XRP Holds Firm at $2.18 Support Post-ETF Launch—Traders Bet on Next Leg Up

XRP’s price floor just got a stress test—and it’s holding. The $2.18 support level shows resilience after the ETF market debut, defying skeptics who called it ’wishful thinking’ during last quarter’s consolidation.

Key drivers: Institutional inflows from the new crypto ETF wave are propping up liquidity, while Ripple’s escrow unlocks now look priced in. Retail FOMO? Still brewing.

Cynic’s corner: Wall Street’s ETF packaging of what they once called ’unregistered securities’ remains deliciously ironic—but traders will take the liquidity either way.

What It Means for XRP and the Market

XRPH11 comes at a good time. XRP funds led crypto ETP inflows last week with $37.7M – a big sign of institutional interest. JPMorgan predicted crypto ETPs could see up to $8B in inflows, so there’s a lot of upside.

But risks are there. Brazil’s Solana ETF saw little demand and XRPH11 might face the same if volume doesn’t pick up.

For XRP’s price, a slow start could mean short term volatility, but a steady AUM growth would mean price stability over time.

• XRP Fund Weekly Inflow: $37.7M
• Global Crypto ETP Potential: $8B inflows
• Brazil Crypto Market Share: 0.9% of global AUM

U.S. XRP ETF Approval: Just Around the Corner?

While Brazil leads, U.S. approval is still a work in progress. Firms like Grayscale and Bitwise have filed XRP ETF applications and the Polymarket prediction market gives 74% chance of U.S. approval in 2025.

With the new SEC Chair Paul Atkins being pro-crypto, things might move faster.

Nate Geraci, ETF Store president, thinks XRP ETF approval is “a no brainer” and expects big players like BlackRock and Fidelity to jump in.

If approved, a U.S. listed XRP ETF could unlock institutional demand and supercharge XRP’s long term growth.

XRP Price Outlook: Bulls Target $2.33 Breakout

Technically, XRP/USD is at $2.17, above a trendline that has been support since mid April. 50 EMA ($2.16) is holding and immediate resistance at $2.27 is the next target.

A breakout above this level could take XRP to $2.33 and $2.40.

• Buy breakout: Above $2.27
• Targets: $2.33 and $2.40
• Stop-loss: Below $2.16

Volume confirmation is key – patience will reward disciplined entries over emotional trades.