In a market often driven by speculation and sentiment, price levels can become more than mere numbers—they evolve into psychological strongholds. Such appears to be the case with XRP, as Rowen Exchange, a prominent voice in the crypto space, took to X to make a bold proclamation : “$2.00 is the floor for XRP.” Accompanied by the powerful Latin phrase Vox populi, Vox Dei—“The voice of the people is the voice of God”—the post was not merely commentary, but a confident assertion that a key price floor has been etched into XRP’s trading landscape. This declaration follows a pattern of repeated XRP price movements around the $2.00 mark . According to data shared by Rowen Exchange, the asset has touched the $2 threshold multiple times in recent weeks, only to rebound swiftly after each test. For seasoned traders and analysts alike, this recurring behavior suggests that the $2 level has become a critical support zone—an area where buying pressure is strong enough to counteract sell-offs and restore upward momentum. THE MARKET HAS SPOKEN $2.00 is the floor for XRP Vox populi. Vox Dei. pic.twitter.com/9eRQOyPu7Q — Rowen Exchange (@RowenExchange) April 3, 2025 $2.00 as Technical and Psychological Support In technical analysis, support levels are regions where price tends to halt a downward move due to a concentration of demand. When an asset like XRP consistently defends a specific level—in this case, $2.00—it not only builds a historical foundation of resilience but also attracts the attention of both retail and institutional traders who look for reliable entry points. But the $2.00 level carries weight beyond the charts. It’s a round number, psychologically significant in the minds of investors, and closely aligned with XRP’s broader market narrative. In past bull cycles, XRP struggled to maintain momentum above $2 . Now, the market seems to have flipped the script—what was once a ceiling has become a floor. The implications of this shift are substantial, as it suggests that market participants have recalibrated their expectations for XRP’s valuation. Institutional Attention and Exchange Confidence That this call came from Rowen Exchange adds further credibility. As an active exchange deeply immersed in real-time market flows, Rowen is well-positioned to identify and highlight meaningful structural trends. When an exchange publicly declares a floor, it’s not merely stating an opinion—it’s often reflecting internal order book activity, liquidity observations, and trading behaviors it has monitored closely. This kind of market affirmation can have a self-reinforcing effect. Traders who were once hesitant at the $2 mark may now see it as a low-risk entry, increasing buying pressure around the level. Institutions, too, may begin to incorporate $2 into their trading models or accumulation strategies, especially if they interpret the price zone as having strong downside protection. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Broader Implications for XRP’s Trajectory The establishment of a clear and durable floor often precedes significant price discovery. If $2.00 continues to hold firm, it sets the stage for XRP to mount a renewed assault on higher levels of resistance—possibly those in the $3.50 to $5.00 range that traders have been eyeing since the asset’s previous cycle peaks. Technical analysts have also pointed to a potential Elliott Wave setup that places XRP on the verge of a powerful impulsive move, provided the current structure remains intact. Moreover, macro developments in the XRP ecosystem—such as growing utility in cross-border payments , integration of enterprise solutions, and ongoing regulatory clarity—are adding fuel to the bullish narrative. When fundamentals align with technical confirmation, the resulting momentum can be both swift and dramatic. Rowen Exchange’s assertion that “$2.00 is the floor for XRP” is more than a passing observation—it encapsulates a critical turning point in XRP’s market dynamics. As the asset continues to show strength around this level, investor confidence grows, laying the groundwork for a potential surge in both volume and price action. Whether you’re a long-term believer in XRP’s utility or a technical trader watching for your next opportunity, the message is clear: the market has spoken, and it has spoken with conviction. $2.00 is no longer just a checkpoint—it’s a launchpad. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Top Exchange Says $2.00 Is the Floor for XRP. Here’s the Significance appeared first on Times Tabloid .
