Ethereum and XRP Price Outlook After Iran Peace Talks Stalled and Closure of Strait of Hormuz
Ethereum and XRP held firm amid geopolitical turmoil after Iran stalled peace talks and the Strait of Hormuz was reportedly closed, prompting risk-off headlines and a spike in oil. ETH traded above $2,300 with analysts eyeing a move toward $2,500 if support holds; downside risk sits near $2,100. Institutional demand is lifting sentiment: spot Ethereum ETFs saw roughly $276M of net inflows last week while Bitcoin spot ETFs logged $996M, and Solana ETFs gathered about $35.2M. XRP remained resilient around $1.40, trading near $1.41 with upside targets to $1.45–$1.50. Overall the piece flags a bullish bias from ETF flows but balanced by mixed near-term risk from geopolitics and Fed policy uncertainty.