XRP continues to trade above short-term moving averages on the 4-hour chart, showing renewed interest near the $2.00 support zone. The markets is stabilizing while futures participation and ecosystem updates gain attention.
XRP recently held the $2.00 support level after a brief decline from the $2.12 area. The price now trades above the 9-period SMA and EMA, suggesting steady recovery. Buyers reacted after several sessions of pressure, and the chart now shows a developing higher low pattern.
The zone between $2.06 and $2.08 remains the first barrier to clear. A move above this range could open the path toward $2.12 and then $2.18. On the other hand, a push below $2.02 may lead the markets back toward $2.00. A break under this level would place attention on $1.98.

source: TradingView
Open interest movements offer another dimension. During the major rally toward $3.50, open interest reached nearly $12 billion. Activity then cooled with price settling in the $2.00–$2.80 range. Current readings show calmer conditions, which may allow market direction to rebuild. These observations support the ongoing price prediction discussions across trading communities.

Source: Coinglass
Market sentiment gained fresh momentum after Jungle Inc Crypto News reported that a fifth U.S. XRP spot ETF received approval from the CBOE. The new product from 21Shares will trade under the ticker TOXR and follows the CME CF XRP-Dollar Reference Rate. It also includes custody from Coinbase, Anchorage Digital, and BitGo.
Ripple Markets provided 100 million tokens to support early creation and redemption activity, offering flexibility for institutional flow. The report noted that existing U.S. ETFs are nearing $1 billion in inflows without a single net-outflow day. This trend continues to shape the broader price prediction narrative due to rising professional participation.
Additional development emerged as SolanaFloor reported that Hex Trust will issue and custody wrapped (wXRP) on Solana. The wrapped asset will maintain a 1:1 backing and introduce liquidity to Solana’s DeFi ecosystem.
The move will support cross-chain trading and access to RLUSD pairs, with expectations of over $100 million in total value locked. These updates add another layer to price prediction assessments because they extend utility across chains and broaden the asset’s market footprint.
The digital asset is holding key levels while institutional products and cross-chain expansion increase attention. Traders are watching resistance near $2.08 as broader activity rebuilds. The coming sessions may offer clearer direction for the current XRP price prediction outlook.
Disclaimer
This analysis is based on market trends and does not guarantee future results. It should not be treated as financial advice. Cryptocurrency investments involve risk, so always do your own research (DYOR) before investing.
Shristy Malviya is a skilled English Blog Writer and Content Writer associated with Coin Gabbar, specializing in producing well-researched and SEO-friendly content on cryptocurrency, blockchain innovation, and financial technology. She is passionate about making complex industry topics accessible and valuable to a wide audience. Shristy’s work reflects her commitment to delivering credible and high-quality information that aligns with current market trends. Outside her writing career, she enjoys reading books, an activity that deepens her understanding of global markets and continuously inspires her professional growth.