Analysing XRP’s Potential November Trajectory
Fractal Patterns and Fibonacci Levels
XRP’s recent price action bears a striking resemblance to patterns observed earlier in 2025. Specifically, the rebounds from the ascending trendline support in April and June served as accumulation zones, triggering subsequent rallies. The April surge propelled XRP toward the $3.20–$3.40 range, aligning with the 0.5 to 0.618 Fibonacci retracement levels. The June rebound was even more pronounced, pushing past the swing high near $3.30 and establishing a multiyear high around $3.66.
If this fractal repeats in November, traders should watch for an initial move toward $2.77, coinciding with the 0.382 Fibonacci retracement and the 20-day exponential moving average. A successful breach of $2.77 could unleash a wave of bullish momentum, targeting the $2.75–$3.00 range, representing a potential 12% to 18% surge. These levels should be viewed as crucial resistance points, where profit-taking or further consolidation could occur.
Exchange Outflows and Whale Accumulation
On-chain data paints a compelling picture of accumulation. Mid-October saw an unprecedented 2.78 million XRP vanish from exchanges – the largest net outflow on record, according to Glassnode. This exodus coincided with Evernorth’s announcement of its $1 billion XRP treasury acquisition. CryptoQuant data confirms that Evernorth has since amassed over 388.71 million XRP, valued at approximately $1.02 billion.
These substantial outflows suggest strong accumulation by large players moving assets to cold storage, drastically reducing immediate sell-side pressure. This activity is a strong bullish signal, potentially reinforcing the likelihood of XRP extending its rebound toward the $2.70–$3.00 Fibonacci range. The behaviour of these whale wallets will be critical in gauging the sustainability of any potential rally in the coming weeks.
Liquidation Levels and Short Squeezes
Short positions are also playing a role. According to Coinglass, the largest near-term liquidity cluster for XRP sits around $2.68, with approximately $15.91 million in leveraged positions at risk. This translates to roughly $39.1 million in potential short liquidations, making it a critical magnet level for price action. A sustained push above this level could trigger cascading short squeezes, propelling the token higher toward the technical targets between $2.75 and $3.00. Monitor the order books and funding rates closely to anticipate potential short squeezes.
Key Takeaways for November 2025
- Fractal Analysis: XRP’s historical price action suggests a potential rally mirroring patterns observed earlier in 2025.
- On-Chain Data: Record exchange outflows and whale accumulation signal strong bullish sentiment and reduced sell-side pressure.
- Liquidation Levels: A cluster of short positions around $2.68 presents a potential catalyst for a short squeeze, driving the price higher.
The Bigger Picture
While technical indicators and on-chain data provide valuable insights, it’s crucial to consider the broader macroeconomic environment and regulatory landscape. Developments in Ripple’s ongoing legal battles, changes in global monetary policy, and the evolving regulatory framework surrounding cryptocurrencies will all play a significant role in shaping XRP’s future performance. However, at the time of writing, the confluence of technical and fundamental factors suggests that XRP may be poised for a significant move in the coming weeks.
