XRP Price Soars As Deal To End Government Shutdown Nears

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This rise in the price of the Ripple token comes after the US Senate introduced a bill aimed at ending the government shutdown. Investors welcomed the policy move, which eased fears of prolonged regulatory disruption and increased risk sentiment in the crypto market.

🇺🇸 NOW: The US Senate advances a funding bill to end the government shutdown, crossing the 60-vote threshold. pic.twitter.com/m1zJ1CFFJf

– Cointelegraph (@Cointelegraph) November 10, 2025

The bill, H.R. 5371, was advanced with bipartisan support, signaling that a resolution is finally in sight for the long-running funding impasse.

Some analysts had warned that a longer shutdown could freeze key regulatory decisions, delaying a broader crypto recovery.

Many expect “ETF approvals”. Few understand the shutdown mechanisms. Here’s what actually happens if this continues. Save this. 🧵

2/ If the shutdown continues, certain XRP ETF S-1 may become effective by forfeiture under section 8(a). This is administrative progress, not commercial bell ringing.

👇👇👇 pic.twitter.com/3u2FRrPQB3

– XRPthread (@XRPthread) November 10, 2025

Now that the shutdown is likely almost over, the outlook for XRP looks brighter. ​

XRP, which had fallen below $2.18 a few days ago at the height of the sell-off, rebounded strongly to reclaim key support and move into the green.​

Just last month, technical support threatened to crash, risking greater losses if buyers did not intervene.​

Volatility also increased, with liquidations increasing on Binance and major exchanges as bearish traders rushed to close short positions.

On-Chain XRP Metrics Show Resilient Holders

While price performance grabs the headlines, beneath the surface, on-chain data for XRP paints a mixed picture. Recent weeks have seen a drop in total transfer volume on the network and a slowdown in the number of large transactions, suggesting that some traders have taken a step back amid political uncertainty.​

Number of XRP Ledger transactions Source: CryptoQuant

Despite these declines in activity, analysts note that the pool of long-term XRP holders remains strong. Portfolio data shows few large outflows or panic sales during the closing episode. Instead, many investors took the opportunity to accumulate at lower prices, supporting prices at crucial levels as exchanges reported falling liquid balances.

Institutional interest also appears constant. Several XRP ETF spot applications remain in progress, and today’s breakthrough in the Senate could accelerate SEC reviews.

If the total number of transactions and payment volumes exceed the $1 billion daily threshold, sentiment is expected to 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 rebounded from a critical support zone near $2.00 to $2.20. The price is now trading above the 50-week simple moving average, a major level watched by traders. A strong weekly close above $2.54 would confirm the bullish breakout and open the door for a rapid move to higher levels.

XRPUSDT analysis source: Tradingview

Key resistance now lies at $2.75 and $3.41, where previous rallies left off. If buyers break through these barriers, upside targets of $4.20 and even $5.21 come into play, depending on weekly Fibonacci retracement levels.

The chart pattern indicates that momentum could accelerate quickly if volume continues to increase, 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 sitting just below 48, suggesting that there is still room to increase prices further before the coin becomes overbought.

Meanwhile, the MACD (Moving Average Convergence Divergence) is flattening but remains in positive territory, hinting at the development of a new bullish phase. Strong buying interest was seen every time XRP dipped towards the yellow support zone in the $2.00 to $2.20 range.

If current trends continue, XRP price could move quickly towards $3.41 and $4.20 in the coming weeks.

However, traders should watch for short-term selling if the price fails to sustain above $2.50.

Declines between $2.20 and $2.30 could provide opportunities for patient buyers, but a decisive break below $2.00 would signal a need for caution.​​

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