XRP Price Jumps 2% As Bitwise Nears ETF Launch

The XRP value climbed 2% within the final 24 hours to commerce at $2.49 as of 8 p.m. EST on buying and selling quantity down that slumped 57% to $2.04 billion.

That is as Bitwise strikes one step nearer to launching a US-listed XRP ETF after submitting the “ultimate modification” to its S-1 registration with the US Securities and Change Fee (SEC) on Oct. 31. That indicators an approval could arrive inside weeks. 

The Bitwise XRP ETF is ready to commerce on the New York Inventory Change (NYSE) with a administration price of simply 0.34%, placing strain on different merchandise to maintain prices low. 

Bitwise simply filed Modification No. 4 for its XRP ETF with the SEC — one other step towards bringing spot $XRP publicity to U.S. markets.

This isn’t rumor; it’s proper on Kind S-1 underneath the Securities Act of 1933.Momentum’s constructing. #XRP #ETF #Ripple pic.twitter.com/Krtvd56gxF

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) November 1, 2025

The excitement across the Bitwise XRP ETF has introduced renewed curiosity to XRP, boosting sentiment across the coin and retaining it within the highlight.

XRP Worth: Sturdy Fundamentals, On-Chain Developments

XRP’s value enhance is being supported by robust fundamentals and on-chain developments. XRP is without doubt one of the world’s largest digital property, with a market capitalization above $30 billion.

The coin powers the XRP Ledger (XRPL) blockchain, which is greatest identified for quick cross-border remittances however can also be increasing into decentralized finance (DeFi) and asset tokenization. 

The community boasts over 5 million energetic wallets and constantly handles transactions in simply seconds, with charges underneath $0.01.​

On-chain information exhibits exercise on the XRPL has been rising forward of the ETF resolution. Transaction volumes are trending up, whereas whale wallets have resumed accumulation after minor promoting by short-term holders final week. 

XRP Ledger Lively Addresses Supply: CryptoQuant

Institutional flows are additionally robust, with elevated motion from exchanges into self-custody wallets, a traditional sign that buyers count on constructive value motion within the coming weeks. 

Consultants additionally level out that the upcoming ETF product may increase liquidity and scale back provide strain, as extra cash are locked into long-term funding merchandise.

The mix of rising community exercise, pockets progress, and institutional curiosity might be the gasoline wanted for additional value good points.​

XRP Worth Technical Evaluation: Indicators Of A Key Reversal

Trying on the technical facet, XRP’s weekly chart indicators an important second for merchants and buyers. After rebounding from lows close to $1.02 earlier in 2025, XRP set a excessive round $3.66 in July. The worth then retreated however held above each the 50-week and 200-week easy transferring averages (SMA), key assist ranges at $2.52 and $1.02, respectively.​

The current transfer again above the 50-week SMA is a crucial bullish signal, particularly because the ETF story unfolds. Patrons have defended the $2.45–$2.60 assist zone. If this vary holds, technicals recommend a possible push towards the earlier excessive at $3.66, with interim resistance close to $3.00.​

XRPUSDT Evaluation Supply: Tradingview

Quick-term indicators supply a mixed-to-bullish outlook. The Relative Energy Index (RSI) is at 47.35, which is impartial however leaves room for extra upside if momentum builds. The MACD (Transferring Common Convergence Divergence) histogram is flattening out, indicating that bearish strain is weakening and patrons may regain management quickly. 

The ADX at 23.66, whereas not signaling an especially robust pattern, is in keeping with ongoing accumulation at these ranges.​

If bulls maintain the worth above $2.52 and patrons reply to any brief dips, XRP may climb towards the $3 space rapidly as soon as the ETF information turns into official. Nonetheless, a drop under $2.45 would possibly set off short-term promoting and see XRP retest assist nearer to the 200-week SMA at $1.02 earlier than new patrons step in.

With ETF pleasure constructing and technical assist holding for now, the XRP value story seems to be extra bullish than not. The ETF resolution, anticipated inside weeks, could set the stage for the subsequent massive transfer as merchants eye each $3 and new all-time highs if present traits proceed.

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