NewsBTC
Nov 7, 2025
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XRP Price Struggles Below $2.30 Amid Consolidation and Decline

XRP Price Analysis:

  • XRP struggled to maintain prices above $2.350, experiencing a decline.
  • The price failed to surpass $2.420 and fell below $2.30, now trading under the 100-hourly Simple Moving Average.
  • A key support at $2.360 was broken on the hourly chart of the XRP/USD pair.
  • Current consolidation may lead to further downward movement if it dips below $2.150.

Key Observations

  • XRP attempted a recovery above $2.25 and $2.30 but failed to break through $2.42.
  • Support is observed near $2.20 and the 61.8% Fib retracement level from $2.066 to $2.414.
  • Resistance levels are identified at $2.30 and $2.350, with potential upward movement towards $2.420 if surpassed.
  • An upward move past $2.420 might push the price toward $2.50 and beyond.

XRP Price

Potential Decline

  • If XRP fails to rise above $2.30, a decline could ensue.
  • Initial support is at $2.20, with significant support near $2.150.
  • Breaking below $2.150 might drive the price down to $2.050 or even $1.840.

Technical Indicators

  • Hourly MACD: Gaining pace in the bearish zone for XRP/USD.
  • Hourly RSI: Below the 50 level, indicating potential bearish momentum.
  • Support Levels: $2.20 and $2.150.
  • Resistance Levels: $2.30 and $2.420.