XRP News Today: XRP's 400% Bull Case Hinges on October ETF Approval, Technicals Suggest

XRP has emerged as a focal point for bullish sentiment in the cryptocurrency market, with technical indicators and on-chain data suggesting a potential 400% price rally. Analysts highlight a confluence of signals, including a confirmed breakout from a months-long falling wedge pattern and a golden cross in the 3-day Relative Strength Index (RSI). The wedge pattern, which typically signals a 30% upside target, has been validated as XRP retested its $2.80 breakout zone with improved momentum, while the RSI crossover suggests a shift in favor of buyers XRP Price Forecast: Falling Wedge Breakout Targets …^[1]. Historical data further supports this optimism: XRP surged 75% a month after a similar RSI golden cross in June 2025 and 575% following a comparable event in November 2024 XRP Price Poised for 30%-40% gains in October After RSI ‘Golden …^[2].

Technical analysis also points to a descending triangle breakout, which targets a 30% increase to $3.98 XRP Price Poised for 30%-40% gains in October After RSI ‘Golden …^[2]. This aligns with Fibonacci extension levels projected by commentator Tony Edward, who identifies $4.49 (1.618 level) as an initial target, with higher milestones like $9.14 (4.236 level) underpinned by sustained bullish momentum XRP at Liquidity Flashpoint: Bullish Outlook Amid Volatility^[7]. On-chain metrics reinforce the case, showing muted profit-taking despite XRP's rebound above $3. This contrasts with past cycles where extreme profit levels (90–100%) preceded sell-offs, suggesting current holders are more patient XRP Price Poised for 30%-40% gains in October After RSI ‘Golden …^[2].

A critical catalyst for XRP's trajectory is the anticipated approval of spot ETFs in October 2025. Eight major applications from firms like Grayscale and WisdomTree could unlock $3–5 billion in institutional inflows within the first year, potentially doubling XRP's market cap and pushing the price toward $5 or higher XRP Price Will Break Out If It Closes Above $3.40 - Bitget^[8]. This aligns with broader market dynamics, as XRP's Network Value to Transaction (NVT) ratio has dropped to 108.56, indicating undervaluation relative to on-chain activity Here’s How High XRP Can Go, According to Fibonacci …^[5]. Analysts at Bitget emphasize that a sustained close above $3.40 would confirm a breakout, opening the path to $3.66 and beyond .

However, risks remain. XRP must defend key support levels at $2.76 and $2.50 to avoid a reversal, while resistance at $3.30 and $3.66 will need to be breached for the bullish case to materialize XRP Analysis: Symmetrical Triangle and Neutral RSI Signal …^[3]. The symmetrical triangle pattern below $3.00 suggests a breakout is imminent, but volatility from macroeconomic factors-such as U.S. inflation data or regulatory delays-could disrupt momentum .

Despite these challenges, the cumulative technical and on-chain signals paint a compelling picture. If XRP maintains its current trajectory, the token could test $4.86 by year-end, with long-term scenarios projecting double-digit prices by 2030 under strong adoption and regulatory clarity . For now, October's ETF decisions and institutional flows will be pivotal in determining whether XRP can capitalize on its bullish setup and deliver the anticipated 400% rally.