Will XRP Reach $2 by End-June After Falling Near February Lows?

• XRP is testing February lows after falling to levels last seen in late 2024.
• Coin Bureau said more than 25 million XRP recently left exchanges while ETF products saw inflows.
• Analyst ChartNerd said XRP has fallen below the upper regression band near $1.35, a level watched in previous cycles.

XRP’s path back to $2 before the end of June has become harder after the token slipped toward key support levels. The latest charts show price under pressure near February lows, while analysts track whether buyers can defend the lower range before any recovery attempt begins.

At the same time, market data shows a mixed picture. XRP is seeing exchange outflows and ETF-related inflows, but price remains weak after the broader Bitcoin-led market decline pushed the token toward levels not seen since November 2024.

XRP Tests February Lows

More Crypto Online said XRP remains under pressure and is now testing the February lows. The analyst said there is no confirmed setup yet showing the start of wave C to the upside.

The weekly chart places XRP near $1.16, below several retracement levels that previously marked recovery zones. The analyst also noted that B-waves can overshoot to the downside, meaning the current decline can extend 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. That level sits near the lower Fibonacci region and now acts as a key downside marker.

This matters for the $2 question. XRP would first need to hold the current support zone, rebuild above $1.35, and then reclaim higher resistance levels before $2 becomes a realistic short-term target.

Related: XRP’s June Gamble Begins at a Decade-Long Support Line

Money Flows Stay Mixed

Coin Bureau said XRP is attracting money, but not enough buyers to support the price. More than 25 million XRP were left on exchanges in recent days, while ETF products saw inflows.

Exchange outflows can show reduced selling supply on trading platforms. However, the 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, indicating that broader market pressure remains a key driver.

The chart shared by Coin Bureau showed recent XRP ETF activity, including green inflow bars followed by a red outflow bar near the latest date. That points to uneven institutional flow rather than steady demand.

Related: XRP Price Prediction: June Opens Below the Macro Trendline and History Says This Month Gets Ugly

$2 Requires Strong Recovery

Analyst ChartNerd said XRP has already dropped beneath the upper regression band 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 produced that relief bounce this cycle. The regression chart compares past cycle peaks and lows, showing that XRP often moves toward the middle regression band after losing the upper band.

Meanwhile, another analyst  the Great Mattsby said XRP could backtest the monthly cloud near $1.03. His Ichimoku chart frames the move as a long 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 to $0.985 support region. It would also need to reclaim $1.35, then move through the $1.78-$2.05 resistance zone shown on the weekly chart.

At the current structure, XRP remains below the levels needed to confirm that recovery. A clean move above $1.35 would be the first signal of strength, while a break below $0.985 would delay the $2 target and shift focus to deeper support.