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XRP Up 7% in a Day, but Indicators Suggest the Rally May Be Short-Lived
On November 24, XRP recorded a notable 7.8% increase, rising from a daily low of $2.05 to a daily high of $2.22. With a market cap of $133 billion, the cryptocurrency climbed to fourth place in the global ranking, just behind Tether (USDT).
The breakout of the lower-high structure signals a shift in sentiment, suggesting that if momentum continues, traders may target the $2.35–$2.45 range.
Daily XRP/USD chart on Bitfinex, November 24, 2025.
On the 4-hour chart, XRP formed a V-shaped recovery, rebounding from $1.83. The price moved through resistance zones without significant obstacles. Trading volumes are rising along with the price, reinforcing the bullish outlook.
After reaching the $2.10–$2.15 area, attention shifted to the upper boundary at $2.30–$2.35.
4-hour XRP/USD chart on Bitfinex, November 24, 2025.
On the hourly chart, XRP broke out of a sideways trend and surged to $2.20, supported by a spike in volume. The prior range-bound movement transitioned into a bullish impulse, creating ideal conditions for short-term scalpers.
This breakout pushed through resistance and opened the door for micro-corrections. Traders focusing on the $2.15–$2.18 range may find it suitable for high-risk entries, provided their stops are set below $2.10.
Hourly XRP/USD chart on Bitfinex, November 24, 2025.
Regarding indicators — the Relative Strength Index (RSI), Stochastic Oscillator, ADX, Awesome Oscillator, and CCI all remain in neutral territory.
Momentum shows a slight upward trend, while the MACD is pointing downward — a classic case of mixed signals.
XRP price change over 24 hours. Source: CoinGecko.
Both the exponential (EMA) and simple (SMA) moving averages on the 10-period timeframe are flashing green, reflecting the sharp price surge. However, across the 20-, 30-, 50-, 100-, and 200-period timeframes, all EMAs and SMAs remain in bearish territory. This divergence between short-term heat and long-term cooling suggests the XRP rally is unlikely to be durable.
See also: "Bitcoin correction reaches 35%: traders expect a bottom around $70–75K"
