{"id":110624,"date":"2025-11-05T12:12:10","date_gmt":"2025-11-05T12:12:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110624"},"modified":"2025-11-05T12:12:10","modified_gmt":"2025-11-05T12:12:10","slug":"can-ripples-xrp-hold-the-line-analysts-point-to-next-crucial-support","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110624","title":{"rendered":"Can Ripple\u2019s XRP Hold the Line? Analysts Point to Next Crucial Support"},"content":{"rendered":"

Ripple\u2019s native token XRP is under pressure as market uncertainty continues. The asset is trading near $2.23, with a daily volume of around $8.8 billion.<\/p>\n

Over the past 24 hours, XRP has slipped almost 2%, adding to a 15% loss over the past week. Analysts are now watching several technical levels for signs of stability or further movement.<\/p>\n

EGRAG CRYPTO Highlights $1.94 as a Key Level<\/h2>\n

Analyst EGRAG CRYPTO says<\/a> XRP remains in a key accumulation zone, as long as the price stays above $1.94. In a recent post, they wrote,<\/p>\n

\u201cWe\u2019re sitting in one of the most powerful accumulation zones you\u2019ll ever see. Miss this range, and you\u2019ll regret not loading up when fear was at its peak.\u201d<\/p>\n

They also noted<\/a> irregular pricing across top exchanges like Binance, Coinbase, and Poloniex, calling it \u201cdata distortion<\/em>.\u201d To address this, they now use an average of multiple exchange prices, referred to as the \u201cCrypto Data Set<\/em>.\u201d For longer-term tracking, they\u2019ve set $1.40 as a base level.<\/p>\n

Chart Targets Range From $10 to $50<\/h2>\n

EGRAG laid out several price levels that could come into play if XRP rebounds. In the short term, they pointed to a move toward $10, based on the current range pattern. They suggested the formation isn\u2019t a textbook wedge or rectangle, but still shows a measured target near that zone.<\/p>\n

<\/a>Source: EGRAG CRYPTO\/X<\/p>\n

The outlook also includes a potential rise to the $14\u2013$25 range if a larger wave pattern plays out. The most extended target is $50, referencing a historic wick on Gemini. Challenging the view that only lower wicks need to be revisited, they said,<\/p>\n

\u201cIf the market loves symmetry, both wicks can balance in time.\u201d<\/p>\n

In addition, analyst ChartNerd reported<\/a> that XRP recently touched its ascending support line, which has been in place since 2024. The price is now hovering near $2.21. The structure is part of a rising channel, and previous touches at support have led to recoveries toward the upper range, near $6\u2013$7.<\/p>\n

The pattern remains valid for now. A break below support could suggest a shift in trend, but as long as XRP holds the lower boundary, the broader setup continues to track upward.<\/p>\n

Short-Term Sentiment and Market Activity<\/h2>\n

Trader CRYPTOWZRD shared<\/a> that XRP closed with a slightly bearish candle, while the XRP\/BTC pair printed a dragonfly doji. \u201cXRP will follow Bitcoin\u2019s sentiment tomorrow,<\/em>\u201d they said, focusing on lower timeframes for possible trade setups.<\/p>\n

Wallets holding between 100 million and 1 billion XRP have recently trimmed their balances, as CryptoPotato reported<\/a>. This activity was also seen ahead of previous declines and may be adding to current market pressure.<\/p>\n

Meanwhile, interest in a spot XRP ETF is growing. Franklin Templeton, Bitwise, and Canary Capital have all filed updated S-1 forms with the SEC in recent days. These filings suggest<\/a> that ETF launches could begin as early as mid-November.<\/p>\n

Separately, Ripple also confirmed<\/a> it has acquired Palisade, a crypto custody firm. The move follows its earlier acquisition<\/a> of Hidden Road and a collaboration with GTreasury, as Ripple expands its reach in financial infrastructure services.<\/p>\n

The post Can Ripple\u2019s XRP Hold the Line? Analysts Point to Next Crucial Support<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Ripple\u2019s native token XRP is under pressure as market uncertainty continues. The asset is trading near $2.23, with a daily volume of around $8.8 billion. Over the past 24 hours, XRP has slipped almost 2%, adding to a 15% loss over the past week. Analysts are now watching several technical levels for signs of stability […]<\/p>\n","protected":false},"author":0,"featured_media":110625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110624"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110624"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110625"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}