- Price Rally: XRP climbed to about $2.64 on Oct 29, 2025 (up ~1.6% for the day) Investing, continuing a multi-day rebound. Over the past week, the token has risen from the mid-$2.30’s to ~$2.64, pushing to multi-year highs (roughly +12% in one week) Investing ts2.tech.
- Technical Breakout: Traders note XRP recently cleared ~$2.63, establishing a new base and challenging resistance around $2.70–$2.80 Coindesk ts2.tech. Chart patterns (inverse head-&-shoulders, cup-and-handle) suggest upside potential; failure to hold the mid-$2s support (~$2.60–2.62) could trigger a drop back toward ~$2.20 Coindesk ts2.tech.
- Market Signals: Volume has surged – Oct. 27’s breakout came on ~147% above-average volume ts2.tech – and on-chain data show exchange reserves falling (a bullish sign) Coindesk. RSI and MACD indicators are neutral-to-bullish, with recent dips followed by sharp bounces reflecting accumulation Coindesk Coindesk.
- Fundamental Drivers: Ripple’s legal victory and potential spot ETF approvals dominate the narrative. In August 2025 the SEC settled with Ripple (Ripple paid a $125 M fine, and XRP was ruled not a security in routine public sales) ts2.tech Financemagnates, removing years of regulatory uncertainty. Several firms (BlackRock, Grayscale, WisdomTree, etc.) have filed for spot XRP ETFs with decisions expected soon ts2.tech Nasdaq. A launch of an XRP ETF (already teased by one fund reaching $100 M AUM in Sept) is viewed as a potential catalyst that could “open the floodgates” of new institutional inflows ts2.tech ts2.tech. Meanwhile, Ripple’s ecosystem is expanding (recent buyouts of Hidden Road and GTreasury, new RLUSD stablecoin plans) Banklesstimes Banklesstimes, which proponents say should boost adoption.
- Macro & Crypto Market: The broader crypto market is buoyant. The Fed is widely expected to cut rates by 25 bps on Oct. 28–29, easing liquidity and lifting risk appetite Coindesk Reuters. Bitcoin is holding above $113,000 and Ether around $4,000 Coindesk; XRP’s rally has outpaced both (XRP is up ~440% Y/Y ts2.tech vs. Bitcoin’s ~30% in 2025 Reuters). On Oct. 29, XRP remained slightly above $2.60 as Bitcoin and Ether traded flat to slightly lower Coindesk. Analysts also highlight that geopolitical events (e.g. recent trade-war news) briefly roiled crypto prices, but institutional buying quickly returned Reuters Coindesk.
Analysis – Technicals: XRP’s charts show a bullish bias. CoinDesk analysts report that the critical near-term support now sits around $2.61–2.63 Coindesk, with resistance clustered near $2.70–2.80 Coindesk ts2.tech. A decisive close below ~$2.50 would undermine this structure Coindesk. Momentum indicators (RSI, MACD) have turned cautiously positive in recent sessions Coindesk, and the recent breakout was accompanied by heavy volume (one session saw volume ~31–147% above normal) Coindesk ts2.tech. Chart observers note a “cup-and-handle” consolidation forming on XRP’s daily chart; a confirmed move above ~$2.63 could project toward ~$5–$10 in theory ts2.tech. Conversely, failure of the ~$2.60 support band could invite a retest of the ~$2.20–2.40 zone Coindesk ts2.tech.
Fundamentals – Legal & Adoption: The market’s confidence is fueled by fundamental developments. In August 2025, Ripple and the SEC formally ended their long-running lawsuit ts2.tech Financemagnates. Crucially, the settlement left intact a 2023 ruling affirming that XRP sales to public investors are not securities transactions ts2.tech. “Now the SEC lawsuit has been removed essentially from all of their screens,” noted former Goldman analyst Dom Kwok Financemagnates, meaning institutional funds can finally talk about XRP without fear. In practice, U.S. exchanges (e.g. Coinbase) have already relisted XRP and flagged it as ETF-eligible ts2.tech. Ripple has also been busy expanding its network: it recently acquired broker-dealer Hidden Road (rebranded Ripple Prime) and treasury platform GTreasury Banklesstimes Banklesstimes, and is rolling out the new RLUSD stablecoin on Ripple’s rails Banklesstimes. These moves – along with ongoing corporate partnerships – are expected to deepen real-world utility of XRP.
