XRP Holds Key Support as ETF Optimism Fuels Buying
11/11/2025
XRP advanced 1.55% to $2.53 on Tuesday, outperforming broader crypto markets as investors reacted to growing U.S. spot ETF optimism. The token tested resistance near $2.57, prompting some profit-taking, but support remained firm between $2.52 and $2.53, signaling short-term stability.
Institutional activity was a key driver, with Canary Capital, Bitwise, Franklin Templeton, and 21Shares filing amended S-1 statements for spot XRP ETFs now listed on DTCC, positioning the funds for a potential U.S. launch. Trading volume rose 20.7% above the seven-day average, with 140.2 million XRP exchanged at peak session levels, reflecting steady, professional accumulation.
From a technical perspective, XRP maintains an ascending 4-hour structure, with RSI at 58 and MACD momentum strengthening. A break above $2.57 could open the path to $2.65–$2.70, while failure to hold $2.50–$2.52 may trigger a pullback toward $2.45–$2.47. ETF optimism and institutional positioning continue to support the token’s short-term bullish outlook.
