Can XRP ETF Launch Reverse the Downtrend?

Altcoin Analysis

Ripple News: Can XRP ETF Launch Reverse the Downtrend?

XRP investors are navigating mixed signals across the chart, but analysts say the bigger picture still favors bullish continuation.

Key Takeaways

  • Six low and mid-timeframes show XRP trading below the 21-EMA, but the monthly timeframe remains bullish.
  • EGRAG estimates a 55%-65% probability of XRP reaching $13 within 3–6 months if macro momentum resumes.
  • Ripple has gained approval to expand payment services in Singapore using RLUSD and XRP.
  • The first 21Shares XRP ETF launches today, giving traditional investors regulated exposure to XRP.

According to market strategist EGRAG CRYPTO, six lower timeframes — including 4H, 1D, 3D, 5D, 1W and 2W — remain in bearish territory as XRP trades below the 21-EMA. However, the monthly timeframe continues to hold above the same moving average, preserving the broader uptrend that has guided XRP’s price structure for years.

Despite short-term volatility and fear in the market, EGRAG argues that long-span charts carry far more weight. As long as the monthly candle remains above its current structural zone, the path outlined months ago — targeting $9 and potentially $13 — remains valid. The analyst estimates a 55%–65% probability of XRP reaching $13 over the next three to six months if higher-timeframe momentum resumes.

Technical Analysis

On the daily chart, XRP is still struggling to spark bullish momentum. RSI sits near 38–41, reflecting weak demand and continued seller dominance after weeks of lower highs. MACD also paints a cautious picture – the signal line remains below the zero threshold and histogram bars hover in negative territory, signaling that upside attempts are being rejected before they can build into trend follow-through.

Unless RSI climbs back above the mid-50 zone and MACD flips positive, traders warn short-term pressure may continue even though the macro chart remains supportive.

Momentum Builds from Fundamentals

While traders debate the technical chasm on the charts, Ripple has delivered a major regulatory milestone. The company has secured approval to expand payment operations in Singapore, allowing the firm to offer services using both Ripple USD (RLUSD) and XRP in one of the world’s wealthiest and most crypto-progressive economies. The approval strengthens Ripple’s global payments infrastructure at a time when institutional demand for real-world blockchain utility continues to grow.

Adding further fuel to the narrative, 21Shares has launched the first dedicated XRP exchange-traded fund (ETF) today. The product provides traditional market investors with direct access to XRP price exposure through regulated financial channels — a development many analysts view as a crucial bridge between crypto utility and broader capital markets. The ETF arrives just as institutional sentiment toward digital assets is shifting from speculation toward payments and blockchain-based settlement.

Where XRP Stands Now

EGRAG’s chart shows that XRP is pressing directly against its macro support zone. Price movements on smaller timeframes remain noisy and corrective, yet the broader monthly structure has not been invalidated. Historically, each time XRP has preserved this macro support, the next leg of the rally followed abruptly without offering “second chances,” according to the analyst.

If the monthly close stays above the 21-EMA and macro support trendline, analysts say XRP may be positioned for one of the most aggressive price accelerations in its history. But losing monthly support would delay or potentially neutralize the $13 roadmap.

For now, the crypto community remains divided: short-term traders warn of continued pullbacks, while long-term bulls believe XRP is in the calm before a major breakout.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Author

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

Source: https://coindoo.com/market/ripple-news-can-xrp-etf-launch-reverse-the-downtrend/