- The 0.3% weekly gain saw XRP rise to $2.05, kept in range between $2.02 support level and $2.21 resistance.
- The buy wall of many years at around $2.0 still responded, when price reverted to the downward end of the range.
- The BTC pair was up 1.7 that adds more sense to the subdued action in the tight price structure.
XRP entered into a reduced form this week with the price action narrowing down to a significant support point that has been holding since early $2.0 area. The token was trading at $2.05, but it was recording a 0.3 percent improvement over the past seven days that continued to focus on the way buyers were positioned towards the lower side of the current range. The market plunged into support after a wider retreat of the momentum leading to the 2.21 resistance zone which had limited various efforts to increase momentum at the start of the week.
This interaction shaped a setup where traders monitored immediate reactions to gauge short-term direction. Additionally, the BTC pair posted a 1.7% move, which aligned with the cautious tone seen across the recent sessions. These developments formed a backdrop that highlighted the importance of tracking each shift within the narrow band.
Support Zone Holds as Price Revisits Lower Range
XRP approached the $2.02 support level, which remained a critical reference point during the sell-off. The zone absorbed earlier declines, and it shaped the current structure as buyers reacted near this threshold. However, trading stayed closely confined within the 24-hour range, which kept the movement contained.
This pattern encouraged market participants to observe how the token behaved near the lower boundary. Notably, the long-standing buy wall near the $2 region remained visible on the chart, and it contributed to ongoing interest in this area. This context helped define the next segment of analysis as attention shifted toward resistance dynamics.
Resistance Near $2.21 Restricts Upside Attempts
The $2.21 resistance zone maintained pressure throughout the week. Price approached this region several times, however each attempt stalled before gaining traction. This action limited expansion and kept the structure aligned with the tighter formation seen across the chart. Short bursts of volume appeared, but they did not alter the broader setup. As a result, the range between support and resistance shaped the current environment. This created a direct link to how market activity may change if conditions shift.
Market Tracks Compressed Structure for Near-Term Movement
The current compression guided sentiment as traders monitored whether volume could alter the tight pattern. The 0.3% weekly increase displayed steady positioning, yet the narrow range maintained cautious flow. Additionally, the BTC pair’s movement added context to the restrained activity. These elements now frame the structure that analysts observe as XRP moves within the defined levels.
