XRP Price Analysis: Token Holds Above $2.15 as $2.00 Retest Risk Emerges

⬤ XRP is currently holding within its established accumulation range, trading near $2.15 as it tests the lower boundary of a consolidation structure that's been in place since early 2025. The critical level to watch is $2.20 – if the token closes below this threshold in the days ahead, it could open the door to a decline toward the $2.00 region. With several days left in the current candle, XRP is navigating the lower edge of the zone that has contained price action for months.

⬤ The token has been moving sideways in a broad accumulation area between roughly $2.00 and $3.00 following a sharp rally earlier this year. This consolidation zone has defined XRP's trading pattern through repeated swings, including strong rejections near the upper boundary and multiple bounces from the lower support. The structure remains intact as long as price stays within this corridor, though the recent push toward the lower band shows mounting pressure. The chart clearly illustrates how consistently XRP has respected this range over the past several months.

⬤ A close below $2.20 would significantly increase the odds of a retest of $2.00 support. Right now, XRP is sitting just above the bottom of the accumulation structure, with previous candles showing long wicks below the lower boundary – evidence of earlier failed breakdown attempts. With more than six days remaining before the current candle closes, there's still time for the token to either stabilize within the zone or extend its decline toward the lower support area.

⬤ The strength of this accumulation structure matters because it often shapes broader market expectations about what comes next. If XRP holds the range, it could signal consolidation before a bigger directional move. But if the structure breaks down, it may shift market sentiment and change how traders interpret upcoming price action. How XRP behaves around the $2.20 level will be crucial in determining the next phase of this multi-month pattern as the token continues operating within a well-defined technical framework.