Overview

• Price action remains boxed between support around $2.77–$2.84 and resistance at $2.88–$3.30 after a failed push above $2.89 kept XRP under $3.00.
• Six spot XRP ETF applications from managers including Bitwise, WisdomTree, 21Shares, Canary Capital, CoinShares and Franklin Templeton face October deadlines, with Polymarket odds signaling a high probability of approval.
• Analysts cite potential inflows above $5 billion in the first month if approved and $10–$18 billion by year-end, framing the ETF outcome as the primary near-term catalyst.
• Technical views highlight converging patterns — descending and symmetrical triangles and a falling wedge — that point to a possible 25% move, with a close over $3.30 eyed for upside follow-through and downside risks flagged toward $2.34–$2.10.
• On-chain data show recent whale accumulation of roughly 340 million XRP even as exchange balances stay elevated above 3.5 billion tokens, and macro bets on Fed rate cuts after weak jobs data are seen as a supportive backdrop for risk assets.