Top analyst calls it: XRP’s path to $2 is unlocked by a repetitive successful backtest at the $1.88 level.
XRP’s continuous price trading in a tight range between $1.89 to $1.94 this Wednesday has mirrored the broader market sentiment, which remains mixed as Bitcoin (BTC) reclaimed $90K. For XRP, the hourly time-frame is pivotal: the popular remittance altcoin is trading roughly four cents above the breakout & backtest formation.
The area around $1.88, claimed as an intra-day high, was crucial for XRP’s upswing towards $1.93, but the daily gains remain micro-sized. XRP’s bulls won’t be able to clear the territory until XRP’s price breaks $2, a crucial psychological threshold unclaimed since January 18, 2026, according to CoinGecko’s price aggregator.
XRP’s Bulls Are Two Cents Away From Dominance
The OG altcoin’s price is now just two cents below the red-label Bollinger Band (BOLL), a key sign of a price trend reversal after last weekend’s multi-billion dollar blow-out. Something that would stop XRP’s bulls? Not really the case. Futures markets display a skyrocketing long versus short ratio among Binance customers, hitting 3.16.
This suggests that upward XRP price plays outscore the short-sellers beyond three times, even though XRP coin is yet to reclaim the red-label BOLL band. However, XRP’s bulls are still soaking up higher deficits on leveraged markets, accounting for $1 million in liquidated leveraged plays on XRP’s price in contrast to the $851K lost by short-sellers.
Check out DailyCoin’s hottest crypto news now:
Stellar’s Diagonal Barrier Under Siege: XLM Primed To Ignite?
Sui Faces Weak Price Bounce, “One More Low” Towards $1?
