{"id":12145,"date":"2025-09-30T14:29:23","date_gmt":"2025-09-30T14:29:23","guid":{"rendered":"https:\/\/bitunikey.com\/news\/can-xrp-price-hit-10-in-a-uptober-rally-after-spot-etf-launch\/"},"modified":"2025-09-30T14:29:29","modified_gmt":"2025-09-30T14:29:29","slug":"can-xrp-price-hit-10-in-a-uptober-rally-after-spot-etf-launch","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/can-xrp-price-hit-10-in-a-uptober-rally-after-spot-etf-launch\/","title":{"rendered":"Can XRP price hit $10 in a Uptober rally after spot ETF launch?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP price is gearing up for a strong \u201cUptober\u201d rally in October as ETF approval odds jump, Ripple USD assets rise, and technicals align.<\/p>\n<div id=\"cn-block-summary-block_ab17f8fb10fddaf53875cb95e0b62c5d\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP price may surge in October amid bullish fundamentals.\u00a0<\/li>\n<li>The SEC is expected to approve numerous crypto ETFs in October.<\/li>\n<li>XRP may jump to $5, but hitting the important point at $10 will be unlikely.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ripple (XRP) was trading at $2.8585 today, Sept. 30, slightly above this month\u2019s low of $2.7212 and well below the year-to-date high of $3.66.<\/p>\n<h2 class=\"wp-block-heading\">XRP price boosted by strong fundamentals<\/h2>\n<p>The main reason XRP may stage a strong bull run in October is improving fundamentals.<\/p>\n<p>For example, the recently-launched REX-Osprey XRP ETF has had strong inflows, a sign of soaring demand among investors. It has now grown to over $67 million in assets in less than two weeks.\u00a0<\/p>\n<p>Other XRP ETFs have also recorded solid inflows in recent months. For example, Teucrium\u2019s XXRP ETF is near $400 million, while ProShares\u2019 fund is over $100 million.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>This growth suggests additional funds could see strong demand after launch. Some analysts predict these funds could collect over $8 billion in first-year inflows.<\/p>\n<p>Another top catalyst for XRP is the momentum in Ripple USD. It has added over $789 million in assets, making it one of the largest stablecoins in the industry.<\/p>\n<p>Meanwhile, the XRP Ledger is gaining momentum, with its total value locked in the real-world asset tokenization industry soaring to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.rwa.xyz\/networks\/xrp-ledger\" target=\"_blank\" rel=\"nofollow\">over $360 million<\/a>.\u00a0<\/p>\n<p>Macro factors may also support XRP, with many analysts expecting the Federal Reserve to continue cutting interest rates at the October meeting.<\/p>\n<h2 class=\"wp-block-heading\">Can Ripple price jump to $10?<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">XRP price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart shows XRP has been forming multiple bullish patterns. It has formed a descending wedge pattern, which is part of a bullish pennant. Wedges and pennants are highly bullish patterns.<\/p>\n<p>XRP also appears to be in the second stage of the Elliott Wave pattern. This phase is typically followed by the third wave, often the most bullish in technical analysis.<\/p>\n<p>The coin has also formed a bullish continuation pattern known as a cup-and-handle. Therefore, its fundamentals point to the potential for a short squeeze in October.<\/p>\n<p>The first target is the year-to-date high of $3.660, followed by the extreme overshoot level on the Murrey Math Lines tool. A break above that target could push XRP toward $5. The odds of hitting $10 during a potential Uptober rally remain limited.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP price is gearing up for a strong \u201cUptober\u201d rally in October as ETF approval odds jump, Ripple USD assets rise, and technicals align. Summary XRP price may surge in&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12145"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12145\/revisions"}],"predecessor-version":[{"id":12146,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12145\/revisions\/12146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11540"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}