XRP Eyes $2 as Big Money Managers Show Surprise Interest

XRP managed a 4% jump to trade around $1.38 today, recovering from a brief dip to $1.34. While the price action is steady, the real story is happening behind the scenes. At a recent industry event, a Bitwise analyst revealed that XRP sparked more questions from a crowd of 400 wealth managers than any other cryptocurrency, beating out Bitcoin and Solana.

This interest comes at a fascinating time. A poll of those same wealth managers showed that 67% currently do not hold any crypto, but 60% plan to buy in over the next year. This reveals a massive gap between what big money is thinking and what it is actually doing. If these managers start allocating funds, it could mark a major shift for XRP from retail speculation to regulated portfolios.

On the charts, XRP has been settling into a tighter range since its August run to $1.70. The current zone between $1.35 and $1.38 is acting as solid support, backed up by the 200 day moving average just below at $1.33. If buyers can push the price past $1.60, it clears the path toward the $1.70 level, with $2.00 sitting as the ultimate target.

On the flip side, traders should watch the $1.33 level closely. A drop below this support would ruin the current bullish structure and could send the price down to test lower levels around $1.23 or even $1.15. For now, the market is waiting to see if those interested wealth managers turn their questions into actual buy orders.