XRP Tests $2.50 Support as ETF Inflows Rocket Past $115 Million - Bullish Momentum Building

XRP finds solid footing at $2.50 while institutional money floods in

ETF INFLOWS EXPLODE

Massive $115 million surge into XRP-focused ETFs signals growing institutional confidence. Wall Street finally waking up to what crypto natives knew years ago - though they'll probably take credit for the 'discovery' anyway.

SUPPORT LEVEL HOLDS STRONG

The $2.50 mark proves resilient as buyers step in aggressively. This isn't retail FOMO - this is smart money positioning for the next leg up.

TECHNICALS SCREAM BULLISH

Consolidation at key support with massive fund inflows creates perfect setup for breakout. Traditional finance pouring nine figures into crypto while still calling it a 'speculative asset' - the irony practically trades at a premium.

Get ready - when institutions move this hard, retail usually follows.

Crypto analyst XForceGlobal predicts XRP could reach $10 in the medium to long term. This target WOULD require the token to gain 285% from current levels. The prediction is based on Elliot Wave pattern analysis, which tracks price movements through multiple phases.

$XRP

Get ready for $10+ as a conservative wave 3 target.

There are minor market inefficiencies on the local timeframes, but the macro chart shows clear accumulation and a solid price floor after almost a year of distribution. pic.twitter.com/hGq0kL4vz1

— XForceGlobal (@XForceGlobal) October 29, 2025

According to XForceGlobal, XRP is currently in the second phase of the Elliot Wave pattern. This is typically a corrective phase before a larger upward move. The analyst expects the third phase to push prices toward the $10 level.

The $10 target would give XRP a market capitalization of over $520 billion. This would exceed Ethereum’s current valuation of $483 billion. XRP has achieved similar percentage gains before, jumping over 550% between November 2024 and January 2025.

ETF Approvals Drive Institutional Interest

The SEC approved spot HBAR, Solana, and Litecoin ETFs on Tuesday. Both products have already started trading. Analysts expect the agency to approve XRP ETF applications from Franklin Templeton and Invesco next.

Spot $XRP ETF momentum is building.

Multiple issuers filed S-1/A amendments in October, triggering the 20 day effectiveness window.

This means these ETFs can go live as soon as exchanges approve the listings.

A new phase for institutional $XRP access is approaching. ⚖️📈 pic.twitter.com/BETaQq6NNx

— XRP Update (@XrpUdate) October 29, 2025

The REX-Osprey XRP ETF has accumulated over $115 million in assets within one month of launch. This shows strong demand from American investors for XRP exposure through regulated products.

CME XRP Futures have reached $26 billion in notional value during their first five months. The futures market has been one of the most popular crypto derivatives products. These institutional products could drive more demand for XRP tokens.

Ripple recently launched Ripple Prime after acquiring Hidden Road. This new service could increase activity on the XRP Ledger network and boost usage of the RLUSD stablecoin.

Technical Pressure Mounts

XRP faced rejection at the $2.67 resistance level with trading volume spiking to 392.6 million tokens. This volume was 658% above the recent average, showing strong selling pressure at that price point.

$XRP : $13/$27 is inevitable. https://t.co/NwW0qLFYXx pic.twitter.com/jO5VcuxzpS

— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) October 29, 2025

The token dropped from $2.63 to $2.59 after the failed breakout. A further decline occurred around 04:04 UTC when XRP fell from $2.590 to $2.579 on volume 355% above the hourly average.

Support is holding NEAR $2.58 and the 200-day exponential moving average at $2.61. These levels are preventing further downside for now. Traders are watching whether XRP can bounce from this support zone.

On-chain data shows large XRP holders are selling their positions. This raises concerns about profit-taking after the recent 50% monthly gain. Futures open interest remains near early 2025 highs at approximately $2.9 billion.

RSI and MACD momentum indicators show divergence patterns. Price is making higher highs while momentum indicators show lower highs. This technical pattern often warns of potential corrections.

The $2.67-$2.69 zone now represents overhead resistance. A break above this level could target $2.70 to $3.00. However, a break below $2.58 support could push XRP down to $2.53 or $2.50.

XRP is currently trading at $2.63 on October 29, up 50% from its monthly low, with futures open interest near $2.9 billion.