XRP bulls are standing firm at a critical juncture as the XRP price today struggles to hold the $2.20–$2.25 support zone amid renewed selling pressure.
The broader crypto market has turned defensive following recent pullbacks in Bitcoin and Ethereum, raising concerns that Ripple (XRP) could retest the psychological $2 mark if sentiment fails to stabilize.
XRP Price Action Turns Cautious Near Key Support
As of November 5, 2025, the current XRP price hovers around $2.26, down more than 6% over the past 24 hours. This decline followed a sharp rejection from the $2.55–$2.70 range, where sellers regained control. On the weekly chart, XRP’s 10/20 exponential moving average (EMA) has formed a death cross near $2.70—a lagging bearish signal that often points to trend exhaustion but not always sustained downtrends.
XRP faces near-term downside risks from a looming death cross and tightening triangle, though BlackRock’s tokenization developments could spark a rebound above $2.55. Source: Faizan Haroon via X
Historically, death crosses in volatile assets like XRP have only predicted extended declines about 55–60% of the time, suggesting a potential for near-term exhaustion rather than a prolonged correction. Technical indicators now show price compression under a descending resistance line that has capped every rally since mid-August.
The daily chart highlights major resistance at $2.49 (20-day EMA) and $2.62 (50-day EMA), with the 100-day EMA at $2.69 reinforcing the upper bearish boundary. Unless XRP breaks above $2.60 and the $2.70 trendline, bullish sentiment may remain suppressed.
Derivatives Data Show Market Caution
On-chain and derivatives data reflect a cautious tone among traders. According to Coinglass, futures open interest dropped by over 16% to $3.5 billion as traders reduced leverage exposure. Meanwhile, XRP trading volume surged 63%—mostly from short-term rotations rather than new bullish inflows—while options activity fell sharply by 43%, suggesting a decline in speculative participation.
Exchange XRP Futures Open Interest (USD) chart. Source: CoinGlass
The aggregate long/short ratio across major exchanges like Binance and OKX remains below parity, signaling bearish bias. Funding rates have stabilized, but the absence of aggressive short covering indicates limited appetite for a reversal.
Despite this, a modest net inflow of $13 million was recorded on November 4, hinting at mild accumulation attempts by retail traders. However, broader weekly flows remain negative, reflecting persistent outflows since mid-October.
Whale Activity and Ripple Unlocks Add Pressure
Adding to the bearish tone, on-chain data revealed whale transactions involving over 900,000 XRP sold in recent sessions. Additionally, Ripple’s scheduled token unlock has introduced fresh supply into circulation, amplifying short-term selling pressure.
Whales have offloaded 900,000 XRP within the past five days, adding pressure to the token’s short-term market outlook. Source: Ali Martinez via X
Still, analysts note that XRP’s macro uptrend from early 2025 remains technically intact as long as the token holds above the $2 level. Previous bull-market death crosses have often coincided with local bottom formations, hinting that XRP could soon approach an exhaustion point before recovery.
A crypto market researcher commented that “if XRP defends the $2.20 support and reclaims $2.60 in the coming sessions, the structure could shift back toward neutral-to-bullish territory, targeting $2.85–$3.00 initially.”
Broader Market and Institutional Factors
XRP’s recent performance mirrors the broader crypto market slowdown, with Bitcoin trading near $104,000 and Ethereum hovering around $3,600. Despite the short-term correlation, some analysts point out that XRP’s weakening dependence on BTC price trends—fueled by Ripple’s growing real-world adoption—could signal early decoupling from traditional crypto cycles.
XRP was trading at around $2.26, down 6.28% in the last 24 hours at press time. Source: XRP price via Brave New Coin
Meanwhile, macro narratives like BlackRock’s continued interest in tokenization have introduced a speculative backdrop for XRP and similar utility-driven tokens. A breakout above $2.55–$2.65 could trigger a short-term relief rally, potentially extending to the $3 zone if market sentiment improves.
Outlook: Bulls’ Last Stand at $2.20
For now, the XRP price forecast hinges on the $2.20–$2.25 support band. A decisive breakdown below this area could open the path toward the $2 psychological level and possibly $1.85. Conversely, a rebound from this region could attract short-covering momentum and restore price stability above $2.45–$2.60.
Although the XRP price today reflects bearish undertones, the long-term XRP price prediction 2025 remains constructive, supported by Ripple’s ongoing partnerships, institutional interest, and potential regulatory clarity from the XRP SEC lawsuit resolution.
In the short term, traders remain cautious, watching whether bulls can defend the final support and prevent another leg down. If they succeed, XRP could soon stage a recovery phase that reaffirms its place among the top-performing altcoins as the market regains composure.