An assessment indicates that XRP needs to surpass the resistance range of $1.52 to $1.55, which has hindered its progress for several months, in order to reach $2.
On October 24, The Crypto Basic, a blockchain news provider, shared insights from crypto expert Ash Crypto, who stated that achieving $2 would be straightforward if XRP successfully breaks through this resistance.
Ash Crypto highlighted the $1.52 to $1.55 range as a critical barrier on the chart. XRP has made multiple attempts to breach this level but has faced failure each time. The current favorable scenario is projected on the condition that a breakout occurs.
XRP, which began the year trading around $2, dropped to roughly $1 over the summer but has since rallied. It subsequently revisited the $1.50 to $1.70 zone only to retreat to around $1.30 due to selling pressure. The latest trading range for XRP is between $1.27 and $1.32.
The trading community identifies $1.52 to $1.55 as a significant resistance hindering further upward movement. From its current position of $1.27, XRP would need to increase approximately 57% to hit the $2 target.
Charts illustrate that XRP dipped from about $2 at the start of 2026 to about $1 during the summer, rebounding to briefly enter the $1.50 to $1.70 range, only to face resistance again. Recently, it fluctuated within the $1.27 to $1.32 range, with the resistance at $1.52 to $1.55 remaining prominent.
To maintain the bullish trend, XRP must hold above its recent low and aim toward the $1.50 resistance area. A breakthrough above this mark could signal a reduction in the prolonged selling pressure. It is important to note that the $2 target is speculative and relies on XRP clearing the established resistance levels.
Another analyst shared a similar perspective, with XRP expert CasiTrades noting that XRP needs to surpass $1.65 to validate its most recent low. At that moment, XRP had declined from around $1.65, its peak in September, to approximately $1.33, while finding support near $1.27. She identified this level as a crucial Fibonacci retracement area that aligns with her Elliott Wave projections.
CasiTrades underscored $1.65 as the pivotal resistance threshold. She believes that if XRP climbs above this level, it could set the stage for a potential upward movement to $2.40, while also needing to navigate through intermediate resistance points of $1.35, $1.40, $1.55, and $1.58 sequentially.
However, there are risks on the downside. She cautioned that establishing a bottom requires time, and XRP could revisit support at $1.27. If this level fails, she pointed to $1.10 and subsequently $0.87 as the next targets below. In the near term, XRP’s trajectory hinges on its ability to maintain support at $1.27 and break through the $1.52 to $1.65 resistance range.
$XRP has remained below this resistance for several months. Once it successfully breaks through, reaching $2 will likely be attainable. https://t.co/4QIH8PSeW1