XRP Price Prediction: Will It Break the $2 Barrier in 2026?

#XRP

• Technical Hurdle at the MA: The price must convincingly break above the 20-day Moving Average at 1.8883 USDT to initiate a credible move toward the $2 target.
• Supply Squeeze as a Catalyst: Exchange reserves at an 8-year low create a structurally bullish setup, meaning increased buying pressure could lead to a rapid price appreciation.
• Macro and Institutional Tailwinds: Optimism surrounding ETF potential and XRP's role in global trade reshapes long-term demand expectations, supporting higher valuation floors.

XRP Price Prediction

Technical Analysis: XRP/USDT Trading Pair

According to BTCC financial analyst Emma, XRP is currently trading at 1.8750 USDT, slightly below its 20-day moving average of 1.8883. This suggests a neutral to slightly bearish short-term momentum. The MACD indicator shows a reading of -0.0395, indicating that the short-term momentum is below the long-term trend, which often precedes a period of consolidation or a potential pullback before a new upward move.

The price is positioned within the Bollinger Bands, with the middle band at 1.8883 acting as immediate resistance and the lower band at 1.7887 providing support. The proximity to the middle band and the negative MACD histogram suggest the asset is in a holding pattern. A decisive break above the 20-day MA could signal a retest of the upper Bollinger Band NEAR 1.9879, which aligns closely with the $2 psychological level.

Market Sentiment & Catalysts

BTCC financial analyst Emma points to a constructive fundamental backdrop for XRP. Supply dynamics are tightening, with exchange reserves hitting an 8-year low. This reduction in readily available supply, amid price stagnation below $2, typically creates a bullish technical setup where even modest demand can trigger sharper price moves.

Furthermore, investor behavior shows innovation, with reports of leveraging cloud mining for passive income, indicating strong holder conviction. The overarching narrative is supported by institutional optimism, partly driven by expectations around potential ETF developments and XRP's role in the evolving global trade landscape, as highlighted by discussions involving entities like BRICS. This confluence of scarcity, utility, and macro tailwinds supports a positive sentiment outlook.

Factors Influencing XRP’s Price

XRP Supply On Exchanges Hits 8-Year Low Amid Price Stagnation Below $2

XRP's exchange balances have plummeted to their lowest levels since 2018, with only 1.6 million tokens remaining on trading platforms—a 57% drop from October 2025's 3.76 billion. This supply squeeze, typically a bullish signal, has failed to propel the token above $2, leaving analysts puzzled by the disconnect between scarcity and price action.

Glassnode data reveals a stark contrast between shrinking availability and muted demand. While reduced exchange reserves often precede rallies by limiting sell pressure, XRP continues to trade sideways NEAR $1.80. "Declining liquidity should create upward momentum," observes X Finance Bull, "but the market appears to be waiting for a stronger catalyst than supply dynamics alone."

XRP Investors Leverage Cloud Mining for $17k Daily Passive Income Amid ETF Optimism

With the anticipated launch of an XRP ETF, market sentiment has surged, fueling analyst predictions of 150% gains for the digital asset in 2026. This bullish outlook coincides with a strategic shift among XRP holders toward stability-focused income streams rather than pure price speculation.

NAP Hash has emerged as a preferred platform, combining regulatory compliance with clean energy mining operations across global data centers. The UK-registered company's efficient scheduling system and multi-regional presence enable cost-effective participation in crypto mining while maintaining environmental responsibility.

The platform's hybrid approach allows investors to maintain XRP exposure while earning passive returns through cloud mining contracts. New user incentives include trial periods to evaluate profitability before full commitment, reflecting the growing demand for balanced crypto investment strategies.

XRP Price Projection for 2026: Institutional Bulls Emerge

Geoffrey Kendrick of Standard Chartered forecasts a 330% surge for XRP, targeting $8 by year-end 2026. This bullish outlook follows regulatory clarity after the SEC dropped its appeal against Ripple in August. Spot XRP ETFs have already attracted $1.14 billion in inflows as of late December.

Morgan Stanley identifies XRP as a potential '$1 trillion threat' to SWIFT, though specific price targets remain undisclosed. Institutional confidence grows alongside these projections, with Kendrick's analysis highlighting two key 2025 developments: the resolved SEC litigation and ETF approvals by major asset managers including Franklin Templeton.

BRICS Reshapes Global Trade Dynamics as Canada Positions for Leadership

The BRICS coalition—now spanning ten nations including China, India, and Brazil—commands 44% of global grain production and represents 46% of the world's population. This economic bloc's expansion into commodities and agriculture is redrawing trade architectures, creating leverage points for resource-rich economies.

Canada emerges as a potential beneficiary through strategic partnerships, particularly as Western markets face instability. The country's commodity reserves and trade infrastructure position it uniquely to capitalize on BRICS-driven supply chain realignments.

Market implications ripple across currencies and crypto assets, with investors monitoring BRICS-associated tokens like XRP and CBDC developments. Exchange platforms from Binance to Bybit report increased BRICS-nation trading volumes in alternative payment rails.

Will XRP Price Hit 2?

Based on the current technical setup and market sentiment, a move to $2 is a plausible near-term target, but it is contingent on overcoming immediate resistance.

The technical analysis shows the $2 mark (approximately 1.9879 USDT) coincides with the upper Bollinger Band, a key resistance level. For the price to reach it, XRP needs to break and hold above its 20-day Moving Average at 1.8883. The negative MACD suggests this may require a catalyst or a period of accumulation first.

Fundamentally, the bullish sentiment driven by supply scarcity and institutional interest provides a strong foundation. The combination of low exchange supply and positive news flow could be the catalyst needed to push through technical resistance.

Key Levels to Watch:

In conclusion, while the path to $2 faces a technical hurdle, the underlying supply and sentiment factors analyzed by BTCC's Emma tilt the probability in favor of a test of that level, potentially following a period of consolidation near current prices.