XRP has emerged as a standout performer, recording a 90% surge in 90 days compared to Bitcoin’s 51% and Ethereum’s 20% gains. This meteoric rise highlights the token’s growing strength and resilience in a competitive market.

Popular analyst Credible Crypto suggests that XRP’s ability to break the $2 barrier hinges on Bitcoin holding its ground above $94,000. If Bitcoin maintains this critical level, XRP could continue its upward momentum and establish a new high.

Currently trading at $1.43 with a market cap of $82.1 billion, XRP has already shown impressive weekly gains of 27%. However, a move to $2 would signify a further 40% increase, underscoring the importance of market conditions in achieving this milestone.

Key Levels to Watch

The Crucial $94,000 Threshold for Bitcoin

Bitcoin’s performance remains a pivotal factor for XRP’s trajectory. Credible Crypto emphasizes that as long as Bitcoin stays above $94,000, XRP is likely to hold its ground above $1.10. This stability could pave the way for XRP to surpass $2 and potentially revisit its all-time high (ATH) of $3.38 in the near future.

Support Zones and Accumulation Opportunities

If Bitcoin falters and drops below $94,000, XRP could face a pullback. The key support level at $1.10 would likely be tested, and a further decline could see XRP revisiting the $0.48–$1.10 range.

While a dip might appear concerning, it could also present a prime accumulation opportunity for investors. Credible Crypto believes that this range, if reached, could mark one of the last chances to acquire XRP below $1 before a prolonged bullish phase begins.

Potential Scenarios for XRP

Bullish Scenario: A Fifth-Wave Extension

XRP’s recent surge from $0.48 to $1.62 marks the completion of its first major Wave 1. If the token achieves a fifth-wave extension, it could solidify its position above $1.10 and push toward $2. This bullish momentum would likely attract renewed investor interest and further establish XRP as a leading cryptocurrency.

Bearish Scenario: Temporary Pullback

Should Bitcoin break below $94,000, XRP may struggle to maintain its upward trajectory. A decline below $1.10 would not only signal a loss of momentum but could also lead to a broader market correction. However, such a pullback would likely be temporary, as long-term fundamentals for XRP remain strong.

XRP’s Market Position and Future Outlook

Beyond price movements, XRP’s growing adoption and use cases within the financial sector continue to bolster its long-term outlook. Ripple’s ongoing partnerships and technological advancements position XRP as a key player in cross-border payments and decentralized finance (DeFi).

While market volatility remains a factor, XRP’s recent rally demonstrates its potential to outperform other major cryptocurrencies. With Bitcoin and Ethereum often dominating headlines, XRP’s impressive gains underscore its resilience and growing influence.

Conclusion: Will XRP Hit $2?

XRP stands at a crucial juncture, with its next move potentially defining its trajectory for months to come. If Bitcoin holds above $94,000, XRP could not only reach $2 but also set its sights on its ATH of $3.38.

On the other hand, a pullback to the $0.48–$1.10 range could offer investors a valuable accumulation opportunity. Whether bullish or bearish, XRP’s current position reflects its evolving role in the cryptocurrency market, making it an asset worth watching.

For investors, the key lies in monitoring Bitcoin’s performance and XRP’s ability to maintain critical support levels. As the market evolves, XRP’s journey toward $2 could become one of the most compelling stories in the cryptocurrency space.