- 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- More than $550 million in XRP was withdrawn from centralized exchanges, signaling long-term holding.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.
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 support established after the October 10 crypto market crash.
Exchange Outflows Point To Supply Tightening
Apart from the cryptocurrency’s price action, the analyst noted that XRP users have pulled over $550 million worth of the digital asset from centralized exchanges, suggesting their intention to hold for the long term.
According to the analyst, “strong hands are stacking and supply is drying up.”
XRP Momentum Indicators Now Support More Upside
From a technical perspective, the crypto analyst identified a significant development on the XRP RSI indicator. He revealed that the RSI has flipped above 50, reflecting fresh bullish energy. Meanwhile, the analyst believes that a price rally establishing XRP’s support above $2.55 will open the way for higher targets, with $2.64 to $2.75 looking like XRP’s next target region.
XRP Price Pullback Context
TradingView data showed XRP at $2.45 at press time, about 5% off Monday’s local high at $2.58. The pullback keeps the move inside a healthy breakout pattern, not a failed spike.
As long as buyers defend the $2.35 to $2.45 zone that started this move, the upside scenario stays in place and $2.55 becomes the level to flip for continuation.
Related: XRP Price Prediction for November 12, 2025: XRP Price Eyes Bullish Continuation as Market Activity Surges