Market News: Cryptocurrency media are tracking several key headlines. ETF Developments: Six asset managers (BlackRock, Fidelity/Ally, VanEck, etc.) have filed for spot XRP ETFs Nasdaq; analysts give ~95–100% odds of at least one approval by year-end ts2.tech Nasdaq. The first retail XRP ETF (Osprey’s XRPR) launched mid-Sep and quickly amassed over $100M ts2.tech. XRP Treasuries: Ripple-backed Evernorth (via SPAC Armada II) plans to raise $1B+ by early 2026 to buy and hold XRP Reuters Nasdaq, with $200M coming from SBI and Chris Larsen among investors Reuters. Other small “XRP treasury” companies (like VivoPower) have also emerged this year Nasdaq. Macroeconomics: Most market participants expect the Fed to cut interest rates on Oct. 28–29, which is giving crypto assets a boost Coindesk Reuters. Indeed, crypto indexes and Bitcoin set fresh highs on easing bets Reuters. Lastly, a recent executive order (Sept. 2025) cleared the way for crypto in 401(k)s, and U.S. regulators have passed stablecoin-friendly rules Reuters. All these “crypto-friendly” policies are cited as tailwinds for XRP and the sector at large Reuters.
“There are two parts to SWIFT today: messaging and liquidity,” Ripple CEO Brad Garlinghouse said mid-year. “If you’re driving all the liquidity, it is good for XRP … so I’ll say five years, 14% [of SWIFT volume].” Coindesk. In other words, XRP’s long-term bull case rests on capturing a slice of global remittance flows. Meanwhile, industry veterans emphasize the ETF catalyst: Wincent Digital’s Paul Howard commented that “approval of an XRP ETF is likely on the cards,” noting that Ripple’s progress on payments rails and legal clarity make an ETF a “net positive catalyst” that would open new institutional and retail channels Financemagnates. “This institutional shift is going to obviously create huge inflow,” added Dom Kwok Financemagnates as big funds diversify beyond Bitcoin/Ethereum.
Technical Quotes: Chart pundits echo the cautious optimism. One X (formerly Twitter) analyst (“CRYPTOWZRD”) pointed out that $2.62 is now solid support and that XRP must break $2.75 resistance to keep the rally alive Thecoinrepublic Thecoinrepublic. CoinDesk notes a classic inverse head-&-shoulders pattern and rising RSI/MACD, but warns that a close below ~$2.50 would negate the bullish base Coindesk Coindesk. Volume metrics confirm accumulation: recent sessions saw trading volume well above the weekly average (26–31% higher on Oct. 26–28 Coindesk Coindesk, and a one-day spike ~147% above normal on Oct. 27 ts2.tech).
Bitcoin & Ethereum Comparison: XRP remains the third-largest crypto (≈$150 B market cap) after Bitcoin and Ether ts2.tech. Bitcoin traded near $113–115K as of Oct. 29 Coindesk, and Ether held around $4,000–4,100 Coindesk. By year-to-date, Bitcoin is up roughly 30–35% (XRP is up ~400% YOY) ts2.tech Reuters. Notably, XRP has lagged Bitcoin/Ethereum in recent altcoin surges (e.g. BTC rally to new highs in late October Reuters), but its legal and ETF-specific catalysts are unique. Crypto market watchers also point out that the recent liquidations on Oct. 10 – when XRP briefly plummeted ~$2.77→$1.64 on a China-trade shock ts2.tech Coindesk – were quickly reversed by massive dip-buying ts2.tech.
Outlook: Sentiment is cautiously bullish. Analysts’ short-term price targets now center in the $3–$5 range. For example, Standard Chartered projects about $5.00 by year-end (and ~$12 by 2028) if ETF money pours in ts2.tech. Crypto.com research suggests a mid/high-single-digit price if flows materialize ts2.tech. Bloomberg modelers give a base-case year-end target ~$3–$5 (up to ~$6 in a strong scenario) ts2.tech. Conversely, skeptics note that without a definitive breakout or ETF win, XRP could consolidate or slip back toward $2.20–$2.50 ts2.tech Thecoinrepublic. As one CoinDesk analyst quipped, until XRP “decisively breaks out,”“talk is cheap; the market wants proof” of sustained momentum ts2.tech.
In summary, XRP’s October performance has been marked by volatility and resilience: a swift flash crash and rebound, followed by a measured climb through key levels. With a Fed rate cut imminent and regulatory ambiguity resolved, many investors are looking higher. As ETF approval looms and institutional narratives build, the consensus outlook is positive — but price action in the coming days (and any surprise from regulators) will be the ultimate arbiter.
Sources: Trading data and charts via Investing.com Investing and YCharts Ycharts; CoinDesk market analyses Coindesk Coindesk; Reuters reports (Oct 20 Evernorth/SPAC Reuters; Aug 2025 Ripple-SEC settlement Hklaw; Aug 2025 Bitcoin surge Reuters); TechStock² analysis ts2.tech ts2.tech ts2.tech ts2.tech; Nasdaq/Motley Fool (ETF & treasury news) Nasdaq Nasdaq; expert quotes from Coin Republic Thecoinrepublic Thecoinrepublic and Finance Magnates Financemagnates Financemagnates; crypto market commentary Coindesk Financemagnates.
