XRP’s Decade-Long Breakout: A $10 Rally on the Horizon?
XRP has recently broken out of a decade-long descending channel, a technical pattern that veteran trader Peter Brandt identifies as a classic precursor to significant price movements. Currently trading around $2.50, XRP shows strong potential for a rally beyond $10 if key resistance levels hold. Brandt's analysis draws parallels between XRP's current chart structure and historical commodity bull runs, suggesting a possible major upward trend. This breakout, combined with increasing institutional interest, positions XRP for a potentially transformative phase in its market trajectory. As of November 2025, the cryptocurrency market watches closely to see if this logarithmic breakout will indeed catalyze the anticipated surge to double-digit valuations.
XRP Price Prediction: Logarithmic Breakout Signals Potential $10 Rally
XRP has broken out of a decade-long descending channel, a technical pattern veteran trader Peter Brandt describes as a "textbook" precursor to significant price movements. The cryptocurrency, currently trading around $2.50, shows potential for a rally beyond $10 if key resistance levels hold.
Brandt's analysis draws parallels between XRP's current chart structure and historical commodity bull runs. Institutional interest appears to be growing alongside these technical developments, creating a confluence of bullish factors. Market sentiment is shifting as the asset tests levels not seen since its 2018 peak.
Grayscale Advances XRP ETF Plans with Updated SEC Filing
Grayscale Investments has amended its Form S-1 registration for a spot XRP ETF, signaling accelerated efforts to meet institutional demand for regulated crypto exposure. The proposed Grayscale XRP Trust (GXRP) would trade on NYSE Arca, offering indirect access to the digital asset without custody complexities.
Edward McGee, Grayscale's CFO, will oversee the trust structure, which leverages Coinbase Custody for asset security and BNY Mellon as transfer agent. Daily NAV calculations and continuous share creation aim to maintain tight tracking with XRP's market price.
The filing represents a strategic push to bring Ripple's native token into mainstream finance through familiar investment vehicles. Market observers note this could catalyze further institutional adoption if approved, though regulatory hurdles remain.
Webus Plans Tokenized Travel Reward Platform with XRP Stablecoin Settlement
Webus International Limited unveiled a blockchain-based travel reward exchange platform leveraging XRP stablecoins for cross-border settlements. The New York-based firm targets the $20 billion global loyalty market, aiming to bridge fragmented reward programs across airlines, hotels, and transport networks.
The platform promises faster conversions and lower transaction costs through XRP-powered settlements. By tokenizing loyalty points, Webus seeks to solve the industry's liquidity challenges—where rewards often remain trapped within siloed programs.
A phased rollout will include pilot programs with undisclosed travel partners. The MOVE signals growing institutional adoption of XRP for enterprise-grade payment solutions beyond Ripple's traditional remittance focus.
Ripple Expands into Africa with Absa Bank Custody Partnership
Ripple has secured a strategic partnership with Absa Bank, marking its first major custody collaboration in Africa. The deal will leverage Ripple's institutional-grade technology to provide secure, scalable digital asset storage for South African customers, including cryptocurrencies.
The move underscores growing demand for robust digital asset infrastructure in emerging markets. It also expands Ripple's global network, which already spans Europe, Asia, Latin America, and the Middle East.
XRP Tests Key Support at $2.40 Amid Market Volatility
XRP faced significant selling pressure during the October 14–15 trading session, dropping 6% before finding support at $2.40. The move followed broad deleveraging across cryptocurrency derivatives markets, which saw open interest plunge 50% to $4.22 billion.
Market participants are now watching whether the $2.40 level holds as a base for another attempt at the $2.65 resistance zone. The retest comes as Asian trading hours approach, typically a period of heightened activity for XRP markets.
Macroeconomic uncertainties continue to weigh on digital assets, with XRP mirroring the broader crypto market's sensitivity to risk appetite. The defense of $2.40 suggests some accumulation at these levels, though traders remain cautious given the recent volatility in derivatives positioning.
How High Will XRP Price Really Go After ETF Approvals This Month?
October was anticipated to be a pivotal month for XRP and other major altcoins, with investors banking on ETF approvals to drive momentum. Instead, the market faced turbulence—a partial government shutdown and a flash crash erased billions in value. Now, as stability returns, focus shifts back to XRP ETFs and their potential to ignite a rally.
Analysts initially downplayed the impact of ETFs on XRP’s price but now acknowledge their transformative potential. Institutional investment, akin to the $100 billion influx into Bitcoin ETFs, could reshape XRP’s market dynamics. Scarcity may intensify as decentralized exchange activity grows, reducing centralized exchange supply and amplifying price movements.
Technical indicators show XRP testing liquidity levels post-sell-off, setting the stage for a potential rebound. The interplay of ETF-driven demand and constrained supply could propel XRP into uncharted territory.
