XRP News Today: XRP Faces Pivotal Moment: Bulls Eye $10 Surge While Bears Caution Against Drop to $1.35
- XRP trades near $2.65 amid bullish $10 targets and bearish $1.35 warnings as price oscillates between key support/resistance levels. - Technical indicators show mixed signals: 88% rebound from October lows and inverse head-and-shoulders pattern suggest $3+ potential, but $2.82 breakout is needed for $6.50-$10 surge. - Institutional developments accelerate: First U.S. XRP ETF surpasses $100M AUM, Ripple acquires Hidden Road for institutional settlements, and ETF approvals from Grayscale/Bitwise loom in la
XRP’s recent price movement has sparked a battle between bullish and bearish traders, with the token fluctuating between the possibility of a surge to $10 and a scenario where $1.35 becomes a key buying zone. Currently, XRP is trading around $2.65, having rebounded from its October 22 low of $2.32. The token has tested significant resistance at $2.77 and found support at $2.18. Analysts and institutional activity are driving different outlooks—some foresee a breakout to $3, while others caution that a final downward move could be ahead.
Technical signals present a mixed picture.
Institutional moves are intensifying the discussion. The first U.S. spot XRP ETF has now exceeded $100 million in assets under management, drawing attention as a potential driver of institutional demand, according to
Market sentiment remains unsettled. Ripple CTO Stefan Thomas had originally set a $4.13 target for XRP, but now sees room for even greater gains following a recent dip, according to
Contradictory forecasts persist. Crypto investor Jake Claver has made a bold call that XRP could reach $100 by the end of 2025, citing a “multiplier effect” from ETF launches and institutional adoption. This is in stark contrast to CasiTrades’ bearish perspective, which argues that XRP needs to complete a final drop to $1.4 before any sustained rally. Santiment’s analysis of trader sentiment echoes this split, suggesting that prices below $2 are seen as buying opportunities, while levels above $3 may trigger selling, according to
With XRP hovering near $2.65, its future direction depends on breaking through critical technical barriers and broader economic catalysts. As institutional interest rises and ETF approvals approach, the token’s trajectory could soon become clearer—though for now, the market remains divided between hope and caution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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