- XRP is testing range highs at $1.77, with support holding as the likely bullish scenario.
- Bitcoin and Ethereum’s strength are lifting altcoins, including XRP.
- Institutional ETF inflows signal growing confidence in XRP and the wider crypto market.
XRP has surged to its triple-tap target at the top of its trading range, putting the token at a critical decision point. As traders weigh the next move, market sentiment and Bitcoin’s recent strength are shaping expectations for XRP’s trajectory.
XRP at a Crossroads: Bounce or Base Formation?
After reaching $1.77, XRP faces two possible scenarios. One sees a relief bounce followed by a pullback below the key support, continuing the local downtrend. The other, increasingly favored by analysts, anticipates $1.77 holding as a firm demand zone. In this scenario, dips are likely to be bought aggressively, setting the stage for upside targets above current levels. Traders are closely watching candlestick patterns and volume signals to determine which outcome will prevail.
Bitcoin and the Broader Crypto Market Influence
Bitcoin’s recent push above $94,000 has triggered billions in short liquidations, lifting the broader market. Ethereum followed suit, with $3,435 as a short-term target. Notably, falling stablecoin dominance and flat BTC dominance indicate capital is rotating into altcoins like XRP, further supporting bullish momentum. XRP’s correlation with BTC and Ethereum highlights how broader market strength is feeding confidence in potential upside moves.
Institutional interest is reinforcing the bullish case. U.S. spot Bitcoin ETFs recorded $754 million in inflows on Jan. 13, led by Fidelity’s FBTC with $351 million. XRP spot ETFs also logged nearly $13 million in inflows, signaling growing institutional appetite. This trend complements retail buying and suggests that even minor dips may find strong support, potentially underpinning a sustained rally for XRP.
Also Read: How Much XRP Is Really Enough in 2026? The Debate Is Changing
XRP’s recent highs mark a key inflection point. While a pullback remains possible, the combination of range support at $1.77, broad crypto strength, and institutional interest increases the probability of continued upward momentum. Traders and investors will likely watch closely over the coming sessions for confirmation of support and the next breakout target.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. CoinBrief.io is not responsible for any financial losses.
