Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP Targets $3.31 Breakout as Re-Accumulation Phase Nears Completion

XRP Targets $3.31 Breakout as Re-Accumulation Phase Nears Completion

CryptonewslandCryptonewsland2025/11/11 03:48
By:by Yusuf Islam
  • XRP is entering a re-accumulation stage above $1.99, suggesting a strong move toward the $3.31 resistance.
  • ChartNerd’s monthly setup shows major support building momentum, signaling a possible continuation toward higher targets.
  • Analysts view this structure as the start of a larger cycle with XRP primed for a decisive breakout rally.

XRP is showing strong structural growth on its long-term chart as traders identify a re-accumulation phase signaling a potential breakout beyond $3.31. The setup highlights a clear range between major support at $1.99 and overhead resistance, suggesting renewed market activity as accumulation intensifies.  

$XRP is gearing up for a major leg-up. https://t.co/iBfCZPIk6a pic.twitter.com/0aBupcGERQ

— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) November 9, 2025

Market Re-Accumulation Near Key Resistance

According to ChartNerd’s analysis, XRP/USD is entering a critical re-accumulation stage near its long-term resistance level. This structure typically precedes large upward movements when followed by consistent volume expansion. The analyst notes that XRP’s monthly chart has maintained a pattern of higher lows since 2022, forming a solid base above key support.

The price currently oscillates between $1.99 and $2.49, forming consolidation zones associated with accumulation before breakout phases. Historical behavior on XRP’s chart s uggests that such consolidations have preceded extended bull runs across multiple cycles.

With a projected move targeting the $3.31 region, the chart indicates a potential shift from consolidation to expansion. This setup aligns with past structural patterns seen before XRP’s large-scale rallies in 2017 and 2021.

Technical Indicators Point Toward Continuation

The visual chart published by ChartNerd identifies major resistance at $3.31 and a strong base of support near $1.99. Between these levels lies the “re-accumulation” zone—a region where institutional investors often prepare for the next directional move.

If XRP maintains consistent closing levels above $2.49 in the coming sessions, technical projections point toward a significant leg-up in price movement. The analyst’s visual projection shows a potential stair-step pattern forming, suggesting multiple short consolidations before the next breakout.

Volume dynamics appear to confirm strengthening momentum, matching historical patterns of pre-breakout formations. The previous breakout from similar structures yielded multi-fold gains within short periods, drawing attention from long-term holders and swing traders alike.

Could XRP Enter a New Bull Cycle Above $3.31?

The central question surrounding the chart is whether XRP can sustain its position above $3.31 once resistance is broken. A successful close above this range would mark the first confirmed reversal into a major bull phase since 2021.

The major support line—established around $1.99—remains a key pivot for traders watching market structure integrity. Holding this level may determine whether XRP can maintain bullish traction into 2026 and beyond.

As the re-accumulation phase continues, market participants monitor the alignment of momentum indicators and macro sentiment. The projected upward path shows XRP maintaining strength above $3.31, with technical signals suggesting higher timeframe growth potential leading into 2027.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Solana News Update: DevvStream Invests in SOL Despite $11.8M Deficit, Shows Strong Confidence in Sustainable Blockchain Prospects

- DevvStream Corp. (DEVS) disclosed holding 12,185 SOL and 22.229 BTC, staking SOL for 6.29% annualized yield amid a $11.8M fiscal 2025 loss. - The company launched a digital asset treasury via BitGo/FRNT Financial, securing $10M liquidity from a $300M convertible note facility. - Plans include a 2026 tokenization platform for carbon credits and Solana staking, aligning with its de-SPAC/Nasdaq listing strategy. - Despite crypto market outflows, DevvStream's staked SOL attracted inflows, contrasting broader

Bitget-RWA2025/11/11 05:28

ALGO Falls by 2.28% Over 24 Hours as Short- and Long-Term Performance Shows Mixed Results

- ALGO dropped 2.28% in 24 hours to $0.1844, contrasting with 17.29% weekly and 4% monthly gains but a 44.84% annual decline. - Traders monitor ALGO's resilience amid macroeconomic shifts, though long-term bearish trends highlight structural challenges. - Key support at $0.18 could trigger bullish momentum if held, while breakdown risks further declines toward $0.15. - A backtest analyzing 15% single-day spikes aims to assess ALGO's potential for sustained gains or pullbacks post-rallies.

Bitget-RWA2025/11/11 05:16

BCH Gains 1.24% Following Banco de Chile’s Announcement of Bylaw Changes

- Banco de Chile (BCH) announced bylaw amendments on Nov 10, 2025, to strengthen corporate governance and align with regulatory standards. - The announcement coincided with a 10.81% 7-day stock surge, contrasting with a 2.07% monthly decline but supporting a 20.6% annual gain. - Investors viewed governance reforms positively, as such changes often signal improved transparency and accountability in regulated markets.

Bitget-RWA2025/11/11 05:16

XRP News Today: Companies Accelerate XRP ETF Launches by Skipping SEC Hold-Ups

- Franklin Templeton, Bitwise, and Canary Capital are accelerating XRP ETF approvals by removing SEC "delaying amendments" from S-1 filings, enabling automatic effectiveness under Section 8(a). - This strategy follows Ripple's 2025 SEC legal resolution, boosting confidence in regulatory clarity and triggering $550M XRP accumulation and a 1.55% price surge to $2.53. - Over 150 crypto ETFs are pending with the SEC, while DTCC has pre-listed five XRP ETFs, signaling institutional adoption and projected $10B+

Bitget-RWA2025/11/11 05:14
XRP News Today: Companies Accelerate XRP ETF Launches by Skipping SEC Hold-Ups