Charts
DataOn-chain
VIP
Market Cap
API
Rankings
CoinOSNew
CoinClaw🦞
Language
  • 简体中文
  • 繁体中文
  • English
Leader in global market data applications, committed to providing valuable information more efficiently.

Features

  • Real-time Data
  • Special Features
  • AI Grid

Services

  • News
  • Open Data(API)
  • Institutional Services

Downloads

  • Desktop
  • Android
  • iOS

Contact Us

  • Chat Room
  • Business Email
  • Official Email
  • Official Verification

Join Community

  • Telegram
  • Twitter
  • Discord

© Copyright 2013-2026. All rights reserved.

简体繁體English
|Legacy

XRP ETF Hopes Drive Ripple-Linked Token Bulls to Target $2.65

CN
coindesk
Follow
4 months ago
AI summarizes in 5 seconds.


Institutional flows accelerated Tuesday as XRP broke from broader crypto weakness, posting steady gains amid improving regulatory clarity and controlled accumulation across key support zones.

News Background

  • XRP climbed 1.55% to $2.53 in Tuesday’s session, outperforming the broader crypto market by 2.33 percentage points. The advance came as investors continued building positions on renewed optimism around regulatory progress and ETF developments, while broader digital assets traded mixed.
  • Canary Capital, Bitwise, Franklin Templeton, and 21Shares filed amended S-1 registration statements for spot XRP exchange-traded funds, introducing standardized listing language designed to streamline SEC review under existing 8(a) procedures.
  • The five spot XRP ETFs have been listed on DTCC ahead of a potential US launch this month.
  • Trading volume surged 20.71% above the seven-day average, confirming institutional participation. Market data showed 140.2 million tokens changing hands during the peak of the session—86% above the 24-hour moving average—underscoring sustained professional flows at higher price levels.
  • XRP’s move contrasts with sector underperformance, highlighting the token’s decoupling as regulated exposure expands globally and on-chain data points to controlled accumulation among large holders.

Price Action Summary

  • XRP traded within a $0.13 intraday range, advancing from $2.47 to $2.54 while forming higher lows at $2.45, $2.50, and $2.52.
  • The breakout attempt at $2.57 met resistance as profit-taking emerged, though buyers held firm above the $2.52-$2.53 zone to confirm short-term support.
  • Volume distribution showed disciplined accumulation rather than speculative spikes, with buying concentrated around mid-range levels—consistent with institutional scaling behavior.
  • Late-session trading printed sustained bid activity above $2.52 as volatility normalized from early-session highs.

Technical Analysis

  • XRP maintains its ascending structure on the 4-hour chart, with RSI at 58 supporting further upside potential. MACD remains positive with a widening histogram, indicating strengthening short-term momentum.
  • The token’s failure to break above $2.57 resistance highlights near-term consolidation risk, though the broader uptrend remains intact as long as price holds above $2.50.
  • Volume patterns reinforce constructive positioning: the 21% increase above average coincided with stable volatility bands, suggesting controlled accumulation.
  • Order book depth across major exchanges shows consistent buy-side layering between $2.48 and $2.52—an early signal of institutional defense ahead of macro catalysts.

What Traders Should Know

  • XRP’s ability to hold above $2.50-$2.52 remains key to sustaining bullish momentum.
  • A daily close above $2.57 would confirm breakout continuation targeting $2.65-$2.70, while failure to defend support could trigger a corrective move toward $2.45-$2.47.
  • Analysts note that ETF progress and Ripple’s increasing institutional partnerships continue to underpin long-term confidence, though short-term overextension risks warrant caution ahead of major data releases later in the week.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

复活节狂欢,瓜分1万USDT!
广告
|
|
APP
Windows
Mac
Share To

X

Telegram

Facebook

Reddit

CopyLink

|
|
APP
Windows
Mac
Share To

X

Telegram

Facebook

Reddit

CopyLink

Selected Articles by coindesk

7 minutes ago
Bitcoin’s crashes are shrinking, and Wall Street is starting to notice
42 minutes ago
OpenAI raises a record $122 billion as revenue crosses $2 billion per month
1 hour ago
Grayscale’s research head says tokenization will happen in waves and explains how to play it
View More

Table of Contents

|
|
APP
Windows
Mac
Share To

X

Telegram

Facebook

Reddit

CopyLink

Related Articles

avatar
avatarbitcoin.com
1 minute ago
Altcoins Reclaim $1 Trillion Threshold Following Trump’s Middle East Update
avatar
avatarcoindesk
7 minutes ago
Bitcoin’s crashes are shrinking, and Wall Street is starting to notice
avatar
avatarcoindesk
42 minutes ago
OpenAI raises a record $122 billion as revenue crosses $2 billion per month
avatar
avatarbitcoin.com
1 hour ago
Bitcoin Stalls in Tight Range as Momentum Weakens Beneath Resistance at $69K
avatar
avatarDecrypt
1 hour ago
Algorand, Stable Lead Double-Digit Altcoin Surge as Bitcoin Tops $69K
APP
Windows
Mac

X

Telegram

Facebook

Reddit

CopyLink