On Tuesday, XRP, the native cryptocurrency of Ripple’s XRPL blockchain, faced a denial after reaching its highest price range at $3.04 in about three weeks. The move was driven primarily by speculation surrounding the launch of the potential spot XRP Exchange-Traded Fund (ETF) in the US and by increasing institutional participation in XRP derivatives.
These catalysts raised expectations about whether the third-largest crypto could revisit the $3.60 level, which was last seen in July 2025.
XRP futures interest will skyrocket as investors predict rapid price breakouts
Demand for XRP futures has risen 5% over the past 30 days, totaling 26.9 billion XRP, representing $7.99 billion at current rates. More importantly, the number of outstanding payments is XRP Futures Contract Listed on the Chicago Mercantile Exchange (CME), jumped 74% over the same period, reaching 386 million XRP ($1.14 billion). This increase highlights Ripple’s strong participation in the market from professional fund managers and market makers.
Higher futures trading activities often show interest in assets, and can provide a signal of leverage imbalance, as long and short positions are always balanced. In neutral market conditions, XRP futures typically account for longer settlement periods, surpassing spot markets by 5% to 10%.
At this point, XRP monthly futures are trading at a premium of 7% above the market rate, suggesting that the demand for revered is balanced, consistent with patterns seen over the past month. However, the reason for the muted outlook for XRP is because its performance is lower compared to the broader Altcoin Market capitalization.
The Altcoin market has grown 14% since August, but XRP prices remain relatively flat. Alt Rally was supported by benefits created by Hyperquid (hype), Solana (Sol), Cardano (ADA), and Ether (ETH). Last month’s XRP’s most notable profit followed the resolution of a long-standing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).
Bloomberg analysts will give the potential 90% odds for US XRPETF approval by November
The main catalyst behind XRP’s current price performance is XRP ETF predictions In the US. Bloomberg analysts have given the approval odds of 90% for product tracking traded on XRP-tracking exchanges, but a final decision from the SEC on the issue is only expected in late October. Asset managers such as Coinshares, Grayscale, Franklin Templeton, Canary Capital and Rex-Soprey have submitted applications to list and trade Spot XRP ETFs.
A Rex-Soprey XRP fund combining ETFs with Exchange-Traded Notes (ETN) may arrive much earlier as they do not require direct SEC approval.
Meanwhile, rlusd, Ripple USD backed Stablecoinreached a $700 million assets (AUM) under management, attracting widespread attention. However, almost 90% of the supply of tokens is issued on the Ethereum blockchain, with little direct demand for XRPL networks. Furthermore, the Stablecoin market is dominated by established players with deeper liquidity, such as Tether’s USDT and Circle’s USDC.
Cryptoinsightuk predicts that if XRP breaks past the $3.40 resistance, it could target a new ATH
In his latest market breakdown, Crypto analyst “Cryptoinsightuk” pointed out XRP has reached the “fluidity flash point” It could lead to accelerated price discovery for coins when regaining key resistance levels. He improved his relative strength index (RSI) compared to BTC, ETH and even gold to highlight the liquidity cluster above the $3.40 area. However, he warned that short-term volatility could be injected into printing the US Consumer Price Index (CPI) tomorrow.
Analysts said the move could be an advantage, but there is still liquidity below current prices and could be “sweeped out” before XRP moves forward. He is surrounded by recent momentum as constructive but “cuttered,” creating a slightly higher low pattern that will quickly become invalid if XRP loses one of its pivot points.
Read again: XRP Price Prediction – September 2025: Can ETF hype push ripple above $5?
He believes that XRP now “seems to be pretty strong” and forms a nice bottom pattern with a clear breakout. But it’s fighting the previous swing best. XRP must sequentially exceed continuous resistance levels, including zones below $3.40. The path to the previous peak will then open. Beyond these levels, he said, we could “return to the table” the highest ever high. XRP has risen 11% from its recent local bottom, and is widely expected to make an additional 10% breakthrough.
Analysts also noted on their daily charts that XRP is significantly more liquid than current price levels, with more liquidity being built over the past two to three days. He said that if XRP breaks the $3.40 level it could resume marching towards its all-time high range between $4.20 and $4.30, potentially targeting $4.50 in reality.
His conclusion on XRP is that by collecting and holding it above $3.40 and converting that resistance into support, it brings out liquidity magnets between $4.20 and $4.50. Failure to test the resistance zone can cause prices to drop before a new gathering.
At the time of writing, XRP has declined 1.61% over the last 24 hours, trading at $2.97.
