XRP price: Why October will be the most bullish month of 2025

XRP has gained significant support at $2.80, triggering an October rally that could be propelled by the approval of spot ETFs and increased institutional investment. The price of XRP surged by 5% over 24 hours, recovering from a local low of $2.69 to trade near $3. Analysts noted that XRP is currently in a descending triangle pattern, and a breakout could indicate a potential increase up to $3.66 or even as high as $4.20 if whale buying intensifies. The upcoming decisions from the US Securities and Exchange Commission (SEC) regarding six spot XRP ETF applications, expected between October 18 and October 25, could further boost XRP’s market sentiment. Previous ETF approvals in the sector enhanced liquidity and quickened adoption, hinting at a promising environment for XRP in October. However, investors are reminded to conduct their own research as investment carries risks.

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