XRP aims for $15 as ETF anticipation and bullish chart patterns alignment boost its prospect
The REX-Osprey XRP Exchange-Traded Fund (ETF), listed on the Cboe under the ticker symbol XRPR, made a splashy debut this year, with a trading volume of $37.7 million, making it the most actively traded ETF debut of 2025. The fund, jointly listed by REX Shares and Osprey Funds on September 18, 2025, surpassed the previous record set by the Wedbush AI Revolution ETF (IVES).
The current price of XRP is testing the $3.08 zone, acting as short-term support. If XRP manages to hold this level, higher levels may come into play. Below $2.8, however, there is a low-liquidity area that could draw attention if the market weakens.
The chart shows a bull flag pattern on the weekly timeframe for XRP. This pattern, which indicates a consolidation followed by an upward move, could suggest a potential short-term target for XRP around $5.8.
The 1-hour chart shows strong volume activity between $3.00 and $3.05, marking this as an area of high liquidity. Above $3.3-$3.5, there could be resistance due to larger order clusters.
XRP's recent move took it to around $3.13, following a double bottom near $3.00. The Relative Strength Index (RSI) for XRP is currently just below 60, reflecting strength without entering overbought conditions.
Market analyst Zenia has noted that XRP's price setup is now backed by structural developments. She also mentioned that new partnerships with DBS and Franklin Templeton add further weight to XRP's potential. The analysts at BitGuru suggest that holding the $3.08 support could lead to another upward push, while losing it may cause more consolidation.
In the longer term, a target for XRP is close to $15 due to the broader move. However, it's important to note that any investment in the cryptocurrency market carries inherent risks.
At the time of writing, XRP is trading near $3.05, showing a weekly gain of almost 2%. As always, it's crucial to do thorough research and consider your own risk tolerance before making any investment decisions.
Note: All information provided in this article is for informational purposes only and should not be taken as financial advice.
