Analyst: XRP fit rally reach $10 as ETF money dey tight supply
Analyst Chad Steingraber dey predict say XRP fit do big multi‑fold rally — e fit near $10 plus — driven by steady inflows into newly launched spot XRP ETFs. Since November 2025 some XRP ETFs (Canary Capital, Bitwise, Grayscale, Franklin) don register steady net inflows, and 21Shares and WisdomTree dey expected to join. Combined ETF accumulation don near about $944–$976 million (around 0.7–0.8% of circulating supply), while Bitwise’s wider Crypto 10 ETF still dey hold XRP. Steingraber and others talk say plenty of buying don happen OTC, so e dey mute immediate exchange price impact; risk of visible supply squeeze go raise if ETFs begin to source XRP directly from exchanges. E compare am to Bitcoin post‑ETF performance and project big upside into 2026 if ETF demand continue. Technicals wey dem mention include breakout from multi‑month symmetrical triangle on two‑week chart and a bullish flag, with measured targets from near‑term psychological levels around $10 up to $14–$15 (some analyses point even higher). Key trader takeaways: accelerating ETF demand dey remove available supply; short‑term catalysts na continued ETF net inflows and confirmation of chart breakouts; manage risk — this na informational, no be investment advice.
Bullish
Di reports dem combine show say XRP get bullish outlook wey mainly dey driven by structural demand from newly launched spot XRP ETFs. ETF flows of about $944–$976 million mean say demand big and concentrated compared to circulating supply; Bitwise allocation for im Crypto 10 ETF add to dat demand picture. Market effect dey amplified by reports of OTC accumulation — wey so far dey mute visible price impact but dey show say large buyers dey position — and the chance say ETFs go start to source XRP more from exchanges, making supply squeeze more obvious. Technical analysis wey dem cite (breakout from multi-month symmetrical triangle and bullish flag) dey support upside momentum and give measurable targets ($10 then $14–$15). For traders: short-term volatility fit happen as OTC accumulation, ETF allocations, and possible exchange sourcing play out; confirmation of continued net inflows and sustained chart structure go strengthen the bullish case. Risks wey fit temper the outlook include how fast ETFs convert OTC orders into exchange purchases, broader crypto market conditions, regulatory developments, and possible sell pressure from big holders. Overall, net effect on XRP price likely positive if ETF demand continue, but traders suppose use risk controls because event-driven volatility.