Top 3 Reasons XRP Price Will Skyrocket To $5

Key Insights:

• Insights suggest that XRP price is cooling down ahead of a potential breakout.
• Fibonacci retracement levels show that XRP may be set for a price rebound.
• XRP ETF speculation is growing as BlackRock joins Ripple’s Swell 2025 event.

XRP price has seen a sharp 20% decline over the last 45 days, with the correction dragging prices back toward a crucial support zone. The daily chart highlights a consolidation within a descending triangle pattern, signaling a potential breakdown below the $2.70 level if selling pressure intensifies.

On-chain Data: Insights Show XRP Price is Cooling Off in Preparation for a Take Off

According to derivatives data on CoinGlass, XRP futures show the market is cooling down. Open interest has fallen from $11 billion to $7.5 billion, which points to less speculative activity.

On the positive side, Binance’s estimated leverage ratio for XRP has dropped back to its yearly average. This indicates why XRP price has been consolidating over the past few weeks.

This means traders aren’t using as much high leverage, lowering the risk of mass liquidations and helping keep prices more stable during pullbacks.

Net taker volume has closed in on a neutral value, suggesting early signs of a possible reversal. This move is supported by a rise in aggregated spot cumulative volume delta (CVD), a measure of whether buyers or sellers are leading.

The change points to holders potentially entering accumulation mode.

At the same time, futures activity indicates there are no more overcrowded positions with Aggregated futures CVD trending lower, while funding rates have adjusted back to normal quarterly levels.

Technical Setup: Fibonacci Retracement Levels are Aligned for an XRP Price Rebound

XRP price was trading inside a descending triangle on the one-day chart at press time. It had tested support near $2.70 multiple times.

A fair value gap between $2.35 and $2.65 on the daily and weekly charts has become an important zone to watch. If XRP falls below $2.70, it could slide into this range, where a reaction is expected.

The importance of this gap is backed by Fibonacci retracement levels, as the 0.5 to 0.618 range lines up closely with the $2.35 to $2.65 zone. In the past, this kind of overlap has often increased the chances of price stabilizing and bouncing back.

Moreover, the market structure for XRP price looks similar to a Q1 fractal pattern that led to a sharp breakout. If this pattern repeats, it could result in a massive 60% to 85% XRP price rally by December 2025.

Additionally, the market has not seen significant changes, with $XRP still targeting $4.80 as its price remains above the key $2.47 level, according to crypto trader Javon Marks.

Intensifying XRP ETF Speculation as BlackRock Joins Ripple Swell 2025

BlackRock is among the list of 60 speakers lined up for Ripple’s Swell 2025, an upcoming event in November that will feature over 600 attendees. As such, BlackRock’s presence has sparked speculation about a possible BlackRock XRP ETF among the crypto regulatory community.

Following the conclusion of the Ripple vs. SEC case, many investors began anticipating the launch of a BlackRock XRP ETF. However, despite rising institutional demand and recent achievements, Ripple and BlackRock have yet to announce plans to launch one.

Meanwhile, Bitwise and Grayscale have already filed for one, which could push BlackRock to join the race. Recently, Amplify also filed with the SEC an XRP option income ETF.

Now, attention is on the SEC’s October–November deadlines, as an approval could pressure BlackRock to launch its own. Having said that, such a development could significantly boost the XRP price in the near future.