XRP Price Falls Under $2.85 Amid ETF Expectations and 401(k) Accessibility Concerns

Crypto institutions are highly invested in the XRP price. Should we call this based? XRP peaked at $3.50 this month before retreating to $2.6935 on September 22, marking its lowest point since July. This decline signifies five consecutive days of losses, despite the backdrop of rate cuts and speculation surrounding ETFs.

On the technical front, indicators are leaning towards a bearish outlook for XRP. The 200-day SMA remains above $2.99, the RSI is situated in the 40s, and a head-and-shoulders setup is forming with a neckline at $2.85. A decisive break could push prices down towards $2.70.

“A critical level is being reassessed… if we maintain the higher low here, then $BTC is likely to reach for $120,000 next,” observed investor Jelle, highlighting Bitcoin’s influence on the sentiment across major coins.

Will October ETFs Change the Optimistic XRP Price Perspective?

The next significant trigger for XRP is set for October when the SEC is expected to make decisions on seven applications for XRP-spot ETFs from firms such as 21Shares, Bitwise, and Grayscale.

Final approval dates for these ETFs range from October 18 to October 25, with analysts at 99Bitcoins speculating that the agency might approve all at once to prevent any issuer from gaining a competitive edge.

If the ETFs are launched, they could unleash massive demand. Republican lawmakers are already advocating for crypto’s inclusion in 401(k) retirement plans, highlighting a trading market that could involve 90 million Americans.

JUST IN: US lawmakers urge the SEC to enforce President Trump’s executive order that opens the $12.5 trillion 401k retirement crypto market to cryptocurrencies. pic.twitter.com/aADcrfAjm2

— Watcher.Guru (@WatcherGuru) September 22, 2025

“We urge the SEC to offer expedited support… and to review bipartisan efforts regarding accredited investors,” expressed nine House Republicans in a letter dated September 22.

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What Do the Metrics Indicate About XRP’s Trading market Standing?

Even with a 2.7% rise in September, XRP remains unstable following August’s 8.1% decline. As per DeFi Llama, market fluidity is diminishing.

Increasing Treasury yields and a stronger dollar are straining the crypto sector. The DXY has surged back to 97.33, attracting funds toward dollar-based assets at the expense of speculative cryptocurrencies.

For optimistic investors, the rebound relies on further Federal Reserve adjustments and ongoing price floor from Wall Street for ETFs.

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Will Grayscale and Congressional Actions Spark an XRP Recovery?

The optimistic outlook for XRP depends on three key triggers: 1) ETF authorization, 2) integration into 401(k) plans, and 3) Ripple obtaining a US banking license.

“If interest rates keep falling, where will that capital seek refuge? If so, where will it go?” inquired Nate Geraci of NovaDius Wealth Management.

We might witness XRP surpassing $3 and revisiting $3.20. However, pessimistic trends could pull it down toward the $2.50 support without affirmation of each catalyst.

DISCOVER: XRP Price Rises 11% After SEC Crypto Unit Hints at XRP ETF Advancement

The article XRP Price Drops Below $2.85 as ETF Hopes and 401(k) Access Loom first appeared on 99Bitcoins.