Usman Salis
⬤ XRP is knocking on a major resistance door right now, hovering just below the $1.95 mark after pulling back from higher ground. The token's been stuck in a downward channel since peaking near $2.40, but something's changing. Buyers keep showing up at these levels, and sellers haven't been able to force things lower like they used to.
⬤ The price chart tells an interesting story—XRP keeps making higher lows while testing that same $1.95 to $2.00 ceiling over and over. It's like watching a spring get compressed tighter and tighter. The fact that sellers can't shove it back down to the lower support zone suggests the balance of power might be shifting. Volume's picking up on the upward pushes too, which backs up what the price action is showing.
⬤ if XRP punches through this selling wall, there's not much standing between it and the $2.30 zone where previous supply kicked in. But we're not there yet—this is still transition territory until we see a clean break. On the flip side, getting rejected here could mean more sideways grinding inside the broader range. The next few sessions around this $1.95 resistance will likely set the tone for where XRP heads next.
Usman Salis
