Crypto Potato
2025-11-25 09:27:36

Ripple’s XRP Eyes $7? Only If This Critical Level Holds Firm

Ripple’s XRP is trading well above $2.00, a level many traders are watching. The price movement near this zone has triggered strong reactions in the past. Market participants are now focused on whether this level will continue to hold or give way. XRP Trades at Key Structural Support XRP trades around $2.20 at press time, with daily gains of 7% and a weekly rise of 3%. The 24-hour range sits between $2.04 and $2.28, based on CoinGecko data. Analyst Ali Martinez noted that the asset appears to be forming a right-angled ascending broadening wedge. This structure features a flat support level near $2 and a rising, expanding upper boundary. Best case: $XRP is shaping a right-angled ascending broadening wedge. But it all comes down to whether the $2 support holds. pic.twitter.com/X9sKAXByqG — Ali (@ali_charts) November 24, 2025 The asset has revisited this level several times, making it a key marker. If support holds, a move toward $6.50 to $7.20 remains possible based on historical behavior within similar patterns. If it fails, traders may reassess near-term bias. According to Glassnode, the $2 level has repeatedly triggered high realized losses. Each time XRP touched or broke this level in 2025, weekly losses ranged from $500 million to $1.2 billion. This data suggests many holders entered near this zone and have sold at a loss when the price returned to it. Large loss events occurred in March, April, and November. Selling at this level appears driven by prior buying activity and reflects how price memory continues to influence short-term decisions. Traders view $2 as a pressure point where holding behavior often shifts. Source: Glassnode Market Structure Still Holding Recent analysis showed XRP remains above the 200 EMA on the 3-day chart. The 50 EMA is nearing a cross below the 200 EMA, a move often linked to bearish setups. However, analyst Egrag Crypto said this does not reflect a bear market pattern. He referred to similar moments in 2017 and 2021 that were followed by sharp upward moves. CRYPTOWZRD noted XRP broke out of an intraday descending broadening wedge. The move was led by strength in the XRPBTC pair. The asset is now testing resistance near $2.2703. The area above $2.2770 is considered a valid long entry if supported by Bitcoin’s price action. ETF Inflows Support Demand Institutional interest in Ripple’s token grew following the launch of new exchange-traded products. According to Kyle Chassé, XRP ETFs saw $164.04 million in net inflows in a single day. Grayscale’s XRP ETF recorded $67.36 million in net inflows on its first day of trading, while Franklin Templeton’s ETF brought in $62.59 million. XRP ETF FLOWS: $XRP ETFs saw $164.04M in net inflows yesterday. On its first day of trading, the Grayscale XRP ETF saw a net inflow of $67.36M. While Franklin Templeton’s ETF saw inflows of $62.59M on its first day. pic.twitter.com/PsjbOHGnt7 — Kyle Chassé / DD (@Kylechasse) November 25, 2025 Meanwhile, the ETF listings on NYSE Arca introduced new access points for professional investors. These inflows show strong initial participation and reflect growing institutional exposure to XRP. The inflows also align with recent price action, reinforcing demand at a time when broader markets face volatility. The post Ripple’s XRP Eyes $7? Only If This Critical Level Holds Firm appeared first on CryptoPotato .

Holen Sie sich Crypto Newsletter
Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen