Summary
- XRP price prediction leans constructive as price rebounds from $2.20 to $2.47
- Macro stability improves after shutdown ends, supporting risk appetite
- Key hurdle remains the $2.55–$2.60 resistance zone
XRP price prediction analysts have adopted a somewhat optimistic view of the coin as the longest ever shutdown of U.S. government comes to an end. The shutdown created significant uncertainty in the markets, likely spilling out into crypto.
XRP has since climbed from $2.20 to near $2.50, with all eyes now on ongoing sentiment.
XRP price info on November 13
Ripple (XRP) is trading at around $2.47 at the time of writing, ranging as high as $2.55 recently as short-term sentiment recovers. With the U.S. government back in business after a 44 day closure, markets are moving away from defensive and bearish sentiment. XRP wallets have ticked higher since price bounced off support at $2.20.
XRP now faces strong resistance at $2.60, a firm barrier established in recent trading this quarter.
Momentum may build towards a $2.60 XRP price
If support holds between the $2.40 and $2.45 range, the case for a higher breakout will get stronger. Beyond that point, resistance lies at $2.75. Broader altcoin trading volumes will be a factor as macroeconomic sentiment is taken into account for XRP.
Whale wallets are being closely monitored by traders, and an uptick in large wallet accumulation will bolster the case for a bull run.
Risk appetite for XRP could fade
On the other hand, a drop below $2.40 will risk corrections as low as $2.25 in the near future. Risk appetite for XRP will need to noticeably increase in the short term for any rally to take hold, otherwise deeper resistance levels may be tested soon.
ETF outlflows and low trading volumes are two factors that could harm XRP’s prospects as the situation is reasssed.
XRP price prediction based on current levels
The near-term range for XRP sits between $2.40 and $2.60. A clean break above $2.60 would trigger targets at $2.70–$2.75, while losing $2.40 likely sends the token back toward $2.25–$2.30.
Overall, the XRP outlook is cautiously constructive as macro uncertainty eases, dip-buyers return, and technical momentum attempts to rebuild. A sustained move above $2.60 remains the key trigger for any meaningful trend extension.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Source: https://crypto.news/xrp-price-prediction-government-shutdown-over/