XRP Price Today: XRP at a Make-or-Break Point—Crash Below $2 or Soar to a New High?
The post XRP Price Today: XRP at a Make-or-Break Point—Crash Below $2 or Soar to a New High? appeared on BitcoinEthereumNews.com.
XRP (XRP) is facing a crucial moment in its 2025 rally. The cryptocurrency, native to the Ripple ecosystem, is trading around $2.26–$2.36 USD, testing key support levels. Market watchers are debating whether XRP will stabilize above $2 or suffer a deeper correction before resuming its upward trend. XRP Price Chart Today: Testing Key Support After rallying from lows near $0.60 earlier this year, XRP has seen significant gains, climbing above $2.30. On-chain data indicate strong accumulation, including over 21,000 new wallets created in the last 48 hours, signaling growing investor interest. However, the cryptocurrency faces resistance around $2.55–$2.70, where overbought conditions could trigger short-term pullbacks. The $1.90–$2 range is a key support level for XRP, drawing price stability and possible upward moves. Source: @ali_charts via X Crypto analyst Ali (@ali_charts) notes, “$1.90–$2 looks like a magnet for XRP. This zone has repeatedly acted as support and could hold during the current pullback.” On the flip side, a breach below $2 could expose XRP to $1.80–$1.90 levels amid broader market weakness. Whale Activity and Market Sentiment Recent on-chain data show whales distributed 500,000 XRP (~$1.1 million) over 48 hours, coinciding with a temporary 13% drop from $2.7. While some community members dismiss this as minor, it reflects heightened short-term volatility. Despite this, the overall circulating supply remains stable, suggesting potential stabilization above $2.10. Could XRP Price Hit a New All-Time High (ATH) Before the End of the Month? Source: @amonbuy via X Amonyx (@amonbuy) highlighted the upside potential, posting, “If XRP maintains momentum, a new all-time high above $3.65 could be achievable by November 30.” Analysts warn, though, that resistance at $2.55 and RSI overbought levels could create a 20–30% pullback risk before any major breakout. Institutional and Regulatory Drivers Institutional interest remains a key catalyst for XRP. Ripple’s recent strategic…