XRP Bounces From $2.00-$2.20 Support Zone After Extended Decline

⬤ XRP is showing a solid bounce from its critical demand zone after dropping back to the $2.00-$2.20 support range. The asset is now trading around $2.17, trying to find its footing after weeks of downward pressure. This price level has acted as a reliable floor throughout 2025, and buyers are stepping in once again to defend it.

⬤ The recent price action tells an interesting story. After sliding down from mid-year highs, $XRP finally hit this green zone that traders have been watching closely. Once it touched this area, the selling pressure eased up and buyers returned to the market. The price has been bouncing between $2.10 and $2.30 lately, proving that this support band still matters to market participants who’ve seen it work multiple times before.

“$XRP is bouncing from this key level, which has served as an important technical floor throughout 2025.”

⬤ What makes this support zone particularly notable is its track record. XRP has repeatedly used this area as a launching pad after significant pullbacks, creating a pattern that experienced traders recognize. The current consolidation shows that despite ongoing volatility, the market still respects this level as a meaningful structural boundary that influences where XRP heads next.

⬤ Why does this matter right now? When an asset holds firm at major support, it often helps calm nervous investors and prevents panic selling. If XRP can stay above this $2.00-$2.20 zone, it might set the stage for more stable trading conditions ahead. But if it breaks below, that would be a red flag suggesting the market structure has shifted, making this rebound a critical moment worth monitoring.

My Take: This support level has proven itself time and again throughout the year, so seeing XRP react here isn’t surprising. The real test comes in the next few sessions whether buyers have enough strength to push higher or if we’re just seeing a temporary pause.

Source: STEPH IS CRYPTO