XRP’s price (XRP-USD) has been dancing around $2.14 this week, recovering from earlier swings between $2.00 and $2.24. But while broader crypto sentiment still feels shaky, XRP is starting to look like it has a shot at stability. A mix of legal progress and revived institutional appetite is helping build a more bullish tone—even as macro uncertainty lingers.
This move comes as the broader crypto market shows early signs of strength. Bitcoin has hovered around $84,000 while Solana (SOL-USD) leads gains. But XRP’s story is more nuanced—and potentially more explosive.
XRP ETF Filings Stoke Institutional Interest
One of the clearest catalysts is renewed ETF speculation. Franklin Templeton quietly amended its spot XRP ETF filing. While the Securities and Exchange Commission hasn’t made a decision yet, the update reignited speculation that XRP could soon get a product similar to Bitcoin’s spot ETFs, which helped drive BTC’s surge to $84K earlier this year.
If approved, a spot XRP ETF would open the floodgates for institutional money. It also signals that major financial players see long-term value in XRP’s role as a cross-border payments rail. That kind of validation alone is enough to push speculative buying—especially in a market this headline-sensitive.
Macro Sentiment Begins to Stabilize
Zooming out, macro factors are helping support the current price floor. As U.S. Federal Reserve Chair Jerome Powell dashed hopes of an imminent rate cut, crypto assets slipped—briefly. But Bitcoin’s quick rebound and XRP’s resilience suggest risk appetite is returning, just in a more cautious, data-driven way.
Meanwhile, comments from traders like Titan of Crypto and Jan3 CEO Samson Mow are keeping optimism alive. “Global money supply is going up, and eventually, this liquidity will go into Bitcoin,” said trader Ted. XRP benefits indirectly—when macro improves, altcoins with regulatory clarity and a clear use case often outperform.
XRP Price Levels to Watch in the Near Term
Right now, XRP is hovering around key technical levels. A break above $2.20 could signal further upside, while failure to hold $2.08 might bring short-term pressure
At the time of writing, XRP is sitting at $2.11.
