XRP Surpasses $2.50; Analysts Forecast Near-Term Altcoin Recovery

Friday, 31/10/2025 | 16:24 GMT by Tareq Sikder
  • The weekly chart shows a bullish engulfing candle, indicating a potential reversal.
  • The price of XRP gains about 7% ahead of Swell, while broader market remains cautious.
Ripple XRP

XRP showed signs of stability after four consecutive bearish days, finding support and moving upward on minor charts with modest momentum.

Analysts predict that November and December could bring a rebound across altcoins, supported by declining Bitcoin dominance and strengthening technical signals.

XRP Weekly Chart Shows Possible Reversal Signals

An analysis from the YouTube channel CoinsKid offered a data-driven view of Bitcoin, Ethereum, and XRP market trends. The analyst observed that recent liquidity and sentiment data pointed to short-term accumulation during a market dip.

Digital assets meet tradfi in London at the fmls25

Indicators such as Bitcoin’s level below key thresholds and tether dominance patterns suggested potential short-term upward movement.

The analysis also highlighted a seasonal trend, noting that November and December could mark a broader recovery phase for altcoins, especially those outside the top 10. Technical observations, including a possible bullish divergence in “others dominance” charts and a decline in Bitcoin dominance, were cited as potential precursors to renewed altcoin activity.

Regarding XRP, the analyst identified a “bullish engulfing” candle on the weekly chart, which may signal a reversal if confirmed in the coming weeks. Two scenarios were outlined: one where XRP maintains support and gradually strengthens, and another where it loses support and extends its correction through December before a possible recovery in 2026.

XRPUSD, H1 Chart, Source: TradingView
XRPUSD, H1 Chart, Source: TradingView

Price Breaks $2.50, Gains Momentum

The H1 chart shows that XRP, after an extended bearish phase, formed a bullish engulfing candle at $2.378. Since then, buying pressure on the minor timeframes has pushed the price upward. Along the way, XRP made a notable breakout at $2.50. If this level holds as support, it could provide a foundation for further upward movement.

XRP Rises Ahead of Swell Conference

Ripple ’s annual Swell conference is scheduled for November 4–5, 2025, in New York City. The program will cover topics such as tokenized assets, cross-border payments, regulatory developments, and institutional finance.

The event will feature speakers from major financial institutions and representatives from the U.S. government’s digital-assets office, reflecting the ongoing intersection of blockchain technology with regulated finance and traditional markets.

Ahead of the conference, XRP’s price has rebounded by about 7% since yesterday, rising from $2.37 to $2.54. The broader market remains cautious, suggesting that while short-term momentum has returned, the event’s potential impact is only beginning to be reflected in market pricing.

XRP showed signs of stability after four consecutive bearish days, finding support and moving upward on minor charts with modest momentum.

Analysts predict that November and December could bring a rebound across altcoins, supported by declining Bitcoin dominance and strengthening technical signals.

XRP Weekly Chart Shows Possible Reversal Signals

An analysis from the YouTube channel CoinsKid offered a data-driven view of Bitcoin, Ethereum, and XRP market trends. The analyst observed that recent liquidity and sentiment data pointed to short-term accumulation during a market dip.

Digital assets meet tradfi in London at the fmls25

Indicators such as Bitcoin’s level below key thresholds and tether dominance patterns suggested potential short-term upward movement.

The analysis also highlighted a seasonal trend, noting that November and December could mark a broader recovery phase for altcoins, especially those outside the top 10. Technical observations, including a possible bullish divergence in “others dominance” charts and a decline in Bitcoin dominance, were cited as potential precursors to renewed altcoin activity.

Regarding XRP, the analyst identified a “bullish engulfing” candle on the weekly chart, which may signal a reversal if confirmed in the coming weeks. Two scenarios were outlined: one where XRP maintains support and gradually strengthens, and another where it loses support and extends its correction through December before a possible recovery in 2026.

XRPUSD, H1 Chart, Source: TradingView
XRPUSD, H1 Chart, Source: TradingView

Price Breaks $2.50, Gains Momentum

The H1 chart shows that XRP, after an extended bearish phase, formed a bullish engulfing candle at $2.378. Since then, buying pressure on the minor timeframes has pushed the price upward. Along the way, XRP made a notable breakout at $2.50. If this level holds as support, it could provide a foundation for further upward movement.

XRP Rises Ahead of Swell Conference

Ripple ’s annual Swell conference is scheduled for November 4–5, 2025, in New York City. The program will cover topics such as tokenized assets, cross-border payments, regulatory developments, and institutional finance.

The event will feature speakers from major financial institutions and representatives from the U.S. government’s digital-assets office, reflecting the ongoing intersection of blockchain technology with regulated finance and traditional markets.

Ahead of the conference, XRP’s price has rebounded by about 7% since yesterday, rising from $2.37 to $2.54. The broader market remains cautious, suggesting that while short-term momentum has returned, the event’s potential impact is only beginning to be reflected in market pricing.

About the Author: Tareq Sikder
Tareq Sikder
  • 2005 Articles
  • 34 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 2005 Articles
  • 34 Followers

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