XRP
XRP is currently trading at $2.85 with a slight decrease (-0.0089%)
• Bloomberg analyst Eric Balchunas mentions that the chances of approval have reached "almost 100%"
• The SEC is expected to make a decision between October 18-25, 2025
• Betting predictions on Polymarket show a 99% probability of at least one ETF approval before the end of the year
Regulatory developments
• The SEC has requested issuers to withdraw old 19b-4 applications to align with new listing standards
• The goal of the operational shift is to expedite the approval process in accordance with the DGIM law
• BlackRock has previously integrated XRP for the ETF decision
• Supply concerns are increasing as only 21 million XRP remain publicly tradable
Trading forecasts
• The important support level at $2.85, and the resistance level at $3.00
• The MACD indicator shows bearish momentum while the RSI indicator recovers from the oversold area
• Institutional activity: large traders absorbed 4,553,156 XRP with a net inflow of 2,395,623 XRP
• Analysts' price forecasts range from $15 to $30 after approval, with some predictions reaching $33
• Regional performance is mixed: Asia and Europe are negative while the Americas are slightly positive
Sentiment indicators
• The community is divided on short-term expectations but is optimistic in the long term
• Ensure institutional interest through the size of XRP futures contracts amounting to 18.3 billion dollars and the launch of CME XRP options
• Current pullbacks are seen as buying opportunities before a potential ETF-driven rise
• Calculations related to supply shocks indicate a significant upside potential if demand materializes