XRP must hold a critical support for a potential pullback amid massive liquidation events.
XRP’s daily chart tells a tale of sharp swings and trader caution. As of November 14, 2025, XRP has experienced a 7.8% dip in the last 24 hours, pulling back from a high of $2.52 to a low of $2.31.
This retreat, amid a healthy trading volume of $7.3 billion, suggests profit-taking after a mid-week push, possibly influenced by broader market sentiments or impact of regulatory news. XRP’s price hovers at $2.31, marking a modest 2.9% increase in the past seven days. Additionally, over the last 14 days, it is down 7.8%.
XRP Price Analysis
Looking at technical charts, XRP appears poised for a potential reversal, but it must hold a critical support to confirm this bullish outlook. The daily chart shows XRP is currently trading around $2.31, aligning with the 0.382 Fibonacci retracement at $2.30.
If XRP breaks below the current support at $2.31, the next key Fibonacci support at $2.21 (0.236 retracement) would come into play, potentially signaling further downside.
Notably, the support around $2.2172, at the 0.236 Fibonacci level, is vital for any potential bullish reversal. If XRP holds above this level, it could suggest a move back toward the resistance zone around the $2.50 range.
On the technical indicators, the MACD line is above the signal line, suggesting short-term bullish momentum. The histogram also shows positive readings, which indicates that the recent downtrend is losing strength and there is a potential for upward momentum.
The MACD’s bullish crossover, combined with the histogram’s positive momentum, could signal that the market sentiment is shifting and a rebound in price might be on the horizon.
XRP Liquidation Data
Meanwhile, the liquidation data for XRP, sourced from Coinglass, highlights significant market volatility. In the past 24 hours, $28.00 million in XRP positions faced liquidation, with long positions leading at $24.94 million, compared to just $3.06 million in short positions. This suggests traders holding long positions were caught off guard as the price pulled back.
On shorter timeframes, liquidations were even more pronounced. In the 1-hour timeframe, liquidations totaled $1.00 million, with shorts at $675.41K and longs at $328.91K.
The 4-hour timeframe saw $8.54 million in liquidations, with long positions again dominating. The high number of long liquidations signals a shift in market sentiment, urging caution if XRP’s price continues to consolidate.