XRP Price Today Jumps 12% As $550M Exits Exchanges
The post XRP Price Today Jumps 12% As $550M Exits Exchanges appeared on BitcoinEthereumNews.com.
XRP broke out of a five-day sideways range and reclaimed $2.45 after a 12% move. More than $550 million in XRP was withdrawn from centralized exchanges, signaling long-term holding. If price turns $2.55 into support, the next upside zone sits at $2.64 to $2.75. XRP moved sharply higher in the last 48 hours, rallying from about $2.28 and clearing resistance near $2.35, which ends the five-day horizontal drift traders were worried about. The push back above $2.45 lines up with the post–October 10 crash support band, so bulls now have a recent structure to defend for the next leg. A clean departure from a flat range often tells traders the earlier sell wall has been absorbed. 🔥 $XRP is waking up! After a week of sideways moves, $XRP just pumped 12%, now sitting around $2.45. Over $550M worth of $XRP has been pulled off exchanges – strong hands are stacking, and supply is drying up. RSI just flipped above 50, showing fresh bullish energy.If $2.55… pic.twitter.com/7vwLmsrcJq — Wise Crypto (@WiseCrypto_) November 11, 2025 Related: Analyst Says XRP Could “Melt Faces” in 4–6 Weeks, “Mark My Words” XRP Breaks Out Of Sideways Range Above Key Support It is worth noting that XRP’s latest price surge indicates a breakout from a sideways movement around a crucial support that lasted for about five days. The horizontal price drag had many XRP users in panic, leaving them suspecting that a break below support could trigger a significant price decline for the cryptocurrency. In the meantime, the latest bounce off the support region comes as a massive relief for XRP bulls. They consider it the beginning of a potential turnaround that could initiate the next phase of the cryptocurrency’s rally. For instance, the analyst on X emphasized that XRP has returned above the crucial $2.45…
Filed under: News - @ November 11, 2025 2:26 pm