XRP Flashes ‘Classic Accumulation Sign’ — Major Breakout Soon?

The launch of Grayscale's spot Dogecoin ETF on November 24, 2025, was met with disappointing trading volumes, reaching approximately $1.4 million on its first day, significantly lower than analysts' expectations. This muted response reflects a lack of enthusiasm in the market despite the anticipation surrounding the first-ever Dogecoin ETF.

XRP's price is currently at a critical juncture, trading around $2.20, just above a significant Fibonacci support level. Analyst Egrag Crypto has outlined three potential outcomes for XRP's future, emphasizing the importance of closing above $2.60 to maintain bullish momentum. The monthly candle is nearing closure, adding urgency to the analysis.

The Bitcoin market has stabilized around $90,000 following a recovery from a significant drop to $80,000, suggesting a potential local bottom formation. Recent data from Bitcoin miners indicates they are underpaid, historically a strong signal for market reversals. Analysts are observing this behavior closely as it aligns with the recent price movements and miner activity.

Bitcoin's price has recently surpassed the $90,000 mark, marking a significant recovery after a notable downturn that saw it drop to an 8-month low of $80,000. This resurgence has sparked renewed optimism among investors, despite ongoing concerns about market volatility and potential resistance at current levels.

Bitcoin, Ethereum, and XRP are experiencing a price recovery, with the United States identified as a significant source of market support. Recent trading data indicates that buying and selling pressures are unevenly distributed, reflecting a shift in trader behavior amidst fluctuating prices.

XRP is experiencing a mixed performance as it approaches the end of November 2025, with its price fluctuating around $2.18 while traders monitor the $2.16–$2.25 corridor for potential movements. This comes amid a backdrop of volatility in the cryptocurrency market, where XRP's price has seen significant fluctuations recently.

Recent discussions around XRP have intensified as the cryptocurrency maintains a trading price around $2.20, coinciding with the launch of new Spot XRP ETFs that are attracting significant institutional interest. An XRP enthusiast, Pumpius, has provided insights into the market's current calmness despite rising demand, suggesting that the price does not yet reflect the underlying dynamics of ETF mechanics.

CoinShares has decided to withdraw its applications for multiple cryptocurrency exchange-traded funds (ETFs) with the United States Securities and Exchange Commission (SEC), including those for Solana and XRP. This strategic shift reflects the firm's reassessment of the saturated US crypto ETF market amid ongoing regulatory challenges.