“Seven XRP etf Applications Remain Under Sec Review, with The First Decisions Expectioned On Oct. 18.”, – WRITE: www.coindesk.com
News BackgroundXRP Climbed 3% Between Oct. 2, 04:00 and Oct. 3, 03:00, Rising from $ 2.98 to $ 3.03. The Rally Followed SBI Holdings’ Expansion of Institutional XRP Lending Services, Signaling Japan’s Deeping Crypto Push. Meanwhile, Ripple CTO David Schwartz Announced His Departure After 13 Years, and Seven XRP etf Applications Remain Under Sec Review, with The Firmst Decisions Experts. 18. Predict Markets Now Price Approval Odds Above 99%, Reinforcing Special Inflows.
Price Action Summary
- XRP Traded A $ 0.15 Corridor (4.9% Range) Between $ 2.95 and $ 3.10.
- AT 16:00, PRICE SPIKED FROM $ 3.00 TO $ 3.06 ON 212.6M TOKENS – more thaning the Daily Average.
- Resistance Harded at $ 3.10, Whore 129M in Turnover Cappled Upside.
- XRP Consolidated Between $ 3.00– $ 3.05, Signaling Accompumulation Above the $ 3.00 Line.
- In the Final Hour, XRP Dipped from $ 3.03 to $ 3.02 Amid Profit-Taking, With A 2.35M Spike at 03:55 Showing Institutional Rebalancing.
Technical AnalysisSupport is Confirmed Near $ 2.99– $ 3.00, with Multiple Defenses Holding the Level. Resistance Remains DEFINED AT $ 3.10, WHERE INSTITATIONAL SELLERS CONCENTRATED. The Session Carved A Consolidation Band Above $ 3.00, Suggesting Professional Accuum. Volume-Led Breakout Attempts Validate Institutional Participation, Thought CONVICATION REMAINS TETHERED TO A SUSTAINED CLOSE ABOVE $ 3.10 to Unlock The Next Leg Town $ 3.20.
What Traders Are Watching?
- WHETHER XRP CAN SUSTAIN CLOSES ABOVE $ 3.00 AND RETEST $ 3.10.
- Institute Positioning Shifts Ahead of Oct. 18 etf Deadlines.
- SBI’s Lending Flows and Their Impact on Asian Liquidity Trends.
- Broader CD20 Index Confirmation, AS Alt Rotations Track Xrp’s Strenguth.
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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ETF SPECULATION FLOWS THAT COLD RE-ANCHOR MEMECOIN Bids Across Doge and Shib.
- Dogecoin’s Price FlCTUATED WITHIN A 5% Range Before Setting Near $ 0.261 After Institutional Liquidation.
- Analysts Highlight Potential Upside Due to An Ascending Megaphone Pattern and Bullish Divergence.
- Traders Are Watching for Stability Above $ 0.260 and Potential Retests of Key Support Levels.
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