The wait for a U.S. spot XRP ETF is entering its final stretch, and excitement across the crypto market is building. While Solana, Hedera, and Litecoin ETFs have already started trading on Wall Street this week, XRP remains the missing piece — but not for long.
XRP Price Holds Steady as ETF Buzz Builds
XRP is currently trading at $2.85, down by about 1% in the past 24 hours. Despite this dip, excitement remains strong as seven XRP ETF filings await approval from the U.S. Securities and Exchange Commission (SEC).
According to a recent report, the SEC’s decision window falls between October 18 and November 14, meaning that the first XRP spot ETF could be approved within weeks. Analysts say that the ETF’s launch could serve as the next major catalyst for XRP’s price, similar to what happened with other altcoins that recently received ETFs.
Following the launch of the HBAR ETF, Hedera’s price surged nearly 18% to $0.21, lifting its market cap above $8.8 billion and its trading volume to $1.1 billion. Many now expect XRP to follow a similar trajectory once its own ETFs debut.
Bill Morgan Calls for “Realistic Expectations”
Pro-XRP attorney Bill Morgan, speaking with Coinpedia, said that while the ETF approval could spark upside, XRP’s rise is likely to be steady rather than explosive.
“It won’t be as large as XRP influencers promote. Could take RP back over to $3,” he said.
The asset has seen increasing institutional interest since Ripple and the SEC settled their long-running legal battle earlier this year, clearing one of the final hurdles for ETF approval.
Technical Picture Points to Breakout
On the charts, XRP is showing early signs of strength despite recent consolidation. The token is currently testing resistance between $2.60 and $2.70. A confirmed breakout above $2.70 could send the price toward $2.88, followed by the next major resistance level around $3.10.
Technical data also shows a bullish divergence forming on the daily chart, signaling potential upward momentum. If Bitcoin maintains its bullish recovery, altcoins like XRP could benefit from a renewed wave of liquidity.
Outlook: Patience Before the Next Move
With ETF approvals for Solana, Hedera, and Litecoin now live, the market’s attention has shifted squarely to XRP. If the SEC sticks to its current schedule, the ETF could arrive by mid-November — and according to Morgan and other analysts, that could finally help XRP reclaim the $3 mark it last touched years ago.
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