momentum after the earlier decline, although the price has not yet cleared the immediate ceiling. This condition leads into the next technical milestone the market has started tracking as price returns toward previous selling levels.
Resistance Targets and Sell Zone Structure
The chart outlines $2.07 as the first barrier before price can continue higher toward the heavier liquidity area. Notably, the next major sell wall appears at $2.6, where historical activity showed stronger supply reactions. That level represents the nearest upper supply block and currently forms the primary upside target once the market clears the immediate resistance.
Observing the progression from $2.03 toward $2.07 establishes a structured advance, and the market reaction at the first barrier will determine whether price can move toward the broader liquidity area.
Market Outlook Based on Established Levels
If the market maintains stability above $1.89, price conditions remain structured between known support and resistance. The slow push toward $2.07 suggests traders continue watching whether XRP can approach the higher liquidity region near $2.6.
