November 10, 2025, XRP price briefly broke above $3.1, then retreated to around $2.36, with a daily increase of 3.48%, outperforming the market’s 2.52% gain. The current rally is driven by the U.S. Senate reaching a bipartisan agreement to end the 40-day government shutdown, and market expectations that Canary Funds may launch a spot XRP ETF as early as November 13. Technical analysis indicates that XRP still needs to break above the 50-day and 200-day exponential moving averages (located at $2.5609 and $2.5839 respectively) to establish a bullish trend, with key support levels concentrated between $2.35 and $2.20. As regulatory deadlock eases and institutional products become ready, XRP is approaching its most significant fundamental turning point of the year.