#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 threshold) and $2.26, the main resistance area that halted the bulls' breakout at the end of last month.

Over the past 10 days, XRP has been nearly unable to break out and escape this price range. On May 6, the bears attempted to pull the price below the $2 mark but failed. XRP has remained above the support area and gradually bounced back, creating a sustainable recovery momentum up to this point.

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.