RLUSD Pilot Boosts XRP 5%, Technical Momentum Points to $2.50

XRP Climbs 4.9% as RLUSD Pilot Spurs Technical Breakout Toward $2.50

November 6, 2025

XRP rallied 4.9% to $2.35 on Tuesday, clearing $2.30 resistance on near-doubled institutional volume. The move marked the token’s strongest daily gain in a week and outperformed a broader market that remained under pressure, with traders now eyeing a push toward $2.50.

Drivers of the Move

Institutional flows returned to XRP as risk assets corrected elsewhere. Large holders accumulated near $2.30 following a week of price compression, while three consecutive hourly candles above resistance signaled a conviction-driven breakout.

Market sentiment was further boosted by a stablecoin-based settlement pilot from Ripple, Mastercard, WebBank, and Gemini. Using RLUSD on the XRP Ledger, the pilot explores regulated U.S. bank settlements for fiat credit card payments. RLUSD, backed by the U.S. dollar and operating under New York’s Trust Charter, recently surpassed $1 billion in circulation, validating Ripple’s infrastructure beyond cross-border remittances.

Technical Summary

Breakout triggered after reclaiming $2.30 on 164M volume
Session high reached $2.39, followed by light profit-taking
Support anchored at $2.32, prior resistance flipped to base
XRP maintained higher highs and a clean breakout channel
RSI rising, intraday volatility 7.4%, volume 95% above 24-hour average

Key Levels and Outlook

Resistance: $2.38–$2.39; upside target $2.50–$2.60
Support: $2.32 (primary), $2.21 (secondary)
Watch for sustained closes above $2.35, continued RLUSD-led flows, and volume consistency to confirm momentum
Pullbacks toward $2.30 remain possible if momentum fades

XRP’s combination of technical strength and institutional backing positions it for potential continuation toward $2.50–$2.60.