Will Ripple (XRP) Keep Losing Value? Here’s the Key Level It Needs to Break Through!

Jakarta, Pintu News – XRP (XRP) started the first Monday of November with a lackluster performance. The token fell 3% in 24 hours and has now recorded a 19.1% decline in the last 30 days. This clearly shows the ongoing downward trend in XRP price.

Overall, market conditions for XRP are still weak, and the technical charts indicate further downside potential – unless there is significant buying in the near future.

Hidden Bearish Divergence Hints at Further Weakness in XRP

Between October 13 and November 2, the XRP price made a lower high, while the Relative Strength Index (RSI) indicator made a higher high. This is known as a hidden bearish divergence, a technical pattern that often signals the continuation of an ongoing downward trend.

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Simply put, although momentum seems to be increasing, the pressure from sellers is still dominant. For XRP, the only way to invalidate this bearish signal is with a daily price close above $2.64 – potentially opening up room for an upward movement.

But as long as it hasn’t happened, the market is still leaning towards sellers.

Profit Taking and Short-Term Selling Add Downward Pressure

On-chain data supports this bearish view. The Net Unrealized Profit/Loss (NUPL) indicator, which measures the rate of investor gains across the network, stands at 0.428 – almost the same as the local peak of 0.425 reached on October 20. Back then, XRP fell from $2.50 to $2.36 in just two days – a correction of 5.6%.

A high NUPL value usually indicates that investors are still holding profits, so they tend to sell to secure profits.

This is what is now happening. Data from Waves’ HODL metric – which tracks how long coins are held by investors – shows that wallets holding XRP for 1 day to 1 week have seen their supply share drop from 2.28% to 1.17% in just two weeks. This represents a nearly 50% drop in short-term reserves.

These short-term traders are actively sellinginto rallies, further adding to the downward pressure on XRP prices.

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Key XRP Price Levels to Watch as Selling Pressure Increases

With the continued sell-off from short-term holders, XRP’s crucial support level of $2.31 is now under pressure. If this level fails to hold, XRP could potentially drop further towards $2.18 – a further confirmation of the downtrend.

Notably, $2.31 is only about 4.91% away from the current price, still within the downside zone triggered by the NUPL pressure as discussed earlier.

However, if the price is able to hold above $2.31, it could provide enough temporary stability to re-test the resistance at $2.64. Breaking the $2.64 level would invalidate the bearish divergence pattern and signal the beginning of a possible rebound.

If this happens, the momentum will shift back into the hands of buyers, and XRP’s price movement will be in line with the strength of the RSI – which could be an early sign of a medium-term trend recovery.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. XRP Price at Critical Price Level in November. Accessed on November 4, 2025