XRP News Today: XRP Defies the Trend: Negative Outlook Clashes with ETF Optimism in a Bullish Faceoff
Recent trading sessions have brought a significant recovery to the cryptocurrency sector, with
XRP’s recent pullback to $2.45 has caught the eye of both traders and analysts. Data from Santiment reveals that positive sentiment toward XRP is at its lowest in nine months, as reported by Benzinga. Many retail investors have been selling at a loss, creating a contrarian setup as the price moves counter to the dominant mood. XRP’s foundation is strengthened by EverNorthXRP’s $1 billion treasury fundraising, supported by SBI Holdings and Ripple, which is closely linked to institutional adoption of XRP, according to
Experts highlight that pending spot XRP ETF filings from companies such as CoinShares, Bitwise, and Grayscale could be a major driver for price recovery, as noted by Crypto.news. With a 95% likelihood of approval, these ETFs could bring in $5–8 billion in new capital, echoing the surge seen with Ethereum ETFs earlier in 2025, according to Crypto.news. On the technical side, XRP is currently testing support at $2.40 on the daily chart, with an RSI of 39.9 suggesting mild bearishness but not an oversold condition. Holding above this level could open the way to the $2.60–$2.70 range, while dropping below $2.10 might trigger further liquidations down to $1.80, Crypto.news reports.
The resurgence of XRP and Pepeto’s recent initiatives highlight a broader trend among investors favoring projects with tangible use cases and institutional support. EverNorthXRP’s $1 billion capital raise and Ripple’s RLUSD stablecoin approaching $1 billion in value both point to rising institutional trust in XRP, as reported by Crypto.news. Meanwhile, Pepeto’s lucrative staking program has made it a strong contender in a consolidating market, where liquidity is increasingly directed toward projects with active communities, Decrypt observes.
