Despite renewed selling pressure from large holders, observational data suggests XRP continues to stabilize around the $2 level, while developments surrounding Ripple and its institutional footprint add a longer-term fundamental backdrop.
XRP Price Today Trades Near Key $2 Support
According to recent TradingView chart data, the XRP price continues to fluctuate near the $2 support zone—an area that has acted as a repeated demand floor during recent market pullbacks. Several technical analysts describe the current structure as a bullish wedge, a chart pattern where price compresses between rising support and falling resistance, often interpreted as weakening selling pressure when confirmed by volume.
XRP is holding above $2 in a bullish wedge, signaling growing buying pressure and a potential upside breakout soon. Source: geordiecrew77 on TradingView
Multiple TradingView analysts have noted that repeated tests of the $2 region have attracted renewed buying interest. Price compression within a tightening wedge often precedes an expansion in volatility, although confirmation from price action is still required before any directional conclusions can be drawn.
Momentum indicators remain mixed. The Relative Strength Index (RSI), a commonly used oscillator that measures buying and selling pressure, has hovered near neutral levels around 40 on higher timeframes—suggesting neither strong overbought nor oversold conditions at present.
Whale Sell-Off Adds Short-Term Pressure
On-chain metrics have introduced fresh uncertainty. On-chain data analyst Ali Martinez reported that large holders redistributed approximately 150 million XRP over 48 hours, noting on social media that “whales sold or redistributed another 150 million $XRP in the past 48 hours.”
XRP saw 150M tokens moved by whales amid a price drop to $2, while ultra-large wallets continued accumulating, highlighting layered market activity. Source: Ali Martinez via X
Supporting data from the blockchain analytics platform Santiment also showed increased large-wallet activity during XRP’s recent decline from approximately $2.85 in September to near $2.00 in early December. Santiment’s historical wallet tracking suggests that such movements often correlate with elevated short-term volatility rather than definitive long-term trend reversals.
Market data further indicated that XRP recorded a single-day decline of about 6% on December 2, highlighting how sensitive price action remains to large-holder distribution. At the same time, Santiment wallet metrics show that some top-tier wallets continue to accumulate, suggesting that recent selling may reflect portfolio rotation rather than broad capitulation.
XRP Price Prediction: Bullish Wedge Keeps Long-Term $10 Scenario in Discussion
While near-term sentiment has been softened by whale activity, some long-range XRP price prediction models remain constructive—though analysts consistently stress that these projections remain conditional.
Technical analyst Maelius, known for publishing long-term Elliott Wave–based market models, described the current XRP structure as Wave IV, a phase that typically represents consolidation before a potential final advance in the cycle. In Elliott Wave theory, Wave IV often reflects sideways accumulation after an impulsive rally.
MaeliusCrypto’s Elliott Wave analysis projects XRP could reach $10 by mid-2026, a 4.6× upside from its $2.15 price on December 3, 2025, though such forecasts remain speculative. Source: Maelius via X
In reference to this structure, Maelius wrote that a conservative interpretation could outline a future scenario where XRP revisits the $10 region, should Wave V develop under favorable conditions.
Another market analyst, EGRAG, who specializes in logarithmic XRP trend modeling, has outlined a hypothetical $9–$13 range in aggressive upside scenarios. However, both analysts emphasize that such outcomes depend on volume confirmation, broader market liquidity, and structural breakout validation, rather than timing-based speculation.
XRP News Today: Ripple Expands Institutional Reach in Singapore
From a fundamental perspective, institutional developments continue to shape XRP’s long-term narrative. According to an official statement from Ripple, the company recently secured an expanded Major Payment Institution license from the Monetary Authority of Singapore.
MAS approves Ripple’s expanded license, enabling fully licensed payment services in Singapore. Source: Ripple via X
Ripple stated that the updated regulatory approval allows it to broaden its regulated digital payment services in the region, including near-instant settlement capabilities using Ripple USD (RLUSD), its U.S. dollar–pegged stablecoin. The company highlighted faster settlement times and improved cross-border liquidity for institutional partners as primary benefits.
Market analysts view this regulatory milestone as strengthening Ripple’s regional payment infrastructure, which could gradually influence XRP transaction demand through increased enterprise usage—though direct short-term price effects are difficult to quantify.
XRP Weekly Trend Shows Bearish Structure With Defined Reversal Levels
Despite optimistic long-term projections, the broader weekly XRP structure remains technically fragile. According to a trend classification model shared by multiple market technicians, XRP has remained in a bearish phase for roughly 14 consecutive weeks, with price still trading beneath key structural thresholds.
As of December 2, 2025, XRP trades at $2.15 in a 14-week bearish trend, with key levels at $2.31, $2.62, and $1.47; the analysis is fully reactive and observational. Source: GURULifeline on TradingView
Analysts are currently monitoring the following technical reference levels:
Bullish trend reversal level: $2.31
Bullish confirmation zone: $2.62
Major structural support: $1.47
This framework follows a confirmation-based methodology, meaning directional bias is only adjusted after the price closes decisively above these levels rather than on anticipatory signals.
XRP Price Forecast Hinges on $2 Support and Channel Breakout
Market observers generally agree that the $2 area remains the most decisive level for the near-term XRP price forecast. Some analysts believe that maintaining this support could preserve the existing bullish wedge structure, while a breakdown below it could expose lower historical demand zones.
Recent exchange trading data shows that volume during recent pullbacks briefly approached nearly 3% of circulating supply, a statistic often interpreted by market technicians as evidence of both strong speculative participation and defensive buying.
A confirmed breakout above descending channel resistance—a trendline that currently restricts upward momentum—would be considered a constructive technical signal in many trading models. Conversely, sustained weakness below $2 could increase downside risk.
Looking Ahead: Cautious Optimism for XRP in 2025
Based on the current balance of technical and on-chain data, many analysts describe the XRP price prediction 2025 outlook as cautiously optimistic rather than decisively bullish. Technical patterns suggest possible accumulation near $2, while institutional developments and long-term wave models keep higher price scenarios within speculative discussion.
XRP was trading at around 2.17, up 7.49% in the last 24 hours at press time. Source: XRP price via Brave New Coin
However, as one recent TradingView market report noted, “Without price confirmation, projections remain probabilistic—not predictive.”
For now, XRP remains at a technical crossroads—supported by persistent buying interest near $2, tested by whale-driven volatility, and influenced by expanding institutional adoption within global payment networks.