XRP is heading into the final stretch of 2025 with a cocktail of modest gains, 
long-term strength, and enough mixed signals to keep traders awake at night. 
The token’s short-term performance suggests a market that hasn’t completely 
made up its mind, while the broader trends hint at something sturdier 
underneath. And with RLUSD’s sudden burst […]

XRP’s November Run Sends Mixed Signals as RLUSD Expansion Draws Attention

The Bitcoin market experienced a moderate price rebound over the past week, 
following a prolonged period of price correction that began in early October. 
The flagship cryptocurrency is now trading above $90,000, with hopes building 
for a potential push back toward its all-time high of $126,100. Notably, 
popular market analyst KillaXBT has flagged a key price zone that could serve 
as the next target in this relieving market recovery. Related Reading: Bitcoin 
Must Break Key Supply Clusters To Regain ATH Momentum – Watch These Levels 
Bitcoin Headed To $95k-$96k, But Price Pullback May Occur First &#8211; Analyst In 
an X post on November 28, KillaXBT shares some compelling insights on 
Bitcoin’s price condition, highlighting both bullish and bearish tendencies. 
Following the asset’s gain of 7.22% in the past week, the analyst predicts 
that market bulls are likely to drive prices to around $95,000-$96,000, which 
contains strong, heavy illiquidity pockets and several liquidation clusters. 
For context, these zones are attractive to price because they contain large 
concentrations of resting orders, making them high-value liquidity targets. 
Liquidation clusters, in particular, hold groups of leveraged positions that 
trigger forced buying or selling once the price reaches them, injecting fresh 
liquidity into the market. However, KillaXBT cautions that this upside move 
may not occur immediately, noting that the market often delays sweeping major 
liquidity zones ahead of key macro events. With the upcoming Federal Open 
Market Committee (FOMC) meeting expected to deliver clarity on potential rate 
cuts, traders may see continued liquidity building below the yearly open in 
the near term. According to the analyst, these upper liquidation levels are 
still likely to be cleared, but the timing could align more closely with next 
month’s policy announcement rather than the current market cycle. The analyst 
outlines a potential scenario in which Bitcoin experiences a minor pullback to 
around $93,000 before retesting $89,200. From there, the asset could move 
toward the $95,000–$96,000 target, in line with expectations for a potential 
FOMC rate adjustment. However, KillaXBT also highlights the possibility that 
Bitcoin may reach these key liquidation zones before the FOMC meeting. In such 
a scenario, the market could see a rapid surge to $96,000, followed by a sharp 
drop to around $89,200 due to potential liquidations, before eventually 
returning to these upper liquidity zones. Following this analysis, KillaXBT is 
opting for a short position, which he intends to reassess in relation to 
market trends as the FOMC approaches. Interestingly, the analyst believes the 
real short-term opportunity only comes after the FOMC’s announcement. Related 
Reading: Bitcoin STH Loss Transfers Fall 80% From Peak – What Comes Next? 
Bitcoin Price Overview At the time of writing, Bitcoin trades at $90,490, 
reflecting a slight 0.64% decline in the past day. Featured image from 
PixelSquid, chart from Tradingview

Analyst Sets Bitcoin Next Target At $95k-$96k – Here’s Why

Bitcoin miners caught a break on Thursday as difficulty dropped, but the 
relief may be short-lived if it rises in December, as forecast.

BTC mining difficulty forecast to rise in Dec, as hashprice sits near record lows

The crypto market rebounded in the final week of November, recovering over 
$200 billion to close around $3.18 trillion after a sharp downturn. Bitcoin 
rose 7% to $90,500, briefly topping $93,000, while exchange-traded funds 
(ETFs) fueled inflows that signaled renewed investor appetite. Bitcoin 
Reclaims $90,000 Mark The crypto economy closed the last week of November […]

Crypto Market Ends November Down $600B Despite Late Surge

Conversations around XRP have grown louder in recent weeks as the 
cryptocurrency continues to trade around the $2.2 region while new Spot XRP 
ETFs continue to attract inflows across multiple issuers. One voice in the 
community has attempted to explain why the market is unusually calm despite 
rising institutional demand. An XRP enthusiast known as Pumpius shared a 
detailed thread on X that breaks down the mechanics behind the new ETFs and 
why the real impact may still be ahead. His argument is that the current XRP 
price action does not yet reflect what is going on behind the scenes. Related 
Reading: Bitcoin Maxi Says ATH Back On The Table After 40x Derivatives Surge 
Why ETF Rules Create A Special Market Dynamic Pumpius explained that the 
foundation of the entire setup is in one legal detail with fund managers. ETF 
fund managers are restricted from purchasing XRP directly from Ripple or from 
the escrow accounts that hold large reserves of the token. Every ETF must 
source XRP through open-market purchases, without private deals or wholesale 
arrangements. The absence of direct acquisition forces institutional buyers 
into the same liquidity pool as retail and whales. With the new launch of XRP 
ETFs, and as demand continues to rise, the circulating supply is now the 
battleground, and this mechanical pressure is already visible in recent weeks 
as XRP trading volumes climbed while exchange supply began trending downward. 
According to market trackers, XRP supply on major exchanges has declined 
steadily since the approval of the first Spot XRP ETFs, showing that the 
stress on available liquidity is not theoretical but active. Particularly, 
data from CryptoQuant shows that Binance’s XRP reserves are now at their 
lowest point in months, having dropped to 2.7 billion tokens this week. 
Incoming Supply Squeeze For XRP Another part of the explanation focuses on 
Ripple’s behavior regarding escrow releases. Although one billion XRP is 
unlocked each month, Ripple has repeatedly returned about 700 million to 800 
million of these unlocked tokens back into escrow. Ripple releases only what 
it considers necessary to maintain healthy liquidity in the ecosystem, and the 
company has avoided significant selling pressure since the ETF approvals. 
According to Pumpius, this means the ecosystem is operating in a controlled 
balance where ETF issuers are absorbing a growing share of the circulating 
float, while Ripple keeps escrow output extremely conservative. The result is 
a slow tightening of supply that&#8217;s happening behind the scenes and may not yet 
be visible in price action but can eventually cause what he called a 
structural supply shock. When this happens, XRP will not move slowly, but it 
will break price levels with impact. Related Reading: Crypto Wins Big: 
Thailand Moves To A 0% Tax On Local Exchange Gains Still speaking of what is 
happening behind the scenes, Ripple has been advancing several developments 
that could strengthen XRP’s long-term position. A recent example is Abu 
Dhabi’s financial regulator formally recognizing RLUSD as a fiat-referenced 
token. Featured image from Unsplash, chart from TradingView

Cryptocurrency price in VEF