XRP’s Strategic Pullback: A $2.40 Correction Paves Way for Stronger Rally Amidst $93M Institutional Inflows

As of October 15, 2025, XRP is demonstrating a fascinating market dynamic where short-term correction appears to be setting the stage for longer-term gains. According to prominent analyst EGRAG Crypto, XRP faces approximately 70% probability of undergoing a corrective movement toward the $2.35-$2.40 price range before resuming its upward trajectory. This temporary pullback is being viewed by market experts as structurally healthier than an immediate continuation of the rally, suggesting that such consolidation could establish stronger foundations for future price appreciation. The anticipated correction represents a strategic pause that allows the market to absorb recent gains and build momentum for the next leg upward. Meanwhile, institutional interest in XRP remains remarkably strong, with recent data showing that XRP products attracted $93.1 million in weekly inflows, positioning it as the second-most popular cryptocurrency asset among institutional investors. This substantial capital injection indicates continued confidence in XRP's long-term prospects despite the expected short-term volatility. Bloomberg analyst Eric Balchunas has further highlighted the growing significance of alternative cryptocurrencies in institutional portfolios, with XRP maintaining a prominent position. The combination of technical analysis pointing to a healthy correction and robust institutional support creates a compelling narrative for XRP's market trajectory. Market participants are closely monitoring these developments, recognizing that such corrections often present strategic entry points before significant upward movements. The current market sentiment suggests that while temporary price adjustments are expected, the underlying fundamentals and institutional interest continue to support XRP's bullish outlook in the evolving cryptocurrency landscape.

XRP Price Eyes $2.40 Correction Before Resuming Rally as Analysts Predict Healthy Flush

XRP faces a likely 70% probability of a corrective move toward $2.35-$2.40 before resuming its upward trajectory, according to analyst EGRAG Crypto. The temporary pullback is viewed as structurally healthier than an immediate continuation of the rally. Meanwhile, XRP products attracted $93.1 million in weekly inflows, ranking second among crypto assets.

Bloomberg analyst Eric Balchunas notes that altcoin ETF approvals in the U.S. now carry 100% certainty following SEC guidance changes. XRP's price action reflects this volatility, having lost the $3 level on Sept. 18 and declining 1.35% in the past 24 hours. A fair value gap between $2.35 and $2.40 remains the critical zone for a potential rebound.

XRP Breakout: Price Holds Key Support as ETFs Drive Momentum

XRP has entered a pivotal phase in its evolution, buoyed by regulatory clarity and growing institutional interest. The resolution of Ripple's legal battle with the SEC in March 2025 confirmed XRP's non-security status for secondary transactions, removing a longstanding barrier to adoption. This decision has reshaped market sentiment, with financial institutions now actively exploring the token's role in payment networks and investment strategies.

The launch of the REX-Osprey XRP ETF (XRPR) underscores this shift, recording $37.7 million in first-day trading volume. BlackRock's recent involvement signals further institutional validation. Despite broader market volatility, XRP continues to defend critical support levels as ETF applications and regulatory milestones fuel momentum.

SEC Opens Door for Ripple, Coinbase, and BitGo to Serve as Qualified Crypto Custodians

The U.S. Securities and Exchange Commission has issued a no-action letter allowing investment advisers to use state-chartered trust companies like Ripple, Coinbase, and BitGo as qualified custodians for crypto assets. The move, dated Sept. 30, expands institutional access to regulated custody solutions under the Investment Advisers Act of 1940.

State-chartered trusts must meet stringent conditions, including oversight by U.S. state banking authorities, independent control reports, and GAAP-compliant financial statements. Custodial agreements must prohibit rehypothecation of client assets without consent, with additional safeguards like off-balance-sheet asset segregation and surprise audits.

The decision signals growing regulatory clarity for institutional crypto adoption, particularly for assets like XRP, given Ripple's inclusion. Coinbase's participation further solidifies its role as a bridge between traditional finance and digital assets.

XRP Consolidates Below Key Moving Averages as Bears Test $2.70 Support

XRP trades at $2.84, marking a 1.71% decline over the past 24 hours. The digital asset remains under pressure, hovering below both its 20-day and 50-day moving averages at $2.94. Despite near-term weakness, XRP maintains an 11.3% premium above its 200-day moving average, suggesting the broader uptrend remains intact.

Technical indicators paint a cautious picture. The RSI at 45.2 signals neutral conditions, while the MACD's negative histogram value of -0.0083 points to weakening momentum. Trading volume stands at $292.35 million, reflecting moderate participation as the market awaits a catalyst for the next decisive move.

XRP Consolidates at $2.85 Amid Profit-Taking and ETF Speculation

XRP's rally to $2.91 was abruptly halted by profit-taking, forcing the token into a tight consolidation range between $2.82 and $2.85. Despite early momentum, resistance at $2.91 proved formidable, with buyers stepping in to defend the $2.82–$2.84 zone. Trading volumes tapered into the close, leaving the market cap hovering NEAR $2.85.

Regulatory scrutiny intensified as reports revealed zero corporate buy orders on Binance, even as exchange reserves grew. Wall Street desks cautioned against premature bullish bets, emphasizing the need for a decisive breakout above $3.00 to confirm trend direction. Divergences in momentum indicators suggest near-term upside may be limited.

The token's $6 billion inflows over two days—fueled by treasury adoption and speculative positioning—failed to sustain the upward push. Late-session stabilization points to reduced selling pressure but underscores weak conviction among traders.

Ripple CTO David Schwartz Transitions to Board Role as 'CTO Emeritus'

Ripple's longtime chief technology officer David Schwartz announced he will step back from daily operations after more than a decade with the company. The architect of the XRP Ledger will transition to a board position, adopting the title of "CTO emeritus."

Schwartz revealed the MOVE in a social media post, emphasizing his continued involvement in the XRP ecosystem. "I'm not going away from the XRP community. You haven't seen the last of me," he wrote, hinting at ongoing technical contributions through independent node operation and use-case research.

The executive framed the shift as an opportunity to reconnect with hands-on development while maintaining advisory responsibilities. His announcement highlighted pending projects involving direct engagement with builders and open-source contributors.