XRP News Today: XRP's Fate Hinges on SEC's October ETF Decision Window

XRP has recently drawn renewed attention from the crypto community and speculative traders amid mounting anticipation for U.S. Securities and Exchange Commission (SEC) decisions on spot XRP ETF proposals. On September 5, XRP dropped 4% to $2.84 after failing to break through the $2.88–$2.89 resistance zone, despite institutional inflows absorbing part of the selling pressure. Over the preceding week, the asset experienced a 3% intraday rally on September 7, partly driven by speculative demand as seven asset managers are set to submit ETF filings between October 18 and October 25 [1].

The surge in speculative activity was evident in XRP's derivatives market, with Coinglass reporting a 17% rise in futures trading volume and a 3% increase in open interest over the past 24 hours. This aligns with broader market speculation that the impending ETF decisions could act as a catalyst for renewed price momentum. Analyst AlphaTrades has highlighted the importance of these filing deadlines, suggesting they could influence both short-term volatility and longer-term positioning for XRP [1].

Bloomberg analyst James Seyffart has also weighed in on the potential for altcoin ETFs, including XRP and Cardano’s ADA. Seyffart noted that several tokens, including XRP, have met the so-called “generic listing standards” and could be fast-tracked for ETF approval once the SEC opens the door to broader crypto assets. Seyffart emphasized that XRP’s strong futures market and liquidity position it as a viable candidate for inclusion in ETFs alongside other major tokens like Solana and Dogecoin [3].

Technical analysis shows XRP consolidating near $2.88, with Bollinger Bands narrowing around key support and resistance levels. A break above $3.07 could open the path to $3.20 and eventually $3.45, should ETF speculation intensify. Conversely, a breakdown below $2.70 support could see the price retreat toward $2.50, particularly if macroeconomic headwinds or leveraged short-term traders trigger liquidation events. The RSI remains in a mid-level range, suggesting neither a strong bullish nor bearish bias at this stage [1].

Despite recent volatility, institutional interest in XRP remains strong. In the past 340 million XRP tokens have been added to institutional portfolios, even amid short-term distribution pressure. Analysts note that this accumulation could signal long-term confidence in the token, especially if regulatory clarity continues to improve following Ripple’s recent settlement with the SEC. The 47-day consolidation phase is being compared to XRP’s historical price patterns, with some strategists expecting a potential breakout in the coming months [2].

As the market awaits the SEC’s October decisions, XRP’s performance will likely remain closely tied to ETF-related speculation. With seven active ETF filings and growing institutional participation, the token is positioned to benefit from broader market shifts. However, traders are advised to remain cautious, as leveraged positions and macroeconomic factors could lead to sharp corrections if sentiment shifts unexpectedly [1].

Source:

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

[2] XRP Drops 4% After $2.88 Rejection as ETF Speculation... (https://www.coindesk.com/markets/2025/09/05/xrp-holds-usd2-84-after-v-shaped-recovery-from-midday-lows)

[3] Bloomberg Analyst Explains Why XRP and ADA ETFs... (https://coinpedia.org/news/bloomberg-analyst-explains-why-xrp-and-ada-etfs-could-be-next-in-line/)