XRP Investors Brace for Sub-$2 Finish, Poll Reveals Shifting Sentiment
As 2025 approaches its close, a significant majority of XRP investors are adopting a bearish stance, anticipating that the digital asset will conclude the year trading below the critical $2 threshold. This sentiment, captured in a recent poll, underscores a notable shift in market confidence following a period of underperformance.
XRP Price Forecasts Dip Below Key Level
A poll conducted by cryptocurrency exchange Gemini between December 12 and 23 revealed that a commanding 73% of investors expect XRP to close the year in the range of $1.50 to $2.00. This marks a considerable increase from an earlier 63% within the same poll, signaling a growing consensus around a muted year-end performance for the altcoin. Just weeks prior, a more optimistic outlook prevailed, with 38% of traders anticipating a rally to between $2.00 and $2.50 by December 31. However, this figure has since fallen to 28%, reflecting a significant decline in confidence. The prospect of XRP exceeding $2.50 appears minimal, with only 4% of respondents foreseeing it reaching the $2.50 to $3.00 range, and a similar percentage predicting it could surpass $3.00. While a slight increase (from 6% to 7%) suggests some expectation of a drop below $1.50, a sharp sell-off is generally considered unlikely.
Rising Supply from Early Investors Creates Resistance
This prevailing bearish sentiment is further supported by Futures market data, which indicates a dominance of aggressive sell orders. The accumulation of XRP through exchange-traded funds (ETFs), though consistent at $30 to $50 million daily, is struggling to keep pace with widespread profit-taking and risk-reduction activities. On-chain analysis reveals that early investors have secured substantial gains as XRP neared its recent highs. A notable instance involved a long-term holder, who acquired tokens at around $0.40, liquidating over 350 million XRP at approximately $2.00, realizing an estimated profit of $721 million. Such profit-taking by early entrants has led to minimal support for dip-buying around the $2 level, maintaining the altcoin within its recent $1.70 to $1.80 range. Experts suggest that the increasing supply from these long-term holders, whose initial investments were made at much lower prices ($0.40 to $0.60), establishes a resistance ceiling that requires substantial new demand to overcome. At the time of writing, XRP traded at $1.830, reflecting a year-to-date decline of 15%, consistent with broader market trends.
