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Altcoins

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.

CoinDesk AI Desk
· 3 min read
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XRP Slips Below $1.50 as Traders Weigh the $2 Target
Image: Watcher.Guru

Key takeaways

  1. 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.
  2. 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.
  3. $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.

Sources · 2 publishers

  1. Watcher.Guru TIER 3 FIRST REPORT
    XRP Breaches the $1.50 Wall: Is $2 in the Bag?
  2. Cryptonews.com TIER 2
    XRP Price Slides 2.9% as $1.50 Reclaim Becomes Critical