The post XRP Price Breaks $2 – Here Are the Key Levels appeared on BitcoinEthereumNews.com.

Altcoins XRP has officially broken past the psychological $2 mark again. While the recent surge has brought optimism across the Ripple community, the road ahead is filled with both opportunity and caution. XRP’s rise back to $2 aligns with a broader crypto market rebound. With legal clarity from Ripple’s ongoing regulatory saga reportedly nearing, investor sentiment could be shifting in anticipation of bullish news. As of writing: Price: $2.00 Market Cap: $116.96B (↑ 9.85%) 24h Volume: $7.61B (↑ 2.91%) Circulating Supply: 58.27B XRP Total Supply: 99.98B XRP FDV: $200.7B Volume/Market Cap Ratio (24h): 6.5% Despite a 1.60% pullback over the past 7 days, the overall market sentiment remains bullish as XRP successfully reclaimed the $2 level following a sharp dip earlier in the week. Recent Price Action XRP peaked above $2.03 on April 6 before entering a volatile correction phase that saw prices dip as low as $1.67 on April 8. However, bulls quickly re-entered the market, pushing the token back to the $2 threshold by April 10. This “V-shaped” recovery pattern indicates strong buying pressure at lower levels — a potential sign of institutional accumulation or renewed investor confidence amid broader market recovery. Key Support and Resistance Levels Support Zones $1.90 – $1.95: This is the first strong support range, tested multiple times during the April 8–9 dip. $1.70 – $1.75: A critical demand zone that acted as the absolute bottom in this week’s pullback. $1.50 (long-term): If macro pressure mounts, this zone could serve as a strong long-term floor. Resistance Levels $2.05 – $2.10: Short-term resistance, which capped the April 6 rally. $2.25: A breakout target if $2.10 is breached — previously a sticking point during the last bull cycle. $2.50 and beyond: A psychological barrier that could turn into a momentum zone if XRP gathers steam. Conclusion…

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Filed under: News - @ April 10, 2025 10:28 am