Has XRP Hit Rock Bottom? A Major Rebound Could Be Brewing in November 2025

• XRP Defends Crucial Support Amid Market Turbulence
• Technical Indicators Flash Bullish Signals
• The Make-or-Break Zone for XRP
• What Traders Should Watch Closely
• Frequently Asked Questions

XRP is showing surprising resilience at the $2.17 support level despite recent bearish pressure. crypto analysts are buzzing about a potential trend reversal, with key indicators suggesting we might be at the inflection point of a new bullish cycle. The next 48-72 hours could be decisive for XRP's price action.

XRP Defends Crucial Support Amid Market Turbulence

XRP has been through the wringer lately, weathering weeks of selling pressure that pushed it to test critical support levels. What's fascinating is how it's holding firm at $2.17 - a level that's become the make-or-break point for traders. On Tuesday, we saw some wild action with trading volume spiking 158% above average during the UTC afternoon session, totaling 202.7 million tokens exchanged. That kind of volume typically signals big moves are coming.

The BTCC research team notes that XRP has been consolidating in a tight range between $2.17 and $2.28 since finding support at $1.88 earlier this month. That $1.88 level is particularly interesting because it aligns perfectly with the 161.8% Fibonacci extension - a level that often marks cycle bottoms in technical analysis. Late in Tuesday's session, we saw some aggressive buying with 387,000 tokens traded at 02:12 UTC followed by 427,000 at 02:15 UTC. These volume spikes while defending $2.17 suggest accumulation might be happening.

Technical Indicators Flash Bullish Signals

Here's where it gets juicy for chart watchers. The Elliott Wave pattern suggests XRP may have completed its Wave 4 correction at $1.88, potentially setting up for a Wave 5 advance. But before bulls get too excited, there are some hurdles to clear. The $2.22 level has become the line in the SAND - a daily close above this could confirm the start of a structural reversal.

What's caught my attention is the volume behavior. When XRP tested $2.28, we saw massive buying interest followed by quieter accumulation around $2.18. This stealthy accumulation phase often precedes bigger moves. The Fibonacci extensions point to a long-term target NEAR $3.50 (the 261.8% extension), but let's not get ahead of ourselves - $2.28 needs to break first.

The Make-or-Break Zone for XRP

We're at a critical juncture where the next couple days could determine XRP's trajectory for weeks to come. Holding above $2.17 keeps the reversal scenario alive, while a break below WOULD open the door to tests of $2.10 and potentially $1.98. On the flip side, clearing $2.22 would give bulls their first credible buy signal in weeks.

Several factors are converging here: potential ETF-related inflows, visible intraday accumulation, and the possibility that the corrective wave has run its course. In my experience watching crypto markets, these tight consolidations after prolonged declines often lead to explosive moves. The question is - which direction?

What Traders Should Watch Closely

For active traders, these are the key levels to monitor:

• $2.17 - The absolute floor that must hold
• $2.22 - The breakout level that could trigger short covering
• $2.28 - The recent high that needs to be taken out to confirm upside

Volume will be the tell. If we see another surge in buying pressure with follow-through above $2.22, that could be the green light many are waiting for. But remember - this article does not constitute investment advice. Always do your own research.

Frequently Asked Questions

What's the significance of XRP holding $2.17?

The $2.17 level represents a long-term support zone that's been tested multiple times in November 2025. Holding here suggests sellers are exhausted and buyers are stepping in, potentially marking a bottom.

Why are analysts watching the $2.22 level so closely?

$2.22 represents the neckline of a potential inverse head-and-shoulders pattern forming on the 4-hour chart. A confirmed break above this level would complete the pattern and suggest measured moves to the upside.

How reliable are Elliott Wave predictions for cryptocurrencies?

While Elliott Wave theory can provide useful frameworks, crypto markets are notoriously volatile. Many analysts combine EW with other indicators like volume and Fibonacci levels for better confirmation.