Ripple’s XRP token has faced rejection at the $1.60 price level. According to CoinGecko’s XRP data, XRP’s price has fallen by 1.2% in the last 24 hours and 33.8% since March 2025. Despite the slight correction, XRP’s price has maintained gains in the other time frames. Popular cryptocurrency has gained nearly 10% over the past seven days, 11,6% on the chart for 14 days, and 3,6% over the preceding month. Let’s discuss when XRP could go beyond the $1.60 resistance level, and reclaim $2.
When Will XRP Reach $2 Once Again?
In January, XRP was last trading above $2. While 2025 proved to be a positive year for XRP in many ways, 2026 was a difficult one. The XRP price reached an all-time record of $3.65 last July, but since then has dropped by 58.4%.
In the past few days, there have been signs that cryptocurrency is recovering. Bitcoin (BTC), which has reclaimed its $74,000 level of price, is now following the same trajectory as other assets such as XRP. SEC has recently categorized Bitcoin (BTC), Ethereum(ETH), XRP (Solana) and other cryptocurrencies into digital commodities. It is possible that the classification will lead to increased investor confidence leading to continued growth.
The market volatility is increasing. Investors are still concerned about the US-Iran crisis. The Middle East crisis could result in a further exodus from high-risk markets. XRP or other crypto assets may see a dip in value under these circumstances.
CoinCodex analysts anticipate XRP to rally over the coming monthsBut don’t expect it to be $2 in the near future. Platform predicts that XRP is expected to reach $1.81 by June 5, 2026.
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XRP, and the wider crypto market in general, could see a surge if the Federal Reserve cuts interest rates and prints more money. Many analysts believe the Fed is going to increase money printing to help stabilize economic conditions. This could result in more money flowing into crypto markets.
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Source: watcher.guru
