### XRP Faces Critical Support Challenge Amid Looming 'Death Cross' XRP, the cryptocurrency associated with Ripple, is currently experiencing significant downward pressure, with a potential 'death cross' on the horizon. This technical pattern, characterized by a bearish crossover of two key long-term moving averages, raises concerns about further price declines. As of November 6, 2025, XRP is trading around $2.30, struggling to maintain support levels amid a broader bearish sentiment in the cryptocurrency market. Factors contributing to this decline include low retail demand, profit-taking, and a general risk-off sentiment among investors [https://ambcrypto.com/xrp-death-cross-looms-can-bulls-defend-2-before-a-deeper-fall, https://www.fxstreet.com/cryptocurrencies/news/ripple-price-forecast-xrp-on-chain-activity-hints-at-a-steady-downtrend-amid-low-retail-demand-202511061500]. ### Analyzing the Current Market Dynamics 1. **Technical Indicators**: - XRP is approaching critical support at $2.00, having recently rejected resistance at $2.72. Analysts are closely monitoring this level as a potential bottom [https://crypto.news/xrp-price-eyes-2-dollar-retest-downturn-bottom-close]. - The looming 'death cross' suggests that if XRP fails to hold above $2, a deeper decline could be imminent [https://coincentral.com/xrp-price-faces-death-cross-will-it-crash-below-2-mark]. 2. **Market Sentiment**: - The overall sentiment in the cryptocurrency market is bearish, with XRP facing challenges from low retail demand and profit-taking activities [https://www.fxstreet.com/cryptocurrencies/news/ripple-price-forecast-xrp-on-chain-activity-hints-at-a-steady-downtrend-amid-low-retail-demand-202511061500]. - Institutional caution and significant sell-offs by large holders (whales) are contributing to the downward pressure on XRP's price [https://www.ad-hoc-news.de/news/ueberblick/xrp-faces-critical-technical-test-as-major-sell-off-intensifies/68323201]. 3. **Support Levels**: - Analysts are watching the $2.06 support level closely, as a failure to hold this could lead to further declines [https://cryptorank.io/news/feed/6b57f-xrp-could-recover-if-the-2-06-support-level-holds-check-forecast]. - The $2.25 support level is also critical, with recent trading showing XRP struggling to maintain this threshold amid increased selling pressure [https://cryptorank.io/news/feed/c2ef4-can-xrp-defend-2-25-rlusd-s-1-b-surge-puts-pressure-on-the-charts]. ### Supporting Evidence and Data - **Price Movements**: - XRP has seen a significant drop of approximately 16% over the past week, with current trading around $2.30 [https://cryptorank.io/news/feed/6b57f-xrp-could-recover-if-the-2-06-support-level-holds-check-forecast]. - The price has fluctuated between $2.20 and $2.30, indicating a struggle to maintain higher support levels [https://bravenewcoin.com/insights/xrp-price-today-xrp-bulls-defend-the-final-support-to-prevent-a-drop-toward-2]. - **Market Capitalization**: - XRP has lost approximately $25 billion in market capitalization recently, reflecting the severity of the current downturn [https://bitcoinethereumnews.com/finance/xrp-could-crash-to-2-after-losing-25-billion-in-market-cap]. ### Conclusion: Navigating the Uncertain Waters of XRP In summary, **XRP is at a critical juncture**, facing significant downward pressure as it approaches key support levels. The potential formation of a 'death cross' and bearish market sentiment could lead to further declines if critical support levels are breached. 1. **Current Price**: XRP is trading around $2.30, with a risk of falling below $2.00. 2. **Market Sentiment**: Bearish sentiment prevails, driven by low retail demand and profit-taking. 3. **Key Support Levels**: Analysts are focused on the $2.06 and $2.25 support levels as crucial indicators of XRP's future price trajectory. Investors should remain vigilant as the market dynamics evolve, particularly in light of the ongoing bearish trends and technical indicators that suggest further declines may be on the horizon [https://ambcrypto.com/xrp-death-cross-looms-can-bulls-defend-2-before-a-deeper-fall, https://www.fxstreet.com/cryptocurrencies/news/ripple-price-forecast-xrp-on-chain-activity-hints-at-a-steady-downtrend-amid-low-retail-demand-202511061500].