XRP Price Prediction: A single-day fall of 12% struggles to hold the 3-dollar mark, yet analysts boldly predict a target price of 20 dollars despite multiple Favourable Information.

Despite the impressive first-day volume of $37.7 million for the first spot XRP ETF in the U.S., the price of XRP has still been fluctuating dramatically, falling from $3.01 to $2.70, a daily drop of 12%. However, several analysts, based on technical indicators and accumulation patterns, predict a significant rise in its price. At the same time, with the planning of tokenization funds on the XRP Ledger platform and the CME Group set to launch XRP options, institutional interest in XRP is continuously growing.

XRP Price Fluctuation and ETF Launch

Despite the successful launch of the first Spot XRP ETF in the U.S., XRP still experienced a volatile trading period. The Token fell by 9% within 24 hours, with prices fluctuating between $3.014 and $2.70.

The recent sell-off occurred as a new ETF set a record. The fund's trading volume reached 37.7 million dollars on its first day, making it the largest ETF debut of 2025 so far.

XRP started the day close to $3.00 but plummeted around midnight. The token fell by 2% in a single fluctuation. During this flash crash, the volume surged to $261.22 million, four times the average daily volume. The total liquidation reached $7.93 million, with about 90% impacting long positions.

Analyst views point to higher prices

Despite the recent price decline, two analysts remain optimistic about XRP. Trader Javon Marks believes XRP has the potential to rise by 226%, with a target price of $9.90. Marks is confident that if XRP breaks through $9.90, the price could reach $20. He points out that the current accumulation pattern is similar to previous bull markets, indicating that XRP is building strength for another major pump.

Ali Martinez has also expressed a bullish view on XRP. He pointed out that a buy signal has appeared on the TD Sequential chart. This indicator helps identify trend reversals. Martinez stated that the 4-hour chart shows that price action is improving, and this signal suggests that a new rise trend may be about to begin. After recent consolidation, the technical indicators are now favorable for buyers.

After the sharp decline, the Token is trading in a narrow range around $2.92. XRP attempted to rebound to $2.94 but failed to hold. Resistance is formed around $2.93 to $2.94. During the sell-off, support was established in the $2.91 to $2.92 area. This area has been tested multiple times after the midnight plunge.

During this trading period, the exchange's XRP reserve reached a 12-month high. Despite the growing institutional interest, this still indicates potential supply pressure. High reserve levels may limit its upward space.

Institutional interest is on the rise

The launch of the ETF represents an increasing confidence from institutions in XRP. The fund allows traditional investors to gain exposure to the Token, and the settlement speed is faster than directly purchasing cryptocurrencies.

In addition, the tokenized funds planned on the XRP Ledger platform have also increased institutional interest. These products will trade on the blockchain like tokens, providing exposure to regulated investment products. They offer faster settlement and greater liquidity than traditional products. This marks a shift as XRP is no longer just a payment token; it now also supports regulated investment products.

The Chicago Mercantile Exchange (CME Group) plans to launch XRP and Solana futures options, adding another institutional product to the ecosystem. This move indicates that XRP is gaining increasing recognition in traditional markets.

The Federal Reserve's policy remains the focus of the crypto market. The market has basically determined a rate cut in September. Lower interest rates typically support digital asset prices.

The current price trend is a mixed bag for XRP. Technical analysts have spotted a bullish pattern forming, but recent sell-offs indicate that traders remain cautious. Despite the positive momentum from the ETF, resistance around the $3.00 mark still exists. The token needs to break through $3.00 to confirm a bullish outlook. Volume and institutional fund flows will be key factors.

XRP closed at $2.92 after multiple tests of support and resistance levels, ending a turbulent day.

Conclusion

XRP did not immediately experience the price rise that the market expected after the milestone event of its first ETF launch, but instead went through a severe correction, reflecting the complexity of the crypto market and the classic market behavior of "buy the rumor, sell the news." Placing XRP's performance in a broader market context reveals that major cryptocurrencies like Bitcoin and Ethereum also faced downward pressure during the same period, indicating this is a widespread market correction. Despite short-term price concerns, in the long run, the successful debut of the ETF, institutional interest in the XRP Ledger, and the launch of CME futures have all created unprecedented institutional pathways and structural demand for it. This suggests that while short-term fluctuations are unavoidable, the fundamentals of XRP are significantly improving, laying a solid foundation for long-term growth in the future.