Bullish structure emerges as XRP records a 7% surge, reclaiming key technical levels
XRP posted its strongest upside move in weeks, rising nearly 7% as broader market sentiment stabilized and newly launched Ripple-linked exchange-traded products drew fresh attention from institutional traders. The token is now attempting to recover from a multi-week downturn, with price action pressing firmly against a major descending pattern that has shaped the market since early autumn.
XRP Technical Outlook Strengthens
Over the last 48 hours, XRP has climbed back above the $2.20 region after buyers defended a key demand block highlighted by repeated swing lows. Analysts tracking the structure noted that the market printed a clean Break of Structure (BOS) on the lower timeframe, suggesting a shift in momentum after weeks of controlled sell pressure.
According to BitXJournal market technicians, “the breakout from the descending channel is the clearest bullish signal XRP has delivered in November”, pointing to rising volume and a series of higher lows.
BitXJournal analyst added that “institutional flows triggered by newly introduced Ripple-related ETF products appear to be supporting the upside, creating a more sustainable base for continuation.”
Critical Levels in Focus
The market reflects multiple liquidity zones, with the $2.00–$1.90 green support band acting as the strongest near-term floor. The market tapped into this area before rebounding sharply — a move often viewed as a sign of aggressive accumulation.
Above current prices, the mid-range zones near $2.60 and $2.90 remain the next key hurdles.
A confirmed daily close above $2.60 would validate broader bullish continuation and open the path toward the higher supply regions tested earlier this year.
At the same time, traders remain cautious. BitXJournal market strategist noted, “XRP still needs to maintain structure; losing the reclaimed support could revive selling pressure, especially if broader market volatility returns.”
Though XRP’s long-term trend remains mixed, the recent breakout marks one of the most decisive shifts in momentum since September. With ETF-related interest rising and technicals leaning bullish, the asset now enters a critical phase where sustained demand could reshape the chart heading into 2026.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.