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XRP Price Prediction: Can the Digital Asset Reclaim $2 Amid Current Market Correction?

XRP Price Prediction: Can the Digital Asset Reclaim $2 Amid Current Market Correction?

Author:
XRP News
Published:
2026-02-05 03:03:46
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

#XRP

  • Technical Support Test: XRP is at a critical juncture, trading near the lower Bollinger Band ($1.4605). Holding this level is essential to prevent a deeper correction and establish a base for future upward movement.
  • Overhead Resistance Cluster: The path to $2 is blocked by significant resistance around $1.8076, where the 20-day Moving Average and Bollinger Band midline converge. A decisive break above this zone is a prerequisite for a rally.
  • Fundamental vs. Sentiment Duality: While expansion into on-chain derivatives (Hyperliquid integration) is a long-term positive, short-term market sentiment is dominated by the recent 17.5% slide and fears of support breaks, creating a tension between fear and opportunity.

XRP Price Prediction

Technical Analysis: XRP Approaches Critical Support Zone

According to BTCC financial analyst Olivia, XRP's current price of $1.4578 sits just below its 20-day moving average of $1.8076, indicating a short-term bearish momentum. The MACD histogram reading of 0.0420, while positive, shows weakening bullish momentum as the signal line (0.1585) remains above the MACD line (0.2005). Most notably, the price is testing the lower Bollinger Band at $1.4605, which often acts as dynamic support during corrections.

Olivia notes that a sustained break below this Bollinger Band support could trigger further selling toward the $1.40 level. However, the proximity to this technical floor suggests the cryptocurrency may be nearing an oversold condition, potentially setting up for a rebound if broader market sentiment improves.

XRPUSDT

Market Sentiment: Correction Creates Accumulation Opportunity

BTCC financial analyst Olivia observes that current news Flow reflects a mixed but potentially opportunistic environment for XRP. Headlines highlighting a "17.5% slide" and questioning whether "$1.50 support will hold" capture the prevailing caution among traders following recent declines. However, Olivia points to the "XRP Nears Accumulation Zone" narrative as a counterbalancing force, suggesting some market participants view the dip as a buying opportunity.

The expansion of Ripple Prime's DeFi offering with Hyperliquid on-chain derivatives represents a fundamental positive, according to Olivia. This development could enhance XRP's utility in the growing decentralized finance sector over the medium term, providing a fundamental anchor against purely technical selling pressure.

Factors Influencing XRP’s Price

XRP Nears Accumulation Zone Amid Market Correction

XRP's 60% retreat from its all-time high has positioned the asset between $1.50-$1.30, a historical demand zone that Crypto Patel identifies as strategic for gradual accumulation. The analyst cautions against aggressive positioning given persistent macro uncertainty, noting that breakdowns below $1.30 could trigger a slide toward $0.90-$0.70.

Market structure suggests this correction mirrors broader crypto volatility rather than trend invalidation. Traders are reassessing risk exposure as selling pressure shows early signs of stabilization—a characteristic of transitional phases between distribution and accumulation.

Patel maintains a $10 long-term target, emphasizing that prolonged pullbacks during high-volatility regimes often precede institutional-scale entry points. The current retracement aligns with Bitcoin and Ethereum's recent underperformance, reflecting sector-wide deleveraging.

Ripple Prime Expands DeFi Offering With Hyperliquid On-Chain Derivatives

Ripple Prime has integrated Hyperliquid's on-chain derivatives, enabling institutional clients to trade decentralized derivatives alongside traditional assets within a unified brokerage framework. This move aims to reduce operational fragmentation while increasing capital efficiency for institutions operating across both DeFi and traditional markets.

The integration allows cross-margining between DeFi positions and other asset classes—including digital assets, forex, fixed income, and cleared derivatives—without requiring separate accounts. Institutions now gain streamlined access to decentralized liquidity while maintaining centralized risk management protocols.

XRP Extends 17.5% Slide: Can the $1.50 Support Hold Firm?

XRP tumbled to $1.50 as bearish momentum intensified, breaching multiple support levels and testing a critical demand zone. The token's daily chart paints a grim picture—lower highs and lows confirm sustained selling pressure. A failure to hold $1.50 could trigger a steeper decline.

Former demand zones now act as supply barriers, notably the $2.00-$2.20 range where rallies falter. Analysts warn that any upward move remains a correction unless XRP achieves a decisive close above this resistance. Current trading volume surged 35.91% to $4.09 billion amid the sell-off.

Market observers note potential inflection points: BitGuru identifies $1.55-$1.60 as historical buyer territory, with resistance stacked at $1.93 and beyond. The token's 17.5% weekly loss reflects broader market trepidation as traders await either a consolidation bounce or breakdown.

Will XRP Price Hit 2?

Based on the current technical setup and market sentiment analyzed by BTCC financial analyst Olivia, reaching $2 in the immediate future appears challenging but remains a plausible medium-term target under the right conditions.

The primary hurdle is the significant technical resistance overhead. The 20-day MA at $1.8076 and the Bollinger Band midline at the same level constitute a strong supply zone. A rally to $2 would require a sustained breakout above this cluster, followed by a test of the upper Bollinger Band near $2.15.

Key LevelPrice (USDT)Significance
Current Price1.4578Testing lower Bollinger Band support
Immediate Resistance~1.807620-Day MA & Bollinger Midline
Primary Target2.0000Psychological & round-number resistance
Upper Technical Boundary2.1547Upper Bollinger Band

Olivia identifies two potential paths. A bearish scenario would see the $1.46 support fail, pushing prices lower and delaying any $2 test. A more bullish outcome requires holding current support, followed by a recovery above the $1.80 resistance zone on increasing volume, potentially fueled by positive developments like Ripple Prime's DeFi expansion. The convergence of technical recovery and improving fundamentals would be necessary to propel XRP toward the $2 milestone.

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