XRP Price Today: XRP Set to Surge as Short-Term Capitulation Sparks Bullish Run Toward $3.50
The post XRP Price Today: XRP Set to Surge as Short-Term Capitulation Sparks Bullish Run Toward $3.50 appeared on BitcoinEthereumNews.com.
XRP Price Chart Today shows the cryptocurrency trading at approximately $2.218 as of November 7, 2025, following a minor dip amid broader crypto market corrections. This movement reflects ongoing accumulation and technical consolidation, suggesting XRP may be preparing for a bullish breakout in the near term. XRP Re-Accumulation Phase Signals Potential Upside Market analysts indicate that XRP has been in a re-accumulation phase since early 2025, confined between $1.99 support and $3.30 resistance. As @EtherNasyonaL notes, “Unless the structure is broken, this silence will trigger a new leg,” highlighting the potential for a renewed upward trajectory. XRP remains in a re-accumulation phase between $1.99 support and $3.30 resistance, signaling a potential next upward move. Source: @EtherNasyonaL via X This range-bound trading has allowed whales and institutional investors to accumulate positions strategically. Binance data confirms that XRP remains above its 200-day EMA, reinforcing long-term bullish sentiment and the likelihood of a subsequent price rally. Short-Term Holder Capitulation Signals Reversal On-chain data from Glassnode shows that short-term XRP holders have entered a capitulation zone, a metric historically associated with major price reversals. @Steph_iscrypto commented, “Historic data shows this signal often precedes large price reversals!” XRP short-term holders enter the capitulation zone, a historic signal that often precedes major price reversals. Source: @Steph_iscrypto via X The capitulation indicates that weaker hands are exiting, while stronger investors are positioning for the next leg upward. Current daily trading volumes of over 5 billion XRP suggest active market participation, supporting the potential for a rebound. Weekly Support Zone Provides Key Reversal Signal Technical analysis highlights that XRP is currently positioned within a weekly support zone near $2.00, an area critical for determining short-term momentum. @Karman_1s explains, “Watch for the reversal signal that launches us past $3.50,” emphasizing that a successful bounce could set the stage for…
Filed under: News - @ November 8, 2025 3:29 am