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XRP is currently trading near a critical technical zone, hovering around the $1.85–$1.90 support area after facing rejection near $2.40 earlier this month. The recent pullback appears to be part of a broader market correction rather than a breakdown in XRP’s overall structure. Price action over the past week shows slowing downside momentum, suggesting selling pressure may be weakening.
From a technical perspective, holding above the $1.85 level is important to maintain a bullish bias. A sustained daily close above $2.05 would act as a short-term confirmation signal, potentially opening the door for a move toward $2.30 and the $2.70–$2.75 resistance zone. Failure to reclaim $2.00, however, could keep XRP range-bound in the near term.
On-chain and sentiment indicators remain supportive. Prediction market data continues to price in higher XRP levels later this year, reflecting confidence among traders despite a broader risk-off environment. Exchange reserve trends also point to reduced selling pressure, as more XRP is being moved off centralized platforms.
Overall market sentiment remains cautious, but XRP’s ability to defend key support suggests accumulation may be taking place. If broader crypto conditions stabilize, XRP could be well-positioned for a renewed upside move in the coming weeks.$$$
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Retail traders are growing increasingly bullish on XRP, even as the token struggles to hold above the $1.90 level. While recent price action has lacked momentum, underlying data suggests confidence is quietly building. Prediction market activity indicates traders are positioning for a potential 40% upside move in XRP before the year is over.
Data from Robinhood’s prediction markets shows traders actively pricing in higher XRP valuations for 2026, signaling optimism despite short-term weakness.
Prediction Markets Signal Rising Bullish Sentiment
According to Robinhood’s prediction platform, contracts tied to XRP reaching specific price levels in 2026 are seeing notable demand. The contract for XRP trading at $2.75 is currently quoted with a bid of $0.66 and an ask of $0.73.
An ask price of $0.73 suggests that market participants view XRP reaching or exceeding $2.75 as a high-probability outcome. While prediction market pricing is not a direct probability measure, this pricing implies roughly a 73% likelihood based on current sentiment.
Bullish expectations extend to higher targets, though with more caution. Contracts tied to XRP surpassing $3.00 are priced near $0.50, reflecting an implied 50% probability. Meanwhile, the $3.25 price target carries an ask of $0.44, suggesting traders assign a 44% chance to XRP reaching that level in 2026.
Can XRP Rally From the $1.90 Support Zone?
XRP is currently trading near a key support level around $1.90. At the time of writing, the token is priced at $1.88, down approximately 5% over the past week. This pullback follows a broader correction after XRP’s early January rally was rejected near $2.41 on January 6.
Market-wide sentiment has also turned cautious. CoinMarketCap’s Fear & Greed Index currently registers a “Fear” reading of 29, reflecting a risk-off environment across the crypto sector. Despite this, bullish expectations for XRP remain intact.
Several forecasts published earlier in the year continue to point toward new all-time highs. Analysts at Standard Chartered have projected XRP could reach $8 in 2026, citing potential ETF inflows and improved regulatory clarity as catalysts for increased institutional adoption. Other outlooks suggest a move above $5 remains possible this year, supported by ongoing XRP outflows from centralized exchange reserves.$XRP

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