XRP Surges on ETF Hopes as October Decisions Loom
Ripple's XRP has been making waves in the crypto market, with recent price movements and regulatory developments capturing investors' attention. Despite the lack of bullish price targets as high as $20-$30 USD from analysts, market confidence in XRP's ETF approval has surged to 99%.
XRP's price has been trading near $2.85-$3 USD, with some support and anticipation for regulatory developments. While analysts are divided on short-term targets, longer-term bullish consolidation is predicted. Historically, October has not been XRP's strongest month, but the fourth quarter has consistently been its best-performing period. Multiple spot ETF decisions are scheduled between October 18 and 25, which could boost XRP's performance.
The XRP Fear & Greed Index is falling despite the rising price of XRP, mirroring a pattern seen before the last major market peak in 2020-2021. XRP has been consolidating within a descending triangle since July, with resistance near $2.96 and support near $2.70. The XRP SEC lawsuit, which contributed to the market top in 2020-2021, was resolved in 2025 with a $125 million settlement, clarifying XRP's regulatory status.
XRP's price and sentiment remain influenced by regulatory dynamics. With ETF approval estimates attracting significant inflows and upcoming ETF decisions, investors are eagerly watching XRP's performance. Despite the lack of immediate bullish targets, the crypto community anticipates a potential turnaround for Ripple's XRP.
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