Experts Predict XRP Crypto Will Plummet Below $2: Here’s Why XRP Price is Set to Soar
XRP crypto asset is caught in a deadlock that may see it drop to $2. The charts are issuing alerts while long-term investors long-term holding firm around significant base level levels.
Lingering legal issues, conflicting trading market signals, and a delicate macroeconomic environment have traders feeling uneasy, keenly observing which direction this will evolve.
XRP Crypto Descends with Pessimistic Signals in Sight
XRP decreased nearly 1% on Monday, trading at $2.1540 and highlighting its long-standing $1.76 price floor. The technical indicators aren’t promising—RSI is on a downward trend at 39, and the MACD is deep in the red below the neutral threshold.
A continued decline could push an 18% drop back to that critical level.
However, the $2 zone is proving resilient. Weekend gains of $2.08 provided a brief uplift, suggesting that this range might serve as the boundary between panic and patience for XRP investors.
Me Hearing all the amazing XRP #XRP news then looking at the charts 📈 😭@Ripple pic.twitter.com/xmxuhmIS9m
— X (@xatdabeach) May 31, 2025
Ripple’s persistent legal dispute with the SEC hangs over XRP’s price trajectory. A recent submission challenging interpretations of the Howey Test has introduced new complexities to the case, heightening anxiety over regulatory clarity.
In the meantime, Bitcoin’s ongoing consolidation has led to a risk-averse trading market attitude, reflected in the $28 million outflows from XRP investment products last week.
Is a Price breakout Above $2.56 Imminent for XRP Crypto?
Despite the pessimistic tone, some analysts perceive a sliver of optimism for XRP buyers. A new wave count analysis integrating Elliott Wave Theory and Wyckoff reaccumulation principles hints at a potential uptrend breakout. As per ‘Charting Prodigy,’ a crypto analyst on X, XRP has concluded its corrective Wave 2 and is embarking on a strong sub-wave 3.
The pivotal level to observe is $2.56.
“A upward movement past $2.56 could propel XRP into a swift markup phase, aiming for $2.9 to $3.4,” the analyst articulated.
Buy the fear bros
— Charting Prodigy (@PipSnipers) June 2, 2025
The bullish narrative is further bolstered by the emergence of Wyckoff accumulation patterns and a optimistic divergence developing on the MACD.
Upcoming Considerations
XRP holders should vigilantly observe the $2 and $1.7600 base level levels for indications of capitulation or reversal.
A breakdown of these supports could trigger significant losses, whereas a decisive price breakout above $2.56 might signal the start of a major rally.
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Key Insights
- XRP cryptocurrency is caught in a deadlock that may see it drop to $2. The charts are issuing alerts while long-term investors long-term holding firm around significant support levels.
- XRP investors should carefully monitor the $2 and $1.7600 base level levels for signs of capitulation or reversal.
The post Experts Anticipate XRP Crypto to Plummet Below $2: Here’s Why XRP Price Might Surge appeared first on 99Bitcoins.
