- XRP must defend $2.2172 support at 0.236 Fibonacci level for bullish reversal scenario.
- Token drops 8% in 24 hours, pulling back from $2.52 high.
- MACD line crosses above signal line, suggesting short-term bullish momentum building.
XRP faces a critical test at a key support level that could determine whether the token executes a reversal or continues declining. The daily chart reveals sharp swings and cautious trader sentiment following recent volatility.
As of November 14, 2025, XRP has declined 8% over the past 24 hours, retreating from a high of $2.52.
The pullback occurred amid healthy trading volume of $7.3 billion, suggesting profit-taking following a mid-week advance. The move may have been influenced by broader market conditions or regulatory developments.
Fibonacci level defines reversal conditions
XRP currently trades at $2.26, marking a modest 2.9% increase over the past seven days. However, the token is down 10% across the last 14 days, indicating recent weakness despite short-term gains.
The support around $2.2172, aligned with the 0.236 Fibonacci level, is critical for any potential bullish reversal. If XRP maintains position above this level, it could indicate a move back toward the resistance zone around $2.50. Loss of this support would suggest further downside may materialize before stabilization occurs.
Technical indicators provide mixed signals about near-term direction. The MACD line sits above the signal line, suggesting short-term bullish momentum remains intact despite the recent decline. The histogram displays positive readings, indicating the recent downtrend is losing strength and potential exists for upward movement.
The MACD’s bullish crossover, combined with the histogram’s positive momentum, could signal that market sentiment is shifting toward recovery. A rebound in price might materialize if these technical conditions hold and buying pressure increases at current levels.
Volume patterns support critical zone
The $7.3 billion in trading volume during the pullback represents elevated activity compared to typical ranges. This volume suggests genuine participation rather than thin market conditions, providing validity to current price levels as areas where buyers and sellers are actively engaging.
Whether XRP can defend the $2.2172 support depends on multiple factors including Bitcoin’s performance, broader cryptocurrency market conditions, and XRP-specific catalysts such as ETF approval progress or institutional adoption developments.
Traders watching for reversal signals will monitor whether XRP can establish a higher low above the Fibonacci support level. Formation of a higher low would strengthen the technical case for a move back toward $2.50 resistance.
Failure to hold $2.2172 support could trigger additional selling as stop losses are triggered and momentum traders exit positions. The next support level below this zone would become the focus if the current level fails to contain selling pressure.
