XRP Keeps Pushing as $2.04 Becomes the Battleground

⚡ KEY TAKEAWAYS

XRP is holding firm above support and consolidating rather than giving back gains.
The $2.04 level is the key battleground for the next move.
A breakout could trigger renewed bullish momentum.

XRP continues to show notable resilience as price holds above key support levels, with technical structure favoring the bulls. After a sharp recovery from recent lows, XRP has transitioned into a steady consolidation phase, refusing to give back gains despite broader market hesitation.

Specifically, XRP is displaying repeated wave-5 extensions on each push higher, a technical signal often associated with underlying strength rather than exhaustion, judging by the analysis by popular cryptocurrency trading expert CryptoTony shared in an X post on December 12.

$XRP / $USD – Update

Why yes, XRP does look bullish. We are holding well. And getting multiple wave 5s on every push, which is a sign of strength. Bulls clear $2.04 and it is show time. pic.twitter.com/kncOvVMR8S
— Crypto Tony (@CryptoTony__) December 12, 2025

As it happens, instead of fading after rallies, the price keeps stabilizing above prior breakout zones, suggesting buyers remain firmly in control. In other words, the market now appears to be compressing energy rather than distributing it.

Why $2.04 is the Line That Matters

From a technical perspective, the $2.04 level has emerged as the critical inflection point. XRP is currently holding just beneath this resistance, forming a higher-low structure that supports continuation rather than rejection.

If bulls manage a clean break and hold above $2.04, momentum traders are likely to step in aggressively, potentially opening the door to a sharp expansion move. Until then, the ongoing ability to defend support keeps the bullish thesis intact.

At the moment, XRP is changing hands at the price of $2.02, recording a 1.13% gain in the last 24 hours, having declined 2.49% across the previous seven days, and accumulating a loss of 15.83% on its monthly chart, according to the most recent information.

*XRP 24-hour price chart. Source:* *CoinMarketCap*

As CryptoTony summed it up, XRP is holding well, strength is evident, and once resistance gives way, then “it’s show time.” For now, XRP remains in a constructive posture, with structure favoring patience rather than panic and with bulls clearly not done yet.