The broader cryptocurrency market has experienced a significant downturn, which has heavily affected Ripple's XRP. The token has lost nearly all the gains it accumulated throughout 2025. Several prominent analysts suggest that the price might continue to drop in the near future.
Potential Entry Point at Current Levels
Ripple's cross-border token experienced a sharp decline, reaching a low of $2.09 several hours ago. This downturn occurred amidst a major market crash that resulted in liquidations exceeding $1 billion. The bulls have since managed to stabilize the price, pushing it back to the current level of $2.23, according to data from CoinGecko.
However, the X user IncomeSharks has indicated that another substantial pullback could be imminent. They have predicted that investors looking to purchase XRP below $2 might soon have an opportunity to do so.
$XRP – If you missed it under $2 you’ll probably have a chance to bid it again. pic.twitter.com/swBtacYtDr
— IncomeSharks (@IncomeSharks) November 4, 2025
XRP trading below the $2 mark has been infrequent this year. The last instance of this occurred during the market crash on October 10, which sent significant shockwaves across the entire cryptocurrency market.
Another analyst, CRYPTOWZRD, has also commented on XRP's recent price performance. They believe that a rejection from the bullish zone around $2.30 could present shorting opportunities, potentially leading to a decline towards the support level of $2.08.
Divergent Outlooks Amidst Volatility
XRP benefits from a dedicated and extensive community, and even recent corrections have not deterred some of its most ardent supporters. Among these is the X user EGRAG CRYPTO, who is known for making highly optimistic predictions.
Earlier today, November 5, EGRAG CRYPTO shared another bullish update, stating they are proceeding with "zero fear because on the higher timeframes nothing has changed."
EGRAG CRYPTO argued that as long as XRP maintains its position above $1.94, "we’re sitting in one of the most powerful accumulation zones you’ll ever see." The analyst further outlined two potential scenarios. The first, termed "Micro Wick 1," suggests XRP could surge to a new all-time high of $10. The second scenario, named "Micro Wick 2," proposes an ambitious target of $50.
“I’m not talking fantasy here, this cycle could easily see XRP tapping that $50 wick as the real blowoff ends,” they concluded.