“We are currently seeing some green enter the market, and we have been saying that this is the moment the bulls are gonna get back into the fight,” DustyBC Crypto told his 227,000 X followers on Monday.@Ripple Network  

The trader also noted that upcoming decisions on US-based XRP ETFs, expected to happen before Oct. 25, could potentially significantly influence the token’s price. @Ripple

Currently, seven spot $XRP #etf filings are under review by the US Securities and Exchange Commission.@DXC Foundation

Another factor that has been of interest to XRP traders is Ripple Labs reportedly planning to raise roughly $1 billion through XRP sales to establish its own digital-asset treasury, combining newly acquired tokens with part of its existing holdings.#ChineseMemeCoinWave

XRP is trading at $2.53 at the time of publication, down 4.29% over the past seven days, according to CoinMarketCap.#MarketPullback

Traders expect the level to hold to some extent, with nearly $150 million in long positions facing liquidation if XRP drops to $2.30, according to CoinGlass.#Write2Earn