XRP recently experienced a notable decline, prompting concerns among investors about a potential crash. Despite dropping over seven percent, the movement appears to be part of a broader market shakeout rather than a fundamental collapse. Analysts point to market manipulation and panic-driven selling as key drivers behind the downturn. Historical trends suggest that such shakeouts […]XRP recently experienced a notable decline, prompting concerns among investors about a potential crash. Despite dropping over seven percent, the movement appears to be part of a broader market shakeout rather than a fundamental collapse. Analysts point to market manipulation and panic-driven selling as key drivers behind the downturn. Historical trends suggest that such shakeouts […]

XRP Price Prediction: Could ETF Inflows Fuel a Short-Term Rally?

XRP Price Prediction: Could ETF Inflows Fuel a Short-Term Rally?

XRP recently experienced a notable decline, prompting concerns among investors about a potential crash. Despite dropping over seven percent, the movement appears to be part of a broader market shakeout rather than a fundamental collapse.

Analysts point to market manipulation and panic-driven selling as key drivers behind the downturn. Historical trends suggest that such shakeouts often precede recoveries, as smart money takes advantage of temporary price drops to accumulate positions.

The current environment is also influenced by broader financial conditions, including stock market pressure and uncertainty surrounding Federal Reserve policy decisions. Investors are reminded to focus on the long-term adoption of blockchain technology and the integration of XRP into banking and financial systems.

While volatility remains high, these periods create opportunities for disciplined participants to buy or add to their positions, positioning themselves for potential gains as the market stabilizes and matures.

Market Correction Pushes Bitcoin Below $100K, But Recovery Potential Remains

Bitcoin slipped below $100K again as the market navigated a combination of macroeconomic uncertainty, delayed economic data, and widespread liquidations. Over the past 24 hours, the total crypto market cap fell by 0.75%, now at $3.25 trillion, with 96 of the top 100 coins registering losses.

Source – Crypto Bubbles

This sharp move was driven by three primary factors rather than random volatility. Markets initially rallied on expectations that the U.S. government shutdown would end, only to decline once traders booked profits after the news.

The failure to release October economic data heightened fears of a potential recession. Meanwhile, corporate bonds linked to AI experienced heavy selling, signaling stress in sectors that had been supporting equities.

On the positive side, steep declines often prompt quicker responses from the Federal Reserve and government. Overall, this appears to be a temporary shakeout rather than a sustained reversal.

Source – Cilinix Crypto YouTube Channel

XRP Price Prediction

XRP is showing resilience despite mixed sentiment in the broader crypto market, maintaining its price levels while many altcoins decline. Technical indicators suggest that XRP remains correlated to Bitcoin, with an expected support range between $2.10 and $2.20 in the near term.

Should it hold this level, the token could rally toward $2.41, reflecting a potential short-term recovery. Relative strength against Bitcoin signals that XRP may outperform the market if conditions stabilize.

Market inflows and ongoing positive developments within the Ripple ecosystem provide additional support for the cryptocurrency. Overall, while external market pressures could influence short-term movements, XRP’s price trajectory indicates a cautiously optimistic outlook in the coming weeks.

Institutional Demand Surges as XRP Spot ETF Records $58 Million on Launch

Canary Capital’s XRPC, the first U.S. spot ETF providing direct XRP exposure, debuted Thursday with $58 million in trading volume, according to Eric Balchunas’ X post. This strong start highlights growing institutional interest in assets beyond BTC and ETH

The ETF provides access to XRP without requiring investors to hold the token directly, appealing to traditional investors seeking a regulated entry into crypto. Its in-kind swap structure also lowers trading costs and enhances tax efficiency, further increasing its attractiveness.

In-kind swaps in ETFs allow institutions to exchange XRP for shares, maintaining liquidity and stabilizing pricing. This approach reduces market slippage and supports larger trades without artificially inflating XRP’s price.

Initial Day 1 inflows indicate strong institutional interest in XRP’s potential and, more broadly, in crypto ETFs as an emerging investment category. Should this momentum persist, XRP’s price and market prominence could experience notable gains.

The spot XRP ETF finished its second trading day with $26 million in volume, according to Chad Steingraber. Although below initial intraday estimates, the results still indicate strong demand and continued engagement with newly listed XRP products in the U.S. market.

Store XRP Safely and Access Premium Features with Best Wallet App

With rising institutional adoption and clearer regulations, XRP is solidifying its position as a leading scalable digital asset. Users can conveniently store XRP in Best Wallet (BEST), a versatile non-custodial solution designed for both new and experienced crypto investors.

The platform’s native token, $BEST, is currently in presale, having already surpassed $17 million with only 13 days left to participate. By holding the token, users gain early access to upcoming token launches, reduced transaction fees, and enhanced staking rewards.

The platform supports over 90 blockchain networks and enables seamless cross-chain swaps, portfolio management, and secure storage of multiple crypto assets. Additionally, users retain full control of their private keys, benefiting from advanced anti-fraud mechanisms and top-tier security.

The upcoming Best Card further expands utility by offering cashback on purchases via Google Pay and Apple Pay while integrating staking incentives. Collectively, these features position Best Wallet as a convenient on-ramp and off-ramp for fiat, providing a regulated and user-friendly gateway into crypto.

Visit Best Wallet

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

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