XRP Dumps 10% as Viral $15 ‘Squeeze’ Model Emerges

• The first spot XRP ETF (XRPC) had a successful debut, recording $58.5 million in trading volume, outperforming Solana’s ETF debut.
• A new price impact model projects XRP price range of $4.50 to $15.00 within 30 days as institutional demand outstrips the 2.8 billion XRP available on exchanges.
• Other analysts note the drop is part of a market-wide “risk-off” move (with BTC near $95K) and that XRP’s real test is at the $1.98 support level.

The debut of the first spot XRP ETF has created a sharp disconnect between market expectations and reality. The new $XRPC ETF’s launch was statistically successful, recording over $58.5 million in trading volume to outperform Solana’s ETF debut. However, the event was met with a steep price rejection, with XRP currently trading near $2.25.

Related: XRP’s ‘Sell the News’ Moment: Crashes 10% Within 24 Hours of Its First U.S. Spot ETF Launch

XRP Price Reaction: Not What Traders Expected

Despite the strong ETF debut, the XRP price did not show the explosive breakout that many traders predicted. XRP is currently trading near $2.25, and instead of a bullish parabolic surge similar to Solana and Hedera (HBAR) during their ETF moments, XRP faced selling pressure and dipped, surprising many investors.

More XRP ETFs Set To Launch

The coming days are expected to be even more eventful as multiple additional XRP ETFs are scheduled to launch throughout the week. 

One of the most anticipated launches is from Franklin Templeton on the 18th, which has created fresh discussion around institutional demand and long term adoption.

XRP Price “Liquidity Shock” Model Targeting $15

A new price model for XRP is circulating among crypto analysts and research groups. It is based on the idea that large ETF inflows could create a liquidity shock if the available supply on exchanges remains limited. 

The model example assumes 5 to 20 XRP ETFs, each starting with $10M to $45M in seed capital. Based on this calculation, the projected price range is around $4.50 to $15.00 within 30 days, and $7.00 to $24.00 within 60 days.

The theory is built on how institutions buy. Analysts say the estimated available XRP on exchanges is around 2.8 billion tokens, while OTC desks may handle early demand.

XRP Short-Term Analysis

Some people are saying XRP dropped because of the ETF launch, but one expert said the whole crypto market is down and Bitcoin is near $95,000, so the move is not only about XRP. He added that XRP has actually been holding up well so far and the real question is whether it will decouple later or if the price reaction is just delayed.

In the short term, XRP price is moving sideways with no strong sign of a bottom yet. The price could still dip toward $1.98 before a full recovery, and a clear breakout above $2.69 to $2.84 is needed to confirm an uptrend.

Related: Ripple CTO Says XRPL Functions Like Bitcoin with Extra Features, Not a Passive Income Tool