XRP News Today: ETF Hope, Whale Buying, and Waves: XRP Setup Is Too Clean to Ignore

Market sentiment surrounding XRP has turned decisively bullish ahead of key events this week, with analysts and investors signaling a potential turning point for the cryptocurrency. The renewed optimism is driven by a combination of technical indicators, growing institutional interest, and regulatory developments, particularly around the pending U.S. Securities and Exchange Commission (SEC) approval of spot XRP exchange-traded funds (ETFs).

Options data from Deribit reveals strong bullish positioning across all tenors, with XRP call options trading at a premium to puts by a margin of 6 volatility points as of the December expiry. This suggests market participants are anticipating a significant price move, possibly in response to the ETF decision window opening in late October 2025. At least six major fund providers, including WisdomTree, Bitwise, and 21Shares, have submitted applications to the SEC, and a synchronized approval or rejection could trigger a sharp price reaction. XRP currently trades at approximately $2.88, with some analysts projecting it could reach $50 by year-end if ETFs are approved [1].

Technical analysis also supports a bullish outlook. Michael XBT, a veteran analyst and self-described market psychologist, has urged XRP holders to “watch this week closely,” citing a track record of accurate predictions. Earlier in 2025, he forecasted a breakout from a seven-year bull pennant, which later played out with XRP surging nearly 600% from $0.50 to $3.40. Following a consolidation phase above $2, he suggests the next major move may coincide with a Bitcoin breakout [3].

Elliott Wave analysis further reinforces the bullish case. Analysts such as Davie Satoshi and Dark Defender have identified a textbook Wave 3 structure, historically the most powerful phase in a five-wave cycle. Dark Defender estimates XRP could reach $5.9 in Wave 3, with potential long-term targets approaching $10. Fibonacci extensions also point to key resistance levels at $3.35 and $5.9, with a successful breakout likely leading to a new price discovery phase [4].

Institutional and on-chain activity also signals strength. Whale accumulation has increased during recent dips, with large holders buying heavily under $2.70. On-chain data shows nearly 1.7 million XRP accumulated in one month—the largest buying spree in over two years. While the NVT (Network Value to Transactions) ratio has spiked to a two-month high, indicating the price may be outpacing network activity, analysts argue this is a common pattern before major breakouts [2].

XRP’s potential is also being driven by real-world utility. Ripple’s acquisition of Rail Financial and the launch of its RLUSD stablecoin could significantly boost XRP’s role in cross-border payments. Additionally, the global rollout of ISO 20022 compliance and the recent ProShares Ultra XRP futures ETF launch provide further catalysts for institutional adoption [5].

Despite ongoing uncertainty around bank adoption of XRP, analysts argue the cryptocurrency is finding new use cases in retail remittances, corporate payments, and the internet economy. With the global remittance market valued at nearly $860 billion annually, XRP’s ability to facilitate fast, low-cost transactions positions it as a viable alternative to traditional systems [7].

In summary, XRP is entering a critical phase with multiple technical and fundamental factors aligning to support a potential breakout. While risks remain, including regulatory delays and market volatility, the current setup suggests a strong case for XRP holders to remain cautiously optimistic.

Source:

[1] XRP and SOL Signal Bull Run While Traders Hedge for ... (https://finance.yahoo.com/news/xrp-sol-signal-bullish-strength-062449930.html)

[2] XRP Hits Record-Breaking Buying Spree (https://www.cointribune.com/en/crypto-xrp-records-a-buying-record/)

[3] Market Psychologist Says Watch XRP This Week: Here's Why (https://thecryptobasic.com/2025/09/08/market-psychologist-says-watch-xrp-this-week-heres-why/)

[4] XRP Price Targets $3.33 Breakout in Elliott Wave Context (https://www.thecoinrepublic.com/2025/09/04/xrp-price-targets-3-33-breakout-in-elliott-wave-context-details/)

[5] Analyst Says XRP Setup Is Too Clean to Ignore, Builds ... (https://thecryptobasic.com/2025/09/08/analyst-says-xrp-setup-is-too-clean-to-ignore-builds-case-for-30-price/)

[6] Ripple (XRP) Price Moves Toward $3 as Community ... (https://finance.yahoo.com/news/ripple-xrp-price-moves-toward-215804400.html)

[7] What If Banks Say No to XRP, Here's Why XRP Still Wins ... (https://thecryptobasic.com/2025/09/08/what-if-banks-say-no-to-xrp-heres-why-xrp-still-wins-without-wall-street/)