XRP Slips Below $1.50 as Traders Weigh the $2 Target
Two reports from the same day disagree on whether XRP held $1.50, while analysts tie a $2 move to Bitcoin and to a daily close above the pivot.
Key takeaways
- The pivot is $1.50. XRP traded as high as $1.56 and as low as $1.47 on the same day, leaving $1.50 as the level in play.
- Watch the 200-day EMA. A close below the 200-day EMA near $1.37 would shift the medium-term structure from bullish to neutral.
- $2 needs a hold. One report says XRP must rise approximately 35% to reach $2, and needs to hold $1.50 first.
What happened
XRP moved on both sides of $1.50 on Monday. One report says the token broke through the $1.50 wall and reached a day's high of $1.56. The other says it lost the $1.50 pivot and slid to $1.47 after a daily decline of about 3%.
The pullback since September 23 has been steady rather than sudden. XRP printed a local peak near $1.63 and failed a second attempt to clear $1.60 on September 25. It then traded through $1.55, $1.52, $1.50 and $1.47.
Bulls need a daily close back above $1.50. That would make Monday's drop read as a fakeout, with $1.55 as the next confirmation level and $1.60-$1.63 as the target that would put the September 23 high back in play.
Why it matters
The week's range runs from $1.37 to $1.60, with $1.50 as the pivot in between, so the next daily close carries weight. A close below the 200-day EMA at $1.37 would shift XRP's medium-term structure from bullish to neutral, and one report puts $1.40-$1.42 as the level to watch if $1.50 is not reclaimed.
Bitcoin's path is part of the case for a move higher. BTC traded at $83,000 on Monday, and one report links a climb to the $90,000 to $100,000 mark with XRP crossing the $2 finish line. The same report says XRP must rise by approximately 35% to reach $2.
What the data shows
Momentum is not stretched. RSI sits at a neutral 54, with no overbought or oversold reading to lean on. The pullback followed a rally that carried the XRP price up nearly 50% from an August low near $1.00.
Market data has pointed to sustained spot XRP ETF inflows running into the hundreds of millions of dollars over recent weeks, a trend some trackers frame as institutional accumulation. One technical note counts a sixth weekly close beneath the 50-week EMA, with bull support at $1.31.
Background
One report sets the move against a wider market backdrop. It cites Donald Trump's announcement last month that the US government is considering buying a "sizeable" amount of Bitcoin, and notes BTC hitting fresh monthly highs. It also points to crude oil trading at $94 per barrel.
What is still unclear
- It is still an open question whether $1.50 was real support or just a round number the market is testing, and the pattern reads as buyers not showing up rather than one dramatic session.
- ETF flow data is context, not a confirmed driver of Monday's drop, the same report traces the pullback below $1.50 to failed resistance tests and fading bid support.
- The two reports disagree on direction for the same day, so whether XRP held $1.50 depends on the session and the source.
Questions readers ask
Did XRP break above $1.50?
One report says XRP breached the $1.50 wall and reached a day's high of $1.56. Another says it lost the pivot and slid to $1.47 after a daily decline of about 3%, so the two reports frame the same day differently.
What would push XRP toward $2?
One report says XRP must rise by approximately 35% to reach $2 and needs to hold $1.50 first. It also links a Bitcoin move to the $90,000 to $100,000 mark with XRP crossing the $2 finish line.
What is the key level below XRP's price?
The 200-day EMA near $1.37. A close below it would flip the medium-term structure from bullish to neutral, and the week's range runs from $1.37 to $1.60.
How far has XRP risen from its August low?
The rally carried the XRP price up nearly 50% from an August low near $1.00. RSI sits at a neutral 54, so price levels rather than oscillators are setting the tone.