XRP has experienced a tremendous rise due to the anticipation of the first US XRP-spot ETF. On the 10th of November 2025, the digital currency broke through significant resistance levels, which showed that the bulls were once again the confident ones in the market.
The breakout happened simultaneously with the US Senate’s decision to lift the government shutdown, which had a favourable effect on risk assets like XRP. This scenario contributed positively to the already ongoing bullish breakout in XRP as investors expected institutional buying once ETFs start trading.
One of the central reasons for the bullish sentiment is the proposed XRP-spot ETF by Canary Capital. The company submitted an amended S-1 in October to eliminate the “delaying amendment” clause, thus allowing a potential 13 November 2025 launch. With the US government back in action and the regulators being short-staffed, the approval might come quicker than one thinks. Speculation has converted the XRP price hike into a powerful movement even before the ETF listings.
XRP surges as ETF anticipation fuels strong bullish market momentum.
Why Is The Market Structure Bill Crucial To XRP Momentum?
Although the ETF is the most talked-about issue, legislative support is also a very important factor. The US Senate’s progress on the Market Structure Bill is making it easier to understand the rules concerning digital asset trading. The bipartisan support in Congress has not only aided the hopes for long-term crypto adoption but has also strengthened them. US House Committee Chair French Hill commented that the bill would introduce “clear rules of the road,” which are necessary for building up investor confidence.
In July, the House passed the bill with 78 Democrats supporting it, thus lifting XRP’s price by 14.69%. This demonstrates how sensitive XRP is to the changes in the US legislation. The Market Structure Bill’s passage could facilitate a massive influx of institutions and provide XRP with greater acceptance in the financial markets that are subject to regulation.
ETF Momentum And Treasury Announcements Reinforce Bullish Sentiment
The US Treasury and the IRS provided another catalyst to the situation. Treasury Secretary Scott Bessent gave his blessing to the new rules, thus allowing the crypto exchange-traded funds to stake digital assets and distribute staking rewards to the investors. Such an announcement was a confidence booster to fund managers and made crypto exposure more or less legitimate.
The experts in law, including the Consensys attorney Bill Hughes, said that the action “dropped a major legal barrier” for institutional vehicles like crypto ETFs. Moreover, the clarity given to the fund sponsors made it possible for them to incorporate staking yields while still being compliant. This particular move is added to the structural support of the XRP bullish breakout, thereby strengthening the investor’s trust.
US Treasury boosts crypto confidence with new ETF staking approval.
What Are The Technical Levels To Watch In This XRP Market Update 2025?
In a technical view, XRP’s price advanced by 6.65% last Monday after a day on which it had already risen by 3.48%, thus ending the day at US$2.5243. The cryptocurrency managed to surpass the performance of the total market for cryptos, which only increased by 1.16%.
The support line is formed by prices of US$2.50, US$2.35, US$2.20, US$2.00, and US$1.90. The next resistance is at US$2.62, US$2.80, US$3.00, and US$3.66. The 50-day and 200-day Exponential Moving Averages (EMAs) are at US$2.5644 and US$2.5846, respectively, and they represent the nearness of the present hurdles.
XRP has regained the US$2.50 mark; however, it has not yet surpassed these EMAs, which indicate a cautious but optimistic mood. A sustained rise above US$2.62 could signal the price journey going towards US$3.00, which would be revealed as a strong bullish continuation in the XRP market update 2025.
Can The XRP Bullish Breakout Withstand Market Risks?
The bullish sentiment is not without difficulties. The situation will be different if the larger market players like BlackRock, for example, present the XRP ETF plans as less significant or keep their interest in the cryptocurrency at a lower level than expected. Likewise, if the Market Structure Bill faces hurdles or if the reopening of the government gets delayed, the mood of the investors might not be so optimistic anymore.
In the worst-case scenario, the price of XRP can go down to US$2.50 to expose the supports at US$2.35 and US$2.20. Furthermore, the technical patterns show that there were many failed breakout attempts in the first part of October. If the price of XRP were to fall below the line of support on the trend, it could reach US$2.00, which is still a support level in the sense of psychology.
Investor optimism may fade if BlackRock or legislation delay XRP ETF progress.
Outlook: XRP Eyes US$3 As ETF Optimism Builds
The bullish overall setup is believed by analysts to be still promising despite the short-term uncertainty. The breaking above the EMAs of 50-day and 200-day would make a rally toward US$2.62 and US$2.80 possible. It would be then that the approval of an ETF might send XRP past the point of US$3.00.
In the view of the investors, the most significant events in the near future are going to be the launch of the Canary XRP-spot ETF and the final position taken by the Senate regarding the Market Structure Bill. Those two events coming together could bring about a turning point, where XRP could get rid of the influence of Bitcoin and create a separate market identity.
The upcoming 72 hours will be crucial for the token’s price development. The approval of the ETFs will mean that by the beginning of 2026, XRP will be one of the top choices for institutional investors in terms of crypto assets.
Also Read: Capitol Hill Nears XRP ETF Breakthrough: Billions in Institutional Inflows Await
Frequently Asked Questions (FAQs)
Q1: What is the reason for the XRP bullish breakout?
The breakout is primarily influenced by the optimism regarding ETFs, legislative progress in the U.S., and the crypto-friendly new guidance from the Treasury Department.
Q2: Which technical levels are most important for XRP?
The support levels are at US$2.50, US$2.35, US$2.20, and US$2.00. the resistance levels are US$2.62, US$2.80, and US$3.00.
Q3: What impact will the Market Structure Bill have on XRP?
The bill offers clear regulations for the crypto markets that are likely to attract more investment from institutions, and hence, create long-term adoption strengthening.
Q4: What factors could lead to XRP getting past US$3?
An established ETF launch, further institutional demand, and a rise above both EMAs could drive XRP to US$3.00 or even higher.
