XRP Gains Amid ETF Optimism, Holds Key Support Levels
11/11/2025
XRP climbed 1.55% to $2.53 on Tuesday, outpacing the broader cryptocurrency market as optimism around U.S. spot ETFs bolstered investor sentiment. The token faced resistance near $2.57, triggering some profit-taking, but support held firm between $2.52 and $2.53, confirming short-term stability.
Institutional flows were a major factor in the rally. Canary Capital, Bitwise, Franklin Templeton, and 21Shares recently filed amended S-1 registration statements for spot XRP ETFs, now listed on DTCC, paving the way for a potential U.S. launch. Trading volume surged roughly 21% above the seven-day average, with 140.2 million tokens changing hands at the session peak, indicating disciplined accumulation rather than speculative spikes.
Technically, XRP retains an ascending 4-hour structure, with an RSI of 58 and a positive MACD histogram pointing to strengthening momentum. A daily close above $2.57 could set the stage for a move toward $2.65–$2.70, while a failure to defend $2.50–$2.52 might see a retracement to $2.45–$2.47. Ongoing ETF progress and institutional engagement continue to support the token’s bullish trajectory, even as traders monitor near-term consolidation risks.
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