Table of Contents:
XRP: Movement in ETF Approvals and Market Developments
Signs of Progress for XRP Spot ETF Approval
According to BTC Echo, the approval of a spot XRP ETF in the United States appears to be drawing closer. Several asset managers, including Grayscale, Bitwise, CoinShares, and Franklin, submitted updated statements for their planned spot XRP Exchange Traded Funds last Friday. Analysts interpret these filings as a sign of constructive discussions with the SEC.
ETF analyst James Seyffart from Bloomberg stated on X that the applications were "almost certainly filed due to SEC feedback," calling it "a good sign, but also largely expected." Nate Geraci, President of NovaDius Wealth, also commented, "It is very remarkable that they are grouping together. In my opinion, a very good sign." The SEC recently postponed decisions on several crypto ETFs, including those for Truth Social, Solana, and XRP. The decision on the 21Shares Core XRP Trust was delayed until October 19, 2025. However, observers consider approval almost certain. According to Polymarket, the probability of an XRP ETF being approved this year stands at 78%. Cardano also seems to have good chances.
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| ETF Candidate | Approval Probability (2024) | Next SEC Decision Date |
|---|---|---|
| XRP | 78% | October 19, 2025 |
Summary: Multiple asset managers have updated their XRP ETF filings, signaling progress in discussions with the SEC. The probability of approval in 2024 is estimated at 78% (Source: BTC Echo).
XRP Price Analysis: Record Hunt in Q4
Cointelegraph: Bitcoin & Krypto-Nachrichten reports that the XRP price chart shows parallels to a fractal pattern that could catapult the Ripple cryptocurrency to new record highs in the fourth quarter. The XRP price closed Tuesday with a daily candle below the psychologically important $3 mark, continuing its two-week correction. While the short-term outlook appears bearish, the long-term view remains positive, supported by a recurring fractal.
In January 2025, XRP rose to $3.40, before correcting to $1.60 in April. After encountering selling liquidity in both daily and weekly Fair-Value-Gaps (FVG), the price reached a local low. In July, XRP recovered strongly, reaching a new local high of $3.66. The current chart shows a similar setup, with a new FVG between $2.32 and $2.66. If this imbalance is balanced, the probability of another expansion phase increases, potentially paving the way for a breakout.
Based on the rate of declining returns, XRP could see a significant increase of 60% to 85% in Q4, with upside potential towards $4.35. The critical turning point is at $3.85, above which XRP would enter price discovery. Macroeconomic factors, such as possible interest rate cuts in the US, could further support the momentum.
| Period | High | Low | Potential Upside (Q4) | Key Resistance |
|---|---|---|---|---|
| Jan 2025 | $3.40 | $1.60 (Apr 2025) | 60% - 85% | $3.85 |
| Jul 2025 | $3.66 | - | Target: $4.35 | - |
On-chain data shows that large XRP holders ("whale addresses") have reduced their positions, but selling pressure is nearing exhaustion. In the second half of 2024, significant accumulation occurred between $2.00 and $2.50, which preceded the XRP rally. Similar accumulation zones are likely to reappear between $2.65 and $2.33.
- Short-term volatility remains likely.
- Long-term structure points to a continued uptrend into Q4.
- Whale activity historically plays a decisive role in price development.
Summary: XRP's price structure and whale activity suggest a potential for a 60% to 85% increase in Q4, with a target of $4.35 if resistance at $3.85 is broken (Source: Cointelegraph: Bitcoin & Krypto-Nachrichten).
Ripple Price Surges Above $3: Rally Gains Momentum
According to Bitcoin2Go, the Ripple price has reclaimed the $3 mark, demonstrating renewed bullish strength. The breakthrough brings the potential for further price increases into focus. The analysis highlights that if the US Federal Reserve actually lowers interest rates in September, this could trigger additional capital inflows into assets like Ripple (XRP).
The RSI in the 8-hour chart is currently at 49 points, showing a bullish crossover. The MACD also signals increasing bullish momentum. The Elliott Wave count in the 2-day chart indicates that XRP has completed wave 4 and is now in wave 5, with subwave (3) currently unfolding. Based on Fibonacci extensions, the target range for wave 5 is between $5.65 and $13.00, with psychologically important levels at $5.00 and $6.00 as possible milestones.
| Indicator | Current Value | Signal |
|---|---|---|
| RSI (8h) | 49 | Bullish crossover |
| MACD | - | Bullish momentum |
| Wave 5 Target | $5.65 - $13.00 | Potential upside |
On August 18, XRP reached a new all-time high of $3.66. The retest on the white trendline led to a price increase of over 90% in just 26 days. The breakthrough above the green trendline could drive XRP to a new all-time high. The indicators in the daily chart currently present a bullish picture, suggesting that XRP could soon expand to a new all-time high.
- RSI and MACD both show bullish crossovers.
- Elliott Wave analysis supports the bullish outlook, with potential for prices above $5.00.
- Interest rate cuts could provide further tailwind for digital assets like XRP.
Summary: Ripple (XRP) has surpassed $3, with technical indicators and Elliott Wave analysis pointing to further upside potential, possibly reaching between $5.65 and $13.00 (Source: Bitcoin2Go).
Sources:
- "Gutes Zeichen" für XRP: Kommt Bewegung in die ETF-Zulassung?
- XRP-Kurs: Drittes bärisches Setup in einer Woche—Das sollten Trader beachten
- BNB schließt sich der Unterstützung von USDe an, XRP und HYPE stehen als nächstes in der Reihe.
- XRP-Kurs mit guten Voraussetzungen für Rekordjagd im vierten Quartal
- Ripple-Kurs: XRP über 3 US-Dollar – Rallye nimmt Fahrt auf!
- XRP Kurs setzt Korrektur fort – fällt er noch tiefer?
