XRP investors are focusing on crucial price levels this week. Bitcoin managed to recover over $100,000 and Ethereum exceeded $2,300. XRP also recorded modest growth, but still hovered at the lower part of the $2 price range. From the chart of market observers named after “The Guy on Earth”, XRP stayed at $2 on the sustained horizontal trend line.
Historical Price Roller Coaster
As early as March 2017, XRP prices rose, from $0.0055 to $3.80. It has been difficult to drop after reaching this all-time high in January 2018. XRP initially lost $2 on December 30, 2017. By January 13, 2018, two weeks later, it was down again. Initial tests showed that the $2 level was more resistant than support from new buyers.
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Failed to rest after rally
XRP is trying to break through that level again in April 2021. It peaked at $1.96, but it couldn’t make any further progress. From January 2018 to December 2024, this $2 line has been the ceiling. Traders have looked at the cap price action for nearly seven years. Every time XRP hits that wall, it pours into the $1 area.
That’s just as clean.
This time it’s different.
This time it’s XRP. pic.twitter.com/9MK8QVUQVX
– Guy on Earth (@GuyonTheearth) May 9, 2025
Two recent breakthroughs
According to reports, XRP finally cleared the trend at the $2 trend line in December 2024, when the wider market grew. Since then, the coins have been on this line for nearly five months. That was the first in XRP history. While it’s not as fast as Bitcoin or Ethereum, it’s keeping that level longer than ever.
Analyst forecasts and warnings
According to “The Guy on Earth”, keeping the price above $2 will pave the way for higher prices. He had previously predicted that $3.30 had happened, and that had happened. His next goal is $5.30 and he advises traders to make a profit. For Altcoin, he said, “it’s different this time.”
Greater risks and prospects
Price trends are only half the story. Ripple’s legal battle with the SEC and Crypto’s regulatory update will solve the problem. On-chain metrics such as active accounts or large transfers will bring some perspective behind the $2 holding.
Traders should pay attention to the sudden peak of daily volume around this line. If XRP drops below $1.80 on the daily chart, some analysts will declare the setting invalid. However, for the time being, many people consider this extension name above $2 as the next behavior of XRP may be better than previous performances.
Featured images from Unsplash, charts for TradingView
