XRP maintained strong momentum over the weekend, holding firmly above the $2.20 level after securing an 8% weekly gain. This steady performance followed several days of consolidation and signals renewed strength in the market. Buyer interest has increased noticeably, reinforcing confidence among traders and supporting XRP’s bullish market structure. Analysts have highlighted improving technical indicators and rising ETF inflows as key factors suggesting that XRP may soon aim for higher price levels.
The broader crypto market has also shown signs of recovery, providing additional support for XRP’s potential upside. If Bitcoin continues to consolidate above the $90,000 mark, a full market recovery could boost XRP toward the $3 threshold. Ethereum’s recent move above $3,000 and sustained weekly gains across major altcoins—such as Solana, Binance Coin, Cardano, and Dogecoin—further strengthen the positive market sentiment.
Institutional demand has become a major catalyst. The approval of new spot XRP ETFs has sparked significant interest, with 21Shares set to begin trading its U.S. XRP ETF under the ticker TOXR. Large XRP holders have reportedly accumulated an additional 150 million XRP since November 25, representing roughly $330 million in added investment and signaling growing confidence among whales. Spot XRP ETFs have already attracted about $666.6 million in inflows within just two weeks of launch, supported by issuers like Grayscale and Franklin.
Technically, XRP remains well-positioned for further upside. The price recently rebounded to $2.20 after successfully defending the crucial $2.00 support level. With the MACD showing narrowing momentum and the RSI hovering around a balanced 52, volatility appears likely to increase, potentially driving the next move higher. As long as XRP holds above support, the path toward $2.40, $2.60, and ultimately $3.00 remains intact.
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