With 17% upside over the past week, Ripple’s native crypto XRP XRP $2.21 24h volatility: 1.4% Market cap: $133.55 B Vol. 24h: $3.33 B is showing strength, with market experts turning optimistic on rising XRP ETF demand. The XRP price chart hints of a breakout, with signs of the recent convergence ending soon. XRP Price Rebound Hints at Next Breakout Amid the broader crypto market consolidation, the XRP price is currently trading at $2.20 level. Popular crypto analyst CW stated that XRP’s brief move below a key convergence zone was a fake breakdown. This move triggered confusion and prompted premature selling from traders expecting a deeper decline. According to the analyst, XRP quickly recovered after the downside move, signaling that the breakdown lacked technical confirmation. CW added that the convergence pattern is nearing completion. He expects the XRP price to rally once the token breaks decisively above the trend convergence. $XRP broke below the convergence and then recovered. This downward breakout was a fake breakout intended to create confusion. It was a move intended to lure investors who had anticipated a decline and sold off. And this convergence will soon end.$XRP will rally after breaking… https://t.co/Ny9CpaT5c9 pic.twitter.com/xeDqZA8PMI — CW (@CW8900) November 28, 2025 Another crypto analyst, BATMAN said XRP price is showing renewed strength after reclaiming a key support level. The analyst cited breaking out of a bullish pennant formation, a pattern typically viewed as a continuation signal. BATMAN noted that the structure supports an aggressive bullish stance. He said that the breakout suggests a “textbook” entry point for traders seeking upward momentum.   XRP ETF Inflows Can Add Further Fuel The launch of spot XRP ETFs in the U.S. market this month has met with a good response. Players like Grayscale, Bitwise, and Franklin Templeton have already recorded strong inflows for their respective ETFs, since launch. Joining the bandwagon, 21Shares will also bring its XRP ETFs into the US market on December 1. BREAKING: 🇺🇸 21Shares spot $XRP ETF launches Monday. Bullish signals for $XRP 🚀 pic.twitter.com/NRrMP46z0J — Conor Kenny (@conorfkenny) November 28, 2025   This shows that the institutional demand for the Ripple cryptocurrency remains strong. XRP community experts like Chad Steigraber believe that ETF funds will do relentless buying during the first year, leading to a supply crunch. In the first year, the XRP ETF funds will be relentlessly aggressive. There is only ONE way to slow them down… The price HAS to go up. There is no plan B. — Chad Steingraber (@ChadSteingraber) November 27, 2025 XRP reserves on Binance have fallen rapidly as long-term and institutional buyers continue to accumulate the token. Analysts note that extended consolidation phases in XRP, followed by breakouts above key moving averages, have historically preceded strong price moves. Latest on-chain data shows Binance’s XRP holdings near 2.7 billion tokens, marking a significant drop from early-October levels, as per data from CryptoQuant. XRP exchange reserves. | CryptoQuant nextThe post XRP Price Convergence to End Soon, Will Ripple ETF Inflows Trigger Breakout? appeared first on Coinspeaker.With 17% upside over the past week, Ripple’s native crypto XRP XRP $2.21 24h volatility: 1.4% Market cap: $133.55 B Vol. 24h: $3.33 B is showing strength, with market experts turning optimistic on rising XRP ETF demand. The XRP price chart hints of a breakout, with signs of the recent convergence ending soon. XRP Price Rebound Hints at Next Breakout Amid the broader crypto market consolidation, the XRP price is currently trading at $2.20 level. Popular crypto analyst CW stated that XRP’s brief move below a key convergence zone was a fake breakdown. This move triggered confusion and prompted premature selling from traders expecting a deeper decline. According to the analyst, XRP quickly recovered after the downside move, signaling that the breakdown lacked technical confirmation. CW added that the convergence pattern is nearing completion. He expects the XRP price to rally once the token breaks decisively above the trend convergence. $XRP broke below the convergence and then recovered. This downward breakout was a fake breakout intended to create confusion. It was a move intended to lure investors who had anticipated a decline and sold off. And this convergence will soon end.$XRP will rally after breaking… https://t.co/Ny9CpaT5c9 pic.twitter.com/xeDqZA8PMI — CW (@CW8900) November 28, 2025 Another crypto analyst, BATMAN said XRP price is showing renewed strength after reclaiming a key support level. The analyst cited breaking out of a bullish pennant formation, a pattern typically viewed as a continuation signal. BATMAN noted that the structure supports an aggressive bullish stance. He said that the breakout suggests a “textbook” entry point for traders seeking upward momentum.   XRP ETF Inflows Can Add Further Fuel The launch of spot XRP ETFs in the U.S. market this month has met with a good response. Players like Grayscale, Bitwise, and Franklin Templeton have already recorded strong inflows for their respective ETFs, since launch. Joining the bandwagon, 21Shares will also bring its XRP ETFs into the US market on December 1. BREAKING: 🇺🇸 21Shares spot $XRP ETF launches Monday. Bullish signals for $XRP 🚀 pic.twitter.com/NRrMP46z0J — Conor Kenny (@conorfkenny) November 28, 2025   This shows that the institutional demand for the Ripple cryptocurrency remains strong. XRP community experts like Chad Steigraber believe that ETF funds will do relentless buying during the first year, leading to a supply crunch. In the first year, the XRP ETF funds will be relentlessly aggressive. There is only ONE way to slow them down… The price HAS to go up. There is no plan B. — Chad Steingraber (@ChadSteingraber) November 27, 2025 XRP reserves on Binance have fallen rapidly as long-term and institutional buyers continue to accumulate the token. Analysts note that extended consolidation phases in XRP, followed by breakouts above key moving averages, have historically preceded strong price moves. Latest on-chain data shows Binance’s XRP holdings near 2.7 billion tokens, marking a significant drop from early-October levels, as per data from CryptoQuant. XRP exchange reserves. | CryptoQuant nextThe post XRP Price Convergence to End Soon, Will Ripple ETF Inflows Trigger Breakout? appeared first on Coinspeaker.

