Overview
- XRP trades near $2.53 after a late‑October peak around $2.70, closing a roughly 50% monthly rise.
- The new REX‑Osprey XRP ETF surpassed $115 million in its first month, while CME XRP futures tallied about $26 billion in notional over five months.
- CryptoQuant reports its Whale Flow 30‑day moving average turned positive for the first time in four months, a sign of large‑holder buying.
- Analysts cite a multi‑year cup‑and‑handle and Elliott Wave structures with scenarios targeting roughly $4–$10, contingent on a high‑volume breakout.
- Multiple spot XRP ETF applications are under SEC review following approvals for other altcoin spot ETFs, with traders watching $2.50 support, $2.70 resistance, and a $3.50 confirmation level.