- XRP’s weekly chart mirrors its 2017 structure, with RSI coiling below 70, signaling potential momentum for a breakout toward higher Fibonacci zones.
- Whales accumulated 250 million XRP within 48 hours, aligning with ETF anticipation and reinforcing growing institutional confidence in the asset’s outlook.
- ETF approval odds near 100% could accelerate institutional inflows, creating heightened demand amid tightening XRP exchange reserves heading into Q4 2025.
XRP is again showing familiar bullish signals as a confluence of technical patterns, large-scale accumulation, and ETF speculation comes together. The market is watching closely to see whether XRP has the same rally again as in 2017, as institutional interest returns.
XRP Technical Setup Echoes 2017 Market Structure
According to Crypto Crew University, XRP’s weekly chart reflects a recurring structure that mirrors its historic 2017 bull phase. During that period, XRP moved above the mid-Fibonacci zone before bursting toward the red band two times as part of one of its largest rallies. Such a move followed an RSI breakout above 70, which is typically a strong signal of momentum.
In 2021, XRP followed a similar pattern but then stopped early at the green band, following an RSI move above 70 again. Now in 2025, XRP has reclaimed its midline (white) Fibonacci band and is trending toward the orange and green zones. The RSI is currently coiling just below 70, repeating the same pre-breakout structure seen in both previous cycles.
Technical analysts view this setup as a potential turning point. If the RSI crosses above 70 again, XRP could extend its advance toward higher Fibonacci bands, possibly revisiting the upper zones seen during its 2017 rally. The pattern points to growing bullish pressure building within the asset’s long-term structure.
Whale Accumulation Reinforces Market Confidence
Market data shared by Ali charts indicates that 250 million XRP were purchased by whales within 48 hours in early October. This accumulation wave coincides with rising anticipation surrounding XRP spot ETF filings, hinting at growing institutional and large-holder confidence.
The timing of this buying activity stands out as regulatory attention intensifies. Six XRP spot ETF applications are currently under review, with Grayscale’s decision expected on October 18. Additional filings extend into mid-November, setting the stage for a potentially decisive period for XRP’s institutional narrative.
Historically, such coordinated accumulation has been linked to early positioning ahead of major catalysts. Analysts note that whale activity in combination with tightening exchange supply may reinforce bullish pressure if regulatory outcomes favor the asset.
ETF Optimism Builds as Approval Odds Strengthen
According to Bloomberg ETF analyst Eric Balchunas, approval odds for spot crypto ETFs are now “essentially 100%.” He explained that new generic listing standards have made the 19b-4 review process largely procedural, leaving only S-1 filings awaiting clearance from the SEC’s Division of Corporation Finance.
Should XRP ETFs be approved, institutional inflows could draw quickly, increasing market demand during a time of multi-year low exchange reserves. A supply squeeze could develop, with the potential for amplified price reactions in the near term.
The confluence of technical alignment, whale accumulation, and growing ETF optimism positions XRP as one of the most closely watched assets entering Q4 2025. As RSI approaches its breakout threshold and institutional interest accelerates, traders are preparing for a potentially pivotal phase reminiscent of the 2017 market setup.
