Here’s Why XRP Price Breakout Can Produce 50% Gains to $4.50 Next
The post Here’s Why XRP Price Breakout Can Produce 50% Gains to $4.50 Next appeared on BitcoinEthereumNews.com.
Key takeaways: XRP’s potential to rise to new all-time highs is backed by increasing institutional demand and open interest. Analysts say XRP’s price could continue its uptrend to $3.12 and later to $4.50. XRP (XRP) price is up 1.7% in the past 24 hours and 6% in seven days to trade above $3 on Thursday. Market analysts say that this sets the altcoin up for further gains backed by several onchain and technical factors. Investors return to XRP investment products Institutional demand for XRP investment products remains steady, according to data from CoinShares. Related: XRP flirts with $3 amid ETF approval hope: Is $3.60 the next stop? XRP exchange-traded products (ETPs) posted inflows totaling $14.7 million in the week ending Friday, bringing their inflows for the year to $1.4 billion. Crypto funds net flows data. Source: CoinShares Other top-cap cryptocurrencies such as Bitcoin (BTC), Solana (SOL) and Sui (SUI) recorded net inflows of $524 million, $16.1 million and $600,000, respectively. Ether (ETH) posted outflows of $912 million, suggesting a possible rotation of funds from the largest altcoin into other cryptocurrencies, including XRP. The anticipation of an XRP ETF approval in the US has been a major driver of XRP’s recent performance, with the price in good position for more gains as more institutional capital flows into the XRP market. XRP derivatives data leans bullish XRP derivatives traders are also showing coming back, opening new positions, indicating a rise in speculative momentum. XRP’s open interest (OI) has also increased by 11% in the past seven days to $8.3 billion, up from $7.4 billion posted on Sept. 4, signaling an uptick in trader participation. OI has increased by 4% in the last 24 hours alone, according to data from CoinGlass. XRP futures open interest. Source: CoinGlass The funding rate — periodic payments exchanged between…
Filed under: News - @ September 12, 2025 12:27 am