XRP's ETF-Catalyzed Bull Run: Is $3.60 Within Reach?

The cryptocurrency market is on the cusp of a seismic shift, driven by regulatory clarity and institutional adoption. XRP, the digital asset underpinning Ripple's cross-border payment network, has emerged as a focal point of this transformation. With multiple spot XRP ETFs nearing approval and technical indicators flashing bullish signals, investors are asking: Can XRP realistically reach $3.60 in 2025?

Regulatory Tailwinds: ETF Filings as a Catalyst

The U.S. Securities and Exchange Commission (SEC) has long been a wildcard in the crypto space, but recent developments suggest a thawing of regulatory resistance. Franklin Templeton, Bitwise, and Canary Capital have all updated their XRP ETF filings with streamlined 8(a) language, a strategic move to expedite SEC approval, according to a Coinotag report. This approach removes provisions that could trigger extended review periods, effectively shortening the path to market.

21Shares has taken a parallel route, filing an 8(a) with the SEC that triggers a 20-day automatic approval window, according to a Cryptopolitan report. If unchallenged, its XRP ETF could launch by November 27, 2025. Market analysts project that up to five XRP ETFs could debut by mid-November, fueled by competitive filings and a broader industry push to diversify beyond Bitcoin and Ethereum, according to the Coinotag report.

The implications are profound. Institutional inflows, estimated at $5–$10 billion in the first month alone, could unlock $100 billion in trading volume by year-end, according to a LiveBitcoinNews forecast. This surge mirrors the momentum seen during Bitcoin ETF launches, suggesting XRP is poised to replicate a similar trajectory.

Technical Momentum: A Confluence of Bullish Signals

Price action and technical indicators paint a compelling case for XRP's ascent. As of November 2025, XRP trades near $2.30, but key resistance levels are already showing signs of capitulation. A bullish MACD crossover on the daily chart has pushed the price past $3.00, according to a Coinotag analysis, while a "Falling Wedge" pattern-typically a precursor to upward breakouts-suggests a target range of $4.17–$5.85, according to the same analysis.

On-chain metrics reinforce this optimism. Whale inflows have surged, with large-volume investors accumulating XRP at an accelerated pace, according to the Coinotag analysis. The 90-day spot taker cumulative volume delta has turned positive, signaling sustained buyer dominance, according to a CoinMarketCap report. Additionally, a pivotal resistance zone at $2.60–$2.70 is currently being tested, according to a TimeStabloid analysis. A breakout above this range could confirm a continuation of the upward trend, with $3.60 within striking distance.

Historical parallels further bolster the case. A Stochastic RSI bullish crossover in April 2025 triggered a 127% rally from $1.60 to $3.65. If similar conditions materialize, XRP could retest-and potentially exceed-this level.

The $3.60 Target: Realistic or Overhyped?

While some analysts project XRP reaching $5.50 or even $9 under extreme supply shock scenarios, according to the LiveBitcoinNews forecast, the $3.60 target is more grounded in near-term catalysts. The approval of XRP ETFs, combined with the resolution of Ripple's SEC lawsuit in August 2025, is expected to unlock institutional capital and drive demand, according to the Coinotag analysis.

However, risks remain. Regulatory uncertainty, though diminishing, could still disrupt the timeline. Additionally, macroeconomic factors such as interest rate hikes or broader market corrections might temper enthusiasm. Yet, given the alignment of technical strength and regulatory progress, $3.60 appears increasingly attainable.

Conclusion: A Convergence of Forces

XRP's journey to $3.60 hinges on two pillars: regulatory progress and technical momentum. The rapid advancement of ETF filings signals a shift in institutional sentiment, while on-chain activity and chart patterns suggest a market primed for a breakout. As the SEC's 20-day approval window for 21Shares' ETF looms and whale activity intensifies, the stage is set for a parabolic move.

For investors, the question is no longer if XRP can reach $3.60-but when.