TLDR
- XRP is trading at $2.62, down 0.24% in 24 hours but up 6.89% over the past week with trading volume rising 21.25% to $4.47 billion
- Evernorth purchased $1 billion worth of XRP, accumulating over 388.71 million tokens, which coincided with record exchange outflows of 2.78 million XRP
- Technical analysis shows XRP following a fractal pattern that could push prices to $2.75-$3.00 range, representing a potential 12-18% rally in November
- The token faces key resistance at $2.64, with a breakout potentially targeting $2.88 and longer-term levels of $3.70-$3.80
- XRP exchange withdrawals hit record levels, indicating strong accumulation by large holders and reduced selling pressure
Ripple is currently trading at $2.62, showing a minor 0.24% decline over the last 24 hours. The token is down 7.5% for October but has rebounded 109% from its mid-October lows.
Trading volume has increased by 21.25% to $4.47 billion. This rise in volume shows active participation from traders and investors in the market.
Over the past week, XRP has gained 6.89%. The price recovery comes as the token bounces from its long-term ascending trendline support, which has served as an accumulation zone for traders.
Evernorth made a $1 billion XRP treasury purchase. The company has accumulated over 388.71 million XRP tokens worth approximately $1.02 billion as of Monday.
This purchase coincided with record exchange outflows. On October 19 and 20, XRP’s exchange net position change fell by 2.78 million tokens, marking the deepest negative levels on record according to Glassnode data.
XRP Technical Analysis Points to Potential Price Targets
The current price action mirrors patterns seen earlier in 2025. In April and June, XRP bounced from the same trendline support level.
The April rebound pushed prices toward the $3.20 to $3.40 range. The June recovery saw XRP reach $3.30 and eventually establish a multiyear high around $3.66.
Technical indicators suggest a similar pattern may repeat in November. The relative strength index remains neutral, pointing to a potential move toward $2.77 first.
A close above $2.77 could trigger momentum toward the $2.75 to $3.00 zone. This would represent a 12% to 18% rally from current levels.
Key Resistance Levels and Market Dynamics
The immediate resistance sits at $2.64. Breaking this level would signal continued bullish momentum according to market analysts.
📊 $XRP / USDT 3D Outlook$XRP appears to be trading within a broad rising channel, where price has bounced multiple times off the lower trendline. ⚡
If bullish momentum continues, $XRP could be targeting the upper channel zone around $3.7 – $3.8 in the coming weeks. 🚀 pic.twitter.com/mN3UAleQ7k
— CryptoPulse (@CryptoPulse_CRU) October 27, 2025
The next resistance level stands at $2.88. A move above both levels would mark the start of a third wave in the current bull run.
The largest near-term liquidity cluster is positioned around $2.68. Roughly $15.91 million in leveraged positions are at risk at this price point.
This zone represents about $39.1 million in potential short liquidations. A squeeze at this level could push the token higher toward the $2.75 to $3.00 target range.
Trading data from CoinGlass shows volume has grown 4.47% to $7.92 billion. Open interest has fallen slightly by 1.23% to $4.44 billion.
The OI-weighted funding rate stands at 0.0060%. This indicates balanced market conditions with no dominance from either buyers or sellers.
Analysts note XRP is trading within an uptrending channel. The price has reached the lower trendline of this channel while maintaining positive direction.
Some projections suggest the token could reach $3.70 to $3.80 within the coming weeks if the uptrend continues. These targets depend on XRP maintaining its support levels and breaking through key resistance zones.
The record exchange outflows typically indicate accumulation by large holders. These tokens are being moved to cold storage, which reduces immediate selling pressure on the market.
