Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
XRP Price Forecast: Fluctuations Following Swell – Traders Monitor for Validation of the XRP Death Cross and Upcoming Direction
XRP gained 4.59% on Friday, reaching $2.3140 as momentum for spot ETFs increased, with several issuers submitting revised S-1 forms to circumvent SEC delays caused by the ongoing government shutdown, which had previously impacted optimistic XRP price forecasts.
Canary Capital eliminated the delaying amendment language, potentially setting the stage for a launch on November 13.
Bitwise, Franklin Templeton, and 21Shares followed suit, competing for a first-to-market advantage.
The token is down 7.72% for November after an 11.84% drop in October, keeping the price below the 50-day and 200-day EMAs as traders watch for confirmation of a death cross. Following the Swell event, a 36% correction occurred from peaks of $3.60.
ETF Race Accelerates Through Shutdown Loophole
SEC Generic Listing Standards allow for commodity-based ETF listings without the need for traditional 19b-4 approval, which can take as long as 240 days.
By removing delaying language, issuers can proceed with launches after 20 days without SEC inquiries. This approach bypasses delays linked to the shutdown as the SEC operates with limited staff.
Canary Capital stands to gain a potential first-mover advantage, as rivals are set to launch soon after.
Get ready: Canary XRP ETF (XRPC) is coming soon.
More info available in prospectus: https://t.co/y66AAqoGil pic.twitter.com/h8tewn25Jd
— Canary Capital (@CanaryFunds) November 7, 2025
CoinShares, Grayscale, and WisdomTree are waiting for the reopening unless they file amended S-1s.
Nate Geraci, President of NovaDius Wealth Management, referred to potential launches as the “final nail in the coffin of previous anti-crypto regulators,” emphasizing the transition from the SEC’s Ripple legal battle to Paul Atkins’ Project Crypto initiative.
Death Cross Concerns Battle Ichimoku Strength
XRP is testing support at $2.32 with a bearish outlook targeting the $1.90-$2.00 range, indicating an additional downside of 14-17%.
The 50-day and 200-day EMAs have converged ahead of a possible death cross. Immediate support is found at $2.60-$2.70, with a critical zone between $2.00-$2.55.
Source: X/@ali_charts
However, quarterly Ichimoku Cloud analysis indicates that XRP has established a base above the 3-month conversion and baseline for the first time in its history.
This structural strength suggests a sustainable advance despite the current 18.87% quarterly decline, contrasting with past brief rallies that quickly reversed.
Related Posts
The 3 month Ichimoku Cloud demonstrates how powerful $XRP’s bull trend actually is
It has never built a base above the 3 month conversion or baseline in its history and its doing it now for the past year pic.twitter.com/UekUxm6W4x— The Great Mattsby (@matthughes13) November 8, 2025
The near-term trajectory continues toward $1.90-$2.10 as the death cross prompts technical selling, and profit-taking persists post-Swell.
The response to this support will determine whether structural strength leads to accumulation or a breakdown.
A successful defense would validate the bullish structure and allow for recovery toward $2.50-$2.70. Conversely, failure could trigger a correction toward $1.50-$1.70.
Mine-to-Earn Gaming Meets Meme Coin Economics
Post-Swell volatility introduces uncertainty in the altcoin market, yet innovative projects continue to attract interest.
PepeNode gamifies crypto mining, allowing users to deploy digital Miner Nodes in virtual server environments.
Players can enhance their setups to maximize rewards in $PEPENODE, along with PEPE and Fartcoin payouts.
The ecosystem burns 70% of the tokens used for upgrades, which is beneficial for the token’s upside potential.
The presale is approaching $2 million after successfully passing smart contract audits.
Token Generation Event and decentralized exchange listings are on the horizon, along with on-chain mining features.
Future developments include NFT upgrades and cross-chain rewards. High APY staking and leaderboards enhance user engagement.
The mine-to-earn model combines strategy, gaming, and DeFi for the Q4 2025 altseason.
To join PepeNode, visit the official website and connect your wallet.
Participate in the presale using either crypto or a bank card.
Buy $PEPENODE Here.
The post XRP Price Prediction: Post-Swell Volatility – Traders Watch for Confirmation of the XRP Death Cross and Next Move appeared first on Cryptonews.
