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4h ago

XRP Rebounds to Mid-$2s on Heavy Institutional Buying as $2.60 Test Looms

Aggressive dip-buying restored billions in value, sharpening focus on resistance near $2.60–$2.66.

Xrp price back to $2.5 after 40% drop, is more upside coming?
Xrp price prediction: whales accumulate — is a breakout brewing?
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Overview

  • XRP added roughly $30 billion in market value as prices climbed from about $2.37 to $2.58, logging one of the year’s heaviest sessions with institutional prints leading breakouts, according to CoinDesk.
  • The rebound followed a tariff-driven flash crash to lows between roughly $1.25 and $1.64, with over $150 million in XRP futures liquidated and open interest down 6.3%, Brave New Coin reported.
  • Short‑term structure now centers on support around $2.40–$2.50 and resistance at $2.59–$2.66, with technicians watching for sustained closes above that band to open $2.70–$2.75 and potentially $3.00+.
  • On‑chain and exchange data point to whale accumulation and large flows off trading venues, while spot volumes jumped to multiples of the 30‑day average during the recovery.
  • Institutional and product narratives remain key, with RLUSD cited as easing large XRP purchases, companies like Reliance Global and VivoPower adding XRP to treasuries, Ripple’s Hidden Road acquisition expanding prime‑brokerage access, and speculation about spot XRP ETFs flagged as a possible future catalyst.