On Tuesday, XRP, the native cryptocurrency of Ripple’s XRPL blockchain, confronted rejection after hitting its highest worth level in almost two weeks at $3.04. The transfer upwards was largely pushed by hypothesis surrounding a possible spot XRP exchange-traded fund (ETF) launch in the USA and elevated institutional participation in XRP derivatives.
These catalysts have raised expectations about whether or not the third-largest crypto by market capitalization may revisit the $3.60 stage, final seen in July 2025.
XRP Futures Curiosity Soars as Buyers Anticipate Speedy Value Breakout
Demand for XRP futures climbed 5% over the previous 30 days, totalling 2.69 billion XRP, equal to $7.99 billion at present charges. Extra importantly, the variety of excellent XRP futures contracts listed on the Chicago Mercantile Trade (CME) jumped 74% throughout the identical interval, hitting 386 million XRP ($1.14 billion). This improve highlights robust participation in Ripple’s market from skilled fund managers and market makers.
Increased futures buying and selling exercise usually signifies curiosity within the asset and might present indicators of leverage imbalances, as lengthy and quick positions are all the time balanced. Throughout impartial market situations, XRP futures sometimes commerce 5% to 10% above spot markets to account for the longer settlement interval.
In the meanwhile, XRP month-to-month futures commerce at a 7% premium over its market price, suggesting that leveraged demand stays balanced, which is in step with the sample seen in the course of the previous month. Nonetheless, the rationale for the muted outlook on XRP is because of its underperformance in comparison with the broader altcoin market cap.
Whereas the altcoin market grew 14% since August, the worth of XRP has remained comparatively flat. The alt rally was supported by positive aspects made by Hyperliquid (HYPE), Solana (SOL), Cardano (ADA), and Ether (ETH). XRP’s most notable positive aspects final month got here following the settlement of a years-long authorized battle between Ripple and the U.S. Securities and Trade Fee (SEC).
Bloomberg Analysts Give 90% Odds of Potential U.S. XRP ETF Approval by November
The principle catalyst behind XRP’s present worth efficiency is the anticipation of an XRP ETF in the USA. Bloomberg analysts are giving a 90% odds of approval for the exchange-traded product monitoring XRP, however a last determination from the SEC on the matter can solely be anticipated in late October. Asset managers, together with CoinShares, Grayscale, Franklin Templeton, Canary Capital, and REX-Osprey, amongst others, have submitted functions to record and commerce a spot XRP ETF.
There’s a likelihood that the REX-Osprey XRP fund, which mixes ETF with exchange-traded notes (ETN), might arrive a lot earlier, because it doesn’t require a direct SEC approval.
In the meantime, RLUSD, Ripple’s USD-backed stablecoin, hit $700 million in property underneath administration (AUM), producing widespread consideration. Nonetheless, almost 90% of the token’s provide was issued on the Ethereum blockchain, creating little to no direct demand for the XRPL community. Moreover, the stablecoin market is dominated by established gamers with deeper liquidity, akin to Tether’s USDT and Circle’s USDC.
CryptoInsightUK Predicts XRP May Goal New ATH if it Breaks Previous $3.40 Resistance
In his newest market breakdown, crypto analyst ‘CryptoInsightUK’ famous that XRP has reached a “liquidity flashpoint” that might result in an acceleration in worth discovery for the coin towards mid-$4 ranges as soon as it reclaims key resistance ranges. He highlighted a cluster of liquidity sitting above the $3.40 space, with an bettering relative power index (RSI) versus BTC, ETH, and even gold. Nonetheless, he cautioned that the U.S. Shopper Value Index (CPI) print, due tomorrow, might inject short-term volatility.
The analyst cited that whereas the transfer may very well be to the upside, there may be nonetheless liquidity sitting beneath the present worth, and that may very well be “swept” earlier than XRP continues shifting ahead. He framed the latest momentum as constructive however “uneven”, making a sample of barely greater lows that might rapidly invalidate if XRP loses one among its pivot factors.
Additionally Learn: XRP Value Prediction – September 2025: Can ETF Hype Push Ripple Past $5?
He believes that XRP is “trying fairly robust” proper now, forming a pleasant bottoming sample with a transparent breakout; nonetheless, it’s preventing towards earlier swing highs. It’s vital for XRP to sequentially shut above successive resistance ranges, together with the zone slightly below $3.40, after which the trail to earlier peaks opens up. Breaking previous these ranges might put all-time highs “again on the desk”, he mentioned. XRP is up 11% from a latest native backside, and is extensively anticipated to make one other 10% breakthrough.
The analyst additionally famous that on the every day chart, XRP has important liquidity above its present worth stage and that over the previous 2-3 days, extra liquidity has been build up. He mentioned that after XRP breaks the $3.40 stage, it might resume its march towards the all-time excessive vary between $4.20 – $4.30, after which realistically goal $4.50, the place the futures liquidity is at present mendacity.
His backside line for XRP is to reclaim and maintain above $3.40, then convert that resistance into help, ensuing within the liquidity magnets at $4.20 – $4.50 coming into play. Failure to check the resistance zone might result in the worth declining to reap draw back liquidity, earlier than a renewed rally.
On the time of writing, XRP is buying and selling at $2.97, down 1.61% within the final 24 hours.
