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Will XRP Reach $2 by the End of June After Falling Close to February Lows?
$XRP’s path to $2 by the end of June has become more difficult after the token dropped towards key support levels. The latest charts show price pressure near February lows, while analysts are watching whether buyers can defend the lower range before any recovery attempts begin.
At the same time, market data shows a mixed picture. $XRP is seeing exchange outflows and ETF-related inflows, but the price remains weak after the broader market decline triggered by Bitcoin, which pushed the token to levels not seen since November 2024.
$XRP Tests February Lows
More Crypto Online reported that $XRP remains under pressure and is now testing February lows. The analyst noted that there is still no confirmed setup showing the beginning of wave C to the upside.
The weekly chart shows $XRP near $1.16, below several retracement levels that previously marked recovery zones. The analyst also noted that B-waves can move lower, meaning the current decline may continue before a rebound structure forms.
Source: X.
A break below the February lows could open a test of the $0.985 level, according to the same chart. This level is near the lower Fibonacci area and now serves as a key downside marker.
This is important for the $2 question. $XRP first needs to hold the current support zone, recover above $1.35 and then reclaim higher resistance levels before $2 becomes a realistic short-term target.
Money Flows Remain Mixed
Coin Bureau reported that $XRP is attracting money, but there are not enough buyers to support the price. In recent days, more than 25 million $XRP has left exchanges, while ETF products have received inflows.
Exchange outflows may indicate a reduction in sell-side supply on trading platforms. However, price action shows that outflows alone have not created enough spot demand to reverse the decline.
Source: X.
Coin Bureau also linked $XRP’s weakness to the recent Bitcoin crash. As BTC fell, $XRP dropped to its lowest level since November 2024, suggesting that broader market pressure remains a key factor.
The chart provided by Coin Bureau showed recent $XRP ETF activity, including green inflow bars followed by a red outflow bar closer to the latest date. This points to uneven institutional flow rather than sustained demand.
$2 Requires a Strong Recovery
Analyst ChartNerd reported that $XRP has already fallen below the upper regression zone near $1.35. In the last two cycles, similar moves were followed by relief bounces before the broader decline continued.
The analyst added that $XRP has not yet achieved such relief in this cycle. The regression chart compares previous cycle peaks and lows, showing that $XRP often moves towards the mid-regression band after losing the upper band.
Meanwhile, another analyst, Great Mattsby, said that $XRP could carry out a retest of the monthly cloud near $1.03. His Ichimoku chart presents this move as long-term consolidation rather than a confirmed macro breakdown.
Source: X.
For $XRP to reach $2 by the end of June, the price would need a strong reversal from the $1.03–0.985 support zone. It would also need to reclaim $1.35 and then move through the $1.78–2.05 resistance zone shown on the weekly chart.
Under the current structure, $XRP remains below the levels needed to confirm this recovery. A clean move above $1.35 would be the first sign of strengthening, while a break below $0.985 would delay the $2 target and shift the focus towards deeper support.
See also: "Solana Collapses to a 2.5-Year Low"
