XRP Jumps 5% After Trump Signs Bill Ending Shutdown

The price of

This rise coincided with a broader rise in the crypto market, which saw the space increase by more than 1% to reach a market capitalization of $3.60 trillion.

This comes after US President Donald Trump on Wednesday approved a funding bill passed by the House of Representatives, ending the record 43-day government shutdown.

🚨BREAKING: Trump SIGNED the bill – the longest shutdown in US history is over. 🇺🇸

The government is getting back to work. 🇺🇸
Markets react quickly and stability finally returns. 📈 pic.twitter.com/ZiydZCIHbt

– M.Trades.SOL🇺🇸 (@somaliwhale) November 13, 2025

Health care funding was one of the particular points that held up the bill, with Democrats pushing for increased support, while Republicans sought to resolve the issue after the bill passed.

However, after signing the bill, Trump indicated he might be willing to work with Democrats to resolve these issues. In the past, the US government’s takeover has led to significant rebounds in financial markets.

Nasdaq Certifies Canary Capital’s Spot XRP ETF

In related news, Nasdaq has certified the first US spot XRP exchange-traded fund (ETF), which will launch on the US open market on Thursday.

Canary Capital’s XRP Spot ETF (XRPC) will go live at 5:30 p.m. ET, after Nasdaq clears the product for launch.

The approval finalizes the first U.S. listed XRP ETF and marks one of the fastest accelerations of the SEC’s 8-A automatic enforcement process.

🚨 🚨 LATEST NEWS:

As Nasdaq has approved the listing of the Canary Capital Spot XRP ETF (XRPC), the fund provides regulated exposure to the XRP market with custody of Gemini and BitGo. 📃 🪙 💰 🇺🇸

BOOMOOOM! 🔥 #XRP #RLUSD #XRPETF 💎 💎 💎 💎 💎 💎 💎 💎 💎 💎 pic.twitter.com/vwR2RK3fwq

– Kenny Nguyen (@mrnguyen007) November 12, 2025

The ETF will hold XRP through Gemini Trust Company and BitGo Trust Company.

Such a move could trigger a rise in the price of XRP, as it opens the crypto to a new range of investors.

XRP price is ready for a breakout

After consolidating in the $2.0 range from April to July, the XRP Price saw a massive surge from the bulls, reaching around the $3.64 resistance level.

This resistance caused the price of the Ripple token to fall as sellers began taking profits after the parabolic rally.

After touching the $2.16 support zone, XRP returned to the current level on the daily chart. XRP is now consolidating around $2.45.

Despite this jump, XRP is still trading below the 50-day simple moving average (SMA) ($2.57) and the 200-day SMA ($2.63), levels now acting as strong resistance zones.

Meanwhile, the Relative Strength Index (RSI) is recovering from the level below 50, currently at 51 and rising, indicating that buying pressure is accelerating.

The Moving Average Convergence Divergence (MACD) has also turned positive, with the blue MACD line moving above the orange signal line, as momentum accelerates.

Ripple Token Price Prediction: Bulls Eye Price Above $3

XRP is currently trading around $2.49, following a 5% daily gain as it tests resistance.

The mostly bullish trend suggests a potential breakout if the Ripple token’s momentum builds above $2.58 to $2.63, aligning with the 50-day and 200-day SMAs.

A successful breakout could see the crypto target at $2.78 (.382 Fib) and potentially $3.23 (.236 Fib), signaling a medium-term recovery towards the $3.60 area.

However, if the price fails to hold above $2.45, XRP price could retest $2.28 or even $1.92, the 0.786 and 1.0 Fibonacci levels respectively. Ali Martinez supports this bearish outlook and predicts that the price of the Ripple token could find support around $2.

$XRP could find support at $2. pic.twitter.com/ofEGOMV0XD

– Ali (@ali_charts) November 13, 2025

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