XRP Price Prediction: Will ETF-Driven Supply Shock Propel Prices Above $2?

#XRP

• XRP trades at $2.0349, testing critical Bollinger Band support at $2.0578 amid mixed technical signals
• Bitwise XRP ETF launch tomorrow and institutional purchases create bullish supply shock potential
• MACD shows neutral momentum while price remains below 20-day MA resistance at $2.3160

XRP Price Prediction

Technical Analysis: XRP Shows Mixed Signals Near Critical Support

XRP currently trades at $2.0349, hovering just above the Bollinger Band lower boundary of $2.0578. According to BTCC financial analyst James, 'The price sitting below the 20-day moving average of $2.3160 suggests near-term bearish pressure, but the MACD reading of 0.0006 indicates potential momentum stabilization. A sustained break below the $2.0578 support could trigger further declines toward $1.95.'

Market Sentiment: ETF Launch and Institutional Interest Offset Technical Weakness

Despite technical headwinds, market sentiment appears cautiously optimistic. BTCC financial analyst James notes, 'The imminent Bitwise XRP ETF launch with Coinbase custody, combined with Dave Portnoy's $1 million purchase during the downturn, creates significant institutional tailwinds. However, the exploration of native staking without PoS introduces regulatory uncertainty that may temper short-term enthusiasm.'

Factors Influencing XRP's Price

Bitwise XRP ETF Set to Launch Tomorrow with Coinbase Custody

Bitwise's XRP ETF, trading under the ticker $XRP, is scheduled to debut tomorrow on NYSE Arca. Coinbase will serve as custodian, adding institutional credibility to the fund. The launch marks a significant milestone for XRP, providing investors with direct exposure through a spot ETF structure.

Grayscale and Franklin Templeton are also preparing XRP ETFs, with filings indicating a potential November 24 launch. This wave of crypto ETF activity signals growing institutional acceptance of digital assets beyond Bitcoin and Ethereum.

Bloomberg analyst James Seyffart confirmed the listing's appearance on the terminal, noting the active fund description page. The ETF's structure avoids the complexities of futures-based products, offering pure price exposure to XRP's market movements.

RippleX Explores Native Staking Design for XRPL Without PoS Model

RippleX has initiated discussions on introducing native staking to the XRP Ledger (XRPL), a move that could reshape its utility amid growing institutional interest. The proposal, led by Head of Engineering Ayo Akinyele, acknowledges XRPL's unique design—burning transaction fees rather than rewarding validators—and seeks solutions compatible with its existing consensus mechanism.

CTO David Schwartz proposed two technical models to enable staking without altering XRPL's foundation. Community feedback highlights concerns over governance risks and validator clustering, underscoring the delicate balance between innovation and protocol integrity.

The exploration follows the launch of the first XRP spot ETF and rising tokenized asset adoption, signaling RippleX's strategic pivot to capitalize on market momentum while preserving XRPL's core architecture.

XRP ETFs May Absorb Entire Circulating Supply Within 12 Months, Analyst Warns

Institutional demand for XRP through spot ETFs could exhaust the token's available supply within a year, according to analyst Chad Steingraber. His projections suggest the market has yet to price in the potential scale of ETF-driven inflows.

The analysis underscores a growing consensus among XRP proponents: ETF adoption would create unprecedented buy-side pressure. Current circulating supply would be rapidly depleted at even moderate institutional allocation levels.

Jake Claver Foresees Triple-Digit XRP Amid ETF-Driven Supply Shock

Digital Ascension Group CEO Jake Claver and the Good Evening crypto podcast hosts warn of an impending liquidity crunch for XRP. Their analysis suggests a perfect storm of ETF demand, institutional accumulation, and regulatory clarity could propel the asset toward unprecedented valuations.

The discussion highlights parallels to Bitcoin's pre-ETF accumulation phase, where limited circulating supply met exponential institutional demand. Market observers note similar patterns emerging in XRP markets, with OTC desk activity suggesting sophisticated investors are positioning ahead of potential ETF approvals.

Expert Shares Target as XRP Loses Breakout Level

XRP faces mounting bearish pressure as prices drift lower, with a prominent analyst identifying key downside targets. The token's weakness mirrors broader market consolidation, reflecting diminished risk appetite across crypto assets.

Technical indicators suggest further downside potential unless buying volume materializes. Market participants await either a reversal pattern or confirmation of the bearish trajectory.

XRP Shows Signs of Potential Rebound Amid Market Uncertainties

Despite broader crypto market volatility, XRP is exhibiting early signals of a price recovery driven by retail investor sentiment. The asset's brief rally on Tuesday failed to sustain momentum, reflecting the fragile nature of current market conditions.

Analysts note that while macroeconomic headwinds persist, XRP's on-chain activity and social volume suggest accumulating interest at lower price levels. The token remains one of the few large-cap assets yet to reclaim its 2021 highs, leaving room for speculative upside if market structure improves.

RippleX Explores Native XRP Staking on XRP Ledger

RippleX has initiated discussions within the XRP community about implementing native staking on the XRP Ledger (XRPL). The engineering team is evaluating how this feature could be integrated, marking a potential shift for the decade-old blockchain.

Despite its longevity, XRPL has lagged behind competing networks in decentralized finance due to technological constraints. The introduction of staking could address this gap, aligning the ledger with industry trends toward proof-of-stake mechanisms.

Dave Portnoy Makes $1M XRP Purchase Amid Market Downturn

Barstool Sports founder Dave Portnoy, a prominent trader with 3.7 million X followers, disclosed a seven-figure crypto acquisition during Monday's market slump. The purchase included over $1 million worth of XRP, part of a broader $2 million crypto buying spree.

Portnoy's move echoes growing institutional interest in digital assets during price corrections. His public endorsement of XRP, a cryptocurrency embroiled in regulatory battles, signals continued confidence in the asset's long-term viability despite market turbulence.

MoonPay Confronts Persistent Criticism Over XRP Posts

MoonPay, a leading cryptocurrency trading platform, has publicly responded to the sustained backlash it faces whenever engaging with XRP-related content on social media. The digital asset, despite its polarizing reputation, maintains a robust following among retail traders, institutions, and major exchanges.

XRP's divisiveness contrasts sharply with its adoption metrics. Regulatory clarity and high-profile partnerships continue to fuel its relevance in payments infrastructure. Market observers note the irony: no other top-10 cryptocurrency elicits such vehement reactions—both positive and negative—from the crypto community.

Will XRP Price Hit $2?

XRP is currently trading at $2.0349, already above the $2 threshold. However, maintaining this level presents the real challenge. The technical setup shows the price testing crucial support at the Bollinger Band lower boundary of $2.0578. BTCC financial analyst James suggests, 'While current prices exceed $2, the convergence of ETF-driven demand and potential supply shocks could create sustained upward pressure, though technical resistance near $2.3160 may cap near-term gains.'