XRP is narrowly holding the $2 level, and after a surge in Trading Volume, the trend has fallen into a range-bound movement.

SerumDegen

2025-12-02 05:20:16

[Coin World] XRP has just experienced a thrilling wave of price movements.

The price once fell below the psychological barrier of 2 dollars, leading to a surge in sell orders. The trading volume skyrocketed to 149.1 million coins, more than double the usual daily volume. However, it quickly climbed back to around 2.02 dollars and stabilized, indicating that the buying pressure at this level is indeed strong.

The current trend is a bit subtle: if it can break through the barrier of $2.05, the bulls may continue to push towards $2.12; but if $2 really can't hold, the next stop could be $1.95. In the next few days, we need to keep a close eye on these key levels.

XRP-2.18%

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GateUser-23c20db1

· 2h ago

your head is getting bald.... lol

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MagicBean

· 2h ago

Both plummet and pump, this operation is really dazzling to me haha --- The Trading Volume has indeed surged, but this Rebound is too fast, it feels like someone is catching a falling knife --- The key position at 2 yuan is being held firmly, the long positions still have a chance --- If we can't break 2.05, we might have to wait for the next opportunity --- Once lost and then regained, this rhythm is truly exciting, my heart can't take it --- 1.95 is really the bottom line, it's still early --- I just want to know who will lead next, the long positions or the short positions --- The Trading Volume doubled, and this rise? It feels like the heat is not enough

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ChainMelonWatcher

· 2h ago

The trading volume this time is really outrageous, it feels like large investors are whipsawing. Another false alarm, the 2 dollar hurdle is still holding. 149.1 million coins? How much money would it take to dump that, is someone accumulating? If it can't break 2.05, it will be very painful, it feels like these days will be very torturous. After the surge in trading volume, if it can still hold above, it shows that indeed someone is catching a falling knife, which is a good sign. Is there already a bottom below 2 dollars, or will it continue to test? As long as there is no bearish belt hold, there is still hope, looking forward to the upcoming rebound.

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MEVictim

· 2h ago

This 2 yuan hurdle is really range-bound, it makes my scalp tingle.

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SandwichTrader

· 2h ago

The trading volume is really outrageous, it almost scared me into thinking it would plummet... However, the 2 dollar mark held firm, indicating that there are still people catching a falling knife.

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