XRP price prediction: Will $1.2069 resistance hold as XRP gains 2.96%?

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XRP jumps 2.96% today to $1.1847

Highlights

The SEC approved the T. Rowe Price Active Crypto ETF with XRP as a primary holding, broadening compliant institutional access.
XRP-focused ETFs have attracted greater capital inflows than Bitcoin and Ethereum equivalents for five consecutive weeks, signaling persistent demand.
XRP is exhibiting firm bullish momentum with a high likelihood of remaining between $1.1625 and $1.2069 over the next 2–3 days.

ETF approval and inflows drive institutional demand as compliance expands

The United States Securities and Exchange Commission has approved the T. Rowe Price Active Crypto ETF, which will include XRP as a primary holding, according to coinpaper.com. This regulatory greenlight makes XRP available within a professionally managed ETF set to debut on NYSE Arca, enabling a wider pool of institutional and retail investors to gain exposure under established compliance standards and directly supporting demand. Additionally, cryptonews.net notes that XRP ETFs have captured more capital than their Bitcoin and Ethereum counterparts for five consecutive weeks, reflecting sustained allocation flows, while Ripple's release of the XRPL AI Starter Kit as reported by bitcoinist.com marks further progress in expanding the network’s payment capabilities.

Bullish momentum persists as price holds above near-term supports

On the technical side, XRP/USD is positioned above its MA-20 ($1.1565) and MA-50 ($1.1510) on the hourly chart, but remains below the MA-200 ($1.5783) on the daily timeframe. The Ichimoku Kijun at $1.1601 marks immediate support. Momentum indicators are mostly bullish: MACD and ADX signal buy, RSI stands at 69.16 (approaching overbought), and CCI is positive. BBP confirms intraday buyer dominance, while Stoch RSI is neutral and AO offers no clear direction. Volatility remains moderate, with price trading in the middle of the daily range and a positive gap of $0.0349.

Consolidation likely as breakout risks skew outlook to upside

Over the next 2–3 trading days, XRP is likely to consolidate between $1.1625 and $1.2069, in line with its typical volatility band relative to current levels. The probability of an upward move is very high, and a decisive break above $1.2069 could trigger further gains. On the downside, a move below $1.1625 would signal renewed selling pressure and open up lower scenarios.

Viktoras Karapetjanc, expert at Traders Union, highlights that recent SEC approval of the T. Rowe Price ETF puts XRP in a strong position for further institutional adoption. He believes ongoing capital inflows and the latest technical innovations provide solid fundamental backing for current demand. Karapetjanc sees the current price action as confirmation of growing positive sentiment around XRP. "With regulatory catalysts and strong fund flows, I expect XRP to outperform as long as it holds above $1.1625," he says.

Earlier, analysts noted that XRP's price action reflected a mixed technical outlook despite expanding institutional access and new product development. The latest surge in allocation to XRP-focused ETFs and persistent buying interest now strengthens the case for bullish momentum, making a sustained breakout above $1.2069 a pivotal level to monitor in the upcoming sessions.

Source of Data: XRP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.