TLDR
- XRP price is attempting to recover above $2.50 after finding support, trading above the 100-hourly Simple Moving Average
- A key bearish trend line with resistance at $2.60 stands in the way of further gains, with major resistance at $2.660
- XRP and Micro XRP futures on CME Group have processed over 476,000 trades worth more than $23.7 billion since launching in May 2025
- Open interest in XRP futures reached $1.4 billion by September with 29 large holders, marking a record for the asset
- XRP futures growth shows institutional investors are diversifying beyond Bitcoin and Ethereum into regulated alternative digital assets
XRP price is showing signs of recovery after finding support above $2.20. The cryptocurrency climbed above the $2.320 and $2.40 levels in recent trading sessions.
The price now sits above $2.50 and the 100-hourly Simple Moving Average. Bulls pushed XRP past the 61.8% Fib retracement level of its downward move from $3.05 to $1.40.
However, resistance is forming near the $2.60 level. A bearish trend line on the hourly chart also sits at this price point.
If XRP continues upward, it will face its first major test at $2.550. The main hurdle lies at $2.660, which represents the 76.4% Fib retracement level.
A clear break above $2.660 could send XRP toward $2.720. Further gains might push the price to $2.750 and eventually $2.80.
Futures Market Shows Strong Growth
XRP futures have seen explosive growth since their May 2025 launch on CME Group. The contracts recorded over 476,000 trades representing more than $23.7 billion in notional value.
Rapid adoption of XRP and Solana futures shows increased institutional appetite for regulated altcoin derivatives. Bitcoin just had its usual advantage of a head start.
Soon the Bitcoin/Ethereum duopoly in spot ETFs will end, hopefully before a bear market starts.
A CME Group… https://t.co/PMehB7bwL8 pic.twitter.com/dh2RF6CTR3
— bill morgan (@Belisarius2020) October 14, 2025
By September, open interest climbed to $1.4 billion. The number of large open interest holders reached 29, setting a new record for XRP.
Both average daily trading activity and open interest have increased steadily. The open interest curve shows an exponential rise since May.
This pattern suggests institutional positioning rather than retail speculation. Traditional finance players are building long-term positions in XRP futures.
Institutional Investors Expand Beyond Bitcoin
For years, institutional crypto exposure focused on Bitcoin and Ethereum. These two assets still dominate ETFs and derivatives markets.
However, regulated products tied to other tokens are gaining traction. XRP and Solana are leading this expansion.
Institutions now seek to diversify their digital asset holdings within familiar regulatory frameworks. The rapid uptake of XRP futures validates this shift in strategy.
Major players are moving beyond a two-coin approach. XRP futures provide a regulated avenue for exposure to alternative cryptocurrencies.
Price Support and Resistance Levels
If XRP fails to clear the $2.60 resistance zone, it could decline. Initial support sits near $2.50.
The next major support level is at $2.420. A close below this level might push XRP toward $2.320.
Further downside could take the price to $2.250. Below that level, XRP might test $2.20.
The hourly MACD is gaining pace in the bullish zone. The RSI for XRP now sits above the 50 level, indicating positive momentum.
XRP futures open interest reached $1.4 billion by September 2025 with 29 large holders positioned in the contracts.
