XRP Bulls Return as Analyst Flags Crucial Reversal Level as ETF Sentiment Heats Up
Market analyst Vlad Anderson says XRP is showing renewed strength after recently dipping below $1.90.
Buyers are back on the driver’s seat, pushing the price to $2.22 and reigniting bullish sentiment.
Notably, this sharp rebound is the strongest signal yet that XRP may be gearing up for a larger move.
Anderson points to one critical technical trigger that could confirm XRP’s recovery as a true trend reversal with a decisive close above $2.15 needed.
Although XRP is trading above this level, only a consistent close beyond this threshold will validate renewed bullish momentum and invalidate the recent bearish structure.
This is because a clean close would signal that buyers have firmly regained control, marking a definitive shift in favor of the bulls.
What makes this surge even more significant is its timing. XRP’s momentum has intensified just days after Franklin Templeton and Grayscale launched their XRP spot ETFs on the NYSE, a development widely seen as a catalyst for renewed institutional interest.
By giving traditional investors a regulated and accessible way to gain XRP exposure, these ETFs could open the door to fresh capital inflows and amplify the asset’s upward trajectory.
What does this mean? Well, ETF liquidity and strengthening technicals are creating a fast-shifting market environment for XRP. Franklin Templeton’s strong early ETF performance has amplified expectations that XRP is entering a new phase of relevance, drawing renewed institutional attention.
Therefore, XRP’s technical resilience, surging ETF-driven demand, and renewed institutional interest are fueling optimism. Anderson says holding above $2.15 could pave the way for a broader uptrend, targeting higher resistance levels in the coming weeks.
All eyes are now on XRP’s price action. If bulls hold $2.15 as support, this rebound could spark a meaningful trend reversal, confirming that the digital asset is regaining momentum.
Conclusion
XRP’s rise above $2.15 may mark more than a short-term bounce, it could signal a full trend reversal. Fueled by renewed buying and the launch of regulated XRP ETFs, technical strength is converging with growing institutional momentum.
Therefore, a sustained close above this key resistance could confirm that XRP is entering a new bullish phase, with the potential to push toward higher targets