XRP Price Convergence to End Soon, Will Ripple ETF Inflows Trigger Breakout?

2025/11/28 22:45
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

With 17% upside over the past week, Ripple’s native crypto XRP XRP $2.21 24h volatility: 1.4% Market cap: $133.55 B Vol. 24h: $3.33 B is showing strength, with market experts turning optimistic on rising XRP ETF demand.

The XRP price chart hints of a breakout, with signs of the recent convergence ending soon.

XRP Price Rebound Hints at Next Breakout

Amid the broader crypto market consolidation, the XRP price is currently trading at $2.20 level. Popular crypto analyst CW stated that XRP’s brief move below a key convergence zone was a fake breakdown.

This move triggered confusion and prompted premature selling from traders expecting a deeper decline.

According to the analyst, XRP quickly recovered after the downside move, signaling that the breakdown lacked technical confirmation.

CW added that the convergence pattern is nearing completion. He expects the XRP price to rally once the token breaks decisively above the trend convergence.

Another crypto analyst, BATMAN said XRP price is showing renewed strength after reclaiming a key support level. The analyst cited breaking out of a bullish pennant formation, a pattern typically viewed as a continuation signal.

BATMAN noted that the structure supports an aggressive bullish stance. He said that the breakout suggests a “textbook” entry point for traders seeking upward momentum.

XRP ETF Inflows Can Add Further Fuel

The launch of spot XRP ETFs in the U.S. market this month has met with a good response.

Players like Grayscale, Bitwise, and Franklin Templeton have already recorded strong inflows for their respective ETFs, since launch. Joining the bandwagon, 21Shares will also bring its XRP ETFs into the US market on December 1.

This shows that the institutional demand for the Ripple cryptocurrency remains strong.

XRP community experts like Chad Steigraber believe that ETF funds will do relentless buying during the first year, leading to a supply crunch.

XRP reserves on Binance have fallen rapidly as long-term and institutional buyers continue to accumulate the token.

Analysts note that extended consolidation phases in XRP, followed by breakouts above key moving averages, have historically preceded strong price moves.

Latest on-chain data shows Binance’s XRP holdings near 2.7 billion tokens, marking a significant drop from early-October levels, as per data from CryptoQuant.

XRP exchange reserves. | CryptoQuant

XRP exchange reserves. | CryptoQuant

next

The post XRP Price Convergence to End Soon, Will Ripple ETF Inflows Trigger Breakout? appeared first on Coinspeaker.

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.4206
$1.4206$1.4206
-0.77%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Stabull’s Expansive Role in the DeFi Ecosystem

Stabull’s Expansive Role in the DeFi Ecosystem

The post Stabull’s Expansive Role in the DeFi Ecosystem appeared on BitcoinEthereumNews.com. A detailed examination of the Stabull protocol reveals its reach extends
Share
BitcoinEthereumNews2026/03/24 07:28
Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says

Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says

The post Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says appeared on BitcoinEthereumNews.com. Crypto industry insiders
Share
BitcoinEthereumNews2026/03/24 06:58