XRP (XRP) has rebounded almost 21% from its sub-$2 lows reached on Nov. 21, as a number of technical and onchain alerts put a $2.80 goal inside attain.
Key takeaways:
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XRP technical chart setups converge on a $2.80 goal.
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Declining provide on exchanges suggests a lack of intention to promote by holders, signaling long-term conviction.
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Constructive Spot taker CVD stays, and chronic XRP ETF inflows counsel confidence amongst consumers.
XRP worth bull pennant targets $2.80
The four-hour chart exhibits XRP worth buying and selling with a bull pennant, hinting at a robust upward transfer as soon as the sample is confirmed.
“$XRP is trying actually strong right here,” said analyst Crypto Batman in an X submit on Friday, including:
“Not solely has it reclaimed its earlier assist, however it’s additionally breaking out of a basic bullish pennant, a robust continuation sample.”
A four-hour candlestick shut above the pennant’s higher trendline at $2.22 will clear that path for XRP’s rise towards the bull pennant’s goal at $2.80, representing a 25% enhance from the present worth.
The relative strength index has elevated to 55 from oversold situations of 23 on Nov. 21, indicating a important enhance in upward momentum.
As Cointelegraph reported, a break above the 20-day EMA at $2.20 might sign a potential development change, bolstering consumers to push the XRP/USD pair towards the higher boundary of the descending channel at $2.70.
XRP’s V-shaped restoration sample targets $2.70
Zooming out, XRP’s worth motion has been forming a V-shaped restoration chart sample on the each day chart since early November, as proven under.
The XRP/USD pair now trades under a key provide zone between $2.30 and $2.63, the place all the main simple moving averages (SMAs) sit.
Associated: XRP jumps 8% as Franklin Templeton, Grayscale ETFs begin trading
Bulls want to push the value above this space to enhance the probabilities of the value rising to the neckline at $2.70 and finishing the V-shaped sample. Such a transfer would symbolize a 23% worth enhance from the present ranges.
XRP bulls also needs to be inspired by the shifting common convergence divergence (MACD) indicator, which alerts a bullish cross and a strengthening upward momentum.
With the “MACD turning inexperienced and the RSI recovering, XRP’s momentum is slowly returning,” said analyst Terra Military in an X submit, including:
“If XRP reclaims the $2.30–$2.40 vary with quantity, issues might get thrilling once more.”
Falling XRP provide on exchanges is bullish
There was a notable decline in XRP provide on exchanges over the previous 60 days, as indicated by information from Glassnode.
The chart under exhibits that the XRP steadiness on exchanges dropped by greater than 45% to 2.6 billion tokens on Thursday from 3.95 billion XRP on Sept. 21.
A decreasing steadiness on exchanges suggests a lack of intention to promote by holders, reinforcing the upside potential for XRP.
“XRP reserves on Binance are collapsing as holders transfer XRP off the exchanges,” said X consumer BD, including:
“Much less promote strain is a stronger setup for a huge transfer later.”
🚨 UPDATE: Binance’s XRP reserves have fallen to about 2.7B, one of many lowest ever, as regular outflows present traders pulling tokens off the change. pic.twitter.com/qm3yOQ2T6k
— Cointelegraph (@Cointelegraph) November 27, 2025
XRP spot taker CVD alerts excessive purchaser volumes
Analyzing the 90-day spot taker cumulative quantity delta (CVD) reveals that purchase orders (taker purchase) have turn into dominant once more. CVD measures the distinction between purchase and promote quantity over a three-month interval.
Till late October, sell-side strain dominated the order ebook, with the XRP/USD pair crashing to multimonth lows of $1.58 on Oct. 10.
Constructive CVD (inexperienced bars in the chart under) signifies a rebound in demand, with consumers taking management.
If the CVD stays inexperienced, it might imply consumers are not backing down, which might set the stage for one more leg upward, as seen in historic recoveries.
The chart above means that extra purchase orders are being positioned in the market than promote orders.
This implies sustained demand regardless of the latest rally and usually alerts that the value might proceed its upward development.
Spot XRP ETFs produce nine-day influx streak
Sustained demand for XRP will be attributed to US-based spot XRP exchange-traded funds (ETFs), which continued to attract investor interest. These funding merchandise have recorded 9 straight days of inflows since launch, underscoring institutional demand.
US-based XRP ETFs added $2.81 million on Thursday, bringing cumulative inflows to $643 million and whole internet property to over $767 million, per SoSoValue information.
The 21Shares spot XRP ETF is expected to go live on Monday, and more ETFs are still awaiting approval, which can add extra tailwinds for XRP worth.
JUST IN: 🇺🇸 21Shares spot $XRP ETF will go stay on Monday.
Bullish for XRP 🚀 pic.twitter.com/ke7hH8VnRO
— Ash Crypto (@AshCrypto) November 28, 2025
As Cointelegraph reported, a number of indicators counsel that XRP is bullish at present costs, reinforcing the potential for it to transfer greater towards $3.30–$3.50 in the approaching weeks.
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a resolution.
