Ripple’s (XRP) price has regained bullish traction, rising to $2.53 after rebounding from the critical $2.2 demand zone. The broader crypto market’s stability and growing enthusiasm surrounding the Canary Capital XRP ETF, expected to launch on November 13, have provided significant tailwinds.
Investor sentiment is improving after weeks of uncertainty, with buyers gradually reclaiming control. The renewed confidence reflects expectations of stronger institutional participation once ETF approvals are finalized. Analysts suggest XRP’s setup positions it for a solid finish in late 2025, supported by rising liquidity and optimism about U.S. policy stabilization.
Buyers Build Strength Above Key Support
Following a steep correction, buyers aggressively entered near the $2.2 zone, creating a strong reversal base. This rebound has shaped an emerging Adam and Eve pattern, a formation signaling renewed accumulation.
As XRP approaches the $2.68 resistance level, short-term sellers may attempt to cap gains. However, sustained buying activity indicates determination among bulls to test higher levels—especially the $3.0 psychological barrier, which marks a crucial milestone for further growth.
Key technical highlights:
- Current Price: $2.53
- Major Resistance: $2.68 – $3.0
- Support Zone: $2.2 – $2.15
- Next Target: $3.0, followed by $3.25
This structural strength underscores that buyers now dominate momentum heading into mid-November.
Indicators and ETF Listings Signal Strong Outlook
Technical indicators confirm the ongoing bullish momentum. The Relative Strength Index (RSI) at 53 shows balanced accumulation—suggesting the uptrend still has room to extend. Meanwhile, the MACD has made its first upward crossover in several weeks, supported by rising green histograms, reflecting returning buying pressure.
Beyond chart signals, the Canary Capital XRP ETF and listings by Franklin Templeton, Bitwise, 21Shares, CoinShares, and others at DTCC have strengthened investor expectations. Historically, such listings precede active trading, signaling institutional readiness to engage once regulatory approval is finalized.
Additionally, the U.S. Senate’s progress in resolving the government funding issue has reduced macroeconomic uncertainty, creating a more supportive environment for crypto assets.
XRP Poised for a $3.0 Breakout
With ETF excitement building and technical indicators aligning, Ripple appears well-positioned for continued recovery. Analysts forecast a potential rally toward $3.0 by December, fueled by improving sentiment and policy stability. If momentum continues, XRP could sustain its upward trajectory into 2025, reinforcing its status as one of the market’s leading comeback stories.
