XRP's ETF Hopes Ignite Bullish Wave to $9.69

XRP’s price trajectory has gained renewed attention among technical analysts and market observers, with multiple price targets emerging based on chart patterns, macroeconomic conditions, and regulatory developments. Recent analysis suggests that XRP could see a price range spanning from $3.62 to as high as $9.69, depending on market structure and broader crypto trends.

Technical analysis from Rose Premium highlights key resistance levels at $3.62, $3.86, and $4.10, with a clear breakout above $3.62 signaling a potential move toward the $4.5 target. This is supported by a tightening price action in recent sessions, which has drawn attention to a potential bullish breakout. The XRP/USD pair is currently consolidating above $2.920, and a sustained move above the $3.00 resistance could open the door to a $3.050 resistance level and beyond. Further gains might aim for $3.120 and $3.150, according to Mitrade Insights. However, a failure to clear the $2.980 level could lead to a correction toward key support at $2.930 and $2.860 [2].

On the other hand, more aggressive price targets are emerging from broader market analysis. In "The Weekly Insight," analyst @CryptoinsightUK maps a five-wave structure that could see XRP climb to $6.50 in Wave 3, consolidate above $5 in Wave 4, and potentially surge to $9.69 in Wave 5. This forecast hinges on XRP’s strong relative performance, its leadership in the altcoin space, and favorable macroeconomic conditions. The analyst also notes that XRP is outperforming Ethereum, which is still struggling to reclaim and hold its all-time high. The potential approval of XRP-based ETFs in the U.S., particularly in late October 2025, is also seen as a catalyst for a significant price move [3].

Options data from Deribit and Amberdata reflects bullish positioning in XRP, with call options trading at a premium across all tenors. As of the latest reports, XRP call options for the December expiry were 6 volatility points higher than put options, indicating a strong bias for a year-end rally. Market participants are particularly focused on the potential approval of spot ETFs by the U.S. Securities and Exchange Commission (SEC), which could trigger a sharp increase in demand for XRP. The potential first-month inflows into XRP ETFs are estimated to exceed $5 billion, creating a significant demand shock in a market where supply is partially escrow-locked [4].

The broader macro backdrop also plays a crucial role in XRP’s potential price trajectory. The S&P 500, Nasdaq, and other major indices are on the edge of or already in expansionary phases, signaling a risk-on environment that typically favors equities and alternative assets. The interplay between Bitcoin and gold is another key factor, with Bitcoin potentially bottoming around September 15, 2025, following historical patterns. Analysts note that a sharp resolution of Bitcoin’s current consolidation range could quickly carry the price toward $144,000 and beyond, which in turn could drive a broader altcoin rally [3].

While XRP remains in focus, traders are also hedging for potential volatility across major cryptos. Options data shows that Bitcoin and Ethereum still face downside risks, with traders buying put options to protect against price dips. However, for XRP and Solana, the sentiment is decisively bullish. Solana’s recent Alpenglow upgrade, which significantly improved transaction speeds, is also contributing to the positive momentum in the altcoin space [4].

The technical, regulatory, and macroeconomic factors aligning for XRP suggest a strong potential for upward movement, particularly if the next few months bring clarity on ETF approvals and broader market conditions continue to favor risk assets. Analysts remain cautious about potential pullbacks but emphasize that any dip could serve as a buying opportunity in a market that appears poised for a sustained bull run.

Source: [1] XRP Price Forecast: Technical Indicators Suggest $4.5 ... (https://www.tribuneindia.com/partner-exclusives/xrp-price-forecast-technical-indicators-suggest-4-5-while-unilabs-shows-potential-for-growth/) [2] XRP Price Action Heats Up – Bulls Eye $3.00 Breakout (https://www.mitrade.com/insights/news/live-news/article-3-1106531-20250909) [3] XRP Set to Lead Altcoin Boom With Explosive $9.69 Target ... (https://cryptorank.io/news/feed/cf7c6-xrp-set-to-lead-altcoin-boom-9-69-target) [4] XRP and SOL Signal Bull Run While Traders Hedge for ... (https://finance.yahoo.com/news/xrp-sol-signal-bullish-strength-062449930.html)