XRP Price Plunge: Analysts Hail This as the ’Generational Buying Opportunity’ You Can’t Miss

XRP's dramatic price collapse has market veterans buzzing with excitement rather than panic.

The Perfect Storm

While retail investors scramble for exits, institutional analysts see textbook accumulation conditions forming. This isn't just another dip—it's the kind of setup that creates millionaires.

Technical Foundations

Key support levels held despite massive selling pressure, creating what technical analysts call a 'generational floor.' The charts show patterns eerily similar to Bitcoin's 2015 consolidation before its historic run.

Market Psychology at Extremes

Fear metrics hit levels not seen since the 2020 crash. Meanwhile, smart money positioning suggests the big players are quietly building positions while everyone else panics.

Because nothing says 'investment opportunity' like watching your portfolio bleed out while some analyst on Twitter calls it genius.

TLDR

• XRP price dropped below $2.50 and tested support at $2.26, trading down over 3% daily and nearly 12% for the week
• Technical analysis shows resistance at $2.50-$2.55 with a bearish trend line, while support levels sit at $2.30 and $2.25
• Analyst EGRAG CRYPTO sees the current price action as a “generational setup” with XRP building support above major candles similar to previous cycles
• Elliott Wave analysis points to key support levels at $2.04 and $1.72 based on Fibonacci extensions
• RSI indicates oversold conditions at 36.8, suggesting potential for short-term rebound if XRP reclaims $2.37 resistance

XRP price fell below $2.50 during the latest trading session, extending losses that pushed the cryptocurrency down more than 3% on the day. The weekly performance shows a decline of nearly 12%, with the token testing support levels that analysts consider critical for future price movement.

The decline accelerated after XRP broke below the $2.40 mark. The price reached a low of $2.26 before showing signs of recovery. Trading currently occurs below the 100-hourly Simple Moving Average, with the token hovering NEAR $2.30.

Bears gained momentum as the cryptocurrency failed to hold support at key psychological levels. The move down came alongside similar declines in Bitcoin and Ethereum. Volume patterns suggest continued selling pressure in the near term.

A bearish trend line now forms on the hourly chart with resistance at $2.55. The price attempted a minor correction above the 23.6% Fibonacci retracement level. This bounce measured from the swing high of $2.55 to the low of $2.26.

Resistance and Support Levels

Immediate resistance stands at $2.40, which aligns with the 50% Fibonacci retracement level. The first major resistance zone sits at $2.48. If buyers push through these levels, the next target WOULD be $2.55, where the trend line resistance comes into play.

A clear break above $2.55 could open the path toward $2.60 and $2.65. The next major hurdle for bulls appears at $2.72. However, failure to reclaim $2.50 could trigger fresh declines.

Initial support on the downside rests at $2.32. The more critical support level stands at $2.30. A break below this level could send XRP toward $2.25. Further selling pressure might push the price to $2.22 or even $2.20.

The MACD indicator shows weakening momentum in the bearish zone. The Relative Strength Index dropped to 36.8, entering oversold territory. This reading suggests selling pressure may be reaching exhaustion.

Long-Term Analysis Points to Accumulation

Analyst EGRAG crypto views the current price action differently than short-term traders. He stated that XRP’s long-term structure mirrors earlier bull cycles. The token builds support above major body candles, which he interprets as strength.

#XRP – Will Melt Faces! 🔥:

🟣Let’s make this crystal clear, I’m not hyping for likes or engagement. You already know my style:

👉 “I Don’t Care, I Love It ❤️”

This isn’t noise, it’s conviction built on years of tracking #XRP and reading its structure like a story written in… pic.twitter.com/vQ0Ux8ftLu

— EGRAG CRYPTO (@egragcrypto) November 3, 2025

This accumulation phase resembles past patterns but occurs on a larger scale. EGRAG CRYPTO called this a “generational setup” despite the recent downward pressure. The analyst maintains a bullish outlook based on these technical formations.

CasiTrades applied Elliott Wave theory to XRP’s price movement. The analysis identifies $2.04 and $1.72 as the next critical support zones. These levels correspond with the 1.618 and 2.618 Fibonacci extensions respectively.

🚨No one should be confused- $XRP is following the subwave mapping perfectly! … Eyeing $2.04 and $1.72 supports next on #Coinbase ! 👀#CryptoMarket #Crypto pic.twitter.com/9iUf5aFbdJ

— CasiTrades 🔥 (@CasiTrades) November 3, 2025

PrecisionTrade3 noted that XRP bounced from the .382 Fibonacci level at $2.30. This represents interim support in the current correction. The analyst projects $2.41 as the next retracement target if bitcoin climbs to $107,400.

The broader correction could complete near $1.88 according to PrecisionTrade3’s analysis. Traders watch $2.37 as the key resistance level that needs to break for confirmation of renewed upward momentum. The $2.04 level remains the next major support if selling continues.

XRP currently trades near $2.30 with technical indicators showing oversold conditions and multiple analysts identifying this price range as a potential turning point.