Is XRP Ready for the Next Big Crash? Spoiler: It’s Not Looking Good!

So, here’s the latest: Ripple‘s XRP is currently floating at a casual $1.93, which, if you’ve been paying attention, is about 10% less than it was 24 hours ago, and 16% less than it was just a week ago. Yep, it’s below $2.00 now, and guess what? The sell-side volume is climbing faster than a caffeine-fueled squirrel on a mission.

With the high of $3.65 from July 2025 still looking like a distant dream (or perhaps a cruel joke from the universe), XRP is under some serious pressure. The trading volume in the last 24 hours stands at $8.5 billion-just enough to make you think people are really participating in this decline. So, things are getting spicy.

Is This the End? Or Just a Really Bad Day?

Alpha Crypto Signal has declared that XRP has officially tumbled below its falling wedge on the 4-hour chart. That’s code for: “Oops, it’s all downhill from here.” The loss of support came with a surge in sell volume, which, if you’re still optimistic, is probably not the best indicator.

“As long as price stays below this broken trendline support, the bearish bias remains intact,” said the post, almost as if it’s trying to make you feel better about your bad decisions.

XRP now sits below both the 20-period EMA and the 50-period SMA-two indicators that are trending downward, by the way. The reversal signs? Yeah, they’re as absent as your motivation to look at your portfolio right now. The market looks weak unless the price manages to claw its way back above those former support levels and maybe turn them into something resembling hope.

Can We Talk About $1.90 for a Minute?

ChartNerd (yes, that’s really their name, and yes, they’re that nerdy) pointed out that XRP is currently hanging on to the 20-month EMA at $1.90. This level held strong during the November 2017 cycle, right before XRP decided to go on one of its famous “we’re going to the moon” rallies. Ah, good times.

“We MUST see November close out above this key moving average, or down we go kids,” ChartNerd posted, clearly a little too enthusiastic about the impending doom.

If history is any guide, staying above this EMA could lead to a rally, but falling below it? Well, that could reset everything faster than a toddler in a tantrum. Bitcoin‘s also in the hot seat, with $87,000 being the magic number BTC needs to maintain in order to keep the whole market from falling into an abyss of despair.

Meanwhile, CryptoWZRD (seriously, what’s with the names today?) says that XRP’s daily candle is still looking weak, just following Bitcoin’s lead like an overly compliant puppy. The chart’s showing a double bottom from June 2025, but no one’s quite ready to say, “Yep, that’s a bullish signal.”

“A bullish move above $2.08 followed by weakness is going to trigger short opportunities,” warned CryptoWZRD, as if things weren’t already chaotic enough.

Until buyers can manage to drag XRP above $2.08 with any real strength, the focus is likely going to stay on the lower timeframes. The market’s still holding its breath, waiting for a clear signal of whether this is the start of a reversal or just another very bad day.

Hey, What About Those ETFs?

In the midst of all this drama, the Bitwise XRP ETF made its grand debut on the NYSE this week and promptly saw $26 million in trading volume on day one. Oh, and let’s not forget the Canary XRPC ETF, which managed a staggering $60 million on its first day, just to remind us all that XRP’s still got some institutional love, even if its retail fans are looking a little less enthusiastic.

Bitwise quickly racked up $22 million in volume in just a few hours, showing that while the broader crypto market may be bleeding, institutions are still taking a keen interest in XRP. But let’s not get too excited; large holders are still trimming their positions, which is basically the financial equivalent of “proceed with caution.”

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2025-11-21 20:12