XRP News Today: Institutional Bets and a 2017 Echo Could Define XRP's Next Move

XRP’s price trajectory has drawn renewed attention from analysts and institutional players, with several bullish indicators pointing to a potential rally toward $4.80 or higher in the coming months. Recent technical and onchain data, combined with growing speculation about the approval of a spot XRP ETF, suggest that the token could be entering a phase of significant accumulation and price reacceleration.

A key technical argument underpinning the bullish outlook is the recurrence of XRP’s 2017 breakout pattern. Analyst CRYPTOWZRD has highlighted that XRP is currently following a similar structure of consolidation and accumulation as it did prior to its $3.30 high in 2017. The current price movement indicates that XRP has completed a long-term accumulation phase since 2023 and is now consolidating below $3. If the pattern holds, a parabolic rally to $4.50 or higher could follow [1].

Critical price levels are currently under observation. Analysts have identified $2.47 as a key support level. As long as XRP holds above this threshold, it could be seen as a precursor to a further 66% upward move. On the other hand, a clean break above the $2.94 resistance level would signal increased buying pressure and potentially open the door to a new bullish trend. In contrast, a breakdown below $2.47 could shift the short-term outlook to sideways consolidation or a deeper correction [2].

Institutional interest in XRP is also on the rise, particularly with the anticipation of a spot ETF approval. Six major asset managers, including Grayscale and Bitwise, have submitted applications for XRP ETFs, with a decision expected from the U.S. Securities and Exchange Commission (SEC) by October 2025. The potential approval of these products is viewed as a catalyst for increased institutional inflows. Analysts estimate that up to $5 billion in capital could flow into XRP if the ETFs are approved, echoing the success of Bitcoin’s spot ETFs in early 2025 [3].

Onchain metrics further support a bullish outlook. The leverage ratio for XRP on Binance has normalized to an annual average, reducing the risk of cascading liquidations during pullbacks. Additionally, aggregated spot and futures cumulative volume delta (CVD) metrics indicate that buyers are beginning to dominate over sellers, suggesting early accumulation by large holders. These developments point to a potential bottoming process in XRP’s price, with the token showing early signs of a reversal after a 20% decline over the past 45 days [2].

Gemini, a leading crypto exchange, has also introduced new utility for XRP through its cashback credit card program, offering rewards directly in the token. This move increases XRP’s exposure to mainstream financial activity and reinforces its role in consumer-facing products. Alongside Ripple’s recent launch of the RLUSD stablecoin, the platform’s integration of XRP into trading and payments further enhances its utility and potential for broader adoption [1].

Despite the optimism, there are differing views on the future of XRP. Some analysts, like AdrianoFeria.eth, have raised concerns that an ETF could mark the "beginning of the end" for XRP, arguing that the token lacks the institutional narrative strength of Bitcoin or Ethereum [4]. However, others, such as Steven McClurg of Canary Capital, remain bullish, projecting XRP’s ETF could generate $5 billion in inflows within its first month and outperform Ethereum in the financial services sector [4].

With XRP trading above $2.8 at press time and showing signs of stability, the next key inflection point will be the SEC’s decision on ETF applications in October. If the pattern continues, and institutional demand strengthens, XRP could be positioned for a significant price surge in the coming months. Analysts are closely watching price behavior at key support and resistance levels to determine whether the token will continue its consolidation or break into a new upward trend.

Source:

[1] XRP to $4.50 and Beyond? Analyst Says 2017 Pattern Is Repeating (https://cryptopotato.com/xrp-to-4-50-and-beyond-analyst-says-2017-pattern-is-repeating/)

[2] XRP stuck in downtrend, but 3 data points forecast 85% ... (https://cointelegraph.com/news/xrp-downtrend-extends-but-data-predicts-85percent-bounce)

[3] XRP Drops 4% After $2.88 Rejection as ETF Speculation ... (https://www.coindesk.com/markets/2025/09/05/xrp-holds-usd2-84-after-v-shaped-recovery-from-midday-lows)

[4] Crypto analyst warns XRP ETF will mark 'beginning of the end' (https://finance.yahoo.com/news/crypto-analyst-warns-xrp-etf-193131671.html)