XRP Price Targets $1.95 as Expert Eyes $2.7 Amid Subsiding Sell Pressure

Key Insights:

• XRP price action shows potential for a recovery to $2.7 but is dependent on breaking above $1.95.
• On-chain data supports a compelling bullish theorem after indicating subsiding selling pressure and an increase in ETF inflows across spot XRP ETF.
• Ripple bulls must break through the $1.95 resistance for a potential recovery.

XRP price is at a key crossroads as per a recent suggestion by a top analyst. The expert said that a weekly close above $1.95 could signal a turning point.

If buyers can push past that level, Ripple coin could climb toward $2.70. The crypto has traded under intense pressure since July after being weighed down by a significant increase in selling pressure.

However, recent on-chain data shows continued inflows with spot XRP ETF, with 18 consecutive days of inflows.

Expert Eyes $2.70 In Latest XRP Price Prediction

XRP price is approaching a critical moment on the weekly chart with the price trading near $1.86 and below a long-term descending trendline.

According to a chart shared by trader CryptoXLARGE, Ripple coin is sitting beneath the 8-week and 21-week EMAs. This keeps the broader structure tilted to the downside.

However, the focus is now on the $1.95 area. This zone lines up with the 0.5 Fibonacci retracement and the 89-week EMA, a level that has acted as support for most of the year.

XRP Price is now testing that floor again, making this week’s close especially important. According to the analyst, a weekly close below $1.95 might place significant pressure on the bulls.

If that happens, a possible pullback toward $1.60 could take place and match the 0.618 Fibonacci level. A level that also marks the next key support for XRP price.

However, if Ripple coin bulls manage to reclaim $1.95, the outlook could shift and momentum may turn in their favor.

A close back above that level may draw fresh demand and spark a relief move toward $2.30, with $2.70 coming into view if momentum builds.

At the time of writing, the chart comes down to one level. Hold $1.95, and XRP keeps a recovery on the table. Lose it, and the risk of a deeper correction rises quickly.

XRP ETF Inflows Claim Billions in Ripple Coin

As per latest data, the US Spot XRP ETF are holding strong. Since their launch last month, they haven’t seen any outflows.

Net inflows into the XRP ETF have reached $1.13 billion, lifting total assets under management to $1.25 billion. Tuesday added another $8.19 million, marking 28 days in a row of inflows.

SoSoValue data shows that only Franklin Templeton’s XRP ETF (XRPZ) attracted fresh money. The other ETFs stayed flat, likely due to quieter trading during the holiday season.

Canary Capital’s Spot XRP ETF (XRPC) leads inflows with $384 million, ahead of Bitwise and Grayscale XRP ETFs.

CoinShares data also suggests institutions are moving funds from Bitcoin and Ethereum ETFs into XRP. The shift reflects recent positive developments for XRP and a rising sense of confidence in the community.

Moreover, Binance’s XRP reserves have fallen to 2.6 billion, the lowest level since July 2024, according to CryptoQuant.

The drop hints that selling pressure could be easing. Typically, when reserves decline, it means investors and whales are moving Ripple coin off exchanges into private wallets, tightening available supply.

XRP Whale Flows over the past 30 days also show that whale selling is slowing, though the metric remains in negative territory.

Buyers are optimistic to sustain a weekly close of $1.95 for the XRP price. Having said that, the primary focus is not the range between $1.80 and $1.90.

The Ripple bulls need to only hold above the current level and remain intact with the overal crypto market. The Relative Strength Index scored a low value to suggest there is still sufficient room for gains with a bullish reversal on the cards.