XRP Price Prediction: Navigating Support Tests and Institutional Momentum

#XRP

• Technical Support Holding: XRP maintains critical support at $2.80 despite recent selling pressure, suggesting resilience at current levels
• Institutional Adoption Growing: Ripple's custody framework and $1.15B settlement demonstrate increasing institutional integration and real-world utility
• Regulatory Catalysts Pending: Potential ETF approval by October and ongoing regulatory developments could provide significant upward momentum

XRP Price Prediction

Technical Analysis: XRP at Critical Juncture

XRP is currently trading at $2.92, below its 20-day moving average of $3.079, indicating short-term bearish pressure. The MACD shows a positive momentum with the MACD line at 0.0212 above the signal line at 0.0026, suggesting potential upward movement. Bollinger Bands position the price NEAR the lower band at $2.7845, which often acts as support. According to BTCC financial analyst Mia, 'XRP is testing crucial support levels. A hold above $2.80 could signal a reversal toward the middle Bollinger Band at $3.079.'

Market Sentiment: Mixed Signals Amid Institutional Developments

Recent news presents a complex picture for XRP. Negative pressure comes from whale sell-offs and SEC delays, contributing to the 6% price slide. However, positive developments include Ripple's institutional custody framework, successful RLUSD settlements totaling $1.15B, and growing ETF assets in Canada reaching $285M. BTCC financial analyst Mia notes, 'While short-term pressure exists, institutional adoption and regulatory progress provide strong fundamental support. ETF approval expectations by October could be a significant catalyst.'

Factors Influencing XRP's Price

XRP Slides 6% Amid Whale Sell-Off Ahead of Powell Speech

Ripple's XRP faced intensified selling pressure this week, dropping 6% as altcoins broadly retreated. The decline marks a 13% loss over six days, breaching key technical supports including the 50-day moving average and the $2.95 level. Large holders moved 460 million tokens ahead of Federal Reserve Chair Jerome Powell's Jackson Hole address—an event historically linked to market volatility.

Technical charts show XRP breaking from a symmetrical triangle pattern, often a precursor to sharp price movements. Analysts warn of potential tests at $2.78, with $2.60 looming as critical support from spring accumulation. While the pullback follows an extended rally, the whale activity suggests strategic positioning against macroeconomic risks.

Ripple Unveils Four-Pillar Framework for Institutional Crypto Custody

Ripple has positioned digital asset custody as the linchpin for institutional adoption of crypto and tokenized finance. During a Singapore workshop with Blockchain Association Singapore, the company introduced four core principles designed to establish trust and compliance in institutional-grade custody solutions.

The framework emerges as traditional finance increasingly interacts with digital assets—from stablecoins to tokenized securities. Ripple executives argue that robust custody infrastructure will form the bedrock of tomorrow's financial systems.

Compliance by Design leads the framework, emphasizing built-in regulatory safeguards over retrofitted solutions. Singapore's MAS-style requirements for asset segregation and AML protocols serve as benchmarks. Tailored Custody Models recognize the need for flexible solutions across different asset classes and regulatory jurisdictions.

XRP Holds Key Support at $2.80, Signaling Potential Breakout

XRP has demonstrated resilience by holding the critical $2.80 support level, a zone reinforced by the 50-day moving average and high traded volume. The current retest appears bullish, with above-average buying activity suggesting institutional accumulation.

Market structure remains unequivocally positive—the token maintains a series of higher highs and higher lows since reclaiming its point of control earlier this year. This consolidation at a high-time frame support level often precedes explosive moves.

Traders are watching for a confirmed breakout above recent swing highs, which could propel XRP toward record territory. The alignment of technical factors—structural support, moving average confluence, and strong volume—creates a compelling risk-reward scenario for bulls.

Ripple’s RLUSD Facilitates $1.15B Bullish IPO in Historic Onchain Settlement

Bullish, a leading cryptocurrency exchange, has completed a landmark $1.15 billion initial public offering (IPO) on the New York Stock Exchange under the ticker BLSH. The offering marks the first time a public listing has been settled entirely onchain, with Ripple’s stablecoin RLUSD playing a pivotal role alongside other established stablecoins like USDC, EURC, and PYUSD.

The IPO underscores RLUSD’s rising prominence in capital markets and signals a broader shift in Wall Street’s acceptance of blockchain-based settlement infrastructure. Ripple celebrated the milestone, highlighting the XRP Ledger’s capability to mint and settle RLUSD for large-scale financial transactions.

This development sets a precedent for future public listings, demonstrating how stablecoins can streamline traditional financial processes. The use of RLUSD in such a high-profile deal reinforces the growing institutional adoption of digital assets and blockchain technology.

