XRP News Today: XRP's $3 Battleground: Short-Term Selloff vs. Institutional ETF Hopes
XRP's price slipped below the $3.00 support level following a recent rally to $3.10, as over 320 million XRPXRP-- tokens-valued at approximately $950 million-were moved to exchanges in the past week. This surge in exchange inflows has raised concerns among traders about potential selling pressure, with analysts noting that such movements often precede short-term volatility. The token's price action reflects a consolidation phase, trading between $2.95 and $3.05, while institutional activity and regulatory developments remain central to its near-term trajectory[6][7].
Institutional demand for XRP has remained robust, with $210 million in inflows reported in September 2025, driven by accumulating large players despite market fluctuations[3]. This trend aligns with broader expectations for a potential U.S. spot ETF approval, as seven XRP ETF applications face SEC deadlines starting October 19. Analysts suggest that even modest institutional adoption could significantly boost liquidity, with some projecting $3–$5 billion in inflows within the first year of an ETF launch[3].
Technical analysis highlights critical levels for XRP. The $2.99 support zone has held multiple retests, while resistance remains entrenched at $3.04–$3.05. A breakout above $3.05 could target $3.10–$3.12, contingent on sustained momentum and macroeconomic catalysts such as the Fed's October 29 rate decision[1]. Meanwhile, a descending wedge pattern on the daily chart suggests a potential bullish continuation, with a breach of $3.02 potentially unlocking a rally toward $3.61, historically a proxy for all-time highs[3].
Prediction markets and analyst forecasts reflect mixed sentiment. On platform EveryX, 58% of participants predict XRP will not reach $4 by October 31, 2025, while 42% anticipate success. Whale sell-offs of $480 million have created resistance at $3.00–$3.20, though institutional accumulation and regulatory clarity could counterbalance short-term bearish pressures[4]. Analysts like Ricardo Santos of Mansa note that recent exchange net position changes-showing 439 million XRP withdrawn-signal growing confidence, as investors shift assets off exchanges to reduce selling pressure[3].
Upcoming catalysts, including Ripple's scheduled token unlock and SEC decisions on ETF applications, will likely dictate XRP's direction. The SEC's recent approval of a generic rule for spot ETFs has streamlined the approval process, potentially accelerating XRP's inclusion in regulated investment products. A successful ETF launch could mirror Bitcoin's $49.6 billion inflows, injecting liquidity and institutional capital into the XRP ecosystem[8].
Despite short-term volatility, long-term fundamentals remain positive. XRP's Network Value to Transaction (NVT) ratio has fallen to 108.56, indicating undervaluation relative to on-chain activity[2]. Institutional partnerships, including tokenized money market fund trading with DBS and Franklin Templeton, further underscore XRP's utility in cross-border payments and institutional adoption[4]. However, a breakdown below $2.75 could invalidate the bullish thesis, aligning with historical October patterns of weakness[3].
Quickly understand the history and background of various well-known coins
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet