XRP Price Prediction: Can ETF Launch Push XRP to $3?

Jakarta, Pintu News – The price of XRP (XRP) struggled to maintain its momentum on November 3, lingering around $2.40 as the overall crypto market entered a bearish phase.

The token dropped below the $2.50 psychological level, signaling investor indecision amid a wave of massive sell-offs that led to the liquidation of more than $395 million across major cryptocurrencies.

While short-term pressure remains, there is renewed hope from the potential approval of an XRP spot ETF in the United States. If approved, this is believed to push the price of XRP up to around $3, although it is still sluggish at the moment.

Meanwhile, Bitcoin (BTC) price fell below $108,000, with Ethereum (ETH) and Solana (SOL) also registering similar declines. However, if regulatory milestones such as ETF approval are actually achieved, this could be a huge trigger for XRP price recovery.

When market conditions stabilize again, there’s a good chance that a second bullish wave could emerge and fuel further price rallies.

Spot XRP ETF launch just around the corner, crypto market optimistic

According to ETF analyst Nate Geraci, a spot XRP ETF product is expected to launch in the next two weeks. He calls this launch the “final nail in the coffin” for regulators who are still opposed to crypto. This statement was welcomed positively by market participants, and is considered a big step towards wider adoption.

Read also: Will Ripple (XRP) Keep Losing Value? Here’s the Key Level It Needs to Break Through!

This ETF will provide direct exposure to XRP, as opposed to indirect exposure through derivatives. This makes it more attractive to investors who want to have direct ownership of the digital asset. The SEC’s recent approval of spot ETFs for Bitcoin and Ethereum also strengthens hopes that XRP will soon follow suit.

Major firms such as Grayscale, Bitwise, and Canary Capital have submitted XRP ETF proposals and are currently awaiting approval from the SEC. Previously, some decisions were delayed due to the US government shutdown, which made Grayscale fail to meet the deadline on October 17.

Meanwhile, Canary Capital has updated its filing with a target launch on November 13. With the regulatory push getting stronger, many market watchers believe that the green light from the SEC could come anytime.

XRP Price Poised for a Bullish Rebound in the Near Future

As of November 3, 2025, the price of Ripple (XRP) is at $2.40, reflecting the ongoing selling pressure in the market. The 4-hour chart shows that XRP experienced a sharp decline after failing to break the $2.70 resistance zone, and is now back testing the support area at $2.40.

Read also: Whale Throws $26 Million at Long Solana as Market Crashes – SOL Ready to Rise?

The Relative Strength Index (RSI) indicator is approaching the 34.80 level, which indicates that XRP is starting to enter the oversold zone. This suggests that the bearish pressure may be easing soon, and there is a chance for a short-term recovery if buying interest starts to increase.

Meanwhile, the Moving Average Convergence Divergence (MACD) indicator is still in the negative area, although it shows a bearish movement that is starting to weaken.

If the $2.40 support level is successfully defended by the bulls, then the price of XRP has the potential to rise again towards the $2.70 resistance zone. If the price is able to break above this level, then a move towards the $3.00 target could occur – providing a potential increase of around 24% from the current price.

Conversely, if the price drops below $2.40, then XRP could continue its decline all the way down to $2.20, an area where demand is expected to re-emerge and provide price support.

In conclusion, the short-term outlook for XRP is highly dependent on the possibility of a spot ETF being approved. If this approval happens, it could potentially trigger a strong bullish rebound. If market sentiment improves and regulations become more transparent, the price of XRP is expected to surge again and break the $3 resistance level in the near future.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• XRP Price Forecast: Spot ETF Approval Could Propel Token to $3. Accessed on November 4, 2025