XRP Price Forecast: ETF Inflows Fuel Bid for a $3 Breakout

XRP (XRP) is attempting a strong rebound this week as newly launched US spot ETFs from Grayscale and Franklin Templeton accelerate demand, lifting market sentiment and attracting fresh inflows.

On Nov. 24 alone, XRP ETFs recorded $164 million in net inflows, bringing cumulative flows to $586.7 million, according to SoSoValue data. Grayscale’s GXRP led the day with $67.36 million in new inflow, while Bitwise’s XRP and Canary’s XRPC collectively added another $34 million+.

The growing demand for ETF has coincided with a technical rebound on XRP’s weekly chart, setting the stage for a potential retest of the $3 level next.

XRP Rebounds From Key Support Inside Broadening Wedge

On Monday, XRP bounced strongly after testing the lower trendline of a broadening wedge pattern visible on its weekly time frame. The support confluence was notable:

• The lower wedge trendline
• The 1.0 Fibonacci retracement level (~$1.96)
• The 100-week EMA (purple wave)

Rebounds from such multi-layered support zones typically indicate that buyers are defending the structure aggressively, and this week’s reaction was no exception. XRP surged toward $2.20+, reversing last week’s sell-off.

The timing aligns cleanly with the start of US ETF trading activity, suggesting that fundamental catalysts (ETF inflows) are validating the technical bounce.

XRP’s next logical target lies at the upper boundary of the wedge pattern.

Crucially, that upper trendline aligns almost perfectly with the 1.618 Fibonacci extension, sitting near $3.00.

This level has historically acted as:

• A natural magnet during bullish expansions
• A point where XRP sees heightened profit-taking
• A key psychological milestone

If ETF inflows remain strong through the week, XRP may attempt a run toward this $3 zone, representing an approximate 35–40% upside from current levels.

What Could Invalidate the Setup?

A weekly close below the 100-week EMA (~$1.86) or a decisive breakdown from the wedge’s lower trendline would flip the structure bearish. This would expose deeper Fib levels at $1.61 (0.786) and $1.33 (0.618).

For now, buyers remain firmly in control.