XRP Market Analysis: November 9, 2025

A comprehensive daily overview of XRP’s market performance and short-term outlook.

Over the last 24 hours, XRP has experienced a slight downturn.

24-Hour High: $2.33
24-Hour Low: $2.25
Current Price: Approximately $2.29
Percentage Change: A decrease of about 1.28%.
Trading Volume: The 24-hour trading volume is around $2.41 billion. This represents a decrease in activity compared to the 7-day average, suggesting a potential cooling-off period from traders.

Technical indicators for XRP are currently presenting a bearish to neutral picture.

Exponential Moving Averages (EMAs): XRP is trading below its 20, 50, and 200-day EMAs, which is generally considered a bearish signal. The price is currently under the 200-day Simple Moving Average (SMA) as well. There are no immediate signs of a ‘golden cross’ (a bullish signal where a shorter-term moving average crosses above a longer-term one) or a ‘death cross’ (the bearish counterpart).
Relative Strength Index (RSI): The current RSI for XRP is approximately 38.08, indicating a neutral to slightly oversold position. An RSI below 30 typically signals that an asset may be oversold and due for a potential price increase.
Moving Average Convergence Divergence (MACD): The MACD is currently showing a sell signal, with a value of -0.001. This suggests that bearish momentum is currently in control.
On-Chain Data: Recent on-chain activity has been mixed. While there has been a significant increase in newly created XRP wallets, reaching an 8-month high after Ripple’s recent fundraising news, there have also been notable outflows. Large holders, or “whales,” have reportedly moved a substantial amount of XRP to exchanges, which could indicate selling pressure. Additionally, there has been an increase in short positions on XRP by some large traders.

Identifying key price levels is crucial for understanding potential future price movements.

Immediate Resistance: A key immediate resistance level for XRP is in the range of $2.35 to $2.42. A decisive move above this area could signal a potential short-term bullish reversal.
Key Support: The immediate support level that bulls will need to defend is around $2.20. A break below this level could lead to further downside.
Fibonacci Retracement: According to Fibonacci analysis, a vital support level is around the 0.618 Fib level at approximately $0.60. A key resistance to watch is the 0.236 Fib level at about $0.91. Another analysis points to the 61.8% Fibonacci retracement level from a recent upward move as a critical support zone around $2.20.

Recent news has been a mix of positive developments for Ripple and broader market headwinds.

Ripple’s Successful Funding Round: Ripple recently announced a successful $500 million fundraising round, bringing the company’s valuation to $40 billion. This news was followed by a temporary rebound in XRP’s price.
XRP ETF Speculation: 21Shares has filed an updated prospectus for a spot XRP ETF, starting a 20-day countdown for a potential SEC decision. This has generated some positive buzz within the XRP community.
Broader Market Conditions: The wider cryptocurrency market has seen some bearish sentiment, with significant outflows from Bitcoin and Ethereum ETFs. Bitcoin recently dipped below the $100,000 mark. These broader market trends can exert downward pressure on altcoins like XRP.

Social media sentiment surrounding XRP appears to be mixed, with pockets of both bullishness and bearishness.

Overall Sentiment: Recent data suggests that social media sentiment towards XRP has been turning more bearish. However, there is also a significant amount of optimistic discussion, particularly concerning the potential for an XRP ETF and Ripple’s recent successful funding round.
Trending Narratives: The primary narratives dominating the conversation are the potential approval of a spot XRP ETF and the implications of Ripple’s massive new funding. Hashtags such as #XRP and #Ripple are seeing significant activity.
Influencer Activity: Some crypto influencers have been celebrating recent price milestones and discussing the potential for future gains, though some of these discussions have been flagged as potential “engagement farming.”

The short-term outlook for XRP is cautious, with both bullish and bearish scenarios in play.

Forecast: Over the next 24-48 hours, XRP is likely to continue consolidating within the key support and resistance levels identified. A break on significant volume above $2.42 could lead to a test of higher resistance levels. Conversely, a failure to hold the $2.20 support could see the price drift lower.
Bullish Scenario: Positive news regarding the XRP ETF, or a broader market recovery led by Bitcoin, could provide the catalyst for XRP to break through its immediate resistance. Renewed buying pressure could see the price move towards the $2.50 to $2.55 range.
Bearish Scenario: Continued selling pressure from large holders, coupled with a negative sentiment in the broader crypto market, could lead to a breakdown below the $2.20 support level. This could open the door for a retest of lower support zones.

This analysis is for informational purposes only and does not constitute financial advice.

XRP Market Analysis: November 9, 2025 – Price Trends and Technical Insights