XRP Set for Explosive Move After ETF Updates?

The latest cluster of filings from major asset managers has injected fresh speculation into the XRP price prediction. Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree all submitted updated S-1 amendments for spot XRP ETFs on Friday, signaling ongoing dialogue with the SEC. This wave of filings suggests issuers are aligning with regulator feedback, particularly around creation and redemption structures that now include both XRP and cash options. While the SEC has not granted approval, the synchronized timing of these amendments is being read as a strong step forward.

XRP Price Prediction: Why this matters for XRP Price?

An ETF approval represents more than just a headline. It provides a regulated gateway for institutional capital to flow into XRP. By broadening creation and redemption mechanisms, these filings make it easier for market makers to keep the ETF price in line with spot XRP. 

That kind of alignment attracts liquidity and builds trust with institutional allocators. While BlackRock’s absence keeps expectations in check, the breadth of current applicants is significant enough to shape investor psychology. In short, the filings shift sentiment toward cautious optimism, and that optimism is showing up on the charts.

XRP Price Prediction: Daily chart context

XRP price is trading near 3.02 after rebounding from the 2.90 zone. The Heikin Ashi daily candles show momentum trying to turn positive again. The Bollinger Bands are tightening, with the lower band at 2.85, the middle at 3.09, and the upper near 3.34. This narrowing range signals that volatility is compressing, often a precursor to a sharp breakout. The bounce from 2.90 has prevented further downside, but reclaiming the 20-day average around 3.09 is the immediate hurdle bulls must clear to confirm strength.

Key levels to watch

Support lies at 2.90 to 2.85. If that zone fails, downside targets stretch to 2.70 and potentially 2.50. Resistance begins at 3.09 and intensifies at 3.34, which is both the upper band and a recent supply level. A sustained push above 3.34 opens the door to 3.50, then 3.85 to 4.05, where July’s highs created heavy selling pressure. If XRP ETF optimism fuels momentum, stretch targets reach 4.35 to 4.50.

Short-term scenarios

The bullish case hinges on XRP ETF filings acting as a catalyst for volatility expansion. A daily close above 3.34 would likely spark momentum buying, driving XRP toward 3.50 and potentially retesting the 3.85 to 4.05 zone in the next 30 days. A neutral case would see XRP coiling between 2.90 and 3.34 until the SEC provides clearer signals, creating choppy but tradable ranges. The bearish case, less likely but still in play, is a close below 2.85 that drags XRP back to 2.70, erasing ETF-driven optimism and forcing a reset.

The bigger picture

The synchronized XRP ETF filings are a genuine positive, suggesting the market is edging closer to eventual approval. The chart, meanwhile, is at an inflection point: compressed volatility waiting for a catalyst. Whether XRP breaks higher toward 3.85 and beyond or slips back to 2.70 will depend on how traders weigh the timing of regulatory action. For now, the filings keep the bullish narrative alive, and price action near 3 dollars shows the market is bracing for a decisive move.

$XRP, $Ripple