XRP Price Prediction: Volume Soars But Selling Pressure Accumulates, $2.12 Becomes Strong Resistance Zone

XRP quickly pulled back after briefly touching the $2.12–$2.17 range, showing clear selling pressure. Despite institutional investors driving a nearly 38% surge in volume, the price failed to extend its rally and its overall performance lagged behind the crypto market, highlighting that the supply headwinds behind the rally have not been lifted.

XRP rose 0.50% to $2.0925 during Tuesday’s session, but weakened by the overall market performance. Notably, the trading volume surged by 37.94% year-on-year and saw a high turnover of 189.7 million tokens during the breakout attempt, which usually means that institutional funds are more inclined to use liquidity windows to reduce positions rather than add to them. This trend of “rising and falling” reflects a typical distribution pattern.

The technicals show that $2.12 has been confirmed as a strong resistance zone. Immediately after the breakthrough, coupled with the trend of not rising in volume, it indicates that the upper supply is intensive. The current structure forms a wide range between $2.083 and $2.17, with liquidity redistributed between buyers and sellers; Although the higher lows from $2.083 provided some support, the momentum was not enough to push the price back above $2.12, with an overall neutral bearish bias.

The day’s price action showed a typical high-selling pattern: XRP opened stronger, retraced to $2.083 to stabilize, and two rallies approached $2.17 but were met with strong selling, eventually closing in the $2.09–$2.10 range. $2.09 emerges as a key short-term support but lacks sustained buying impulse.

Short-term traders need to focus on whether the $2.09 support can hold, and if it falls, it could test $2.05 and $2.00. Conversely, to resume the upward structure, a regain of $2.12 and challenge the intensive selling pressure zone of $2.17 with strong volume support.

Overall, although institutional participation is high, they are more inclined to use volatility to obtain liquidity rather than building directional longs. If the crypto market continues to strengthen as a whole, XRP’s rise may still lag behind, waiting for the upper supply to digest and range convergence before the momentum is rebuilt. （CoinDesk）