XRP Price Alert: Record Exchange Withdrawals Fuel $3 November Rally Prediction

XRP withdrawals hit unprecedented levels as investors pull tokens off exchanges at a record pace. The massive exodus signals growing confidence in the digital asset's near-term prospects.

November Price Catalyst

Exchange balances are draining faster than a crypto bro's bank account during a bull run. With supply drying up on trading platforms, the stage gets set for potential price explosions. Market analysts point to historical patterns where similar withdrawal spikes preceded major rallies.

The $3 Question

Can this withdrawal frenzy actually propel XRP to the elusive $3 mark? The math works if demand outpaces available supply—and right now, exchanges are bleeding tokens. Though skeptics warn that traditional finance rules don't always apply in crypto land, where logic often takes a backseat to hype.

Market Mechanics at Play

Fewer tokens on exchanges means less selling pressure and potentially higher prices during buying sprees. It's basic economics—until someone mentions the SEC case, then all bets are off. The withdrawal trend suggests investors are positioning for something big, whether that's regulatory clarity or just another round of speculative mania.

Wall Street veterans would call this irrational exuberance—but in crypto, we call it Tuesday. The real question isn't whether XRP can hit $3, but whether anyone will actually sell when it does.

Trading volume has increased by 21.25% to $4.47 billion. This rise in volume shows active participation from traders and investors in the market.

Over the past week, XRP has gained 6.89%. The price recovery comes as the token bounces from its long-term ascending trendline support, which has served as an accumulation zone for traders.

Evernorth made a $1 billion XRP treasury purchase. The company has accumulated over 388.71 million XRP tokens worth approximately $1.02 billion as of Monday.

This purchase coincided with record exchange outflows. On October 19 and 20, XRP’s exchange net position change fell by 2.78 million tokens, marking the deepest negative levels on record according to Glassnode data.

XRP Technical Analysis Points to Potential Price Targets

The current price action mirrors patterns seen earlier in 2025. In April and June, XRP bounced from the same trendline support level.

The April rebound pushed prices toward the $3.20 to $3.40 range. The June recovery saw XRP reach $3.30 and eventually establish a multiyear high around $3.66.

Technical indicators suggest a similar pattern may repeat in November. The relative strength index remains neutral, pointing to a potential MOVE toward $2.77 first.

A close above $2.77 could trigger momentum toward the $2.75 to $3.00 zone. This WOULD represent a 12% to 18% rally from current levels.

Key Resistance Levels and Market Dynamics

The immediate resistance sits at $2.64. Breaking this level would signal continued bullish momentum according to market analysts.

📊 $XRP / USDT 3D Outlook$XRP appears to be trading within a broad rising channel, where price has bounced multiple times off the lower trendline. ⚡

If bullish momentum continues, $XRP could be targeting the upper channel zone around $3.7 – $3.8 in the coming weeks. 🚀 pic.twitter.com/mN3UAleQ7k

— CryptoPulse (@CryptoPulse_CRU) October 27, 2025

The next resistance level stands at $2.88. A move above both levels would mark the start of a third wave in the current bull run.

The largest near-term liquidity cluster is positioned around $2.68. Roughly $15.91 million in Leveraged positions are at risk at this price point.

This zone represents about $39.1 million in potential short liquidations. A squeeze at this level could push the token higher toward the $2.75 to $3.00 target range.

Trading data from CoinGlass shows volume has grown 4.47% to $7.92 billion. Open interest has fallen slightly by 1.23% to $4.44 billion.

The OI-weighted funding rate stands at 0.0060%. This indicates balanced market conditions with no dominance from either buyers or sellers.

Analysts note XRP is trading within an uptrending channel. The price has reached the lower trendline of this channel while maintaining positive direction.

Some projections suggest the token could reach $3.70 to $3.80 within the coming weeks if the uptrend continues. These targets depend on XRP maintaining its support levels and breaking through key resistance zones.

The record exchange outflows typically indicate accumulation by large holders. These tokens are being moved to cold storage, which reduces immediate selling pressure on the market.