XRP price prediction as longest shutdown in US history is now over
XRP price has rebounded from $2.20 to its current level around $2.47, with recent highs of $2.55. The end of the U.S. government shutdown has improved market stability and boosted short-term sentiment. The key resistance level lies between $2.55 and $2.60, while support between $2.40 and $2.45 is crucial for further upside momentum. Traders are monitoring whale wallet activity, as increased accumulation could signal a bull run. Conversely, a drop below $2.40 could lead to corrections toward $2.25. Broader trading volumes and macroeconomic sentiment will influence XRP's performance. A sustained move above $2.60 remains critical for further price growth.
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Introduction: XRP Price Recovery Amid Market Stability
XRP price prediction leans constructive as price rebounds from $2.20 to $2.47 after significant macroeconomic improvements. The end of the longest-ever U.S. government shutdown has stabilized markets, supporting a recovery in risk appetite. However, analysts highlight that a key hurdle remains at the $2.55–$2.60 resistance zone.
Current XRP Price Levels and Market Sentiment
As of November 13, Ripple (XRP) was trading at around $2.47, with intraday highs reaching $2.55. The 44-day U.S. government shutdown's conclusion has pushed markets away from defensive and bearish sentiment. XRP wallets witnessed an increase in activity after prices rebounded from $2.20, reinforcing optimism. Despite this rebound, $2.60 remains a firm resistance barrier, established during recent trading sessions.
Momentum and Resistance Levels
Momentum might build towards $2.60 if support holds between $2.40 and $2.45. Analysts suggest that breaking above $2.60 could pave the way for further gains, with targets at $2.70–$2.75. Broader altcoin trading volumes and macroeconomic sentiment will play an integral role in shaping XRP’s short-term trajectory. Additionally, whale wallet accumulation is being closely monitored, as an uptick in large wallet activity could bolster a potential bullish trend.
Risks and Potential Downside for XRP
On the downside, failure to maintain support above $2.40 could result in a correction towards $2.25, presenting a bearish scenario. Risk appetite for XRP must increase notably for any sustained rally, or deeper resistance levels could come under scrutiny. Additional risks include ETF outflows and declining trading volumes, which may harm XRP's near-term prospects.
Short-Term XRP Price Range and Final Outlook
The near-term trading range for XRP is confined between $2.40 and $2.60. A break above $2.60 could lead to targets at $2.70–$2.75, while falling below $2.40 would likely send prices back towards $2.25–$2.30. Overall, the outlook for XRP remains cautiously constructive as macroeconomic uncertainty eases, dip-buyers return, and technical momentum gradually rebuilds. A sustained move above $2.60 remains the critical trigger for any meaningful price trend extension.
Disclaimer
Disclosure: This article does not represent investment advice. The content and materials featured here are for educational purposes only.