XRP Falls 5%, Analyst Sees Path to $2

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Ahmed Barakat

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Ahmed Barakat

Part of the Team Since

Mar 2024

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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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Last updated: 

October 8, 2026

XRP price fell to $1.40 after a 5% 24-hour decline, which runs counter to our prediction. The drop pushed the token below $1.50, a former support level; the key question is whether buyers can reclaim it or whether $1.40 gives way next.

An analyst’s bullish scenario targets $1.80–$2 if XRP clears resistance and holds above it. The token has been confined to a $1.46–$1.56 range, and it fell below that band.

Broader selling has outweighed reported ETF inflows of about $3.14 million, while uncertainty over Evernorth’s possible Nasdaq debut adds a catalyst with unsettled timing. The technical picture matters more now: can XRP reclaim resistance, or does the failed range resolve lower?

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XRP Price Prediction: Can XRP Hit $2 After the Latest Breakdown?

XRP is at $1.40, with a daily change of -5%. The immediate hurdle is $1.50, followed by resistance around $1.53–$1.56. A four-hour close above $1.53 has been cited as a potential signal toward $1.62, while the 50-week EMA is the broader dividing line: multiple closes above it would strengthen the continuation case.

A move through $1.60 would improve the odds of testing $1.80–$2. For additional range triggers, see this XRP price breakout analysis.

• Bull case: XRP reclaims $1.53, then clears $1.60; $1.80–$2 becomes a plausible extension, not a guarantee.
• Base case: price consolidates around $1.40–$1.56 as traders wait for a catalyst.
• Bear case: a decisive loss of $1.40 exposes the low $1.30s or lower.

The setup is a breakdown and consolidation attempt.

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Maxi Doge Targets Early Mover Upside as XRP Tests Key Levels

XRP holders are absorbing a sharp drawdown while the $1.50 reclaim remains unresolved. That makes risk management more urgent than chasing a distant $2 target.

Evernorth’s reported listing delay adds timing uncertainty, and the broad market still has room to pressure altcoins; reported ETF demand has not yet reversed the price action. Evernorth catalyst coverage outlines why the timing matters.