News

Crypto Market Today: Bitcoin Holds $65,000 While XRP Targets a $2 Breakout Move

BTC Faces Resistance as XRP Builds a Long-Term Bullish Case Through ETF Inflows

Written By : Yusuf Islam
Reviewed By : Atchutanna Subodh

Bitcoin formed a base above $63,500 and pushed past $67,000 before sellers capped gains near $68,180. The pullback now places BTC below $67,000 and the 100-hour moving average, while XRP analysts project a possible long-term move toward $5. Market participants now watch whether Bitcoin can reclaim resistance and whether XRP’s multi-year breakout thesis can hold.

Bitcoin Price Tests Resistance After Sharp Rally

Bitcoin climbed steadily after building support above $63,500. It cleared $64,500 and extended gains beyond $67,000. The rally stalled near $68,180, where sellers entered the market. Soon after, the price retraced below the 50% Fibonacci level of the move from $63,030 to $68,181. BTC now trades under $67,000. It also sits below the 100-hour simple moving average.

If BTC holds above $65,000, buyers could attempt another push higher. Immediate resistance stands near $67,000. A bearish trend line also forms near that level on the hourly chart. According to NewsBTC, the next key resistance sits at $68,200. A close above that level could open the path toward $69,500. Further strength may target $70,000, followed by $70,500 and $71,200.

The immediate support level stands at $65,500, which represents the first point of protection for the market. The market shows its strongest support at $65,000 as this level corresponds with the 61.8% Fibonacci retracement point. The market establishes two extra support levels at $64,250 and $64,000, which function as protective barriers. 

The primary support level exists at approximately $63,000. The recovery process becomes challenging when BTC reaches that threshold as it creates a zone in which recovery becomes more difficult.

XRP Faces Steep Drop Yet Draws Bold Forecasts

Meanwhile, XRP has struggled for months. The token fell sharply after reaching roughly $3.66 in mid-2025. It now trades near $1.30.

That decline marks a major pullback. Despite this drop, one widely followed analyst remains firm on a long-term projection. CryptoBull, known on X, shared a monthly XRP/USD chart. He described a multi-year consolidation pattern followed by a breakout attempt heading into 2026.

His projection calls for a potential move to $2. He stated that the chart structure points to that level regardless of market sentiment. CryptoBull previously outlined a broader $3- $4 target range using higher timeframe analysis. The $2 figure falls within that band.

At current prices, a rally to $2 would represent huge gains. Even so, the analyst has rejected extreme forecasts such as $30 or $50, stating that those levels lack structural support.

Also Read: BTC, ETH, XRP Predictions: What Happens as Crypto Rally Stalls?

Market Value Implications and Analyst Support

A $2 XRP price would place its market value near $100 billion. At $5, the market capitalization would exceed $300 billion. Those figures remain large yet differ sharply from projections implying far higher valuations.

CryptoBull also referenced XRP’s past performance. In a previous cycle, XRP surged 3,500%, rising from $0.11 to $3.65. Using that history as context, he suggested a move toward double digits could fit within this cycle. A rise to $3 would approach a similar scale to the prior rally.

Other analysts share constructive outlooks. Javon Marks maintains a measured target above $15, citing a late-2024 breakout structure. Korean Elliott Wave analyst XForceGlobal also pointed to strength in XRP’s chart. He noted that the altcoin revisited its previous all-time high zone and retraced toward $1 before stabilizing.

Can XRP repeat its historic surge while Bitcoin fights to reclaim $68,200?

Conclusion

Bitcoin remains under pressure below $67,000 after failing near $68,180, with $65,000 acting as a key support zone. At the same time, XRP price prediction stays in focus as analysts continue to point to a possible long-term breakout, with targets ranging from $2 to $5 if the chart structure holds.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

Multicoin Capital Sticks to Crypto as Rival Firms Expand into AI Investments

Probly Wraps Up TOKEN2049 Singapore and WHALE3RA, Strengthening Its Presence in On-Chain Prediction Markets

Zerohash Launches AUTH Crypto Transfer Service Amid Pending US Bank Charter Application

Mastercard Unveils Stablecoin Fraud Detection Tool Ahead of 2027 Global Rollout

Tether CEO Disputes Senate Iran Probe, Cites 94% Drop in Stablecoin Volumes