After a week that could have been a horror movie, XRP’s price took a nosedive from $2.30 to a multi-week low of just over $1.80. But lo! The asset has now bounced above $2.00, as if waking from a nightmare with a yawn and a sigh of relief. 🧙♂️
Analysts, those modern-day prophets, have outlined the next moves and the most important support and resistance lines. One can only hope they’re not prophesying their own demise. 🕯️
If Ripple’s token continues its ascent, the next major sell wall is situated at $2.6, according to CW. To reach those levels, though, XRP needs to decisively overcome the current sell wall between $2.00 and $2.10, which is now being tested. A true test of courage, one might say. 🏔️
CRYPTOWZRD, ever the optimist, suggests that the asset needs to close above the current range to change the negative sentiment. However, they warned that if XRP fails to reclaim the $2.08 level, it could head further south-like a hot air balloon with a leak. 🪫
If it does, then the first line of defense could be at around $1.75-just inches below the recent bottom. According to Ali Martinez, 1.8 billion tokens were accumulated at approximately that level, making it a “key support area.” A fortress of support, perhaps? 🏰
1.80 billion $XRP were previously acquired around $1.75, making it a key support area.
– Ali (@ali_charts) November 22, 2025
Crypto Tony was also on the bearish side, suggesting that Ripple’s cross-border token could be heading for another correction. In fact, his chart outlined the worst-case scenario, which includes a price breakdown below the support marked by Martinez and a drop all the way down to $1.50. A descent into the depths, where only the brave (or foolish) dare to tread. 🪦
Only after bottoming out at those levels can XRP start to recover toward $2.00, Crypto Tony’s chart shows. A tale of two cryptocurrencies: one day’s gain and weeks of despair. 📉
$XRP / $USD – Update
I am sorry I do think we head a lot lower on XRP
– Crypto Tony (@CryptoTony__) November 22, 2025
For now, though, Ripple’s token remains well in the green on a daily scale following a 6.4% increase to $2.04. The weekly and monthly charts are more painful, showing losses of 10.2% and 16.5%, respectively. Moreover, XRP is down by more than 45% since its all-time high registered in July 2025. A rollercoaster, but one with a broken safety harness. 🎢
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2025-11-23 12:19