Analyst Predicts XRP Could Plunge to $2 as Market Uncertainty Persists

Despite recent recovery attempts, the cryptocurrency market remains volatile a week after last Friday’s sharp downturn. Ripple’s XRP has witnessed a significant decline in value since breaking its all-time high in July, and it has fallen two positions in the market capitalization rankings to USDT and BNB. Popular crypto analyst Ali Martinez recently issued a concerning prediction: that XRP might drop further to $2. This prediction comes as the asset has been struggling for the past several months after experiencing a strong rise. The last time it fell below this line was in June, and even before then in April. 2025. However, the overall market sentiment surrounding altcoins, including XRP, remains quite unfavorable. Martinez also highlighted his analysis of XRP’s UTXO Realized Price Distribution (URPD), which reveals a key support level for the asset should a further decline occur. This crucial threshold is estimated at $2.10, just above the potential target of $2. If a remarkable reversal takes place, he noted that the first major support, situated at $2.80, would be impacted. Should this level be overcome, XRP could begin to rally and aim for $3 in the future.