The XRP price is on edge. As the currency struggles to hold a key support level, new ETFs have quickly gobbled up nearly one percent of the total supply. Analysts are watching intently: will there be a huge outbreak in 2026?
XRP price moves within a descending channel
According to analyst EGRAG CRYPTO, the XRP price is currently moving in a “controlled correction” within a descending channel on the five-day chart.
He estimates the chance of an upward breakout at sixty percent, provided that XRP manages to deal with the top of the channel and closes convincingly above the 21-day average. Until then, he says, “it’s just an upturn within the lines, not a break in the trend.”
The other scenarios? A prolonged sideways move (thirty percent chance) or a pullback to recent lows (ten percent).
Spot ETFs are buying XRP en masse
Since mid-November, a remarkable amount of capital has been flowing into new spot ETFs that track XRP. These funds not only attract large investors, but also buy heavily: almost one percent of the entire circulating supply has disappeared from the market in just over a month.
According to analysts, this is a strong signal. Such a strong influx indicates growing confidence among institutional parties. And that often lays the foundation for further price increases.
Market sends mixed signals
Technical analysts are not on the same page. Data from CryptoOnchain shows that buying pressure on exchanges is increasing: the taker buy/sell ratio reached the highest point in a month. This suggests that sellers are losing their grip and buyers are slowly taking the initiative.
Yet there are also warnings. Analyst Cheds Trading saw the largest volume burst in weeks on the four-hour chart, just as the price hit resistance. According to him, this could indicate exhaustion of the upward force.
In addition, other analysts point to strong selling walls just above current levels. These could prevent a real breakthrough, especially if market sentiment turns.
What does 2026 bring for XRP?
What will 2026 bring? According to experts, it depends on the big players. If institutional money continues to flow in and Ripple’s technology gains traction among banks and corporations, XRP could make a significant leap.
But if investors take profits and market sentiment deteriorates, a decline is likely again.
Source: https://newsbit.nl/xrp-koers-op-springen-etfs-zuigen-1-van-het-aanbod-op/
