XRP stays pinned near $2.05 as the range tightens into a make-or-break zone

Source: CryptoNewsNet Original Title: XRP stays pinned near $2.05 as the range tightens into a make-or-break zone Original Link: XRP eased to $2.05 as traders kept selling into rallies near $2.08 while bids continued to show up around $2.04, extending a tightening range that looks close to a resolution point.

News background

• XRP’s latest move came as majors stayed choppy and traders largely kept risk contained rather than chasing directional breakouts.
• That backdrop has left XRP trading more like a “levels” market than a momentum market, with price repeatedly rotating between well-defined support and supply.

Technical analysis

XRP slipped about 0.7% to $2.0475 over the last 24 hours, with price action repeatedly leaning on the $2.04 support area while upside attempts stalled near $2.08. A notable volume burst around 00:00 saw roughly 110.6 million tokens trade (about 87% above the 24-hour average), but the spike coincided with rejection rather than continuation — suggesting liquidity was met by offers overhead.

Structurally, the tape still reads as compression: sellers have defended rallies, but the market has also avoided a clean breakdown below $2.04. That “lower highs into flat support” profile typically forces a decision once the range gets tight enough, especially if volume begins to expand on the next attempt.