XRP Price Forecast: Could BlackRock's Interest Spark a Major Catalyst

crypthub

about 5 hours ago

Institutional Momentum

Financial strategist Jake Claver says Wall Street firms are watching XRP and will enter when regulators provide clarity. BlackRock has filed for an XRP trust, joining Grayscale and 21Shares, and its filing helped drive $120 million of weekly crypto‑ETP inflows. Regulatory guidance is viewed as the key catalyst that could unlock broader institutional participation.

Technical Outlook

XRP trades around $1.41, forming a symmetrical triangle on the 1‑hour chart with support at $1.35 and resistance near $1.45. An upward break could lift the price to $1.58, potentially extending to $1.80‑$2.40, while a break below $1.28 may reopen the $0.85‑$1.10 range. The direction hinges on upcoming U.S. policy decisions.

Broader Landscape

Even with strong ETF demand, XRP’s large market cap limits upside to roughly 2‑3× over 18 months. Investors are therefore eyeing infrastructure tokens such as LiquidChain, which aims to unify Bitcoin, Ethereum and Solana liquidity and is pricing its presale at $0.01457 with over $700 K raised. The project promises high APY rewards and a deploy‑once, institutional‑grade DeFi layer.