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XRP gained 3% on September 7, second only to Dogecoin among top-10 coins.
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ETF speculation heats up ahead of SEC’s October 18–25 deadline window.
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Derivatives demand rising even as spot trading volume dipped 10.3%.
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Price consolidates near $2.88 with $3.07 as key breakout resistance.
XRP Rally Driven by ETF Speculation
Ripple’s native token, XRP, jumped 3% on Sunday, September 7, outperforming most large-cap cryptocurrencies apart from Dogecoin (DOGE), which rose 4%. The move comes as traders pile into altcoins with pending ETF filings, with the U.S. Securities and Exchange Commission (SEC) expected to deliver decisions between October 18 and October 25.
Prominent crypto analyst AlphaTrades highlighted seven different XRP ETF applications with critical deadlines falling within that one-week window. This timeline has fueled chatter across the Ripple community that regulatory clarity could provide the next big catalyst.
Futures Markets Signal Speculative Demand
Despite the uptick, XRP’s 24-hour spot trading volume dropped 10.3%, suggesting the rally was not driven by organic buying pressure. Instead, derivatives data confirms speculative positioning:
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Futures trading volume rose 17% in the past 24 hours.
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Open interest climbed 3%, showing new leveraged long positions.
This divergence highlights that XRP’s weekend gains are more about ETF-driven speculation than sustained spot demand.
Technical Outlook: Can XRP Break $3?
XRP currently trades around $2.88, consolidating after the Sunday rally. Indicators suggest a breakout may be imminent:
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Bollinger Bands: Tightening around $2.70 (support) and $3.07 (resistance), signaling volatility compression.
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RSI Momentum: Recovered from oversold to 48.3, hinting at renewed bullish pressure.
Bullish Case
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Break above $3.07 resistance opens the door to $3.20.
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Sustained ETF hype could extend targets toward $3.45 in the coming weeks.
Bearish Case
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Weak spot demand remains a risk.
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Heavy leveraged longs raise liquidation risk if sentiment flips.
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A breakdown below $2.70 support could drag XRP toward $2.50.
At present, technicals suggest range-bound trading below $3 until ETF headlines provide a fresh push.
Ripple Community Diversifies Into SUBBD Presale
The XRP rally has coincided with increased investor attention on new token launches. SUBBD ($SUBBD), an AI-powered platform for content creators, has gained traction with features blending fan engagement and creator monetization.
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Presale Price: $0.05625
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Funds Raised: $1.05M of the $1.26M target
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Availability: Limited discounted tiers remain on the official SUBBD website
The timing suggests that while traders are betting on an XRP ETF breakthrough, many are also hedging into early-stage presales for diversification.
Ripple’s weekend rally reinforces that ETF approval speculation is now the market’s main driver. With SEC deadlines fast approaching on October 18–25, XRP’s price action is likely to remain choppy and leverage-heavy.
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Above $3.07: Bulls could retest $3.20–$3.45.
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Below $2.70: Bears may regain control toward $2.50.
For now, XRP sits at a critical crossroads—awaiting regulatory clarity that could reshape its 2025 trajectory.
