Institutional crypto companies are all in on the XRP price. Dare we say based? XRP\u2019s run topped out at $3.50 earlier this month before sliding to $2.6935 on September 22, its lowest since July. The drop marks five straight days of losses, even with rate cuts and ETF speculation in the backdrop.<\/p>\n
Meanwhile, technical indicators are tilting bearish for XRP. The 200-day SMA hangs above $2.99, RSI sits in the 40s, and a head-and-shoulders pattern<\/a> forms with a neckline at $2.85. A clean break could drag prices toward $2.70.<\/p>\n \u201cKey level being retested\u2026 hold the higher low here, and $BTC likely pushes for $120,000 next,\u201d trader Jelle noted, pointing to Bitcoin\u2019s role in steering sentiment across majors.<\/p>\n (Source: TradingView<\/a>)<\/p>\n The next big catalyst for XRP arrives in October, when the SEC must decide on seven XRP-spot ETF applications from issuers including 21Shares, Bitwise, and Grayscale<\/a>.<\/p>\n Final deadlines for the ETF approvals are between October 18 and October 25, with 99Bitcoins analysts speculating that the agency may approve all at once to avoid giving any issuer a first-mover advantage.<\/p>\n (Source: X<\/a>)<\/p>\n If ETFs launch, they could unlock historic demand<\/a>. Republican lawmakers are already pushing to include crypto in 401(k) retirement plans, citing a potential market of 90m Americans.<\/p>\n JUST IN: US lawmakers ask SEC to implement President Trump’s executive order opening the $12.5 trillion 401k retirement market to crypto. pic.twitter.com\/aADcrfAjm2<\/a><\/p>\n \u2014 Watcher.Guru (@WatcherGuru) September 22, 2025<\/a><\/p>\n\n \u201cWe encourage the SEC to provide swift assistance\u2026 and review bipartisan legislation concerning accredited investors,\u201d wrote nine House Republicans in a September 22 letter.<\/p>\n DISCOVER: 20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n Despite a 2.7% gain in September, XRP remains shaky after August\u2019s 8.1% slide.\u00a0According to\u00a0DeFi Llama, liquidity is thinning<\/a><\/span>.<\/p>\n (Source: DeFiLlama<\/a>)<\/p>\n Rising Treasury yields and a stronger dollar pressure the crypto markets. The DXY has climbed back to 97.33, drawing money toward dollar-backed assets at the expense of speculative coins.<\/p>\n For bulls, the rebound hinges on a further Fed pivot and Wall Street continuing to rally support for ETFs.<\/p>\n DISCOVER:\u00a0<\/span>9+ Best High-Risk, High-Reward Crypto to Buy in July 2025<\/span><\/a><\/strong><\/p>\n The bullish setup for XRP hinges on three catalysts: 1) ETF approvals, 2) 401(k) integration, and 3) Ripple winning a US banking license.<\/p>\n \u201cIf rates continue to decline, does that money look to find a home elsewhere? If so, where does it go?\u201d asked Nate Geraci, NovaDius Wealth Management.<\/p>\n We could see XRP break above $3 and retest $3.20. However, bearish momentum may drag it toward $2.50 support without confirming each catalyst.<\/p>\n EXPLORE:\u00a0XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress<\/a><\/strong><\/p>\n Institutional crypto companies are all in on the XRP price. Dare we say based? XRP\u2019s run topped out at $3.50 earlier this month. <\/p>\n For bulls, the rebound hinges on a further Fed pivot and Wall Street continuing to rally support for ETFs. <\/p><\/div>\n The post XRP Price Drops Below $2.85 as ETF Hopes and 401(k) Access Loom<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Institutional crypto companies are all in on the XRP price. Dare we say based? XRP\u2019s run topped out at $3.50 earlier this month before sliding to $2.6935 on September 22, its lowest since July. The drop marks five straight days of losses, even with rate cuts and ETF speculation in the backdrop. Meanwhile, technical indicators […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-98940","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98940"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=98940"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98940\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Could October ETFs Rewrite the Bullish XRP Price Narrative?<\/h2>\n
What Do the Numbers Say About XRP\u2019s Market Position?<\/h2>\n
Will Grayscale and Capitol Hill Trigger an XRP Rebound?<\/h2>\n
Key Takeaways<\/h2>\n