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This jump in the Ripple token price comes after the US Senate introduced a bill to end the government shutdown. Investors welcomed the political breakthrough, which allayed fears of long-term regulatory disruption and boosted risk sentiment in the crypto market.
🇺🇸 NOW: The US Senate introduces a funding bill to end the government shutdown, passing the 60-vote threshold. pic.twitter.com/m1zJ1CFFJf
— Cointelegraph (@Cointelegraph) November 10, 2025
The bill, HR 5371, was advanced with bipartisan support, signaling that a solution to the longstanding funding impasse is finally in sight.
Some analysts had warned that an extended shutdown could freeze key regulatory decisions, hampering a broader crypto recovery.
Many expect “ETF approvals.” Few understand the mechanisms of shutdown. This is what actually happens if it continues. Save this. 🧵
2/ If the shutdown continues, some XRP ETF S-1s may become effective through expiration under Section 8(a). That’s progress on paperwork, not a trade bubble.
👇👇👇 https://t.co/xA25VO54u3 pic.twitter.com/3u2FRrPQB3
— XRPthread (@XRPthread) November 10, 2025
Now that the shutdown is likely almost over, XRP’s prospects are looking brighter.
XRP, which had fallen below $2.18 during the worst of the sell-off a few days ago, recovered strongly to regain key support and move into the green.
Just last month, technical support threatened to break down, risking bigger losses if buyers didn’t intervene
Volatility also increased, with a spike in liquidations on Binance and major exchanges as bearish traders rushed to close short positions.
XRP On-Chain Stats Show Resilient Holders
While price performance is making headlines, beneath the surface the on-chain data for XRP paints a mixed picture. In recent weeks we have seen a decline in overall network transfer volume and a slowdown in the number of large transactions, indicating that some merchants have taken a step back due to political uncertainty.
Source of number of XRP ledger transactions: CryptoQuant
Despite these declines in activity, analysts note that the pool of XRP holders remains strong over the long term. Wallet data shows few major outflows or panic selling during the shutdown episode. Instead, many investors took the opportunity to accumulate at lower prices, supporting prices at crucial levels, while stock markets reported a decline in liquid balances.
Institutional interest also seems stable. There are several more spot XRP ETF filings in the pipeline, and today’s breakthrough in the Senate could accelerate reviews at the SEC.
If total transactions count and payment volumes rise above the $1 billion daily threshold, sentiment should become even more positive for XRP holders.
XRP Price Technical Analysis: Eyes on $3.40, $4.20 and Beyond
Looking at the charts, XRP has recovered from a critical support zone around $2.00-$2.20. The price is now trading above the 50-week simple moving average, a key level watched by traders. A strong weekly close above $2.54 would confirm the bullish breakout and open the doors for a quick move to higher levels.
XRPUSDT analysis source: Tradingview
Key resistance now lies at $2.75 and $3.41, where previous rallies paused. If buyers break these barriers, upside targets of $4.20 and even $5.21 come into play, according to the weekly Fibonacci retracement levels.
The chart pattern indicates that momentum could quickly accelerate if volume continues to rise, especially as the new uptrend is supported by a rising 50-week moving average well above the long-term 200-week average (now near $1.04).
The Relative Strength Index (RSI) is just below 48, indicating that there is still room for more price growth before the currency becomes overbought.
Meanwhile, the MACD (Moving Average Convergence Divergence) is leveling off but remains in positive territory, indicating that a new bullish phase is developing. Every time XRP dropped to the yellow support zone in the $2.00-$2.20 range, there was strong buying interest.
If current trends continue, XRP price could see a rapid move towards $3.41 and $4.20 in the coming weeks.
However, traders should watch for short-term selling if the price fails to hold above $2.50.
Declines towards the $2.20-$2.30 range could provide opportunities for patient buyers, but a decisive break below $2.00 would signal the need for caution.
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