The cryptocurrency market is showing some signs of a rebound today. Bitcoin (BTC) has risen to the $103,000 price point after briefly falling below $100,000 on Nov. 5, 2025. Ripple’s XRP token also follows the price recovery pattern. CoinGecko data shows that XRP has jumped 5.1% in the last 24 hours and 352.8% since November 2024. Despite the sharp rebound, the asset still trades in the red zone in the other time frames, falling 8.4% in the last week, 0.4% in the 14-day charts, and 21% over the previous month.

Will XRP Continue Its Price Recovery Rally?

XRP’s rally comes after the crypto market faced one of its most brutal liquidations. Bitcoin (BTC) went from hitting an all-time high of $126,080 in early October to below $100,000 in early November. The correction came after trade disputes between the US and China. The market crash was further deepened after Jerome Powell’s cautious words after reducing interest rates by an additional 25 basis points. Powell warned about slow economic growth and rising inflation. XRP and other crypto assets took another beating from the prolonged US government shutdown, the longest in history.

The current market pullback could be due to investors buying the dip. XRP is currently registering the highest gains among the top 20 projects by market cap. The rally could also be a delayed reaction to the interest rate cut.

CoinCodex analysts anticipate XRP’s price to consolidate around current levels for the coming two weeks before rising again. The platform predicts XRP to hit $2.64 on Nov. 25, and then dipping to $2.3 once again in early December. Hitting $2.64 from current price levels will entail a rally of about 11.8%.

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There is also a possibility that the US SEC will approve one or more XRP ETFs over the coming weeks. An ETF approval could lead to a surge in investor sentiment and institutional inflows. Such a development could lead to XRP reclaiming the $3 mark.