The Crypto Desk desk. Editor: Sam Daodu.

XRP (CRYPTO: XRP) must gain about 109% to return to $2 from its current price of $0.96. The token has dipped 6.3% in just 24 hours and 17.4% over the week. Since the start of 2026, it has fallen by 47.9%. Currently, XRP is trading below its 90-day low of $0.99, set on August 16.

The $2 mark matters to investors because XRP traded around that price for an extended period. Its highest price in the past year was $2.35 on January 5, meaning many investors who bought above $2 are still looking to break even. Additionally, round numbers often act as resistance levels, making it challenging for XRP to surpass them. So, what steps does XRP need to take to get back to $2 by 2027?

XRP Needs a 109% Gain and a Higher Market Value to Reach $2

A silver XRP cryptocurrency coin, featuring the Ripple logo and 'XRP' text, stands upright on a stack of several gold coins. The background is blurred, showing a financial chart with undulating red and green lines against a dark, grid-patterned surface.

Currently, XRP is trading 73.7% lower than its all-time high of $3.65, which it reached on July 17, 2025. It’s also 27.9% below its 50-day moving average of $1.33. Typically, when a price falls below its moving average, it suggests a downward trend.

XRP has a market value of $60.9 billion, making it the sixth-largest cryptocurrency, with 63.5 billion XRP in circulation. Its last daily closing price above $2 was on January 17, when it reached $2.06, valuing XRP at $125.3 billion.

The increasing supply of XRP makes reaching $2 more difficult. The total supply is capped at 100 billion, with Ripple holding a significant portion in escrow and gradually releasing it. At the current circulation of 63.5 billion coins, a $2 price would mean a market value of around $127 billion, exceeding the market cap from January. Each new coin released contributes to this increase.

Bitcoin Has to Recover While the Fed Leans Toward Rate Hikes

ripple coin and other crypto coins on a slate plate

Historically, XRP’s major price increases have mirrored Bitcoin’s (CRYPTO: BTC), especially in January. Bitcoin hit its one-year high of $96,899 on January 14, and XRP closed at $2.06 three days later. However, by February 5, XRP had dropped to $1.21, and its best performance since then was a 90-day high of $1.57 on September 22.

Currently, Bitcoin trades at $65,906, 47.7% below its all-time high and 9.9% below its 200-day average of $73,043. Alex Thorn, head of research at Galaxy, reiterated his expectation that Bitcoin will reach $250,000 by the end of 2027, with a near-term target of $125,000.

Rising interest rates add further challenges. Traders currently estimate an 89% chance that the Federal Reserve will raise rates by a quarter point on December 9, and a 58% chance of another increase on January 27, 2027. Higher interest rates make cash more attractive, potentially driving outflows from the crypto market.

ETF Investments Must Return to XRP

xrp neon logo on black background.

A spot XRP ETF is a fund that holds actual XRP coins. Canary Capital launched the first U.S. spot XRP ETF on November 13, 2025. After the ETF launched, XRP closed at $2.24 the next day, but then slid just below $2 by November 20, suggesting the ETF alone wasn’t enough to keep prices above that level.

Since then, ETF momentum has declined. According to SoSoValue data, cumulative net inflows reached $1.79 billion by November 13, yet total net assets fell by 26.8%, from $1.57 billion on October 21 to $1.15 billion. The largest daily outflow in this period was $10.4 million on November 9, and most sessions over the past month recorded zero net flow.

The CLARITY Act Must Pass, and the XRP Ledger Needs More Growth

Ripple gold physical coin. XRP coin on black background

The CLARITY Act aims to establish federal regulations for the crypto market but faced hurdles when it was not advanced in the Senate on September 15. A cloture vote, which is needed to end debate, failed 49 to 50, but a motion to reconsider keeps the bill alive. On November 8, podcaster Tony Edward said Senator Elizabeth Warren is expected to chair the Senate Banking Committee and might challenge the bill’s progress.

On a positive note, the usage of the XRP Ledger, Ripple’s blockchain, continues to grow. Ripple’s RLUSD stablecoin, a token pegged to $1, has a supply of $2.79 billion, surpassing PayPal‘s (NASDAQ: PYPL | PYPL Price Prediction) PYUSD supply of $2.63 billion. However, despite this growth, XRP’s price has suffered this year, showing that the stablecoin’s success hasn’t translated into price appreciation for XRP.

XRP $2 FAQ

Two Ripple (XRP) cryptocurrency coins, one standing upright and the other lying flat with a reflection, are positioned in front of a dark digital screen displaying a financial candlestick chart. The chart features green and red bars, a white line, and other indicators against a grid, representing market movements.

Will XRP Go Back Up?

It is possible, but for a rebound, XRP likely needs Bitcoin to recover first. Historical patterns show that XRP often follows Bitcoin’s price movements.

Can XRP Reach $2 Again?

Yes, but it would require a gain of about 109%. Additionally, an increase in circulating supply means $2 would represent a higher market value than XRP had at its January close.

What Will XRP Be Worth in 2027?

Predictions are varied, so the early signs say more. The immediate hurdle is whether XRP can recover to $1.33 first, then $1.57. Failure to reach these levels could mean XRP remains below $2 by the end of 2027.

Can XRP Get Back to $2 in 2027?

The chances seem low without several favorable developments. Bitcoin would need to reclaim its 200-day average, the Federal Reserve would have to pause interest rate hikes, ETF investments would need to trend positively for several weeks, and the CLARITY Act must advance through the Senate. Additionally, XRP must overcome its 50-day average of $1.33, which is 38.7% higher than its current price, and surpass $1.57, which is 63.7% above its current price.

Contact [email protected] for any questions or corrections.

Sam Daodu is a crypto analyst and the editor of 24/7 Wall St.'s Crypto Desk, where he covers Bitcoin, XRP, Ethereum, Solana and the altcoins investors search for most. His work focuses on price levels, spot ETF flows, on-chain data and the regulatory decisions that move crypto markets, written so a first-time buyer and a seasoned trader can both use it.
Sam has written about crypto professionally since 2019 and has published more than 2,000 articles. Before joining 24/7 Wall St., he wrote for crypto media outlets and Web3 companies and ghostwrote for crypto founders and token launches. His analysis is syndicated on Yahoo Finance, MSN and AOL and has been cited by other crypto news sites. He also founded MacLabs Marketing, a content and personal branding agency for crypto founders and executives.
When he isn't reading charts, Sam is usually at the gym or watching One Piece, a series he maintains has better tokenomics than most altcoins.