What Needs to Happen Before XRP Reclaims $2 after Latest 9% Rebound

Market data now reveals the levels XRP must first overcome before reclaiming the $2 mark, as prices record a 9% rebound.

XRP has initiated a recovery effort, rising 6.5% over the past 24 hours and gaining 9.4% since yesterday, to trade at $1.46. The rebound builds on the broader market’s relief, with Bitcoin pushing back above $68,000. Amid the upward push, data highlights areas the price must overcome before pushing above $2.

Key Points

• XRP has risen 6.5% in the past 24 hours and 9.4% since yesterday amid a broader market rebound.
• The market recovery comes on the back of allegations surrounding Jake Street.
• With XRP now trading above the $1.46 level, holding above $1.40 keeps upside targets at $1.49-$1.52 in play, with $1.68 as the next major barrier before $2+.
• A failure to maintain strength above $1.40 could send XRP back toward $1.35.
• XRP faces limited liquidity below current levels while boasting stacked short positions above, which could trigger a rapid squeeze, potentially accelerating gains beyond $2.

Earlier XRP Call Played Out

Analyst Cypress Demanincor recently called attention to these targets amid the latest market upswing. Notably, the bounce comes after reports revealed that Terraform Labs has sued Jane Street over its alleged role in the Terra collapse. Additional claims accuse Jane Street of dumping large amounts of Bitcoin at exactly 10 AM every day, though this remains unconfirmed.

Three days ago, when XRP was trading at $1.34, and Bitcoin had dropped below $65,000, Demanincor highlighted the level at $1.3475. He called this daily buy wall a critical zone. 

According to him, if buyers managed to defend $1.3475, take in the selling pressure, and trap sellers, momentum could swing back in favor of the bulls. His upside range at the time stretched from $1.45 to $1.99. Now, with XRP trading at $1.46, the first part of that target has already been reached.

Levels XRP Must Overcome Before Reclaiming $2

After the recent push higher, Demanincor has now shared another update. In his latest analysis, he explained that as long as XRP stays strong above $1.40, the next levels to watch sit between $1.49 and $1.52. 

Notably, the market watcher suggested that a clean break above $1.49 to $1.52 would open the door to the sell wall at $1.68. Further, if the price clears the level around $1.68, traders can begin looking at a possible return toward $2 and beyond.

However, he warned that a downside push remains possible. Specifically, if buyers lose the strong momentum from yesterday, XRP could revisit $1.40. A break below $1.40 would likely send the price back toward $1.35. The analyst encouraged traders to focus on accurate analysis instead of hypes calling for ambitious targets at such critical times.

Why $1.50 Matters to XRP 

Interestingly, market analyst CryptoInsightUK also reacted to the latest upward push. He noted that XRP has made a solid bounce from the lows and highlighted $1.50 as an important level on the chart. CryptoInsightUK wants to see a daily close above the white line at $1.50 to confirm a very strong move.

For now, he believes XRP could be forming a setup similar to previous white arrow or yellow arrow patterns on his chart. The analyst admitted it was still early, but sees the recent rebound as a healthy move that does not look driven purely by open interest or manipulation. His focus on a close above $1.50 aligns with Demanincor’s $1.49 to $1.52 resistance zone.

Short Positions Could Fuel a Bigger Rally

Citing liquidity data shared by CryptoInsightUK, analyst Bird confirmed that daily liquidity data shows the market has already swept most of the downside, meaning there is not much left below current price levels. However, he pointed out that the area above is packed with short positions.

Same as yesterday > the daily XRP liquidity shows we’ve pretty much swept the downside. There’s not much left below that needs to be taken.

Above us though? It’s stacked with shorts.

If price starts pushing, those positions become fuel. A fast move could send us to $4.20+ very… https://t.co/QL4Ggjy7hW

— Bird (@Bird_XRPL) February 25, 2026

If XRP continues to rise, those shorts could become fuel for a fast move higher. When traders close short positions, they must buy back at higher prices, which adds buying pressure. Bird believes that this can create a short squeeze, pushing the price to move sharply. If this happens, he sees the possibility of XRP racing toward $4.20 or even higher in a short period.