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XRP Market Analysis: Range-Bound Trading Amid ETF Approval and Remittix Developments

XRP Market Analysis: Range-Bound Trading Amid ETF Approval and Remittix Developments

Author:
XRP News
Published:
2025-11-29 19:54:27
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As of November 30, 2025, XRP continues to demonstrate resilience while trading within a tight price range, with the $2.20 resistance level remaining a significant psychological barrier for traders. Despite a brief rebound earlier in the week, the cryptocurrency has struggled to break through this key resistance point, indicating that market participants are awaiting stronger confirmation signals before committing to a sustained upward movement. The current trading pattern suggests a period of consolidation, where both buyers and sellers are carefully assessing market conditions and fundamental developments. The recent approval of the 21Shares XRP Spot ETF (ticker: TOXR) has emerged as a major catalyst for institutional interest in XRP markets. This landmark regulatory approval represents a significant milestone for the digital asset, potentially opening doors for broader institutional participation and enhanced market liquidity. The ETF's scheduled debut on the Cboe BZX Exchange marks a crucial step toward mainstream financial integration, providing traditional investors with regulated exposure to XRP through familiar investment vehicles. Simultaneously, Remittix has been gaining substantial market attention ahead of its upcoming Centralized Exchange (CEX) announcement. This development has created additional buzz in the cryptocurrency space, with traders and investors closely monitoring how this could impact XRP's ecosystem and utility. The combination of ETF approval and emerging projects like Remittix creates a complex but promising landscape for XRP, where institutional validation meets practical application development. Market analysts are closely watching trading volumes and price action around the $2.20 level, as a successful breakout could signal the beginning of a new bullish phase. However, the current range-bound trading suggests that market participants are exercising caution, possibly waiting for additional fundamental developments or broader market cues. The institutional interest generated by the ETF approval, combined with growing project developments, positions XRP at an interesting crossroads between traditional finance integration and blockchain utility expansion.

XRP Price Holds Range as Traders Await Breakout; Remittix Gains Attention Ahead of CEX Announcement

XRP continues to trade within a tight range, with resistance NEAR $2.20 proving formidable despite a brief rebound earlier in the week. The market appears to be waiting for stronger confirmation before committing to an upward move.

Meanwhile, the approval of the 21Shares XRP Spot ETF (ticker: TOXR) has injected institutional interest into XRP markets. Set to debut on the Cboe BZX Exchange on December 1, 2025 with a 0.50% management fee, this ETF joins a growing field of XRP-focused investment products from major players like Bitwise and Grayscale.

Attention is shifting toward payment-focused projects showing tangible progress. Remittix stands out, with investors anticipating a major centralized exchange listing announcement and a significant December update that could propel the token forward.

Technical analysts note XRP has been forming a Wyckoff re-accumulation pattern over the past year, recently testing the $2 support level. The market appears to be consolidating before its next major move.

XRP Metrics Still Support Rally Towards $2.80

XRP is gaining bullish momentum as technical, on-chain, and ETF indicators converge to suggest a potential surge to $2.80. The cryptocurrency has rebounded 21% from its November 21 low, with a bull pennant formation hinting at further upside if it clears the $2.22 resistance level.

Momentum indicators reinforce the optimism. The Relative Strength Index has climbed above 50, signaling growing buying pressure, while the Moving Average Convergence Divergence histogram flips positive on daily charts. These technical developments coincide with supportive on-chain data showing declining XRP reserves on Binance—a classic sign of accumulation.

The bullish case finds additional validation in sustained ETF inflows and positive CVD metrics. Market participants appear to be positioning for what could become XRP's most significant rally since the 2021 bull market, with $2.80 representing a plausible near-term target.

Ripple’s RLUSD Stablecoin Surges Past $1.26B as Adoption Accelerates

Ripple USD (RLUSD) has eclipsed the $1.26 billion supply mark on Ethereum, cementing its position among the top tier of stablecoins. The asset, less than a year old, demonstrates remarkable traction with daily trading volumes exceeding $43 million across major platforms.

Abu Dhabi's regulatory approval for RLUSD as lending collateral marks a strategic expansion into real-world financial applications. The stablecoin's measured minting strategy and widening wallet support underscore its growing utility in global crypto markets.

This rapid ascent signals intensifying competition in the stablecoin sector, with RLUSD's Ethereum-based supply growth outpacing many established peers. Market analysts note the token's consistent adoption curve reflects deepening trust in Ripple's dollar-pegged offering.

XRP Price Prediction: ETF Inflows Near $1 Billion—Can XRP Rebound from Key Demand Zone?

XRP ETF inflows are approaching $1 billion, with five active spot ETFs collectively managing approximately $801.7 million in assets. These funds hold about 339 million XRP, representing 0.34% of the circulating supply. Despite substantial inflows, XRP's price remains compressed beneath a significant technical resistance level, reflecting measured accumulation rather than rapid upward movement.

Franklin Templeton’s XRP ETF launch underscores XRP’s utility in cross-border payments via Ripple and signals growing institutional confidence. Major ETF holders include Canary Capital with ~155.8 million XRP and Bitwise with ~80.5 million XRP. Daily trading volume stands near $42.7 million, indicating healthy liquidity.

Analysts caution that while institutional interest is evident, significant retail participation may be needed to drive rapid price moves. The token’s price action suggests a gradual buildup, aligning with historical ETF behavior and multi-cycle price structures.

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