Ripple Joins TRM Labs’ Beacon Network to Fight Crypto Crime

Ripple has taken a decisive step in combating cryptocurrency-related crime by becoming a founding member of TRM Labs' Beacon Network. This real-time collaborative platform unites industry leaders and law enforcement to identify and halt illicit fund movements on the blockchain.

The initiative represents a significant advancement in blockchain security, creating proactive defenses against financial crime. By preventing tainted transactions from propagating across networks, the partnership aims to establish new standards for ecosystem integrity.

This strategic alignment between private sector innovation and regulatory oversight could accelerate institutional adoption of digital assets. The move underscores Ripple's commitment to fostering compliant blockchain infrastructure while maintaining the technology's core advantages.

XRP Tests Critical Support at $2.85 Amid Institutional Selling Pressure

Ripple's XRP faces a pivotal moment as it battles to maintain support above $2.85 following a 13% weekly decline. The selloff, triggered by major holders dumping 460 million tokens, has shifted market sentiment from bullish to cautious.

All eyes now turn to Fed Chair Jerome Powell's Jackson Hole speech on August 22, 2025. The address could either reignite risk appetite with dovish signals or accelerate selling pressure through hawkish rhetoric. Technical indicators paint a concerning picture - bearish RSI divergence and profit-taking signals suggest potential downside targets at $2.74 and $2.63.

The symmetrical triangle breakout attempt has stalled at $2.90, leaving traders questioning whether institutional selling has permanently altered XRP's trajectory. Market makers appear to be pricing in multiple scenarios ahead of Powell's macroeconomic guidance.

ETF Experts Predict XRP ETF Approval by October Amid SEC Delays

The U.S. Securities and Exchange Commission has deferred decisions on multiple XRP ETF applications, with new deadlines set for mid-October. Industry heavyweights including Bitwise, Grayscale, and 21Shares await rulings between October 18-25.

Nate Geraci, President of The ETF Store, suggests the delays indicate regulatory caution rather than rejection. Prediction markets currently price a 78% probability of approval by year-end, potentially opening floodgates for altcoin ETFs.

Market observers note the SEC's measured approach mirrors its handling of earlier Bitcoin ETF approvals, where extended reviews preceded landmark decisions. The potential October timeline coincides with expected clarity on the Senate's Clarity Act.

Canadian XRP ETFs Amass $285M in Assets Under Management

Canadian spot XRP exchange-traded funds have rapidly accumulated $285 million in assets under management, collectively holding nearly 100 million XRP tokens. The three funds—Evolve XRP ETF, Purpose XRP ETF, and 3iQ XRP ETF—have demonstrated robust demand since their launch two months ago, with institutional and retail investors alike gravitating toward these physically-backed products.

The Purpose XRP ETF leads the pack with $112.1 million CAD in AUM, followed closely by 3iQ's offering at $123.4 million CAD. Unlike derivative-based instruments, these spot ETFs directly custody XRP tokens, a feature that has attracted both crypto natives and traditional investors seeking exposure to Ripple's digital asset.

Market observers note the Canadian success story could foreshadow potential demand for a U.S. spot XRP ETF, should regulators approve such a product. The rapid accumulation of nearly 100 million XRP in Canadian funds suggests substantial latent institutional interest that could further catalyze XRP's liquidity and price discovery mechanisms.

XRP Faces SEC Delays and Market Pressure Amid Long-Term Optimism

Ripple's XRP dropped 3.68% to $2.89 this week as the SEC postponed ETF rulings, including Nasdaq's CoinShares bid, now deferred to October. The token's decline was exacerbated by a security audit ranking the XRP Ledger last among 15 blockchains, shaking investor confidence.

Despite short-term headwinds, XRP remains up 10% weekly with a $172 billion market cap. Analysts attribute the dip to profit-taking ahead of a potential rally, noting Robinhood's recent offloading of 5 million tokens. Long-term projections remain bullish, with some influencers claiming "XRP will never be below $3 again" despite regulatory friction.

Is XRP a good investment?

Based on current technical and fundamental analysis, XRP presents a compelling investment opportunity with measured risk. The cryptocurrency is testing key support at $2.80, which has historically acted as a strong foundation for upward movements. Technical indicators show mixed signals: while trading below the 20-day MA suggests short-term caution, the positive MACD divergence indicates building momentum.

Fundamentally, Ripple's institutional developments and potential ETF approvals create strong long-term prospects. However, investors should be aware of ongoing SEC uncertainties and market volatility. A strategic approach with dollar-cost averaging might be prudent for entry.