XRP Faces Resistance At $1.65: 2 Reasons It May Hit $2 Next
Ripple’s XRP token has seen a substantial rally over the last few days. CoinGecko data shows that the asset’s price has risen by 8.3% in the last 24 hours, 26.5% in the last week, and nearly 12% over the previous month. XRP is currently facing resistance at the $1.65 price level. Let’s look at two reasons why XRP could hit $2 by the end of this year. Source: CoinGecko Why XRP Could Hit $2 By The End Of This Year Source: TradingView XRP had one of its most bullish years in 2025. The asset climbed to an all-time high of $3.65 in July of last year following the settlement of the SEC vs. Ripple lawsuit. The closing of the suit brought substantial regulatory clarity for the asset, which led to a spike in investor sentiment. However, 2026 went the other way around. XRP’s price is down by nearly 56% from its 2025 all-time high. But things could change for XRP over the coming months. Firstly, we may reach a final deal between the US and Iran. Iran has already proposed op...