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XRP Price Prediction: Ripple’s Turkey Expansion Fuels $2.50 Target – But $2.00 Must Fall First

XRP Price Prediction: Ripple’s Turkey Expansion Fuels $2.50 Target – But $2.00 Must Fall First

Author:
Cryptonews
Published:
2026-01-23 22:55:05
4
1

Ripple's strategic push into Turkey is lighting a fire under XRP's price ambitions—setting sights on a $2.50 target that's got the crypto crowd buzzing.

The $2.00 Hurdle: Why This Level Matters

Every rally needs a breakout moment. For XRP, that moment hinges on slicing through the psychological $2.00 barrier—a level that's turned from support to resistance more times than a traditional finance regulator changes its stance on crypto.

Anatolian Ambitions: Ripple's Turkish Gambit

Ripple isn't just dipping a toe; it's diving into Turkey's burgeoning digital economy. Partnerships with local payment providers and a focus on cross-border remittances—a market Turkey knows all too well—are providing fundamental fuel for the bullish case. It's a real-world use case push in a region hungry for efficient finance, a stark contrast to the vaporware promises clogging the crypto space.

Charting the Path to $2.50

The technical roadmap is clear, if not easy. A decisive, high-volume break above $2.00 opens the floodgates. From there, historical resistance zones become waypoints, not roadblocks. Momentum from the Turkey narrative could be the catalyst that turns those levels into dust. Of course, this assumes the broader market doesn't throw one of its signature tantrums—always a gamble when Wall Street's 'risk-on' mood swings like a pendulum.

The Verdict: Potential Meets Resistance

The ingredients for a major move are here: aggressive expansion, a clear technical target, and growing utility. But crypto markets have a PhD in humbling the overconfident. That $2.00 wall won't crack on hype alone. It'll take sustained buying pressure—the kind fueled by actual adoption, not just another influencer's tweet—to punch through. Watch that level. If it falls, $2.50 isn't just a dream; it's the next stop. Just remember, in this market, even the surest bets come with a side of volatility.

Ripple Wins Turkish Garanti BBVA Partnership

Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, announced the partnership extension on X (formerly Twitter), emphasizing the continuation of their existing relationship.

JUST IN:🇹🇷Ripple has renewed its custody partnership with Garanti BBVA Crypto, strengthening institutional access to XRP and expanding its footprint in Turkey. pic.twitter.com/GZcqPPev8m

— Crypto Briefing (@Crypto_Briefing) January 23, 2026

The collaboration ensures that Garanti BBVA’s retail customers maintain access to secure custody and transfer services for multiple cryptocurrencies, including XRP, Bitcoin, and Ethereum.

Garanti BBVA’s cryptocurrency journey began in late 2024 following a successful pilot program conducted with both Ripple and IBM.

The initial phase attracted approximately 14,000 early adopters.

This partnership was specifically designed to provide the bank with enterprise-grade key management infrastructure, enabling secure deployment and management of digital asset services.

Beyond the Turkish partnership, Ripple has secured another important regulatory milestone.

The company recently obtained a “Green Light Letter” from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), representing preliminary approval for an Electronic Money Institution (EMI) license.

While the regulator has completed its legal assessment, final authorization remains pending.

This development adds to Ripple’s extensive regulatory portfolio, which now includes overacross global jurisdictions.

XRP Price Prediction: XRP Forms Rare W-Pattern at $1.95 Support

The 4-hour XRP/USDT chart reveals several compelling technical patterns. Price action has been consolidating within a falling wedge formation, a pattern that frequently precedes bullish breakouts rather than continued downtrends.

The narrowing range between lower highs and lower lows suggests diminishing selling pressure as the asset approaches a critical decision point.

A notable W-pattern has formed NEAR the wedge’s lower boundary, with thedemonstrating robust support.

XRP Price Prediction - XRP Price Chart

Source: TradingView/Suryapro

This repeated defense of key levels indicates strong buying interest at these prices, establishing a potential launching pad for upward movement.

Currently trading around $1.95, XRP faces immediate resistance in the $1.98–$2.00 zone, which coincides with the wedge’s upper trendline.

A decisive 4-hour close above this critical area WOULD confirm both the falling wedge breakout and the W-pattern reversal signal.

If XRP successfully breaks through the $2.00 psychological barrier, analysts anticipate initial upside targets between $2.10 and $2.20.

Strong momentum could extend the rally, with some optimistic projections suggesting movement toward $2.50.

However, traders should remain cautious of potential downside scenarios.

A rejection at the $2.00 resistance level, followed by a breakdown below wedge support, could postpone the bullish thesis.

Such a development might result in renewed consolidation or a retest of the lower $1.80 range.

Beyond XRP: Bitcoin Hyper Raises $30M As First True BTC Layer 2

While XRP attracts attention for its potential breakout, investors are also watching bitcoin Hyper ($HYPER), a project creating the first authentic Layer 2 solution for Bitcoin using Solana-based technology.

The platform combines speed and scalability while maintaining Bitcoin’s security framework.

The Bitcoin Hyper presale has already raised over $30 million, demonstrating strong market interest.

Bitcoin Hyper Banner

The project’s Solana-powered LAYER 2 infrastructure enables developers to build Bitcoin-native decentralized applications, offering BTC holders new opportunities to utilize their assets through purpose-built on-chain tools.

As major wallets and exchanges prepare to integrate this scaling solution, demand for $HYPER is expected to increase rapidly.

The token is currently available during the presale phase at.

Interested investors can visit the official Bitcoin Hyper website and connect their preferred wallet (such as Best Wallet) to swap USDT or SOL for $HYPER, or purchase directly using a bank card before the next price increase.

Visit the Official Bitcoin Hyper Website Here

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