After a turbulent week where XRP’s value plummeted from $2.30 to around $1.80, it has now reclaimed the $2.00 mark, marking a significant rebound for the cryptocurrency. Analysts are observing the key support and resistance levels closely as this performance signals potential future movements.

Should Ripple’s token continue to rally, the focus will shift to a major resistance zone at $2.6. However, XRP must first decisively cross the current sell wall placed between $2.00 and $2.10 before reaching higher levels.

Analyst CRYPTOWZRD notes that to reverse the current sentiment, a solid closure above the present trading range is essential. They also caution that failure to regain the $2.08 threshold might lead to further declines.

If losses continue, the first support might rest around $1.75, where 1.8 billion tokens were accumulated, indicating this could be a crucial defense point. Ali Martinez states, “1.80 billion $XRP were previously acquired around $1.75, making it a key support area.” [Translated: 1.80 billion $XRP were previously acquired around $1.75, making it a key support area.]

Meanwhile, Crypto Tony presents a more pessimistic outlook, hinting at a potential price correction for XRP, with a worst-case scenario suggesting a downtrend through the support point identified by Martinez, potentially reaching as low as $1.50.

Only a bounce back from these lower levels could pave the way for a recovery towards $2.00. Currently, XRP remains in positive territory, having risen 6.4% to about $2.04 for the day, though it shows weekly and monthly declines of 10.2% and 16.5% respectively. Furthermore, it is down over 45% from its highest point recorded in July 2025.