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XRP Presses $2.93 Resistance as SEC Spot-ETF Decisions Near

Large holders added about 120 million tokens over three days as a cluster of October–November rulings, starting October 18, guides near-term positioning.

Overview

  • XRP traded around $2.84–$2.90 with repeated stalls near $2.92–$2.93, while $2.85–$2.86 formed a near-term support band and deeper supports sit near $2.79 and $2.58.
  • Seven spot-XRP ETF applications await SEC decisions, with Grayscale slated for October 18 and additional rulings from issuers including 21Shares, Bitwise, Canary Capital and WisdomTree running through mid-November.
  • On-chain tallies show addresses holding 10–100 million XRP accumulated more than 120 million coins over the past 72 hours, reinforcing the view of steady dip-buying.
  • Technicians flag $2.90 as a pivot, with a close above $2.93–$2.95 needed to target $3.00–$3.12, while failure to clear could refocus price toward $2.79 or $2.58.
  • Analyst scenarios span a short-term push toward $3–$4 to far longer-horizon targets such as $13–$33, with an extreme overshoot case to $200 described as speculative and contingent.