XRP Rallies as ETF Prospects Push Token Toward $2.65

XRP Maintains Momentum Above $2.52 as ETF Optimism Spurs Buying
11/11/2025

XRP climbed 1.55% on Tuesday to $2.53, outperforming the broader crypto market as optimism around U.S. spot ETF approvals fueled buying. The token faced resistance near $2.57, with profit-taking emerging at session highs, but support held firmly between $2.52 and $2.53, confirming short-term stability.

Institutional flows drove much of the activity. Canary Capital, Bitwise, Franklin Templeton, and 21Shares filed amended S-1 registration statements for spot XRP ETFs, now listed on DTCC, signaling readiness for a potential U.S. launch. Trading volume surged 20.7% above the seven-day average, with 140.2 million XRP changing hands at peak session levels—highlighting professional participation and controlled accumulation.

Technically, XRP retains an ascending structure on the 4-hour chart, with RSI at 58 and MACD showing strengthening momentum. The $2.57 level represents near-term resistance; a sustained break above it could target $2.65–$2.70, while failure to hold the $2.50–$2.52 support may open the door for a pullback to $2.45–$2.47. Institutional order book activity and ETF-driven optimism continue to underpin the token’s short-term bullish trajectory.

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