XRP Price Prediction: Aviva’s £50M Launch Meets $1 Support Risk

XRP price prediction remained under pressure after Aviva Investors launched another tokenized fund offering on the XRP Ledger. The asset manager announced the £50 million investment on Oct. 26.

Despite the institutional development, XRP traded near $1.28 during Monday’s session. Analysts continued monitoring downside risks after the cryptocurrency lost its short-term moving averages.

Aviva Launches Tokenized Shares in £22 Billion Sterling Fund

Aviva Investors introduced the share class on October 26 through its partnership with Ripple. The Sterling Liquidity Fund manages approximately £22 billion, making it the firm’s largest investment fund. Aviva’s £50 million allocation goes into the tokenized share class, while the broader portfolio continues to operate through its existing structure.

The announcement concerns digital fund ownership, rather than an institutional purchase of XRP. The new class gives eligible investors a way to hold shares without changing the fund’s investments.

The Ireland-domiciled fund launched in 2002 and operates under UCITS money market rules. Its portfolio holds high-grade, short-term debt instruments denominated in pounds sterling. Investors receive the same investment objectives, risk profile, daily liquidity, and regulatory protections as holders of conventional shares. d.

Ripple Partnership Extends to Second Money Market Fund

Aviva first introduced a tokenized share class for its US dollar liquidity fund in July. The sterling launch brings combined investments across the two offerings above £86 million. Aviva now ranks among Europe’s largest providers of tokenized money market funds based on its disclosed holdings. The firms began working together in February to develop blockchain-based access to traditional investment products. Aviva Investors CEO Mark Versey said the company plans to keep exploring fund tokenization with Ripple.

The sterling product uses a digital twin structure. Blockchain records represent investors’ shares, while the underlying assets remain in the conventional fund. BNY Mellon holds those assets, Komainu supports institutional digital asset custody, and Licuido supplies tokenization infrastructure.

Eligible investors need digital wallets to access the share class. Ripple says the network has processed more than four billion transactions since 2012 and has more than 130 independent validators.

Will XRP Price Drop Toward $1?

Meanwhile, Ripple token continues to trade below its 20-day and 50-day exponential moving averages following a bearish crossover on October 19. The 20-day EMA crossed below the 50-day EMA, forming a death cross.

A similar crossover in May preceded a 30% price decline through August. The latest XRP price prediction from ChartNord shows the altcoin struggling to recover above both moving averages, with the price trading near $1.28.

Further downside could bring the $1.248 support level into focus. A break below this level would expose the fair value gap between $1.00 and $1.25. Crypto analyst 360Trader identified $1.00 as a potential downside target, with the lower price range also serving as an area for possible accumulation.

The recent decline has brought XRP price closer to this zone, although the price has yet to confirm a breakdown below $1.248.

On the upside, XRP price faces resistance between $1.35 and $1.55, where previous trading activity was concentrated. Another fair value gap sits between $1.40 and $1.48. A recovery above these levels would move the price back into its previous trading range.

For now, XRP crypto remains below its short-term moving averages, while the $1.248 level serves as the next support to watch.

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry substantial volatility and potential losses. Readers should conduct independent research before investing.