XRP Targets $4.50 if Bulls Reclaim $3 as ETF Speculation Builds

XRP Price Eyes $4.50 as ETF Speculation and Accumulation Build

Technical indicators and market drive are aligned, with XRP price trading around an important zone. The altcoin has bounced back to the multi-month resistance, and traders are anticipating a clear breakout. As chart structures and on-chain information converge, the next move could determine its medium-term development.

XRP price at $2.98 indicates it is testing the declining resistance trendline that has limited rallies for months. Rejections at this stage build pressure, while frequent retesting tends to undermine sellers' control. Besides, there are increasing lows under resistance, which is an indication of consistent accumulation by buyers. The targets of between $4.00 and $4.50 would seem realistic should it clear $3.00 with conviction.

XRPUSDT 1D CHART | SOURCE: X

Additionally, momentum factors also play a role, since RSI has recovered after mid-level consolidation, which implies a growing buyer interest. This recovery pattern resembles its earlier breakout from a similar formation that sparked a strong rally. However, downside risk is imminent if resistance holds since price could slip toward $2.80, where the next structural support lies. The level is critical for bulls to defend should the token maintain its upward bias.

XRP Holds Firm Amid Volatile Market Swings

Beyond charts, sentiment is being shaped by speculation around a potential ETF. Bloomberg analysts recently suggested that approval odds for several spot crypto ETFs, including XRP, are effectively 100%. The bullish sentiment would be reinforced by such a product, while also drawing significant institutional flows.

Meanwhile, there has been high volatility in the market, and liquidity hunts through new tokens have brought about sharp corrections. Despite this, the crypto has held above major support levels, indicating that investors are confident. Such strength gives the altcoin momentum in its medium-term projection.

ETF Hopes Fuel Next XRP Move

In addition, Glassnode on-chain statistics reveal that a strong accumulation around $2.80 forms a strong base that could support price stability. Also, unlike many other assets, it can be used in cross-border payments, which strengthens demand in the long term. These drivers of the ecosystem could serve as a basis for valuation despite volatility in the market.

SOURCE: X

Moving forward, the future of XRP will be determined by the ability to recover $3.00 and hold over $2.80. Such a breakout would open the path to $4.50, while a failure at resistance would mean renewed consolidation. According to analysts, ETF headlines could be the trigger for the next rally. 

At this point, the crypto is at a crossroads, with momentum growing, and the market waiting for a confirmation.