Goldman Sachs has quietly built a $154 million position in spot XRP ETF shares fueling bullish price prediction.
Bloomberg data confirmed it. The top 30 holders of spot XRP ETFs controlled roughly $211 million by end of 2025. Goldman accounts for the lion’s share of that.
Bloomberg Intelligence analyst James Seyffart broke down the numbers on Tuesday. Institutional conviction is clearly there.
But the price is not reflecting it yet. XRP is trading at $1.29, stuck in a tight descending channel and struggling to reclaim $1.50. Volatility is contracting hard.
XRP Price Prediction: Can XRP Price Break $1.50 Resistance Now?
XRP broke above $1.50, tapped $1.61, got rejected, and pulled back to sit right on top of the breakout level.
This retest is everything.
The symmetrical triangle breakout from last week stays intact as long as $1.50 holds. The repeated cup formations along the bottom trendline throughout the consolidation show genuine demand underneath. Buyers have defended this zone multiple times.
The path from here is clean. Hold $1.50 on this retest and price builds another push toward $1.61, then $1.90, then $2.20 above that. Fail to hold it and price slides back inside the triangle. The bearish path toward $1.30 and $1.12 becomes the active scenario.
The $1.61 rejection was sharp. Real supply is sitting there. The next attempt needs more momentum behind it than the first touch to clear it properly.
But the overall structure is still bullish. Weeks of accumulation, a clean triangle breakout, a retest of the breakout level, all while holding above $1.50 for the first time since mid-February.
Setup is intact. The next few candles decide it.
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The post XRP Price Prediction: Goldman Sachs Quietly Built a $154 Million XRP ETF Position — Why Is the Price Still Stuck? appeared first on Cryptonews.
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