Gemini Poll Finds Over 70% Of Investors Predict XRP Below $2 By Year’s End

Overview

As 2025 approaches, XRP investors are increasingly adopting a bearish outlook, with many predicting that the altcoin will remain below the critical $2 mark. A recent poll conducted by cryptocurrency exchange Gemini highlights a significant shift in market sentiment regarding XRP’s future performance.

XRP Forecasts Dipped

Conducted between December 12 and December 23, the Gemini poll reveals that 73% of investors predict XRP will finish the year between $1.50 and $2.00. This marks a notable decline in optimism compared to earlier sentiments, where approximately 38% of traders were anticipating a rally to the $2.00 to $2.50 range by December 31. This figure has since dropped to 28%, indicating a significant reduction in confidence among investors.

The outlook for XRP reaching higher price levels has also shifted dramatically. Only about 4% of respondents believe that XRP will reach the $2.50 to $3.00 range, and a similar percentage predicts it could exceed $3.00. The consensus around the $1.50 to $2.00 range has increased from 63% earlier in the poll, suggesting a growing alignment among participants regarding this price point as the most likely scenario for year-end.

Additionally, the sentiment towards a potential drop below $1.50 has risen slightly to 7%, up from 6%. Most participants, however, do not foresee a sharp sell-off occurring, indicating a degree of stability in their expectations.

Rising Supply From Early Investors

The prevailing bearish sentiment aligns with Futures data that indicates a prevalence of aggressive sell orders. Meanwhile, the slow accumulation of XRP in exchange-traded funds (ETFs) at a pace of $30 to $50 million daily is unable to keep up with profit-taking and risk reduction activities in the market. On-chain data reveals that significant realized gains have been secured as XRP approached recent highs.

For instance, a long-term holder who initially acquired the altcoin around $0.40 sold over 350 million tokens at approximately $2.00, achieving an estimated profit of $721 million. This cashing out by early investors at the $2 level has resulted in minimal support for dip-buying, which could otherwise help bolster the price. Consequently, XRP has remained in its current trading range of $1.7 to $1.8.

Experts suggest that the increase in supply from long-term holders, who originally invested at prices ranging from $0.40 to $0.60, creates a resistance ceiling that is challenging to breach without substantial new demand entering the market. At the time of writing, XRP was trading at $1.830 and has recorded major losses across all time frames, reflecting a year-to-date decline of 15%, consistent with the overall performance of the broader market.

From author

The bearish sentiment surrounding XRP reflects a cautious outlook among investors as they navigate a market characterized by uncertainty. The shift in forecasts indicates a consolidation of expectations that could influence trading strategies moving forward. As early investors realize profits and sell off their holdings, the market dynamics for XRP become more complex and challenging.

Impact on the crypto market

• A significant majority of investors are now predicting a finish below $2 for XRP, indicating a bearish trend.
• The decline in confidence is mirrored by a drop in expected price ranges, suggesting a lack of bullish sentiment.
• Increased selling pressure from early investors could lead to further price resistance.
• The inability of ETFs to support price levels amidst profit-taking activities highlights the fragility of market demand.
• Overall, XRP’s performance is reflective of broader market trends, with a year-to-date decline consistent with other cryptocurrencies.