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XRP Faces Critical $1.78 Support and $2.00 Resistance Battle
⬤ XRP is hovering around some seriously important price levels right now. Fresh on-chain data shows exactly where the action’s been happening. According to recent URPD (UTXO Realized Price Distribution) analysis, $1.78 is shaping up as solid support, while $1.97 and $2.00 are acting as resistance walls. These aren’t random numbers—they’re zones where huge amounts of XRP last moved around, and that tends to matter when price comes back to visit.
⬤ The URPD chart from Glassnode tells an interesting story. Those horizontal bars you see represent how much XRP is sitting at different price points. The biggest bars? They’re stacked around $1.97 and $2.00. Translation: tons of people bought XRP in that range. When price climbs back up there, expect some sellers to show up—people often cash out when they’re back at breakeven or small profit. That’s exactly why this $1.97-$2.00 zone is giving bulls a hard time.
⬤ Looking at the downside, $1.78 is where things get interesting. There’s a fat stack of XRP supply clustered around that price, showing strong historical buying interest. If XRP dips toward $1.78, expect buyers to step in—either folks defending their original entry point or traders watching the same data. Between $1.78 and $1.97, the chart gets thinner, meaning less trading history and potentially faster price swings once it starts moving through that zone.
⬤ XRP historically reacts pretty sharply when it hits these heavily-traded price areas. Right now, it’s caught between well-defined support below and resistance above. Traders are watching closely to see which side breaks first—that’ll likely set the tone for the next move.