XRP forms a bullish pattern near $2.50 as dominance rises and the first US XRP ETF launches on NASDAQ on November 13, 2025.
XRP is gaining attention after signs of a pattern change appear on the charts. The asset’s price is around $2.50 at press time, up 2% in the past 24 hours and 9% in the past week.
As the breakout attempt begins, some market analysts are watching whether this shift will continue into December.
A pattern change indicates a potential breakout
Chart analyzer to publish Chart showing XRP completing a descending triangle, which fell below $2.70 in late October. This breakdown pushed the price into the $2.00-$2.20 area. Since then, XRP has started forming an ascending triangle. This setting He appears Rising lows and resistance are around the same $2.70 level.
At the current price, the Ripple token is trading near the upper band of this new structure. “This path could continue until December, if soThe analyst said, noting the trend will continue if the pattern continues.
Ditto I mentionedXRP formed a cup and handle between January and July 2025, with the handle continuing to be developed. This earlier breakout indicates a potential move towards $5 before the end of the year. Failure to maintain upward support will likely bring the price back to the $2.00-$2.20 range, where buyers were previously found.
Price trends and dominance
Analyst Ali Martinez subscriber A separate 4-hour chart shows XRP trading within a bearish channel. This range features lower highs and lower lows. The low is near $2.00, which Martinez said could serve as support.
“XRP could find support at $2,” the post noted.
If the asset falls below $2.30, further movement towards that area may follow. This level has served as a rebound point in recent weeks.
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Moreover, According to For CRYPTOWZRD, XRP dominance is showing early signs of recovery. The chart shows a breakout above the trend line and the 50-day simple moving average. These were the same indicators seen during the previous rally earlier this year.
The scale is now around 4%. The analyst added that while the hack occurred, “Bulls have work to do“, indicating the need to keep moving. A decline below breakout levels may indicate that the reversal has not fully developed.
Launch of XRP ETF attracts market attention
like I mentioned by CryptoPotatothe first US-based XRP spot ETF (with 100% exposure to the asset) began trading on the Nasdaq Global Market on November 13, 2025. The final approval process has been completed, and it is expected to begin trading with strong market interest.
At the same time, this event may bring new institutional demand, but the top holders have done just that It is said Sold at the gathering. This may create pressures in the short term as new flows compete with existing supply.
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