Overview

• XRP trades around $2.85 after defending the $2.72–$2.75 band that analysts flag as pivotal, with URPD data showing a thin support gap down to roughly $2.51 if that floor gives way.
• SEC deadlines for multiple spot XRP ETF filings fall between October 18 and 25, starting with Grayscale on October 18 and followed by 21Shares, Bitwise, Canary Capital and WisdomTree, which market participants view as a potential catalyst.
• On-chain watchers reported aggressive accumulation, including a 17,555,420 XRP (~$48.9m) buy sourced from Kraken and 120 million XRP added over 72 hours, with distribution data highlighting a large demand cluster near $2.75.
• Chart setups point to a symmetrical triangle with resistance layers near $2.81–$2.92 and a breakout objective around $3.60, though some analysts caution that losing $2.75 could open targets from $2.51 down to the pattern’s bearish objective near $2.00.
• In parallel, Ethereum hovers near $4,000 with RSI readings described as oversold and Lookonchain noting 431,018 ETH moved into 16 wallets, as analysts cite Q4 seasonality and project rebound scenarios while acknowledging key resistance bands.