XRP Surges 8% in a Day: Is This the Start of a Major Rally?

XRP just punched through resistance with an 8% gain—traders are scrambling as the sleeping giant wakes.

Bullish signals flash green

The rally comes amid renewed institutional interest, though let's be real—half the 'institutional interest' headlines are just hedge funds covering shorts.

How high can it go?

Technical indicators suggest room to run, but remember: in crypto, 'parabolic' usually means 'prepare for a rug pull.'

One thing's certain—when XRP moves, it moves fast. Buckle up.

Will XRP’s Price Rally Continue, or Will it Face Another Correction?

XRP’s latest rally follows the ongoing reversal trend. Bitcoin (BTC) has reclaimed the $106,000 price level after its brief descent to the $99,000 price point earlier this month. The market reversal could be due to the US government shutdown nearing its end. The US faced its longest government shutdown in history, triggering substantial investor worry. President Trump stated that the shutdown is nearing an end and that we will know more soon.

XRP’s rally could also be a delayed reaction to the recent interest rate cut by the Federal Reserve. Despite the rate cut, the crypto market did not react, presumably due to economic warnings from Federal Reserve Chair Jerome Powell. Powell highlighted potential challenges from slow economic growth and rising inflation.

Given the bullish turnaround, XRP’s price rally may continue over the coming weeks. The SEC will announce its decision on several XRP ETFs soon. An ETF approval could lead to a massive price rally for the asset.

CoinCodex analysts predict XRP will hit $2.71 on Nov. 30, 2025. Hitting $2.71 from current price levels will entail a rally of about 10.16%.

While CoinCodex presents a bullish outlook, the platform does not anticipate XRP to breach the $3 mark anytime soon. Moreover, the global economy is still quite fragile. Volatility could spike at any moment and could lead to sudden price swings.