Bulls Target .65 in Next Move for Ripple-Linked Token

Bulls Target $2.65 in Next Move for Ripple-Linked Token

Institutional capital flows accelerated on Tuesday as XRP emerged from widespread crypto vulnerabilities, posting steady gains amid increased regulatory clarity and managed accumulation across key support zones.

news background

  • XRP rose 1.55% to $2.53 in Tuesday trading, outperforming the broader crypto market by 2.33 points. The advance came as investors continued to build positions based on new optimism surrounding regulatory developments and ETF developments, while a wide range of digital assets traded mixedly.
  • Canary Capital, Bitwise, Franklin Templeton, and 21Shares have filed an amended S-1 registration statement for their Spot XRP exchange-traded fund, implementing standardized listing language designed to streamline SEC review under existing 8(a) procedures.
  • Five Spot XRP ETFs have been listed on DTCC ahead of their US launch this month.
  • Volume was 20.71% above the 7-day average, confirming the participation of institutional investors. Market data shows that 140.2 million tokens traded at the peak of the session, which was 86% above the 24-hour moving average, confirming the continued flow of professionals at higher price levels.
  • XRP’s move contrasts with the sector’s underperformance, highlighting the token’s decoupling as regulatory exposure expands globally and on-chain data shows controlled accumulation among large holders.

Overview of price fluctuations

  • XRP traded within a range of $0.13 during the day, rising from $2.47 to $2.54 and forming lows at $2.45, $2.50, and $2.52.
  • A breakout attempt at $2.57 was met with resistance as profit-taking emerged, but buyers held firm above the $2.52-$2.53 zone to confirm short-term support.
  • The volume distribution shows disciplined accumulation rather than a speculative surge, with buying concentrated around the mid-price range, consistent with institutional expansion behavior.
  • Bidding activity continued above $2.52 in late trading as volatility normalized from early session highs.

technical analysis

  • XRP maintains an ascending structure on the 4-hour chart, with the RSI supporting further upside potential at 58. The MACD remains positive and the histogram is widening, indicating short-term momentum is strengthening.
  • The token’s failure to break through the $2.57 resistance highlights short-term consolidation risks, but as long as the price stays above $2.50, the broader uptrend remains intact.
  • Volume patterns reinforce constructive positioning. The above-average 21% increase is consistent with a stable volatility band, suggesting controlled accumulation.
  • Order book depth on major exchanges shows consistent stratification on the buy side between $2.48 and $2.52, an early sign of institutional defense ahead of the macro catalyst.

What traders need to know

  • Whether XRP can sustain above $2.50-$2.52 will be key to continuing its bullish momentum.
  • A daily close above $2.57 would confirm a continuation of the breakout with a target of $2.65-2.70, while failure to protect support could trigger a correction move towards $2.45-2.47.
  • Analysts said that while ETF developments and Ripple’s growing partnerships with institutional investors continue to support long-term confidence, they should be wary of the risk of short-term overextension ahead of key data releases later in the week.

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