XRP Price Holds Strong at $2.09, Facing Resistance Challenge

The XRP price has encountered a tight trading range between support at $2.09 and resistance at $2.17, with the current price point hovering around $2.14. Recent market movements show consistent attempts to break through this descending resistance line, but buyers have yet to achieve dominance as traders remain cautious. 4 times during the period from late January to April 2025, XRP faced repeated rejection points along its descending resistance line, leading to a strengthened technical barrier at the key resistance level. The current market data reveals that XRP has seen a modest 2.3% increase in value over the past 24 hours and continues to show significant momentum shifts observed on the 3-day Heikin Ashi chart compared to Tether (USDT). The recent pattern suggests growing interest from potential buyers near this resistance level, but bulls have yet to overcome the dominant trend line. As of the latest update, XRP remains trading at $2.14 and shows a slight positive price strength during the current market range, with its next move potentially triggered by a decisive break from this tight trading band.