Price prediction: More downside ahead? XRP consolidates near $2.03 as sellers maintain control
XRP is trading at $2.0317, which is below the MA-20 ($2.1144), MA-50 ($2.2513), and MA-200 ($2.6006), indicating sustained pressure from sellers across the short, medium, and long-term trends. The nearest dynamic resistance is the Kijun level from Ichimoku at $2.0643, while support is found near the psychological $2.00 mark.
Highlights
- Spot XRP ETFs launched by 21Shares and Grayscale received SEC and Cboe BZX approval, drawing over $1 billion in institutional ETF inflows within weeks.
- Ripple secured conditional approval from the OCC to operate as a national trust bank in the United States, expanding its regulatory footprint.
- Hex Trust introduced wrapped XRP (wXRP) with $100 million in initial liquidity, enabling cross-chain and DeFi integrations on Solana and Ethereum.
Institutional inflows surge as regulatory approvals drive sentiment shift
Recently, multiple spot XRP ETFs led by 21Shares and Grayscale received regulatory approval from the SEC and Cboe BZX Exchange, resulting in total ETF inflows surpassing $1 billion within weeks and signaling robust institutional demand. Ripple also secured conditional approval from the OCC to operate as a national trust bank in the United States. In addition, Hex Trust launched wrapped XRP (wXRP) with $100 million in initial liquidity, expanding cross-chain and DeFi capabilities on networks such as Solana and Ethereum.
Bearish momentum persists despite oversold signals and intraday stability
Momentum indicators on the daily chart remain weak, with MACD and ADX both signaling bearish momentum, while RSI (40.7) and CCI (–107.4) show mild oversold conditions. The Stochastic RSI also signals that the asset is oversold, but negative BBP values confirm that sellers continue to dominate intraday momentum, and there is no decisive signal from the Awesome Oscillator. There was no notable gap between the previous close ($2.0367) and today’s open ($2.0085), and the price is currently near the mid-range of today’s session (range: $2.0073 – $2.0476) with moderate volatility and slight pressure after the open; this intraday performance aligns with prevailing momentum signals, though the combination of oversold readings and persistent bearish trend suggests some divergence.
Sideways action likely as technicals point to further downside risk
For the next five trading days, the expected range is $2.00 – $2.13, normalized to reflect the current price. The probability of a price increase is very low (less than 20%), making further declines more likely given unanimous bearish signals from weekly MA-50, RSI, ADX, and MACD. In the baseline scenario, the price consolidates sideways between $2.00 and $2.13. In a bullish scenario, a sustained move above $2.0643 could trigger a short-term rally toward $2.13, while a break below $2.00 would open the way for further downside, with the next support likely emerging below this volatility band relative to current levels.
Previously it was reported that companies such as Paxos, Fidelity, Ripple, BitGo, and Circle had received OCC approval to establish national trust banks — a move that enables these firms to deliver specialized fiduciary and asset management services without offering traditional banking products. The emergence of new players in the federal sector was described as beneficial for both the evolving crypto industry and the broader financial landscape.
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