XRP price jumps — what’s behind today’s move

XRP price jumps — what’s behind today’s move
XRP surges 10.32% today to $2.52

XRP trades at $2.5156, holding above the MA-20 ($2.4366) but still below the MA-50 ($2.6077) and MA-200 ($2.6271). This configuration signals positive short-term momentum, but medium- and long-term trends remain under selling pressure, with Ichimoku Kijun ($2.3820) providing dynamic support and the next resistance near the MA-50.

XRP price prediction
24H -3.88%
$1.0903
48H 0.35%
$1.1383
7D 1.3%
$1.1491
1M -22.17%
$0.8828
3M 52.77%
$1.7329
6M 44.27%
$1.6364
12M -11.75%
$1.001
Current price: $ 1.1343 -0.0054 0.47%
Real-time Data 00:17
Daily range 1.1317 Arrow from to Icon 1.1326
Weekly range 1.0884 Arrow from to Icon 1.1866
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Highlights

  • Spot XRP ETFs from Franklin Templeton, Bitwise, Canary Capital, and 21Shares have been listed on DTCC, pending final SEC approval for trading.
  • Ripple completed a $500 million capital raise, formed partnerships with Mastercard and WebBank, and acquired crypto custody firm Palisade.
  • On-chain data shows long-term holders have realized substantial profits, increasing token supply and slowing new investor inflow, while CME Group’s XRP futures saw rising weekly turnover from institutional demand.

Supply overhang rises as institutional ETF flows and profit taking clash

A wave of institutional developments has unfolded for XRP as multiple spot ETFs from Franklin Templeton, Bitwise, Canary Capital, and 21Shares have been listed on the Depository Trust & Clearing Corporation (DTCC), paving the way for trading upon final SEC approval. Ripple has reinforced its position with a $500 million capital raise, new partnerships with Mastercard and WebBank, and the acquisition of crypto custody firm Palisade, while ongoing efforts include securing an SEC no-action letter for its Standard Custody & Trust subsidiary. On-chain data shows long-term holders have taken substantial profits, causing higher token supply in the market and a slowdown in new investor inflow, alongside rising weekly turnover in CME Group’s XRP futures driven by institutional demand.
Anton Kharitonov, expert at Traders Union, observes that XRP shows only short-lived momentum above its short-term moving average, with longer-term averages still capping any sustained upside. He notes that mixed technical signals, including a dominant sell stance from MACD and ADX, do not support a true trend reversal. Kharitonov highlights increased institutional news flow and profit-taking by long-term holders, but remains concerned by weak inflows and the likelihood of further declines. He warns that volatility may be reactionary, not a sign of healthy accumulation. "Traders should view the recent spike with caution, as the setup favors defensive positioning over chasing rallies," he says.
Viktoras Karapetjanc, expert at Traders Union, sees encouraging momentum in XRP's institutional developments and robust capital inflow. He believes the listing of multiple ETFs on the DTCC and Ripple’s new partnerships establish a bullish structural backdrop. Rising turnover in institutional futures also points to growing market interest. Karapetjanc expects further growth, provided XRP sustains support above $2.38. "With major financial players entering and fundamental drivers aligning, I view this market as primed for upward setups in the coming sessions," he explains.

Mixed momentum and short-term buying as volatility drives price rebound

Momentum indicators show mixed signals, with daily MACD and ADX on "sell", while oscillators such as RSI and CCI are moderately weak but not oversold. BBP and most short-term timeframes point to buyers leading intraday action. The Awesome Oscillator stays neutral, not strongly reinforcing the move. Today’s session opened above the previous close, creating a small bullish gap, and the current price is pushing near the top of the intraday range following a sharp 10.32% gain, reflecting high volatility and clear strength toward session highs. Contradictory signals from higher timeframe oscillators and short-term momentum suggest the rebound may be driven by short covering or reactive interest, not broad underlying strength. Last time, it was highlighted that Ripple completed a $500 million strategic funding round led by major financial firms to support acquisitions and payment integrations. Previously it was noted that positive momentum in XRP was driven by factors including a breakout on the chart and improving sentiment according to market analysts.

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.
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