The native token of Ripple, XRP, is trading at a price level of $2.15 and attracts little or no bullish sentiment. The price is kept at a distance for almost a month as the stagnation period is not over yet. After hitting a high of $3.31 this January, major Altcoin has moved backrest only on the charts.
But despite all the odds, XRP is just below $2 once this April, as Trump announced tariffs in 185 countries. Major altcoins quickly surpassed $2 as the market recovered due to a 90-day suspension of tariffs. Development shows that Ripple’s native tokens can find critical support as the global market is coming out of a period of uncertainty.
XRP may never fall below $2 again
XRP has been consolidated between $1.90 and $2.20 this year, maintaining its stance for nearly 200 days. TradingView analysts point out that Altcoin is similar to 2017. The token will quickly fall below the $2 level and will be ready to match the price spike.
Ripple’s XRP could gain momentum at this rate and revisit the resistance levels of $2.30 and $2.45. The price action setup replicated the success of 2017, moving from $0.006 to $2.21 in 10 months. If Altcoin can break resistance levels and exceed $2.45 and $2.5, the chances of XRP falling below $2 remain slim.
It is best to accumulate altcoins at these lower ranges and hold them until the resistance level is damaged. You could also face similar gatherings between the end of 2024 and the start of 2025. Altcoin went from $0.50 to $3.31 in under two months as prices found a breakthrough.
