Wednesday, December 3, 2025

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

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.

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.

This article was written by Tareq Sikder at www.financemagnates.com.

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