XRP Price Breaks Through $2.10: Renewed Bullish Sentiment Hints at $3 Target

XRP recently experienced a significant price jump, reaching $2.00 on November 23, 2025, after a notable gain of 6.5% in just 24 hours. This upward momentum follows a phase of price consolidation, signaling a potential shift in investor sentiment from caution to optimism. Reclaiming the crucial $2 threshold has rekindled confidence among traders and could be indicative of further upward movement.

In recent weeks, XRP’s price trajectory has shown signs of a positive trend after a period of stagnation, suggesting that another upward push could be imminent. Technical indicators point towards a bullish pattern, reinforcing predictions that XRP could target the $3 zone as early as this week. Experts are closely watching these indicators for signs of sustained upward momentum.

The broader cryptocurrency market has been recovering steadily, with major assets like Bitcoin, Ethereum, and Solana exhibiting upward trends. Bitcoin recently surpassed the $85,500 mark while Ethereum and Solana have also shown surges beyond $2,750. The general recovery across the crypto landscape has boosted investor interest in altcoins like XRP, heightening expectations for a potential breakout to $3.

Market analysts suggest that the renewed dynamism in XRP is largely driven by various market events and technical developments. A notable factor contributing to this optimism is Grayscale Investments’ upcoming launch of two spot exchange-traded funds (ETFs) on NYSE Arca. Scheduled for Monday, these ETFs will provide direct exposure to Dogecoin and XRP, offering U.S. investors a regulated avenue to engage with these cryptocurrencies.

This move by Grayscale stands as a significant stride in bridging the gap between traditional finance and cryptocurrencies, potentially leading to increased institutional investment in the space. Such developments are seen as pivotal in legitimizing cryptocurrencies as mainstream investment assets.

Moreover, XRP futures have seen an increase in open interest, rising to $3.50 billion, marking a growth of 8.5% as trading activity intensifies. This surge in derivatives trading is often an early indicator of broader market trends, and it mirrors the price increase of XRP, suggesting a growing confidence among traders.

Looking ahead, XRP’s price action paints a promising picture. During the recent trading sessions, XRP climbed to $2.00, bolstered by a strong rebound in technical indicators. The Moving Average Convergence Divergence (MACD) crossed its signal line with growing histogram bars, indicating an enhancement in bullish momentum. Moreover, the Relative Strength Index (RSI) hovering in the mid-50s suggests a reversal from previous oversold conditions.

The digital token now faces a critical test at $2.15, a level that has previously served as a formidable resistance. A definitive breakthrough could pave the way for the price to challenge the $2.45 level. Should buying pressure persist, the path towards $3.00 becomes more achievable, representing an approximate 50% potential increase from current levels.

That said, a failure to maintain support above $2.00 could jeopardize the current bullish setup. Nonetheless, the present technical signals exhibit a favorable bias towards further gains, provided that buying momentum remains robust.

In summary, the upward trend in XRP is buoyed by not only the broad-based recovery and strategic developments like the Grayscale ETF launch but also by strong technical indicators. As these elements align, a further pivot towards the $3 threshold appears increasingly plausible within the week, should investor sentiment and market conditions continue to support upward movement.