XRP ETF Launch Delayed by SEC Shutdown as Elliott Wave Charts Indicate Potential Bullish Breakout

XRP spot ETF approvals are paused by the SEC shutdown, delaying launches and keeping XRP price action driven by technical breakout levels; traders should watch the $3.20 confirmation and $3.90–$4.60 breakout targets for momentum ￰0￱ spot ETF launch delayed by SEC operational pause, stalling ETF-driven ￰1￱ analysis shows consolidation between $2.60–$3.20; a confirmed move above $3.20 suggests bullish ￰2￱ cite Elliott Wave targets near $3.90 and $4.60; regulatory clarity will determine execution and sustained ￰3￱ spot ETF delayed by SEC shutdown; watch $3.20 confirmation and $3.90–$4.60 breakout ￰4￱ analysis and next ￰5￱ faces ETF delays from the SEC shutdown while Elliott Wave charts show bullish breakout potential, keeping traders watchful of momentum.

XRP’s spot ETF launch remains stalled as the SEC shutdown delays approvals, leaving investors balancing regulation risks and market ￰6￱ Wave analysis shows XRP consolidating between $2.60 and $3.20 with bullish targets eyeing $3.90 and $4.60 on breakout ￰7￱ confidence in XRP now depends on both regulatory clarity and bullish confirmation, highlighting execution as the driver of ￰8￱ is causing the XRP spot ETF delay? XRP spot ETF approvals are delayed because the ￰9￱ and Exchange Commission (SEC) scaled back operations during the government shutdown on October 1, ￰10￱ pause prevents the SEC from completing approvals, leaving spot ETF listings on hold until regulators resume full ￰11￱ does the SEC shutdown affect ETF launches?

The shutdown halts active review and finalization of ETF ￰12￱ Eleanor Terrett noted that the Teucrium $XRP ETF structure involved Treasuries and swap receivables and was registered differently; however, spot ETFs require explicit SEC approval under the 33 ￰13￱ observers, including Chad Steingraber, pointed out procedural deadlines that resulted in automatic allowance for some filings, but overall clarity and active approvals remain ￰14￱ outlook: Where could XRP move next? Analysts using Elliott Wave and pattern analysis see XRP trading in a triangular consolidation range between $2.60 and $3.20. A confirmed close above $3.20 is widely viewed as the first bullish confirmation and could set targets at $3.90 and $4.60.

What are the support and resistance levels to watch? Key levels identified by technical analysts include support at $2.33–$2.60 and resistance/confirmation near $3.20. A corrective dip toward $2.33 remains possible, but a validated breakout would shift momentum in favor of ￰15￱ key price levels and targets Level Role Comment $2.33 Lower support Correction risk if wave E completes $2.60–$3.20 Consolidation Triangle formation; watch for breakdown or breakout $3.20 Buy confirmation Close above signals bullish continuation $3.90 / $4.60 Targets Measured breakout objectives from Elliott Wave analysis Why are traders balancing regulation and momentum?

Regulatory uncertainty can mute ETF-driven capital flows even when technical setups look ￰16￱ therefore monitor both SEC operational status and price confirmation levels to gauge potential inflows and execution ￰17￱ should traders manage risk while waiting? Traders typically use staged entries and clear stop levels: 1) Wait for a daily close above $3.20 for confirmation; 2) Use a protective stop below the $2.60 support zone; 3) Size positions according to volatility and regulatory news flow.