Can XRP Break the $2.30 Barrier? ETF Hype Grows but Price Struggles

XRP is back in the spotlight as more people talk about the possibility of an XRP exchange-traded fund (ETF). Whenever ETF rumours appear in the crypto world, investors usually expect a price jump. The big question now is whether this renewed excitement can help XRP finally break past a price barrier that has held it down for almost two years.

For a long time, XRP has struggled to move above the same price range. Analysts say its major resistance zone, the area where the price repeatedly gets stuck is between $2.24 and $2.38. Recently, XRP tried to rise but fell back after failing to move past around $2.30.

Even though talk of an ETF shows strong interest from big investors, XRP still needs a strong, steady push to break above this resistance zone. If it can stay above this level, it could open the door for bigger price gains. But if it fails again, the price may fall back to test lower support levels. Right now, $2.20 is an important support level, and traders are watching closely to see if it can hold.

Recent XRP developments

In mid-November 2025, several spot XRP ETFs were launched in the United States, and they attracted a lot of money right away. Franklin Templeton’s XRPZ and Grayscale’s GXRP were among the most popular. However, even with this strong interest, XRP’s price continued to fall. By late November, it was trading near $2.18, showing that ETF demand wasn’t enough to stop the short-term downward trend.

The inflows into these ETFs suggest that XRP could grow in the long run, but current market signals remain mixed. Technical indicators are unclear, and the futures market shows weak interest from regular traders, which is slowing any potential recovery. XRP recently bounced from a low of about $1.90, but it is still struggling with strong resistance. Analysts say XRP must stay above certain key price levels before it can gain real upward momentum again.

XRP is trading below key Exponential Moving Averages (EMAs), suggesting a bearish trend in the short-to-medium term. The RSI is currently around 47, indicating a neutral sentiment and showing that buying momentum is needed to push the price higher. Some analysts note that XRP is trading within a parallel channel and has rebounded from its lower support line, suggesting a potential move toward the channel’s midpoint around $2.60

Despite significant institutional interest and ETF inflows, XRP faces short-term headwinds from profit-taking and overall cautious market sentiment. A strong, sustained close above the immediate resistance is needed to confirm a bullish continuation. A failure to hold support could lead to further downward pressure

For XRP to climb above this critical zone of 2.30 and stay there, it must show clear signs of strength across several areas. One of the most important is a strong weekly candle that closes firmly above the resistance. XRP also needs more liquidity across major exchanges. When liquidity is thin, price movements become unstable and can be pushed around by relatively small trades. A true breakout requires a steady flow of buyers that can absorb selling pressure. This is where a future ETF could eventually play a major role because ETFs introduce steady, predictable demand. For now, XRP must rely on spot traders and existing market participants.

XRP’s recent ETF launches show that big investors still believe in its long-term potential, but the price continues to struggle in the short term. Until XRP can break above its long-standing resistance zone and stay there with strong momentum, the path forward will remain uncertain. The next big move will depend on whether buyers can build enough confidence to push XRP back into a clear uptrend.

Do you think the growing interest in XRP ETFs will finally give XRP the push it needs to break past $2.30, or will the resistance keep holding it down?