The post XRP Price Breakout Chances Rise — If It Clears This Key Level appeared on BitcoinEthereumNews.com. XRP price is up a little over 4% in the past 24 hours, but this bounce is not enough to call a trend change. XRP has posted several sharp moves of 15% to 20% in recent weeks, yet each one faded before turning into a real rally. The charts show why these bounces keep failing, and the one level that decides whether this attempt can finally break through. Sponsored Sponsored Repeated Bounce Pattern Forms, but Selling Still Limits Momentum For weeks, XRP has reacted each time the market’s buying and selling pressure — measured through the On-Balance Volume (OBV) indicator — has pushed against the same downward trendline. OBV tracks whether volume is flowing in or out of the asset, and its trend often leads price. Since 14 October, OBV has formed a line of lower highs. Every time OBV moves close to that line, XRP gets a bounce. One move lifted XRP 14.73% between 22 and 26 October. Another pushed the price more than 20% on 6 November. A similar approach toward this trendline is happening now. That surge in volume could be due to the ETF buzz. XRP Price Responds To Volume: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. But this pattern also explains why each rally faded. Without OBV closing above the trendline, momentum stays weak. XRP needs that breakout first before any bounce can turn into a sustained move. At the same time, fresh selling pressure limits the upside. Exchange data shows outflows — which help price — were strong until 7 November at roughly -1.39 billion XRP. As of 12 November, outflows have shrunk to about -690 million XRP, nearly a 50% drop. Sponsored Sponsored Net Outflows Weaken: Glassnode This means more tokens are remaining on exchanges,… The post XRP Price Breakout Chances Rise — If It Clears This Key Level appeared on BitcoinEthereumNews.com. XRP price is up a little over 4% in the past 24 hours, but this bounce is not enough to call a trend change. XRP has posted several sharp moves of 15% to 20% in recent weeks, yet each one faded before turning into a real rally. The charts show why these bounces keep failing, and the one level that decides whether this attempt can finally break through. Sponsored Sponsored Repeated Bounce Pattern Forms, but Selling Still Limits Momentum For weeks, XRP has reacted each time the market’s buying and selling pressure — measured through the On-Balance Volume (OBV) indicator — has pushed against the same downward trendline. OBV tracks whether volume is flowing in or out of the asset, and its trend often leads price. Since 14 October, OBV has formed a line of lower highs. Every time OBV moves close to that line, XRP gets a bounce. One move lifted XRP 14.73% between 22 and 26 October. Another pushed the price more than 20% on 6 November. A similar approach toward this trendline is happening now. That surge in volume could be due to the ETF buzz. XRP Price Responds To Volume: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. But this pattern also explains why each rally faded. Without OBV closing above the trendline, momentum stays weak. XRP needs that breakout first before any bounce can turn into a sustained move. At the same time, fresh selling pressure limits the upside. Exchange data shows outflows — which help price — were strong until 7 November at roughly -1.39 billion XRP. As of 12 November, outflows have shrunk to about -690 million XRP, nearly a 50% drop. Sponsored Sponsored Net Outflows Weaken: Glassnode This means more tokens are remaining on exchanges,…