How Will the XRP Price React to the ETF Launch | Credit: Derek Fenech
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Key Takeaways
The first XRP Exchange-Traded Fund (ETF) had significant volume.
The XRP price trades below critical diagonal and horizontal resistance levels.
Will the success of the XRP ETF drive the price higher, or will it fail to do so?
XRP has taken the crypto market spotlight once again, as the ETF launch was extremely successful, becoming the best-performing ETF with $58 million in day-one volume.
Despite the success of the ETF, the XRP price has crashed by more than 11% and risks breaking down from its long-term support pattern.
Let’s examine the charts and determine if the positive ETF flows can trigger a bullish trend reversal.
XRP’s Technical Analysis
The daily time frame price action indicates that XRP has been decreasing within a descending parallel channel since July 2025.
These channels usually contain corrective movements, which would bode well for XRP if true.
Today, the XRP price fell below the channel’s midline, confirming it as a resistance level.
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To confirm a trend reversal, XRP must first break out of the $2.60 horizontal area and then move above the channel’s resistance at $2.75.
Momentum indicators suggest that the XRP price is maintaining its upward momentum.
The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) created bullish divergences before the rally, coinciding with the bounce at the channel’s support trend line.
Currently, the RSI is moving above 50 while the MACD is almost 0, aligning with the possibility of a breakout.
Hence, the daily XRP prediction is mixed. The price action is bearish, but technical indicators suggest a rally could occur.
XRP’s Long-Term Prediction
While the daily time frame chart suggests a potential bounce, the weekly one indicates its exact opposite.
The weekly XRP price action indicates that the price may have reached its cycle top, following bearish divergences in the weekly RSI and MACD (orange).
Moreover, XRP trades inside an ascending parallel channel, which, as evidenced in the previous section, is a corrective pattern.
Since the channel is ascending, an XRP price decrease and crash are likely. The decreasing RSI and MACD also suggest that this will happen, since the former is below 50 while the latter is negative.
Once a breakdown happens, XRP could fall to its previous all-time high of $1.70. A possible breakdown below this level will confirm that the market cycle has ended and XRP will fall to new lows.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
