What to Know:
- A prominent XRP trader recently closed their position after only a day, citing a lack of expected market strength.
- The trader, known for accurately predicting XRP’s past surges, emphasizes the importance of confirmation signals in their strategy.
- XRP’s price remains range-bound, mirroring Bitcoin’s volatility without significant upward momentum.
XRP is currently navigating a period of uncertainty, as highlighted by a well-known trader’s brief foray into the market. The trader, DonAlt, closed their position after just one day, citing a lack of immediate bullish momentum. This move underscores the importance of clear signals in the current crypto environment, especially for assets like XRP.
DonAlt, who gained recognition for predicting XRP’s impressive 700% surge in 2025, bases trading decisions on strong confirmation signals. The trader initiated the recent position to test a continuation pattern, but rapidly exited when the anticipated progress failed to materialize. This disciplined approach reflects a broader trend among seasoned crypto investors, who prioritize tangible evidence over speculative bets.
Closed my positions from yesterday around breakeven
Expected more strength and I dont like to go from shorting to buying in one go anyway I’ll just wait until something super obvious comes up, even if it’s higher that would be fine by me
Just gonna enjoy chilling for a bit
— DonAlt (@CryptoDonAlt) November 19, 2025
Bitcoin’s recent fluctuations have further complicated the landscape for altcoins like XRP. While Bitcoin briefly dipped below $90,000 before rebounding, XRP has largely mirrored these movements without establishing independent upward momentum. This correlation suggests that XRP remains heavily influenced by broader market sentiment and Bitcoin’s performance.
Currently, XRP is trading around $2.13, below a previous compression zone between $2.20 and $2.35. The inability to break through this resistance level reinforces the trader’s decision to exit the position. The chart patterns indicate repeated rejections at the $2.20 mark, with higher price targets remaining out of reach, further solidifying the lack of immediate bullish catalysts.
Despite the recent setback, the trader intends to monitor XRP for future opportunities, noting that the asset’s structure remains intact despite Bitcoin’s volatility. A potential bullish scenario would involve a daily close above $2.45, potentially paving the way for a rally toward $2.80 and a subsequent test of the $3.10 region. For now, the trader is taking a step back, awaiting more definitive signals before re-entering the market.
In conclusion, the short-lived XRP trade serves as a reminder of the importance of confirmation and disciplined risk management in the crypto market. As XRP navigates the current landscape, traders and investors will be closely watching for concrete signs of sustained upward momentum.
Source: Original article
