Most of the crypto market is in the green right now, but XPR is outpacing.
So why does this happen, and can the asset sustain its upward movement?
ETF-driven hype?
Citing information from Glassnode, we reported yesterday that This, in line with whales selling off XRP en masse, spelled trouble for the underlying asset, which had already fallen below $2.20 at that point.
However, what happened over the next twelve hours was very different. After Trump’s dividend promise of $2,000 and his hopeful statement that the US government would do so reopen Soon, XRP rose more than 7% and approached $2.50 earlier this morning.
This makes it the best performer among the 15 largest altcoins, according to CoinGecko data. Perhaps a large part of these gains can be attributed to the latest developments on the ETF front. Numerous issuers continue to update their
If the US government shutdown does indeed end soon, this could open the doors for quick approval of these applications. But even if they don’t, many of them have removed the “delay amendments” section, which could essentially guarantee they’ll kick off within the next few weeks unless the SEC formally objects. The first could see the light of day in just three days.
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XRP technical data
Popular analyst CW indicated that XRP’s turn is “beginning,” as it has “hit bottom” and is on the verge of a remarkable recovery. Their analysis suggests that the asset’s upcoming rally could be quite spectacular, leading to a new all-time high as the price heads towards the top of Stage 4.
$XRPThe turn begins.
The low point has been reached and the recovery begins.
This rally will likely surpass its ATH and head towards the top of Stage 4. pic.twitter.com/ZxTn0Dtdf4
— CW (@CW8900) November 9, 2025
CRYPTOWZRD too outlined XRP’s “somewhat bullish” close, especially against BTC. The analyst said another move higher could follow once the XRP/BTC pair starts rising above the daily lower high trend. This is possible when bitcoin’s dominance starts to decline again.
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