XRP Update: Market Analyst Highlights Major Support Zones at $2 and $1.20
- $2 is XRP’s most important support zone, per analyst Ali.
- $1.20 is the next major support if $2 fails.
- Price action shows a macro pullback, not a structural breakdown.
XRP is again in the spotlight, as market analyst Ali (@ali_charts) has pinpointed two pivotal support areas, which could define the asset’s price action going into the next market cycle. Though volatility continues to be the name of the game for most major altcoins, these levels provide some clarity for traders on the extent of downside risk and possible accumulation opportunities.
$2 Emerges as the Key Support to Hold
The latest analysis by Ali identifies the $2 level as the most important support zone for XRP. This area has been a strong defense in the corrective phases of the asset, presenting a clear entry point for buyers and averting deeper breakdowns in the markets.
Ali’s chart highlights that the XRP is, at the moment, close to this level after a multi-month downtrend. Chances are that bulls will once again try to defend this region.
Also Read: XRP Bulls Eye $5.85 Following Strong Momentum and Institutional Interest
Below $2, the Next Major Support Lies at $1.20
Should XRP fail to hold above $2, Ali identifies $1.20 as the next major support level. That zone represents a high-volume, high-interest range where long-term holders previously accumulated XRP.
A drop towards $1.20 would signal a deeper correction but also present what some analysts call a “generational entry”, as noted in the replies to Ali’s post, especially if the broader market conditions stabilize.
Market Outlook: Tracking Trend, Resistance, and Support Levels
XRP currently has a market capitalization of approximately $131.11 billion, with a trading volume of about $4.23 billion in the last 24 hours. At press time, the altcoin is trading at $2.17, having increased by 1.15% over the past 24 hours.
The price is moving in a bullish trend and is currently testing a resistance level near $2.1556. If it breaks above this, the next target could be $2.5000. On the downside, the support level is around $2.0361. If the altcoin falls below this level, we might see a drop towards $1.5000.
The blue line indicates the resistance level at $2.1556, while the yellow line represents the support level at $2.0361.
Price Structure Indicates a Macro Pullback
The chart shared in the post showcases: A clear multi-month decline from local highs. A retest of lower trendline zones. XRP approaching levels not seen since earlier in the year.
The pattern indicates a controlled macro pullback, not a collapse, aligning with common behavior in pre-breakout or consolidation phases in large-cap altcoins. While sentiment across the crypto market remains cautious, analysts argue that XRP’s current retracement is healthy and expected.
Also Read: Will XRP Outperform November’s Gains in December 2025?
