- XRP has established strong support at $2.80, setting the stage for a potential breakout toward $3.66 or higher.
- The SEC will rule on multiple spot XRP ETF applications this month, possibly unlocking institutional inflows.
- Whale accumulation and strong onchain activity suggest October could be XRP’s most bullish month of 2025.
XRP has carved out strong support around $2.80, a zone where nearly 4.3 billion tokens were accumulated. This level has become the backbone of its current uptrend, helping push prices back toward $3. Analysts highlight that XRP is trading within a descending triangle pattern, compressing price action and priming the market for a decisive move.
If buyers manage to break above the triangle’s descending trendline, XRP could surge toward $3.40–$3.66. A symmetrical triangle breakout scenario, already mapped by technical analysts, even points to a potential rally up to $4.20 in October.
Institutional Catalysts in Play
Beyond technicals, regulatory developments could give XRP fresh momentum. The U.S. Securities and Exchange Commission is set to decide on six spot XRP ETF applications this month, with deadlines between October 18 and 25.
These decisions follow the SEC’s earlier approval of streamlined listing standards for spot crypto ETFs, signaling a more open stance after Ripple’s legal victory. If approved, ETFs could unlock billions in institutional inflows, mirroring the success of XRPR, which recorded nearly $38 million in volume on its debut.
Momentum Builds Ahead of Q4
XRP is already up 11% from its local low of $2.69, trading just below $3. This recovery comes on the heels of a record quarterly close, underscoring renewed investor confidence. With whales accumulating, strong onchain signals, and ETF speculation heating up, October is shaping up to be a defining month for XRP.
If support holds and catalysts align, XRP may not just reclaim higher levels but also strengthen its role as a leading altcoin heading into the final stretch of 2025.
