Overview
- XRP trades near $2.45–$2.55 after a 12% jump on Nov. 10, with 24‑hour volume up more than 34% to about $6.14 billion and futures open interest around $4.11 billion.
- On‑chain flows show conflicting signals, with reports of more than $550 million in recent accumulation contrasted by 90 million XRP sold by large holders in 72 hours, while wallet growth hit an eight‑month high.
- Analysts highlight a bullish double‑bottom pattern, saying a break above $2.53–$2.70 and a daily close over roughly $2.70 could open targets near $2.90–$3.10, with some calling $3.25 on strong volume.
- Risk remains from a potential 50‑/200‑day death cross that has not confirmed, with support flagged around $2.35 and failure there seen risking $2.20–$2.05 unless buyers sustain control above $2.50.
- Institutional interest has improved following partial legal clarity in 2025 and multiple spot‑XRP ETF filings, though any extended rally is framed as contingent on actual approvals and sustained inflows.