XRP: Analysts Predict Biggest Rally Yet as On-Chain Signals Clash with Bullish Charts

New Glassnode data suggests XRP holders are locking in profits into price weakness rather than strength, a rare divergence. Since late September, XRP’s price has dropped from $3.09 to $2.30, yet realized profit volume surged by roughly 240%, climbing from $65 million to $220 million per day.

This pattern indicates large holders may be distributing rather than accumulating, breaking from the behavior seen in previous rally phases. Analysts warn that such distribution trends can temporarily suppress upside momentum before a new base forms.

Technical Setups Show Early Signs of Reversal

Despite bearish on-chain signals, trader Ali pointed to a TD Sequential buy signal emerging on the daily chart, suggesting that XRP could be approaching a local bottom. Historically, this indicator has preceded short-term recoveries when confirmed by higher volume and bullish closes.

TD Sequential is flashing a buy signal for $XRP. Confirmation could be moments away! pic.twitter.com/Tgw61y5WlN

— Ali (@ali_charts) November 8, 2025

If confirmation follows, traders could see an early rally attempt above $2.40–$2.50, reclaiming critical short-term resistance.

SUI Flashes Oversold Signal: Double-Bottom Hints at Surprise Upswing

Wave Theory Analysts Expect an Explosive Fifth Leg

Meanwhile, EGRAG Crypto argues that XRP is gearing up for what he calls the “most explosive 5th Wave yet.” Based on Elliott Wave theory, this phase could mirror or exceed the project’s 2024 advance, potentially catching short-sellers off guard.

He notes that prior 5th waves have triggered sharp reversals and mass liquidations, warning traders not to underestimate the magnitude of the next impulse.

Outlook: Tension Between On-Chain and Chart Signals

While on-chain data shows caution and profit-taking, technical traders remain optimistic about a breakout structure forming beneath $2.50. With sentiment divided, XRP’s next move may depend on whether institutional inflows return to absorb recent selling pressure, or whether the profit-taking trend deepens into December.

The post XRP: Analysts Predict Biggest Rally Yet as On-Chain Signals Clash with Bullish Charts appeared first on ETHNews.

2.4K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.