After renowned analysts Javon Marks and Ali Martinez shared bullish Technical Analysis setups, XRP has recently gained new follow. Marks pointed out that XRP is in a massive Accumulation pattern, and if the current momentum continues, the price could rise by 226% to $9.90. Meanwhile, the first U.S. XRP Spot ETF has started trading this week, and the Chicago Mercantile Exchange (CME) also plans to launch XRP Options, while the tokenization of the carbon credit market could bring new demand for XRP. The emergence of these key catalysts is building momentum for further pump in XRP prices.
According to analysts Javon Marks and Ali Martinez, technical signals are indicating that XRP may experience a strong pump, but traders are closely monitoring whether key resistance levels can be broken. Trader Javon Marks published a chart showing what he calls a “large Accumulation pattern.” He believes that if the current momentum holds, XRP could rise by 226% to reach $9.90, and if this area is broken, a path to $20 may open up. Marks compared the current price structure to periods in the past when significant pumps occurred after long periods of consolidation.
According to a report by Ali Martinez, the TD Sequential indicator has issued a “buy” signal on the four-hour chart. This indicator is used by many traders to determine when a trend may stop and reverse. Martinez stated that the recent consolidation has improved the bulls' chances, and the short-term trend now favors a rise. Both analysts emphasized technical formations and indicators rather than setting any fixed timetable for a rebound.
According to reports, the first U.S. XRP Spot ETF—REX-Osprey XRP ETF (XRPR)—started trading last week, and many believe this development is a sign of increasing institutional access. Meanwhile, the Chicago Mercantile Exchange (CME) plans to launch XRP and Solana Futures Options on October 13, which may attract more professional traders and deeper liquidity.
In addition, the tokenization fund program on the XRP Ledger has also surfaced. According to sources, these funds will trade like tokens and provide investors with regulated exposure and faster settlement speeds. Nevertheless, the market response remains cautious. XRP has been stable above $3, but as it approaches the resistance level, the price movement has slowed down. Traders are now closely following whether the token can break through the next supply zone or if it will pull back and re-enter consolidation.
Meanwhile, another independent discussion thread links XRP to tokenization of carbon credits. According to a forecast cited by Precedence Research, the global carbon credit market is expected to grow from approximately $933 billion in 2025 to over $16 trillion by 2034.
If the tokenization of carbon credits reaches scale, those involved in market infrastructure development believe that a fast, low-cost underlying network will be very useful. Reports suggest that the XRP Ledger has carbon-neutral properties, and its supporters believe this could make it an ideal choice for transferring tokenized carbon credits. In fact, Nature's Miracle has announced plans to acquire a carbon credit asset bundle and use the XRP Ledger for tokenization, which brings a practical application scenario for XRP. However, this is still a potential demand case, and there is currently no clear model linking this potential directly to specific XRP price levels.
Under the combined influence of bullish technical patterns, the launch of the first U.S. Spot ETF, and the upcoming CME Options, XRP is at a critical crossroads. These developments may indicate that XRP is accumulating momentum for the next major rise, and its future performance will depend on whether the market can translate these potential positives into sustained price support.
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