XRP (XRP) has rebounded almost 21% from its sub-$2 lows reached on Nov. 21, as a number of technical and onchain alerts put the $2.80 goal inside attain.
Key takeaways:
XRP technical chart setups converge on the $2.80 goal.
Declining provide on exchanges suggests a scarcity of intention to promote by holders, signaling long-term conviction.
Optimistic Spot taker CVD stays, and chronic XRP ETF inflows counsel confidence amongst patrons.
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 wanting actually stable right here,” stated analyst Crypto Batman in an X publish on Friday, including:
“Not solely has it reclaimed its earlier help, nevertheless it’s additionally breaking out of a traditional 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 power index has elevated to 55 from oversold situations of 23 on Nov. 21, indicating a big enhance in upward momentum.
As Cointelegraph reported, a break above the 20-day EMA at $2.20 may sign a possible development change, bolstering patrons 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 beneath.
The XRP/USD pair now trades beneath a key provide zone between $2.3 and $2.63, the place all the main easy transferring averages (SMAs) sit.
Associated: XRP jumps 8% as Franklin Templeton, Grayscale ETFs start buying and selling
Bulls have to push the value above this space to extend the possibilities of the value rising to the neckline at $2.70 and finishing the V-shaped sample. Such a transfer would characterize a 23% worth enhance from the present ranges.
XRP bulls also needs to be inspired by the transferring 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,” stated analyst Terra Military in an X publish, including:
“If XRP reclaims the $2.30–$2.40 vary with quantity, issues may 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 beneath exhibits that the XRP steadiness on exchanges dropped by greater than 45% to 2.6 billion tokens on Nov. 27 from 3.95 billion XRP on Sept. 21.
A lowering steadiness on exchanges suggests a scarcity 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,” stated X person BD, including:
“Much less promote strain is a stronger setup for a giant transfer later.”
UPDATE: Binance’s XRP reserves have fallen to about 2.7B, one of many lowest ever, as regular outflows present buyers 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 change 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 e book, with the XRP/USD pair crashing to multimonth lows of $1.58 on Oct. 10.
Optimistic CVD (inexperienced bars within the chart beneath) signifies a rebound in demand, with patrons taking management.
If the CVD stays inexperienced, it will imply patrons will not be backing down, which may set the stage for an additional leg upward, as seen in historic recoveries.
The chart above means that extra purchase orders are being positioned out there than promote orders.
This means sustained demand regardless of the latest rally and usually alerts that the value could proceed its upward development.
Spot XRP ETFs produce nine-day influx streak
Sustained demand for XRP could be attributed to US-based spot XRP exchange-traded funds (ETFs), which continued to draw investor curiosity. 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 belongings to over $767 million, per SoSoValue information.
21Shares spot XRP ETF is predicted to go dwell on Monday, and extra ETFs are nonetheless being awaiting approval, which may add extra tailwinds for XRP worth.
JUST IN: 21Shares spot $XRP ETF will go dwell 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 maneuver greater towards $3.30–$3.50 within the coming weeks.
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a call.
