XRP is gaining strength with purchases at the $2.00 level.

XRP Price Rises Above $2.00 Level

XRP price has bounced back from the $2.00 level, indicating strong institutional demand. This psychological support level is being closely monitored by investors.

Institutional Demand Strengthens

In particular, institutional demand for XRP Exchange-Traded Funds (ETFs) has surpassed $1 billion. This situation presents a significant positive signal even during a period of weak retail investor interest.

Critical Thresholds for Resistance Levels

For the continuation of the upward momentum, a breakout above the $2.11 level is required. This could help the market aim for higher resistance levels.