XRP underwent stern selling under the pressure of the US-China trade war, putting the already wobbly markets into complete chaos because of the threat of tariffs and export restrictions. There are reports saying that the US government is weighing the possibility of restricting software exports to China, which would be a response to China’s limiting of rare earth exports. China’s rare earth exports dropped to 4,000 tonnes in September, which is a 31% decrease from the previous month.
Analysts indicate that trade news is a major factor influencing the entire cryptocurrency market including XRP. The situation with the tariffs that were proposed back in July resulted in the liquidation of over $19 billion worth of leveraged positions.
In the month of October, XRP went down to its 11-month low of $0.77703, then quickly bounced back to $2.6467. The uncertainty regarding the US-China trade agreement left XRP 16.8% down in October, which is a bigger loss than Bitcoin’s 6% decline. This demonstrates how XRP ETF delays impact price, while also affecting the XRP price outlook amid ETF delays for investors tracking XRP spot ETF approval status in 2025.
XRP falls as US-China trade war sparks market chaos, tariffs.
How Does the Government Shutdown Affect XRP ETF Delays Impact on Price?
The US government shutdown reached its 22nd day, and the SEC was not able to carry out its reviews. The 12th Senate vote was a failure by 54-46, which means that it was much fewer than the needed 60 votes.
Postponement of the approvals for XRP-spot ETF is the consequence of the government shutdown. The inflows of the institutional money remain frozen. In recent reports, analysts give a 3-4 week wait for SEC approvals after the reopening. According to Bloomberg, the SEC’s backlog has approximately 90 items, the odds of XRP still being approved by the end of 2025 are 85%.
The longer the government shutdown lasts, the greater the delay for the ETFs to be launched. The investor sentiment is still low, which leads to the pressure on the price momentum of XRP. This underlines why XRP ETF delays impact on price, highlighting challenges to XRP spot ETF approval status in 2025, and shaping the XRP price outlook amid ETF delays.
Why Are XRP ETF Delays Impact on Price Significant?
On October 22, XRP experienced a decrease of 2.4% after previously losing 2.95%, and the price went down to $2.3660. In comparison, the total crypto market experienced a small drop of 0.92%.
In the absence of the spot ETF, significant institutional money is still sitting on the sidelines. This lowers buying interest. The technical indicators show that XRP is trading under both the 50-day and 200-day EMAs, indicating a bearish sentiment.
The key support levels are at $2.2, $2.0, and $1.9. The resistance is placed at $2.6125 (200-day EMA) and $2.7069 (50-day EMA). If the price of XRP goes below $2.2, it might slide down to $2.0. XRP ETF delays on price are therefore crucial for traders assessing XRP spot ETF approval status 2025, and it heavily influences XRP price outlook amid ETF delays.
On October 22, XRP fell 2.4%, crypto market dropped 0.92%.
Can A Trade Agreement Shift the XRP Price Outlook Amid ETF Delays?
Absolutely. A trade agreement between the United States and China could have a positive impact on the market. The removal of tariffs and the relaxation of restrictions would likely increase investors’ willingness to accept risk.
Such a positive scenario might be coupled with ETF approvals and institutional investments. XRP could very well climb above $2.4 and target $2.7, with $3.0 as a potential price point. Analysts point out that having BlackRock’s iShares XRP Trust application could be a game-changer for the entire market, especially with the resumption of SEC approvals. XRP ETF delays’ impact on price could be reversed if trade agreements and ETF approvals align, improving XRP price outlook amid ETF delays and XRP spot ETF approval status in 2025.
What Are the Key Catalysts Influencing XRP Price?
The immediate destiny of XRP will be determined by several aspects:
- US-China trade announcements
- Reopening of the US government
- Approval of the XRP-spot ETF and conclusion of the institutional market
- Ripple’s application for a license to operate a bank in the U.S.
- Development of the Market Structure Bill and SWIFT-related events
On the contrary, among the bearish scenarios, shutdowns of the government continued, delays of the SEC and legislative blocks. Monitoring these factors helps predict the XRP ETF delays’ impact on price and informs the XRP price outlook amid ETF delays while tracking XRP spot ETF approval status in 2025.
Bearish scenarios include government shutdowns, SEC delays, and legislative blocks.
How Are Traders Navigating Technical Levels and Market Sentiment?
The trading in XRP requires an observation of the support level at $2.2 very carefully. If this point is crossed, the decline might go down to $2.0. The upper points of $2.4, $2.7, and $3.0 act as the limit where the weights of bullish potential are defined.
The mood of the investor is very much affected by the happenings in Capitol Hill and updates in international trade. The Spot ETF delays are putting the XRP in an uneasy trading range. Following the regulatory and corporate news is a must for managing risks. Traders closely consider the XRP ETF delays’ impact on price while factoring in XRP spot ETF approval status for 2025 and the XRP price outlook amid ETF delays.
Also Read: 3iQ Launches XRP ETF on Toronto Exchange with Ripple’s Support
FAQs
Q1: What is the current XRP spot ETF approval status 2025?
A1: The approval of the XRP-spot ETF is postponed as a result of the US government shutting down. But the probability of approval till the end of 2025 still stands at 85%. XRP ETF delays impact on price remains significant until approval.
Q2: How long could XRP ETF delays impact on price last?
A2: The delays might last for several weeks or even months depending on how long the shutdown lasts and how much backlog there is at the SEC.
Q3: What is the XRP price outlook amid ETF delays?
A3: XRP is still below the crucial EMAs and is trading in the vicinity of $2.3660. If it goes below the $2.2 mark, then it may decline to $2.0. XRP price outlook amid ETF delays remains cautious.
Q4: Could external events override ETF delays impact on price?
A4: Absolutely. A US-China trade pact or Ripple’s getting regulatory approvals might change the market sentiment in favor of XRP and boost its price.
