XRP Price Forecast: ETF Momentum Cuts Exchange Supply as Volatility Builds Toward $3.60

XRP is currently consolidating in a tight range between $2.17 and $2.24, showing indecision despite some short-term bullish technical signals like a weekly Stochastic RSI crossover. A major contributing factor to the outlook is the impact of U.S. spot XRP ETF launches, which have caused exchange reserves to drop by about 29% in the last month, signaling institutional accumulation rather than pure speculation. Analysts have outlined a structured short-term scenario involving pullbacks to $2.10, rebounds to $2.45, a potential liquidity hunt down to $1.50, followed by a renewed bullish phase targeting $3.60. Longer-term projections, which include highly speculative targets near $20, depend on sustained ETF demand. Traders are advised to watch for a confirmed volume break above $2.24 to validate any immediate upside move.

(Source：Brave New Coin)