XRP price is consolidating above the key support level of 2 USD, with the current trading price at 2.05 USD. Technical indicators and on-chain data both indicate a bullish outlook. The 1.80 USD to 2.00 USD zone constitutes a demand area, with resistance between 2.30 USD and 2.70 USD. On-chain metrics show that top wallet balances remain stable, exchange reserves have decreased, indicating market accumulation and long-term holding confidence rather than selling pressure. If it breaks through 2.30 USD, the target price could be 2.70 USD; whereas, if it falls below 2 USD, the current pattern may weaken.
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XRP price is consolidating above the key support level of 2 USD, with the current trading price at 2.05 USD. Technical indicators and on-chain data both indicate a bullish outlook. The 1.80 USD to 2.00 USD zone constitutes a demand area, with resistance between 2.30 USD and 2.70 USD. On-chain metrics show that top wallet balances remain stable, exchange reserves have decreased, indicating market accumulation and long-term holding confidence rather than selling pressure. If it breaks through 2.30 USD, the target price could be 2.70 USD; whereas, if it falls below 2 USD, the current pattern may weaken.