XRP News Today: XRP Eyes $2.72 Breakout While Holding $2.43 as Key Support

Bitget App

Trade smarter

Bitget

News

Markets

XRP News Today: XRP Eyes $2.72 Breakout While Holding $2.43 as Key Support

Bitget-RWA2025/11/04 02:20

By:Bitget-RWA

- XRP trades at $2.51, forming a descending triangle pattern with key support at $2.30 and resistance at $2.72 Fibonacci level. - ETF optimism and $200M on-chain buying signal renewed retail/institutional interest, mirroring 2017 bull market dynamics. - Ripple's Nov 1 XRP unlock (2.5B value) and re-lock strategy will test market confidence amid macroeconomic uncertainties. - Institutional adoption and real-world use cases could drive XRP toward $3 if it breaks above $2.70 resistance zone.

XRP has entered a crucial technical formation as its price slipped 6% to $2.51, prompting traders to focus on significant support and resistance zones in anticipation of a possible

breakout

. The digital asset has been consolidating within a descending triangle, bounded by the 50-day EMA at $2.66 and a gradually rising support near $2.30, putting it at a decisive crossroads. Should XRP manage to close above $2.72—which matches the 0.5 Fibonacci retracement—it could rally toward $3.25, where the 0.786 retracement and the upper boundary of the triangle intersect. On the other hand, a move below $2.43 could see the token revisit support at $2.16 or test a broader demand area around $1.76.

This price action comes amid growing optimism around ETFs, which analysts believe may encourage accumulation ahead of the ETF approval period. Although on-chain data shows a net inflow of $200 million—much less than the $200 million surges seen in July—it signals renewed interest from spot market participants. Historically, such capital inflows have often preceded short-term price surges, especially when regulatory developments are in play. This effect is further supported by overall crypto market momentum, with

Bitcoin

climbing 2% to $110,400 and

Ethereum

gaining 1.6% to reach $3,845.

XRP News Today: XRP Eyes $2.72 Breakout While Holding $2.43 as Key Support image 0

At the same time, Ripple’s upcoming

release of 1 billion XRP

(worth about $2.5 billion) on November 1 has sparked discussion about its potential effects on the market. Ripple generally re-locks 70–80% of the tokens it unlocks, which helps to limit sudden increases in supply, but traders are watching the re-lock ratio as an indicator of Ripple’s liquidity approach. Most analysts foresee little immediate price impact, though they warn that a smaller re-lock could point to greater distribution or funding activity ahead of 2026.

Interest from institutional investors in

XRP

is also on the rise, with some experts comparing the current setup to the

2017 bull run

. A sustained move above $2.70 could pave the way for a climb to $3 or higher, especially if corporate treasuries and real-world asset transactions on the XRP Ledger pick up speed. Still, the token’s medium-term outlook remains uncertain. If XRP drops below $2.30, it could accelerate losses toward the $2.10–$2.20 range, a risk heightened by thin weekend trading and broader economic headwinds, according to an

XRP price outlook

The combination of ETF enthusiasm, institutional capital, and Ripple’s management of token supply is likely to shape XRP’s next direction. While bulls are targeting the $3.00–$3.20 resistance band, bears will try to maintain the triangle pattern by keeping prices under $2.43. With the Federal Reserve’s recent policy shift and continued positive trade sentiment, the next few weeks could prove pivotal for XRP’s evolution from a retail-focused asset to one favored by institutions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- The 2025 Bitcoin leverage liquidation crisis exposed critical DeFi vulnerabilities, triggering $1.3B in liquidations and destabilizing protocols like Balancer and Stream Finance. - Exploits in stable pools and opaque Curator models caused $160M in frozen funds, with Euler facing $137M in bad debt after Stream Finance's xUSD collapse. - Experts warn of systemic risks as DeFi's interconnectedness amplifies failures, while solutions like RedStone's Credora aim to address real-time credit monitoring gaps. -

Bitget-RWA•2025/11/08 16:30

The November 2025 Bitcoin Leverage Liquidation Event: Exposing Systemic Vulnerabilities in DeFi Lending and Margin Trading

Bitcoin's Value Soars in November 2025: Key Macroeconomic Drivers and Growing Institutional Embrace

- Bitcoin's November 2025 surge was driven by U.S. government shutdown-induced liquidity shifts and institutional adoption of ETFs. - BlackRock's ASX Bitcoin ETF launch and JPMorgan's $343M IBIT holdings signaled growing institutional confidence in crypto. - Harvard's $100M ETF allocation and staking-based products like Bitwise's Solana ETF highlight systematic capital inflows into crypto. - Despite $578M ETF outflows in November, Bitcoin's correlation with liquidity (0.85) and global regulatory alignment

Bitget-RWA•2025/11/08 16:30

Bitcoin's Value Soars in November 2025: Key Macroeconomic Drivers and Growing Institutional Embrace

Modern Monetary Theory and Market Outlook for 2026: Does Bold Investment in Stocks and Emerging Economies Make Sense?

- Modern Monetary Theory (MMT) sparks debate in 2025 as governments expand fiscal spending amid inflation and AI-driven economic shifts. - Proponents argue deficit spending boosts growth, while critics warn of inflation risks and fiscal unsustainability as U.S. deficits hit $7 trillion. - Fed officials clash over policy: Hammack prioritizes inflation control, while Jefferson advocates patience as AI reshapes labor markets. - MMT-driven liquidity could lift emerging markets if Fed rates stay low, but sudden

Bitget-RWA•2025/11/08 16:10

Modern Monetary Theory and Market Outlook for 2026: Does Bold Investment in Stocks and Emerging Economies Make Sense?

The Emergence of Hyperliquid and What It Means for Retail Crypto Traders

- Hyperliquid dominates 73% of Q1 2025 crypto trading with its HyperBFT blockchain, 0.2-second block times, and transparent HLP liquidity pools. - The platform maintained 100% uptime during 2025's market crash, processing $10B in liquidations while Binance faced outages and refunds. - 21Shares filed an ETF for Hyperliquid's HYPE token (now 11th largest crypto at $12.6B), while $645M in buybacks boosted institutional confidence. - Hyperliquid captured 15% of Binance's volume via permissionless market creati

Bitget-RWA•2025/11/08 16:10