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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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  • 2 minutes read

Exclusive: Pro-XRP Lawyer Sets Realistic XRP Price Target After ETF Launch

Story Highlights
  • XRP nears possible ETF approval as SEC decision window closes in; analysts expect steady rise toward $3 amid growing optimism.

  • Excitement builds for a U.S. spot XRP ETF as approval nears; experts see potential breakout toward $3 after Solana and Hedera ETFs.

The wait for a U.S. spot XRP ETF is entering its final stretch, and excitement across the crypto market is building. While Solana, Hedera, and Litecoin ETFs have already started trading on Wall Street this week, XRP remains the missing piece — but not for long.

XRP Price Holds Steady as ETF Buzz Builds

XRP is currently trading at $2.85, down by about 1% in the past 24 hours. Despite this dip, excitement remains strong as seven XRP ETF filings await approval from the U.S. Securities and Exchange Commission (SEC).

According to a recent report, the SEC’s decision window falls between October 18 and November 14, meaning that the first XRP spot ETF could be approved within weeks. Analysts say that the ETF’s launch could serve as the next major catalyst for XRP’s price, similar to what happened with other altcoins that recently received ETFs.

Following the launch of the HBAR ETF, Hedera’s price surged nearly 18% to $0.21, lifting its market cap above $8.8 billion and its trading volume to $1.1 billion. Many now expect XRP to follow a similar trajectory once its own ETFs debut.

Bill Morgan Calls for “Realistic Expectations”

Pro-XRP attorney Bill Morgan, speaking with Coinpedia, said that while the ETF approval could spark upside, XRP’s rise is likely to be steady rather than explosive.

“It won’t be as large as XRP influencers promote. Could take RP back over to $3,” he said.

The asset has seen increasing institutional interest since Ripple and the SEC settled their long-running legal battle earlier this year, clearing one of the final hurdles for ETF approval.

Technical Picture Points to Breakout

On the charts, XRP is showing early signs of strength despite recent consolidation. The token is currently testing resistance between $2.60 and $2.70. A confirmed breakout above $2.70 could send the price toward $2.88, followed by the next major resistance level around $3.10.

Technical data also shows a bullish divergence forming on the daily chart, signaling potential upward momentum. If Bitcoin maintains its bullish recovery, altcoins like XRP could benefit from a renewed wave of liquidity.

Outlook: Patience Before the Next Move

With ETF approvals for Solana, Hedera, and Litecoin now live, the market’s attention has shifted squarely to XRP. If the SEC sticks to its current schedule, the ETF could arrive by mid-November — and according to Morgan and other analysts, that could finally help XRP reclaim the $3 mark it last touched years ago.

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FAQs

When will the U.S. spot XRP ETF be approved?

The SEC’s decision window runs between October 18 and November 14, meaning an XRP ETF approval could arrive by mid-November if the schedule holds.

How could an XRP ETF impact XRP’s price?

An XRP ETF could boost institutional demand and lift prices, possibly pushing XRP back above $3 as investor confidence grows.

Why is the XRP ETF important for investors?

The ETF offers a regulated way to gain XRP exposure, increasing accessibility and potentially driving more mainstream adoption of the asset.

Is XRP expected to rise after ETF approval?

Analysts expect steady growth, not a sudden spike. A breakout above $2.70 could signal momentum toward the $3 resistance zone.

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