The post XRP price eyes breakout above $2.70 as Canary Capital XRP ETF launch looms appeared on BitcoinEthereumNews.com.

XRP is gaining traction this week amid growing speculation over multiple XRP ETF launches in the coming weeks, with Canary Capital’s product potentially debuting late this week. How high could XRP price climb if bullish momentum continues? Summary Growing speculation over multiple XRP ETFs launching in the coming weeks is supporting XRP price ongoing rebound from the recent retest of the long-term descending channel support near $2. Canary Capital’s ETF could launch as soon as late this week, potentially serving as a major catalyst for renewed bullish momentum in XRP price. XRP price breakout above $2.70 could open the path to $3.10–$3.40. Ripple (XRP) price extends its rebound from the recent low at $2 as investor confidence grows due to multiple XRP ETFs potentially launching in the coming weeks. As of 10 Nov., eleven XRP ETFs, appeared on the DTCC’s “active and pre-launch” list, including products by 21Shares, ProShares, Bitwise, Canary Capital, Volatility Shares, REX-Osprey, CoinShares, Amplify, and Franklin Templeton. However, it’s important to note the listing on DTCC does not guarantee regulatory approval. Last week, Canary Capital indicated its XRP ETF is “coming soon,” fueling speculation that it might launch as soon as late this week. XRP price technical analysis XRP price has recently rebounded from the lower trendline support within the long-term descending channel at around $2, once again confirming that bulls are defending this technical area. The rebound gained traction as XRP price reclaimed both 9 EMA (cyan) and 21 EMA (yellow) on the daily. XRP is now testing the 55 EMA (green) for the first time since late October. This level that has acted as a strong dynamic resistance since the October 10 flash crash. While the EMAs remain stacked in bearish order, the 9 and 21 EMAs are curling upward, while the daily RSI has…

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Filed under: News - @ November 11, 2025 10:29 am