the sentiment around XRP is currently a tug-of-war between clear technical and institutional strengths and significant, immediate pressures from large-scale sell-offs. While the foundations for a future price rebound appear to be forming, the market is first navigating a wave of whale-induced volatility.
Navigating Immediate Pressures
The most immediate challenge for XRP is persistent selling pressure from large holders, or “whales”. Recent on-chain data reveals significant outflows, with one report noting whales have offloaded over $50 million in XRP daily, contributing to a price decline from recent highs. This trend includes a specific instance where 392.6 million tokens were sold in a single session, spiking trading volume to nearly 400% above its average and solidifying a key resistance level at $2.67.
This selling pressure is testing critical support levels. As of early November 2025, XRP has faced a sharp correction, falling to around $2.20 and breaching the crucial support zone between $2.46 and $2.50. Analysts are now closely watching the next key floor. Some point to the 200-day Exponential Moving Average (EMA) around $2.65 as a potential bounce area, while others warn that a break below $2.18 could open the door for a deeper pullback toward $1.92 or even $1.77.
A Glimpse of Underlying Strength
Despite the current downturn, several signals suggest underlying resilience that could support a future recovery.
From a technical perspective, even as the price has made lower lows, the Relative Strength Index (RSI) has shown a hidden bullish divergence. This pattern, where momentum weakens while the price continues to fall, can often precede a potential reversal. For this to be validated, buyers must push the price to a decisive close above key resistance at $2.60, which would help reset bullish momentum.
Furthermore, the institutional story for XRP remains promising. A wave of spot XRP ETF applications from major asset managers like Grayscale and Bitwise is awaiting regulatory decisions. Approval is considered a significant potential catalyst, with analysts estimating it could unlock $2–$5 billion in institutional inflows over the following year. This long-term institutional interest is a powerful counterbalance to short-term whale selling.
Strategic Outlook for Market Participants
For traders and investors, the current environment demands a balanced approach that acknowledges both the immediate risks and the promising catalysts on the horizon.
The short-term trajectory is heavily influenced by whale activity and technical levels. The market is showing signs of seller exhaustion, but a confirmed recovery requires XRP to reclaim and hold above the $2.60 resistance. Until then, the path of least resistance remains vulnerable to further declines.
Looking beyond the immediate volatility, the fundamental outlook for XRP is bolstered by Ripple’s continued business expansion. The company’s acquisition of digital asset custody provider Palisade strengthens its institutional offerings. Additionally, the launch of its RLUSD stablecoin and a pipeline of potential ETF approvals provide tangible reasons for long-term optimism.
In essence, XRP is caught between short-term technical pressures and strong long-term institutional tailwinds. Navigating this phase successfully requires patience and a focus on the key technical levels that will signal whether the bulls are ready to retake control.
