XRP Price Poised for Rebound as Institutional Interest Soars

The XRP price has been under pressure after losing its bullish structure, but analysts see this correction as a potential accumulation opportunity.

Renewed institutional interest through XRP ETFs is improving sentiment, while sustained inflows and a confirmed trend reversal could strengthen the token's prospects for a major long-term recovery.

The current price of $1.04 with a 24-hour trading volume of $1.03 billion and a market capitalization of $65.15 billion indicates a possible bullish reversal ahead, following the 1.01% gain over the last 24 hours.

Crypto analyst Crypto Patel notes that XRP has faced a steep correction after losing its bullish structure, validating earlier warnings that the rally was weakening.