$XRP Consolidates Above Key Psychological Level

$XRP maintains position above the $2.0 mark following a modest 1% gain over 24 hours. This level has historically acted as both support and resistance, making current price behavior significant for market structure.

The focus now shifts to $2.5 resistance—a zone where previous upward momentum lost steam. Sustained defense of $2.0 suggests underlying bid liquidity, but breaking through $2.1 requires volume confirmation and improved order book depth.

Traders monitoring this setup should watch for absorption patterns near current levels and liquidity distribution around resistance zones.

What's your read on XRP's current structure—accumulation or distribution phase?

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