Ripple (XRP) traders are looking forward to a new wave of ETF issuances to revive the bull market trend.

CN
3 hours ago

Key Points:

Four spot XRP ETFs are set to launch on major exchanges in the United States, injecting institutional capital into the XRP market.

The XRP price must re-establish $2.20 as a support level to continue climbing towards $2.60.

XRP is about to welcome a milestone week with the issuance of spot ETFs, which could unleash billions of dollars in institutional funds. After finding support at $2.20, XRP traders are hopeful that the ETF issuance will serve as an ideal catalyst to push the price up to $2.60.

The four spot XRP ETFs are expected to be approved this week, with three more anticipated to launch within the next 21 days.

Canary Capital's XRPC debuted on Nasdaq on November 13, with a record trading volume of $58 million on its first day and inflows reaching $245 million, outperforming all 900 ETF issuances in 2025. This achievement surpassed the Bitwise Solana ETF (BSOL) launch on October 28, triggering a bullish rotation among traders who are now betting on an XRP rise.

REX/Osprey's XRPR made its debut on September 18, with nearly $38 million in trading volume on its first day, leading to an 18% increase before the launch and quickly accumulating $150 million in assets under management.

JPMorgan forecasts that the XRP ETF could attract between $4 billion and $8 billion in inflows in its first year.

From a technical analysis perspective, XRP faces a critical test around the $2.20 mark. Since the market crash on October 10, this price level has served as a support.

Re-establishing this level will increase the likelihood of a rebound, with the first major resistance located between $2.34 and $2.41, where all major moving averages converge.

Crypto analyst Marzel noted in a post on X platform on Monday: "$XRP is consolidating in a flag pattern above $2, suggesting a potential bottom formation." He further stated:

CoinGlass's liquidation heatmap shows that liquidity is being consumed around the $2.20 mark, with a large cluster of sell orders between $2.34, $2.41, and $2.67. This indicates that the upside potential for XRP may be limited near these levels in the short term.

Related: Coinbase Executive: There is a "huge gap" in investor interest between Ripple (XRP) and Solana (SOL)

This article does not constitute any investment advice or recommendation. All investment and trading activities carry risks, and readers should conduct their own research before making decisions.

Original article: “XRP Traders Hope Fresh Wave of ETF Launches Will Restore the Bull Trend”

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