In a move that seems straight out of a crypto fantasy, Ripple’s XRP has skyrocketed over 10% in the past 24 hours, settling at a cool $2.50. This follows a dramatic rebound from the depths of despair, under $2.20 earlier this week. Is this the beginning of something epic, or just another blip on the radar?
Meanwhile, trading volume has surged past $4 billion, sparking wild speculation about whether this is a genuine rally or just a fleeting reaction. One thing’s for sure: things are heating up. 🔥
Patterns Repeat, But Don’t Pop the Champagne Just Yet
For the past year, analysts have been tracing a familiar pattern in XRP’s price. The token tends to drift sideways for what feels like eternity before erupting in a spectacular burst of movement. Sound familiar? It happened in 2023 and again in 2025, and now, here we are, once again trapped in a wide range between $1.90 and $3.50. Ah, déjà vu. 😒
According to the so-called ChartNerd (who’s apparently all-knowing), XRP might be gearing up for another epic expansion. The so-called “Staircase to Valhalla” chart hints at price targets that could catapult XRP to $8, $13, and-hold onto your hats-$27. If this breakout holds, of course. The chart features a symmetrical triangle, which sounds super technical and convincing, but we’ve all seen those “breakouts” fall flat before. 🙄
$XRP: Targets = $8 > $13 > $27
This macro fractal of mine will keep being pulled out of the hat unless it’s invalidated. Time is our good friend here. Ever so close to takeoff 🚀– ChartNerd (@ChartNerdTA) November 10, 2025
The Battle at $2.4: Will It Break Through? 🥊
All eyes are on the $2.4 level, a stubborn resistance that’s been a thorn in XRP’s side. According to the ever-so-mysterious CRYPTOWZRD, a move above this point could pave the way for a climb to $2.55. But let’s not get ahead of ourselves-daily resistance is still lurking at $2.75, with support at $2.27. It’s like a crypto dance-off, and no one’s sure if XRP has the moves to win. 💃
Some traders are betting that Bitcoin’s movements will trigger a spike in XRP, but others are playing the waiting game, hoping for a clean breakout. It’s like waiting for your date to show up-will they or won’t they? 🤔
Selling Pressure Still a Thing, But Will It Hold XRP Back? 💸
Blockchain data isn’t exactly singing the praises of long-term holders right now. According to Glassnode, seasoned wallets are selling off during pullbacks-something that doesn’t quite match up with previous market cycles. Adding to the drama, large holders dumped over 500,000 tokens in just two days. Will the sell-off continue, or is it just a glitch in the matrix? 🧑💻
Despite all that, XRP has been bouncing back strong. Political headlines have lifted the crypto mood, including former President Trump’s promise of $2,000 stimulus checks and a potential government reopening. Apparently, the crypto gods smiled on XRP, and the token rebounded, pushing back towards the $2.50 mark. Lucky us, huh? 🍀
Meanwhile, asset managers like Bitwise, Franklin Templeton, and 21Shares have submitted their amended S-1 filings for spot XRP ETFs. They’re doing it by the book, but will the SEC play nice? Maybe, maybe not. What we do know is that these updates are pushing the needle closer to launch. Time will tell if institutional investors will flood in, just like they did with Bitcoin and Ethereum ETFs. The suspense is unbearable. 😅
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2025-11-10 20:27