The recent activity surrounding XRP has reignited optimism in the cryptocurrency market, as a surge in price and institutional developments signal renewed investor confidence.
While most attention remains on Bitcoin and Ethereum ETFs, XRP has quietly positioned itself as the next beneficiary of expanding regulatory approval and institutional participation.
Ripple Bull Winkle (@RipBullWinkle), a well-known crypto analyst, recently emphasized that “everyone’s watching ETFs.” He linked to an article where he drew attention to XRP’s recent 3.6% climb.
This price recovery pushed the asset to $2.31, breaking above a key resistance level at $2.28. This technical move has drawn the attention of traders who see it as the start of a possible new bullish phase.
The next $XRP wave might’ve just been confirmed.
Everyone’s watching ETFs …..
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— Ripple Bull Winkle | Crypto Researcher 🚀🚨 (@RipBullWinkle) November 8, 2025
ETF Filings Signal Institutional Interest
A pivotal factor behind XRP’s latest move is the amended ETF prospectus filed by Canary Capital Group. The filing, which proposes the launch of an XRP ETF that could trade on Nasdaq under the ticker XRPC, marks a critical step forward for the asset’s institutional adoption.
The inclusion of Gemini Trust Company and BitGo Trust Company as custodians strengthens the filing’s credibility, signaling that serious infrastructure is being built to support regulated investment products for XRP.
Bloomberg analyst Eric Balchunas noted that the dual ETF filings could prompt the SEC to make its first decision on XRP-based products, a process that may unfold similarly to the approval timeline seen with other major cryptocurrency ETFs.
This observation aligns with market expectations that regulatory clarity could act as a catalyst for increased demand and liquidity.
Technical Confirmation and Market Structure
From a technical perspective, XRP’s decisive move above $2.28 is seen as a confirmation of strength after weeks of consolidation. Indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) have turned positive, suggesting that momentum is shifting toward buyers.
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The analyst noted that XRP’s ability to hold above $2.3 will be key in determining whether the current rally develops into a sustained uptrend. A confirmed close above $2.35 could open the path toward targets in the $2.54 to $2.8 range.
What’s Next for XRP?
On-chain metrics support the bullish case. The number of new XRP wallets has risen significantly, indicating expanding participation within the network. The asset’s current trajectory reflects a convergence of strong technical structure and advancing regulatory milestones.
The combination of ETF momentum, growing network activity, and consistent price performance above critical support levels forms a compelling case for traders watching the $2.3 to $2.35 range.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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