XRP Price Prediction: Will XRP Hit $2 Amid Critical Support Battle?

#XRP

• XRP is testing critical support at the lower Bollinger Band ($1.9476) while trading at $1.954
• Positive MACD momentum (0.0120) and strong ETF inflows ($22M) provide underlying strength
• The $2 target represents only a 2.35% move from current levels with technical support holding

XRP Price Prediction

XRP Technical Analysis: Critical Support Test Underway

XRP is currently trading at $1.954, testing the critical support level at the lower Bollinger Band of $1.9476. According to BTCC financial analyst Robert, 'The current price sitting just above the lower Bollinger Band suggests we're at a crucial technical juncture. With the 20-day moving average at $2.2379 providing resistance overhead, and the MACD showing positive momentum at 0.0120, we're seeing a classic battle between bulls and bears at this support level.'

Market Sentiment: XRP Faces Support Test Amid ETF Inflows

Market sentiment remains cautiously optimistic as XRP battles the critical $1.90 support level. BTCC financial analyst Robert notes, 'The rapid $22 million surge in Bitwise XRP ETF inflows during early trading provides underlying strength to the current technical setup. While sell-off pressure persists, the alignment with Bitcoin's movement and strong ETF demand creates a foundation for potential upward movement, consistent with our technical analysis showing support holding above the lower Bollinger Band.'

Factors Influencing XRP's Price

XRP Tests Critical Support as Market Awaits Bitcoin Alignment

XRP hovers near a decisive $1.65 support level after failing to hold its 0.5 Fibonacci retracement. The token shows vulnerability across exchanges, with Coinbase recording a breakdown below $1.84 and Binance mirroring the pattern near $1.88.

Technical analysts anticipate a fleeting rebound toward the $2.00–$2.09 range before resuming its downward trajectory. The 0.618 Fibonacci support at $1.65 emerges as a likely bottom, coinciding with Bitcoin's anticipated stabilization near $80K.

Market structure remains bearish, with XRP trading below all key exponential moving averages. The current correction aligns with broader crypto market movements, suggesting synchronized bottoms before potential altcoin rallies in Bitcoin's projected Wave 5 uptrend.

XRP Battles Critical $1.90 Support Amid ETF Inflows and Sell-Off Pressure

XRP's price hovers near $1.946, marking an 8.16% decline over 24 hours with $9.6 billion in trading volume. The asset now tests the pivotal $1.90 level—a historical accumulation zone tied to its 2017 all-time high and 2021 swing peak. Market analyst ChartNerd emphasizes this as a "lifeline" for XRP, noting monthly closes above $1.90 have reinforced long-term holder conviction.

Volatility surges as new U.S. ETF products clash with sell-side pressure. The retest of $1.90 could define XRP's trajectory for 2025, with analysts warning of heightened significance. Despite the 9% monthly drop, trading activity suggests institutional interest persists at this psychological support level.

Bitwise XRP ETF Sees Rapid $22M Surge in Early Trading

Bitwise's XRP ETF debuted with remarkable momentum, recording $22 million in trading volume within hours of its NYSE Arca listing. The figure surpassed typical first-day activity for such products, signaling strong institutional interest. Bloomberg's James Seyffart noted the volume milestone was achieved with three hours remaining in the session—a rare feat for an ETF launch.

The performance follows Canary Capital's record-breaking XRPC ETF debut last week, intensifying competition in the crypto ETF space. Bitwise, which manages $15 billion in assets, now faces growing scrutiny over its XRP ticker designation as additional issuers prepare similar products.

Market observers highlight the back-to-back success of XRP-focused ETFs as evidence of maturing demand for altcoin investment vehicles. The launches coincide with renewed regulatory clarity surrounding XRP's status after its landmark legal victory earlier this year.

Will XRP Price Hit 2?

Based on current technical indicators and market sentiment, XRP has a strong possibility of reaching $2 in the near term. The current price of $1.954 sits just 2.35% below the $2 target, with several supportive factors in play.

BTCC financial analyst Robert states, 'The combination of strong ETF inflows, holding above critical support, and positive MACD momentum suggests XRP could challenge the $2 level in the coming sessions. However, traders should watch for a clean break above the 20-day moving average at $2.2379 for confirmation of sustained upward movement.'

Given the current setup and only requiring a 2.35% move from current levels, the probability of XRP reaching $2 appears favorable, though market conditions and Bitcoin alignment remain key factors.