XRP is trading near $3, having gained approximately 7% over the past week, as the U.S. government shutdown stalls SEC approvals for spot ETFs. The delay affects applications from Grayscale, Franklin Templeton, and Bitwise, with decisions originally due by October 18. Ripple's application for a U.S. national bank charter is also impacted, with a decision expected by the end of October now uncertain. Analysts highlight the importance of XRP maintaining a price above $2.75 to sustain its bullish trend, with potential pullback levels at $2.92 and $2.88.