XRP Price Prediction: NIGHT Airdrop Launch! Holders can receive 1.2 billion free Tokens, can the 2.70 USD support hold?

Ripple (XRP) holders welcome a favourable information – the NIGHT Airdrop is officially launched, and eligible users can receive a free Token distribution of 5% of the total supply (approximately 1.2 billion coins). However, despite the Airdrop news attracting market follow, the XRP price has still fallen 6.93% over the past week, currently struggling to hold the key support level around $2.74.

NIGHT Airdrop Details: XRP holder exclusive benefits

Allocation Ratio: 5% of the total supply of NIGHT (approximately 1.2 billion coins)

Snapshot time: June 2025

Eligibility: Hold at least $100 worth of XRP at the time of the snapshot.

Claim Deadline:

Glacier Stage: Claim within 60 days

Scavenger Mine Stage: Missed the initial opportunity but there is still a second chance

Token Use: Governance Rights + Promoting Multi-Chain Collaboration

Background: At the 2025 Consensus Conference, Cardano founder Charles Hoskinson confirmed that XRP holders will be included in the Airdrop to promote cross-chain ecosystem cooperation and reward long-term supporters.

Price Trend: Airdrop Favourable Information Cannot Hide Market Weakness

Although the Airdrop is favourable information for long-term holders, the XRP price still faces pressure.

7-day fall: -6.93%

August high: $3.38

Current price: 2.74 USD

Annual increase: +392.22% (from $0.4936 to $3.65)

Analysts point out that market sentiment remains fearful, and XRP must hold above 2.70 USD in the short term to have a chance to rebound and challenge 2.90 USD; otherwise, it may accelerate its decline.

Technical Analysis: $2.70 is the Bull-Bear Watershed

(Source: Trading View)

Main support level: $2.70 → If it falls below, the next target is $2.33

Main resistance level: $2.90 → After breaking through, look towards $3.03, $3.16, $3.31 in sequence.

RSI Indicator: 33, close to the oversold area, indicating that selling pressure may be near its end.

Short-term perspective:

Hold at 2.70 USD → Expected to rebound to 3.03 USD

Fall below $2.70 → or quickly drop to $2.33

Conclusion

NIGHT Airdrop has brought additional profit opportunities for XRP holders, but the short-term price trend is still affected by market weakness. The technical analysis shows that $2.70 is a critical defense line; if it holds, a rebound is likely, while a breach may trigger a deeper correction. For long-term investors, the advancement of Airdrop and cross-chain collaboration may provide support for the mid to long-term value of XRP.