XRP Builds Bullish Pressure After Fed Cut — Can Bulls Break $3.13?
XRP is showing signs of mounting bullish pressure as it consolidates in a tight range between $2.90 and $3.13, according to market analyst DavidTheBuilder.
The cryptocurrency’s price action comes in the wake of the Federal Reserve’s decision to cut interest rates by 25 basis points, the first reduction since December, a move that could provide short-term support for risk assets.
The analyst believes that XRP’s inverse head-and-shoulders pattern is signaling bullish reversal with a breakout above $3.13 being the stepping stone toward unleashing stronger upward momentum.
DavidTheBuilder added, “From my perspective, an XRP daily close above $3.13 would be a strong signal. I’m watching that level closely. If it clears, I see $3.30–$3.40 as the next logical targets, with $3.80 still in play long-term. But if bulls lose $2.90, I’d expect a quick retest of $2.75 support before any further upside.”
At the time of this writing, XRP was trading at $3.12, according to CoinGecko data.
The Fed’s 25bps rate cut signals a more accommodative stance, typically fueling risk-on assets like cryptocurrencies. For XRP, this may attract increased trader inflows seeking higher returns amid lower traditional yields amid a German analyst predicting that a new all-time high (ATH) of $3.90 might happen soon.
REX-Osprey Debuts First U.S.-Listed ETFs Offering Direct Exposure to Dogecoin and XRP
In a landmark move for the cryptocurrency investment landscape, REX-Osprey™, the strategic partnership between REX Shares and Osprey Funds, has officially launched the first U.S.-listed exchange-traded funds (ETFs) providing spot exposure to Dogecoin (DOGE) and Ripple’s XRP.
The REX-Osprey DOGE ETF under the tag DOJE and REX-Osprey XRP ETF labelled as XRPR mark a significant milestone, offering investors a regulated and accessible way to participate directly in the performance of these high-profile digital assets.
Notably, XRPR offers direct exposure to spot XRP, a top digital asset powering fast, low-cost cross-border payments. The fund primarily holds spot XRP, with the remainder in XRP-backed ETFs, giving investors streamlined ETF access to a crypto asset with real-world payment utility.
On the other hand, DOJE is the first-ever Dogecoin ETF, providing direct spot exposure to one of the world’s largest cryptocurrencies, famed for its Shiba Inu mascot and vibrant global community.
By offering DOGE within a regulated 1940 Act fund, REX-Osprey opens seamless access to digital assets through traditional brokerage accounts, pioneering first-to-market spot cryptocurrency exposure for investors.
Unlike traditional ETFs tied to futures, these spot-based funds hold DOGE and XRP directly, letting investors track real-time prices. They provide U.S. investors with a transparent, regulated way to access cryptocurrencies without managing wallets or exchanges.
This launch taps into growing investor interest in secure, liquid crypto exposure. Dogecoin has evolved from a meme token into a widely adopted digital currency for payments and tipping, while XRP remains a key player in cross-border payments, offering investors a digital asset with real-world financial utility.
Therefore, the roll out of REX-Osprey’s DOGE (DOJE) and XRP (XRPR) ETFs marks the U.S. debut of regulated, spot-based crypto ETFs, providing investors a new, accessible way to diversify portfolios and participate in the fast-growing digital asset market.
Conclusion
The launch of REX-Osprey DOGE and XRP ETFs marks a milestone for U.S. investors, blending regulatory oversight with direct cryptocurrency exposure.
These spot-based ETFs offer a simple, secure, and liquid way to access leading digital assets, enabling broader participation, portfolio diversification, and engagement with top cryptocurrencies.
Meanwhile, XRP is at a critical juncture, as technical signals and the Fed’s rate cut set the stage for bullish momentum. A clear break above $3.13 could trigger further gains, positioning XRP as a must-watch asset for traders and investors navigating the evolving crypto market.