XRP News Today: XRP at Crossroads: ETF Surge Meets Whale-Driven Volatility

XRP, the digital asset developed by Ripple, is attracting renewed attention as analysts draw parallels between its current price action and the 2017 bull run. Technical indicators, whale activity, and institutional adoption are converging to fuel speculation of a potential 10x rally. Analyst Steph Is Crypto highlighted a Gaussian channel breakout and a 42-day correction mirroring 2017 patterns, suggesting a "massive" upward move is possible. Meanwhile, XRP's price stabilized near $2.07 after an 11-day decline, with critical support levels at $1.90–$2.06 and resistance near $2.60 shaping near-term expectations according to data.

The 2017 analogy is gaining traction as XRP retests a 3-month 20-EMA support level, a key catalyst for its 25x rally then. ChartNerd TA argues that a bullish RSI divergence on the daily timeframe—where price makes lower lows but RSI forms higher lows—points to a potential reversal. However, risks persist: liquidation threats near $1.81 and a weak MVRV ratio (indicating long-term holders are not profitable) underscore volatility. Whale activity further complicates the narrative, with $7.7 billion in XRP accumulated by large investors over the past quarter, yet recent offloads of $480 million in two days raising concerns about confidence.

Institutional adoption is amplifying bullish sentiment. Franklin Templeton's XRPZ ETF launched on NYSE Arca with a 0.19% expense ratio, has drawn $62.59 million in inflows, while Grayscale and Bitwise's ETFs added $67.36 million and $35.41 million, respectively, in a single day. Cumulative inflows now exceed $622 million, signaling robust demand. These developments align with broader market trends: ETFs like Franklin's XRPZ are part of a broader institutional shift toward diversified crypto exposure, with XRP joining Bitcoin and Ethereum in mainstream portfolios. Analysts like Ali Martinez argue that sustained ETF inflows could tighten XRP's supply, driving the price toward $2.60 if the $2.35 resistance level is cleared.

Price targets vary. Conservative estimates project XRP reaching $3.2–$5 by year-end, driven by ETF adoption and a potential 10x rally. More aggressive scenarios suggest a move toward $6.50–$7.20 if $2 support holds. Conversely, a breakdown below $1.90 could trigger a deeper pullback toward $1.55, as Cointelegraph warned. Regulatory clarity post-SEC settlement and XRP's role in cross-border payments are cited as long-term fundamentals according to data.

The market remains in a delicate balance. While technical and institutional factors lean bullish, liquidity risks and whale behavior could disrupt momentum. As XRP approaches a pivotal juncture, investors are weighing optimism against caution, with the 2017 pattern and ETF-driven demand as key variables.