XRP News Today: XRP's Surge Accelerates as Large Investors and ETF Anticipation Drive Optimism—Yet Potential Threats Remain

XRP experienced a price jump of more than 12% within a single day, driven by major investors accumulating $550 million worth of the token and rising speculation about possible exchange-traded fund (ETF) approvals,

. Recent technical and on-chain signals for the altcoin indicate a change in , though some analysts believe the current positive outlook does not fully reflect the asset’s long-term prospects.

This surge came after a significant amount of

was withdrawn from exchanges, with blockchain data revealing that over 216 million tokens—valued at more than $556 million—were moved off trading platforms. This accumulation, mainly by institutions and wealthy investors, has reduced available supply on exchanges and signaled growing confidence in future price appreciation. that holders with balances between 10 million and 100 million XRP have collectively acquired 320 million tokens, worth $768 million, over the past four days, supporting the idea that "smart money" is buying during price dips.

the bullish outlook. XRP’s 118-day Relative Strength Index (RSI) has broken out of a lengthy downward trend, which analysts see as a pivotal factor for renewed upward movement. With the RSI now above the neutral 50.0 mark, buyers appear to be gaining the upper hand, and the token’s price has settled above $2.50 after bouncing back from a recent consolidation. could propel XRP to $2.64—a resistance level it has yet to surpass—with the possibility of reaching $2.75 if momentum persists.

Interest from institutional investors is on the rise, spurred by greater regulatory certainty after Ripple’s partial victory in its SEC case and ongoing rumors about ETF launches. Multiple asset management firms have applied for spot XRP ETFs, and market trackers estimate a 95% likelihood of approval by mid-November. Such products could open regulated investment channels for large-scale investors,

. At the same time, , including recent collaborations with Mastercard and Gemini, highlights the project’s strong fundamentals and potential for widespread adoption.

Despite the positive sentiment, some caution remains. Although XRP’s technical setup looks promising, analysts caution that failing to break above $2.64 could lead to a pullback to the $2.36 support level, which would undermine the bullish scenario. Additionally,

—such as renewed SEC legal action or a possible death cross—could present further obstacles.

Crypto analyst STEPHISCRYPTO stressed that the current investor stance is "not optimistic enough," arguing that the RSI breakout and large-scale accumulation by whales point to a stronger rally ahead. "Should this pattern persist, XRP’s recovery could extend well beyond its present range," the analyst stated

. With XRP trading close to $2.45 at the time of writing and institutional interest accelerating, the altcoin continues to attract attention from traders focused on both near-term price swings and long-term potential.