XRP may be gearing up for one of its most important weeks of the year as several long-awaited ETFs prepare to hit the market. Major players like Bitwise, 21Shares, Grayscale, and especially Franklin Templeton are entering the race — and Franklin Templeton’s ETF alone is expected to draw an estimated $150–$250 million in trading volume on day one. That kind of liquidity has many traders wondering whether it could finally breathe life back into XRP’s sluggish price action.
For now, the token is still struggling. XRP is trading near $2.11, down more than 15% this week and clinging to a crucial support zone. The market remains cautious, but momentum could shift quickly once these new ETFs go live.
ETF Buzz Builds as XRP Holds Key Support
Despite all the excitement, XRP has been stuck in a tight and choppy range. Prices are fluctuating between $2.10 and $2.30, showing that sellers remain in control for the moment. Market volume and momentum indicators are also leaning bearish.
However, institutional interest is quietly heating up in the background. Canary Capital’s Spot XRP ETF already delivered a strong start with $58 million in day-one volume. With more heavyweight issuers joining the lineup — including Franklin Templeton, Bitwise, 21Shares, and Grayscale — XRP is inching closer to broader mainstream adoption. If these funds attract even modest inflows, they could significantly impact the token’s short-term trajectory.
What XRP Needs for a Bullish Turn
A bullish reversal isn’t out of the question, but XRP still needs to break through some important barriers. The first target for bulls is the $2.20 level. A clean breakout above it would signal that buyers are stepping in again. Beyond that, the next resistance sits at $2.30, and flipping this zone could finally open the path toward $2.60.
Whether ETF launches will generate enough buying pressure to spark such a move remains the big question. Combined with ongoing upgrades to the XRP Ledger and renewed institutional attention, there is cautious optimism — but traders want confirmation.
Downside Risks: Why $2.10 Matters
If XRP loses its grip on $2.10, downside pressure could intensify quickly. The next meaningful support sits at $2.00, and below that, the chart becomes thin. With sellers still holding the upper hand, a deeper correction cannot be ruled out unless ETF-driven demand steps in.
XRP Price Prediction: Short-Term Outlook
Analysts are watching a few levels closely:
- Above $2.20 and $2.30: XRP could push toward $2.60, signaling a potential trend reversal.
- Below $2.10: More losses become likely, with $2.00 the next key stop.
For now, the short-term outlook remains slightly bearish. But with multiple ETFs launching and big institutions moving in, XRP may be one catalyst away from shaking off the pressure and attempting a stronger recovery.
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