XRP News Today: XRP Faces Pivotal Moment: Bulls Eye $10 Surge While Bears Caution Against Drop to $1.35

XRP’s recent price movement has sparked a battle between bullish and bearish traders, with the token fluctuating between the possibility of a surge to $10 and a scenario where $1.35 becomes a key buying zone. Currently, XRP is trading around $2.65, having rebounded from its October 22 low of $2.32. The token has tested significant resistance at $2.77 and found support at $2.18. Analysts and institutional activity are driving different outlooks—some foresee a breakout to $3, while others caution that a final downward move could be ahead.

Technical signals present a mixed picture.

has climbed 88% from its October 10 deleveraging low, reaching $2.62—its highest since that date—and is now challenging the 200-day moving average, which is seen as a crucial bullish indicator, according to . The report also highlights a minor inverse head-and-shoulders formation, suggesting a possible move toward the psychological $3 mark. Still, XRP remains range-bound below $2.82; breaking above this could spark a strong rally to $6.50 or even $10, as per . On the other hand, has cautioned about a potential decline to the $1.35–$1.46 range before any reversal, pointing to ongoing selling pressure and reluctance to overcome resistance.

Institutional moves are intensifying the discussion. The first U.S. spot XRP ETF has now exceeded $100 million in assets under management, drawing attention as a potential driver of institutional demand, according to

. Treasury firm Evernorth, which is preparing for a Nasdaq debut, has announced plans to hold XRP as a primary reserve asset, the report says. Ripple’s acquisition of Hidden Road, a leading brokerage, is expected to help the company facilitate XRP-based settlements for major players like BlackRock, as reported by Coinpedia. Meanwhile, pending U.S. spot XRP ETF applications from Grayscale, Bitwise, and 21Shares could lead to a supply squeeze, with approvals anticipated between late November and mid-December 2025, according to Coinpedia.

Market sentiment remains unsettled. Ripple CTO Stefan Thomas had originally set a $4.13 target for XRP, but now sees room for even greater gains following a recent dip, according to

. Nevertheless, bearish attitudes linger, with Ethereum’s price swings—driven by global trade negotiations and leveraged short positions—underscoring the market’s volatility, as Coinpedia also notes. Retail interest is picking up, shown by a jump in XRP futures open interest to $4.51 billion, though cautious indicators like the OI-weighted funding rate point to persistent bearish bets, according to .

Contradictory forecasts persist. Crypto investor Jake Claver has made a bold call that XRP could reach $100 by the end of 2025, citing a “multiplier effect” from ETF launches and institutional adoption. This is in stark contrast to CasiTrades’ bearish perspective, which argues that XRP needs to complete a final drop to $1.4 before any sustained rally. Santiment’s analysis of trader sentiment echoes this split, suggesting that prices below $2 are seen as buying opportunities, while levels above $3 may trigger selling, according to

.

With XRP hovering near $2.65, its future direction depends on breaking through critical technical barriers and broader economic catalysts. As institutional interest rises and ETF approvals approach, the token’s trajectory could soon become clearer—though for now, the market remains divided between hope and caution.