XRP has rebounded by over 4%, trading near $1.38 as US spot XRP ETFs record their 11th consecutive day of inflows. Could institutional demand drive it to $2?

  • XRP price jumped over 4%, currently trading around $1.38.
  • US spot XRP ETFs have logged 11 straight days of net inflows.
  • Technical support is firmly established in the $1.35–$1.38 zone.
  • Institutional interest is rising, with wealth managers showing high engagement.

The cryptocurrency market is witnessing a significant shift as XRP experiences a bullish reversal. After slipping to $1.32 on Wednesday, the asset has bounced back by more than 4%, currently trading at $1.38. This recovery coincides with a powerful macro trend: US spot XRP ETFs have recorded their 11th consecutive day of net inflows, signaling a massive influx of capital into the ecosystem.

During a recent industry event, Bitwise research analyst Ryan Rasmussen noted a surprising trend. Among a lineup of heavyweights including Bitcoin and Solana, XRP generated the highest volume of questions from approximately 400 attending wealth managers. While 67% of these professionals currently hold no crypto exposure, a staggering 60% expressed intent to build positions within the next year, anticipating higher prices by the end of 2026.

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Why This Matters

BozokMedia analysis shows that XRP is undergoing a fundamental transition. The persistent ETF inflows suggest that XRP is moving away from being a purely retail-driven speculative asset toward becoming a regulated, institutional-grade component of diversified financial portfolios.

The disconnect between current crypto ownership among wealth managers and their future intent suggests a massive liquidity wave could be coming.

From a technical perspective, XRP has been forming a descending triangle pattern since its August peak near $1.70. The $1.35–$1.38 range is currently acting as a critical support zone, reinforced by the 200-day Exponential Moving Average (EMA). If buyers can successfully push the price above the $1.55–$1.60 resistance, the path clears for a rally toward $1.72, $1.86, and eventually the psychological milestone of $2.00.

However, investors should remain cautious of the overhead resistance near $1.40. A failure to reclaim this level could see XRP slip back toward the $1.22–$1.25 support zone. The market is currently in a 'wait-and-see' mode, looking for confirmation that the institutional interest noted by wealth managers translates into actual market buying.

Did You Know?: XRP is designed for high-speed, low-cost international settlements, making it a favorite for banking infrastructure discussions.

Frequently Asked Questions

1. What is driving the current XRP price increase?
The primary drivers are the 11-day streak of net inflows into XRP ETFs and growing interest from institutional wealth managers.

2. What is the key resistance for XRP?
XRP needs to clear the $1.40 resistance level to establish a strong bullish trend toward $2.