#CryptoComeback Since bouncing back to the important $2 mark in mid-April, Ripple's cross-border payment token has been stuck in a price range between $2 (acting as a psychological support level) and $2.26, the main resistance zone that halted the bulls' breakout momentum at the end of last month.

Over the past 10 days, XRP has struggled to break through and escape this price range. On May 6, the bears attempted to pull the price below the $2 mark but failed. XRP has remained strong above the support level and has gradually bounced back, showing a sustainable recovery trend up to the present time.

This morning, XRP unexpectedly surged to an 11-day high at $2.33 before facing selling pressure and slightly retreating to the $2.3 price range, but more importantly, the price has maintained above the strong resistance level of $2.26. According to data from Bitcoin Magazine, as of the time of writing, this coin has increased nearly 2% in the past 24 hours and is currently trading around $2.34.