- XRP remains in an accumulation phase, consolidating within a key range, with potential breakout scenarios depending on market triggers.
- Nasdaq’s filing for an XRP ETF could boost institutional adoption, but regulatory approval remains uncertain.
The XRP price is currently in an accumulation period, with movement restricted to the range of $2.2629 to $2.5090. The most recent analysis from Linda Trading indicates that the asset has not shown any indicators of deviating from the continuous consolidation trend. The price movement is still sideways, gathering liquidity before finally determining the next direction.
Linda Trading highlighted that although there was a slight increase after the liquidity clearing below the key level, it was not strong enough to confirm a solid uptrend. She said:
“XRP price is still in accumulation, market manipulation continues to occur, the trend has not been broken, and the market is waiting for a major trigger.”
Two Possible Scenarios
Traders must be alert since two events could occur in the not too distant future. Should XRP surpass the $2.5090 mark and remain above it, there is a likelihood that the price would rise once more toward $2.80 to $3.00. On the other hand, should XRP drop below $2.2629, the price may test the liquidity zone of $2.00 or possibly $1.80 before rebounding.
Investors are cautioned not to hurry into choices before a definite direction is confirmed since volatility is still high.
XRP and Litecoin ETFs: A Big Step Towards Institutional Recognition
On the other hand, Nasdaq has submitted a Form 19b-4 to the US Securities and Exchange Commission (SEC) seeking permission for trading and listing of XRP and Litecoin ETFs run by CoinShares. This action corresponds with CoinShares’ S-1 disclosure in January 2025, which indicated a significant attempt to get XRP near to the traditional financial markets.
Should the regulator approve these ETFs, investors will have the choice to expose themselves to XRP without personally owning the asset. The Litecoin ETF will follow the Litecoin index from the same supplier; the XRP ETF will follow the Compass Crypto Reference Index XRP.
This could be a significant step in increasing the adoption of XRP by financial institutions that have so far been hesitant to invest directly in crypto.
Not only CoinShares, but several other companies, including Bitwise, 21Shares, WisdomTree, and Canary Capital, have also submitted similar ETF applications. This represents the growing institutional curiosity in digital assets as a long-term investing tool.
Current XRP Price and Short-Term Outlook
XRP was trading at about $2.51 at the time of writing, up 2.71% over the past 24 hours. Looking at the movement over the past 7 days, though, the price has stayed the same with no significant swings.
The market is still in alert mode with the XRP ETF application waiting for the SEC’s judgment mixed with continuous price accumulation. Should this ETF application be approved, the possibility for a rise may be considerably more pronounced. Should the reverse occur, XRP may once more face selling pressure.
