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.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
