Can XRP Price See Uptober Rally Amid Several XRP ETF Approvals Ahead?

Ripple’s native cryptocurrency XRP is showing signs of a bounce back amid a broader crypto market rally. Market analysts are hopeful of an XRP price uptrend in Uptober with expectations of several XRP ETF approvals by the US SEC. As September comes to a close, the Ripple cryptocurrency is poised for an immediate breakout past $3.

XRP Price Bounces From Crucial Support, Uptober Rally Ahead?

Ripple’s native cryptocurrency, XRP, has once again bounced back from the crucial support level at $2.75. The altcoin has seen its daily trading volume surge 42% to more than $4.16 billion, highlighting strong bullish sentiment among traders.

Crypto analyst Ali Martinez noted that XRP is holding key support levels, indicating the token may experience a rebound. According to Martinez, XRP has the potential to climb toward $3 or even $3.15 if the support holds.

As we move into October, XRP investors are waiting on the sidelines with the expectation of several spot XRP ETF approvals by the U.S. Securities and Exchange Commission (SEC). Historically, XRP price has ended October in the red in 7 of the past 12 years, with an average decline of 4.58%. However, crypto bulls suggest this year could be different, as potential ETF approvals may provide a catalyst for a positive price movement.

XRP Price Can See Short-Term Dip Before Potential Upswing

Crypto analyst EGRAG Crypto suggests that the XRP price may experience one more short-term sell-off before a sustained uptrend. He estimates a 70% probability of a “flush out” before prices rise, calling it a healthier structural shift, rather than an immediate sharp pump that could trigger a correction.

EGRAG highlighted a potential fair value gap (FVG) between $2.35 and $2.40, noting that prices often revert to such levels over time. Using the 3-day chart for trend analysis, he believes this FVG could serve as a key support range. According to the analyst, this will provide a stronger foundation for an aggressive rally in the future.

The analyst anticipates XRP price could initially drop to around $2.65, but a deeper dip to $2.30–$2.40 may set the stage for a final upward leg. Market analysts believe that altcoins will see a strong rally in Q4 2025 and Q1 2026. This is when Ripple crypto could be poised for major gains ahead.

SEC To Take Call on Six XRP ETF Applications in October

The U.S. Securities and Exchange Commission (SEC) is approaching a critical week in October, with six spot XRP exchange-traded fund (ETF) applications nearing their decision deadlines. Rulings are expected between October 18 and 25, with the SEC potentially approving ETFs for additional altcoins, such as SOL and ADA.

The first U.S.-listed spot XRP ETF, the REX-Osprey XRP ETF (ticker: XRPR), launched in late September. It has already expanded to include options trading, signaling growing regulatory entry for XRP investment products.

Meanwhile, the Hashdex Index ETF received approval under the SEC’s updated listing standards. This framework enables the inclusion of additional crypto assets, such as XRP, in future ETFs.