BTCC / BTCC Square / 99bitcoinsEN /
XRP Price at a Crossroads: Analysts Warn of Sub-$2 Drop—But Here’s Why It Could Defy Expectations

XRP Price at a Crossroads: Analysts Warn of Sub-$2 Drop—But Here’s Why It Could Defy Expectations

Published:
2025-06-03 11:26:48
7
2

Ripple’s XRP faces a make-or-break moment as market watchers predict a plunge below $2. Technical indicators flash warning signs—liquidity drying up, whale wallets shifting, and that pesky SEC lawsuit still looming like a bad hangover.

Yet crypto’s favorite courtroom drama token has a habit of laughing in the face of gravity. With Ripple’s ODL corridors swallowing up more XRP daily and a potential stablecoin play in the works, this ’loser’s bet’ might just pull a rabbit from its hat.

Of course, in crypto-land, ’fundamentals’ just means whose Twitter thread goes viral first. Place your bets—the house always wins.

(XRPTUSDT)

XRP Crypto Slips with Bearish Indicators in Focus

XRP slid nearly 1% on Monday, trading at $2.1540 and drawing attention to its long-held $1.76 support. The technicals aren’t friendly—RSI is trending lower at 39, and the MACD is bleeding red below the neutral line.

A continued slide could force an 18% drop back to that key level.

Still, the $2 zone isn’t giving up easily. Weekend gains of $2.08 offered a brief bounce, reinforcing the idea that this range may be the line between panic and patience for XRP holders.

https://twitter.com/xatdabeach/status/1928667715184492893

Ripple’s ongoing legal battle with the SEC looms over XRP’s price action. A recent filing questioning interpretations of the Howey Test has added new dimensions to the case, amplifying concerns over regulatory clarity.

Meanwhile, Bitcoin’s continued consolidation has created a risk-off market sentiment, which is evident in the $28 million outflows from XRP investment products last week.

Could a Breakout Above $2.56 Be on the Horizon For XRP Crypto?

Despite bearish overtones, some analysts see a glimmer of hope for XRP bulls. A new wave count analysis combining  and  suggests an upcoming bullish breakout. According to ‘Charting Prodigy,’ a crypto analyst on X, XRP has completed its corrective Wave 2 and is entering a powerful sub-wave 3.

The key trigger level to watch is $2.56.

 the analyst explained.

Buy the fear bros

— Charting Prodigy (@PipSnipers) June 2, 2025

The bullish thesis is further strengthened by the emergence of Wyckoff accumulation structures and a bullish divergence forming on the MACD.

What to Watch for Next

XRP investors should carefully monitor the $2 and $1.7600 support levels for signs of capitulation or reversal.

A loss of these supports could lead to steep declines, while a convincing breakout above $2.56 could mark the beginning of a significant rally.

Key Takeaways

  • XRP crypto is stuck in a standoff that might see it fall to $2. The charts are flashing warnings while long-term holders dig in around key support zones.
  • XRP investors should carefully monitor the $2 and $1.7600 support levels for signs of capitulation or reversal.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users