XRP Rises 6% Amid Technical Strength and DTCC Listing of Five Spot ETFs

XRP Surges 6% as Spot ETF Filings Boost Institutional Interest

Token climbs to $2.40 on breakout, higher highs signal bullish momentum

XRP extended its bullish run Tuesday, rising 6.2% to $2.40 as institutional flows accelerated across major exchanges. The token broke decisively above $2.35 resistance on volume 169% above the daily average, reaching short-term highs near $2.43 before consolidating around key support.

ETF Filings Drive Sentiment

Institutional players including Canary Capital, Bitwise, Franklin Templeton, and 21Shares filed amended S-1 registration statements for spot XRP ETFs. The filings include standardized listing language designed to streamline SEC review under 8(a) procedures.

All five ETFs have been listed on the DTCC, signaling readiness for a potential U.S. launch this month. Analysts see the coordinated filings as a potential fast-track to approval, mirroring the momentum observed during Bitcoin and Ether ETF approvals earlier this year. The filings highlight strong institutional demand for XRP exposure amid improving network fundamentals.

Technical Analysis

XRP’s advance from $2.26 to $2.40 unfolded across three impulse waves, creating a $0.19 intraday range. A brief pullback to $2.395 tested support without disrupting the uptrend. Key indicators confirm bullish strength:

Higher highs and higher lows sustain upward momentum.
RSI near 64 and MACD divergence remain constructive.
TD Sequential signals on the 4-hour chart suggest continuation.
Whale transfers totaling 500,000 XRP created minor overhead pressure but did not break accumulation zones.

Consolidation between $2.39–$2.41 reflects controlled profit-taking rather than distribution.

Outlook

Traders are watching XRP’s ability to hold the $2.39–$2.395 support band:

Sustained closes above $2.40 could extend the rally toward $2.43–$2.50.
Failure to defend $2.39 risks retracement toward $2.34–$2.31.

ETF approvals remain the primary near-term catalyst. If one or more filings receive SEC greenlights, analysts expect a liquidity surge that could push XRP into the $2.54–$2.80 zone, continuing the broader Q4 rally.