Overview

• XRP traded around $2.80–$2.84 on Friday and continued to stall below resistance at $2.85–$2.88, with a break seen opening a move toward $3.00.
• Key support remains the $2.74 area, with downside levels at $2.70 and $2.65 if it breaks, while some analysts warn of deeper targets should the floor fail.
• Recent readings show fading bearish momentum, with RSI near 52 and MACD around neutral on higher timeframes, though hourly indicators softened overnight.
• The SEC is reviewing multiple spot XRP ETF applications from issuers including Grayscale, Bitwise and Franklin, with a final decision window in mid-October; Coindoo reports Bloomberg analysts estimating high approval odds, which remains an unconfirmed market view.
• On-chain and derivatives signals point to fragile sentiment, with rising exchange inflows, whale distribution and lower open interest, as traders also watch U.S. jobs data and upcoming Fed policy signals for near-term volatility.