XRP Price Dips As REX-Osprey XRP ETF To Launch This Week

The XRP price tumbled 1.8% in the past 24 hours to trade at $2.98 despite REX-Osprey announcing that its XRP ETF (exchange-traded fund) will launch this week.

The fund will be the first of its kind to debut in the US, with Bloomberg analysts Eric Balchunas and James Seyffart predicting it will start trading on Thursday, along with the fund manager’s Dogecoin ETF.

The REX-Osprey™ XRP ETF, $XRPR, is coming this week!$XRPR will be the first U.S. ETF to deliver investors spot exposure to the third largest cryptocurrency by market cap, $XRP.

From REX-Osprey™, the team behind $SSK.@OspreyFunds

View Fund Prospectus:… pic.twitter.com/qMdKhfBZ0e

— REX Shares (@REXShares) September 15, 2025

XRPR will mostly hold XRP directly and will invest at least 40% of its assets into shares of other ETFs related to XRP.

Although the Securities and Exchange Commission (SEC) has yet to greenlight multiple spot crypto ETFs, the REX Shares and Osprey Funds have already seen their REX-Osprey Solana Staking ETF go live.

With SEC Chair Paul Atkins saying the agency is departing from the aggressive enforcement action seen under former SEC Chair Gary Gensler, dozens of proposals have been filed for several types of crypto ETFs.

XRP Price Faces Crucial Test Around Fibonacci Levels

The XRP price is currently consolidating after a sharp rally in July, forming a falling channel pattern since its peak near $3.66. 

This corrective structure has pushed the XRP price even lower, but recent price action shows XRP attempting to stabilize around the 0.618 Fibonacci retracement level at $2.99.

XRP also formed a Golden Cross earlier, with the 50-day Simple Moving Average SMA) crossing above the 200-day moving average, which is seen as a long-term bullish signal. 

However, in the short term, XRP’s inability to hold above $3.00 convincingly suggests hesitation among buyers.

Ripple Token Momentum Indicators Signal Cautious Optimism

The Relative Strength Index (RSI) is moving above the neutral point, currently at 51. This suggests that XRP is neither overbought nor oversold, leaving room for movement in either direction.

Meanwhile, the MACD (Moving Average Convergence Divergence) is showing early signs of bullish momentum. The blue MACD line has crossed slightly above the orange signal line, and histogram bars are beginning to turn positive.

If the Ripple token price holds the $2.99 support and builds upward pressure, the next key resistance lies near the 0.786 Fibonacci retracement at $3.28, followed by the channel breakout zone around $3.60.

According to TradingView data, XRP dominance broke out of a long-term 1–2.5% range in early 2025 and is now consolidating around 4.5% after peaking at 5.6%. Holding above 4% support could set up another push higher, while failing to break 5.6% may lead to more sideways action.

Meanwhile, crypto analyst on X, Ali Martinez, says that the XRP TD sequential flashed a buy signal, which may help the Ripple token to bounce.

$XRP is ready to bounce as the TD Sequential flashed a buy signal! pic.twitter.com/dtTwPlAqoy

— Ali (@ali_charts) September 15, 2025

Data also shows that XRP supply on Coinbase is down 90% in the past 90 days. With less liquidity, positive price action may be brewing.

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