XRP News Today: XRP's Bull Run Hinges on RSI Threshold and ETF Approval Timelines

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Friday, Oct 10, 2025 2:43 pm ET2min read
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Aime RobotAime Summary

- XRP shows bullish momentum with ascending triangle and wedge patterns suggesting potential $3.66+ breakout by 2025.

- Analyst Egrag highlights critical RSI threshold at 77 and $2.75 support level, with $5.05 target if ETF approvals materialize.

- $210M institutional inflows and 250M XRP cold storage transfers indicate long-term positioning ahead of regulatory clarity.

- SEC's streamlined ETF process and Ripple's lawsuit settlement reinforce XRP's institutional adoption potential.

XRP is showing strong bullish momentum, with technical analysts and market observers highlighting key patterns and indicators that suggest a potential breakout. Crypto analyst Egrag Crypto has emphasized that

is forming an ascending triangle, a technical pattern often associated with significant price surges, with a potential breakout expected between September and December 2025 Coingabbar[1]. The current price of XRP, trading around $2.87, remains above critical moving averages, including the 20-week EMA at $2.78, indicating strong long-term support Blocknews[2].

Egrag's analysis also points to a "Cracked Code" pattern in XRP's Relative Strength Index (RSI), suggesting a potential top for the asset in March or July 2025. Historical RSI behavior has shown that two-peak formations often precede bear markets, and Egrag warns that a second peak could signal a reversal Timestabloid[3]. However, he underscores that as long as the 77 RSI level on the two-week timeframe holds, the bullish trend remains intact. A successful test and bounce from this level would validate macro support and set the stage for further gains Timestabloid[3].

Institutional interest in XRP is also rising, with $210 million in inflows recorded in September 2025, despite market volatility . This trend is attributed to accumulating positions by large players, who are preparing for potential ETF approvals. The U.S. Securities and Exchange Commission (SEC) has streamlined its approval process for spot crypto ETFs, and XRP is among the tokens awaiting decisions. Analysts suggest that ETF approvals could unlock billions in institutional capital, potentially pushing XRP toward $5.05 by year-end .

Technical indicators further support a bullish outlook. XRP is currently in a descending wedge pattern, with resistance at $3.02. A breakout above this level could trigger a rally toward $3.61, approaching its all-time high of $3.66 . Conversely, a breakdown below $2.75 could lead to a retest of support at $2.64, invalidating the bullish thesis . Whale activity has also been notable, with 250 million XRP moved to cold storage in late September, signaling long-term holding behavior TradingNEWS[6].

Egrag's long-term forecast for XRP remains optimistic, with a $27 price target by 2025 based on historical price structures and on-chain metrics The Currency Analytics[4]. He argues that XRP's role in cross-border payments and institutional adoption will drive its utility, even as regulatory clarity removes a key overhang. The recent settlement in Ripple's SEC lawsuit, which affirmed XRP's non-security status in secondary markets, has bolstered institutional confidence BeInCrypto[9].

Market sentiment is further supported by XRP's growing dominance and Fibonacci analysis, which suggests a potential market cap of $1.5 trillion if the global crypto market reaches $10 trillion Coinpedia[5]. Analysts project that XRP could reach $5 or more in 2025, assuming it maintains support above $3.50 and breaks through $3.66 Coinpedia[5].

While short-term volatility remains a risk, the combination of technical strength, institutional inflows, and regulatory clarity positions XRP for a significant move. Egrag and other analysts caution that investors should monitor key resistance and support levels, as well as ETF approval timelines, to navigate potential price swings.