- Spot Taker CVD shows sellers remain in control, signaling ongoing profit-taking and a temporary resistance against sustained buyer dominance.
- Pending XRP spot ETF applications, including Franklin Templeton and XRPR, have driven market activity and high initial trading volumes recently.
- Technical resistance at $3, $3.2, and $3.66 will test market momentum, while ETF approval could trigger institutional demand and higher liquidity.
XRP spot ETF decision approaches, sparking attention from traders and investors as buyers and sellers weigh the market balance. Recent Spot Taker CVD data reflects ongoing seller dominance amid pending regulatory updates.
XRP Spot Market Trends
The Spot Taker CVD (90-day) measures cumulative differences between market buys and sells. In late 2024, buyers initially dominated, pushing short-term momentum higher. However, sellers regained control shortly after, keeping selling pressure persistent for months.
During summer 2025, buyers temporarily strengthened their position, signaling possible reversal potential. Despite this, renewed selling dominance has appeared, reflecting ongoing profit-taking. Traders note that strong buyer volume is necessary to shift control.
The CVD remains a practical tool for monitoring XRP’s short-term buy-sell balance. Currently, sellers maintain control, with buyers yet to assert decisive influence in the spot market.
XRP Spot ETF Filings and Market Activity
Several XRP spot ETF applications remain under review by the SEC. Franklin Templeton extended its filing to November 14, 2025, delaying regulatory clarity. Meanwhile, REX/Osprey launched XRPR, which recorded roughly $37.7 million in first-day trading volume.
Market participants suggest that new SEC regulations could accelerate approvals for crypto ETFs. Such expectations often result in pre-announcement rallies, followed by profit-taking. Some of this ETF optimism may already be factored into XRP’s current price.
Analysts watch trading volume closely as a signal for potential institutional demand. A notable increase could indicate readiness for further market participation through regulated products, affecting price movements and sentiment.
Potential Price Scenarios
If an XRP spot ETF receives approval, institutional demand may rise through regulated channels. This could increase liquidity, support spot purchases, and shift the CVD toward buyer dominance.
Key technical resistance levels exist at $3, $3.2, and $3.66. Success in breaching these points could attract further market interest and trading momentum. Conversely, rejection or delay could trigger profit-taking, lowering prices toward $2.2–$1.8.
The chart currently shows sellers in control, making immediate bullish movement uncertain. Holding above $3 is crucial, as a break below may result in a decline toward $2.4. Market participants continue monitoring volume and ETF developments closely.
