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.
SOMETHING HAS TO GIVE: Today's $XRP analysis breaks down the teeth gritting compression. The 50 week EMA defence wall, lower time frame chop, and my overall thoughts as we head deeper into Q4. Enjoy XRP family. Until tomorrow! #NFA pic.twitter.com/XBRtVjCHDp
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ChartNerd
(@ChartNerdTA) October 6, 2026
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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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.
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