Nov 7, 2025
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XRP Price Drops 23% Amid Market Crash and Bearish Signals
The XRP price has dropped by 23% over the past month, attributed to increased selling pressure since the market crash on October 10. Analysts predict further corrections.
Key Market Insights
- XRP's recent rally due to a partnership with Mastercard was short-lived. The price surged to $2.41 but fell back below crucial Fibonacci levels.
- Market expert Casi Trades suggests XRP could decline further to test the Wave 3 low at $2.05, supported by RSI indicators showing a bearish trend.
Potential for Significant Gains
- Despite current bearish trends, some analysts forecast substantial future increases for XRP, projecting a potential rise to new highs around $10.
- Egrag Crypto predicts that if this is Macro Wave 2, Wave 3 might propel XRP to between $14 and $25, with discussions of reaching even higher levels like $50.
- XRP currently trades at $2.22, marking a 318% gain year-to-date.
