Now, popular analyst Ali Martinez has outlined the most significant support and resistance lines for the asset that might determine the next big move.
For $XRP, resistance stands at $2.80 and $3, while support holds at $2.15. pic.twitter.com/ODv0X9sWhh
— Ali (@ali_charts) November 2, 2025
XRP’s current price tag means that it’s a low closer to the upper boundaries of its channel, especially the first one at $2.80. If broken, then the asset could challenge the coveted $3.00, which has been a distant dream for almost a month.
On the downside, $2.15 will serve as the first meaningful line of defense if Ripple’s token reverses its trajectory and heads south once again.
The XRP Army expects more volatility in the following weeks due to several factors. A spot XRP ETF might launch in less than two weeks after Canary Capital’s latest update in its filing, which could bypass the typical approval process. If it indeed hits the markets on November 13, the underlying asset could go on a wild price ride.
On the bearish side is the current investor behavior. As previously reported, whales have been disposing of XRP tokens for weeks, but there’s more. Glassnode data shows that long-term holders who accumulated before the price run that began a year ago had “ramped up their spending by 580%, from $38m/day to $260m/day.”
The analytics platform warned that this is a “clear sign of seasoned traders exiting and adding pressure to [the] price action.”
Since early August, XRP price has dropped from $3.3 to $2.4 (-27% ).
At the same time, long-term holders who accumulated before Nov 2024 ramped up their spending by ~580%, from $38M/day to $260M/day (7D-SMA)A clear sign of seasoned traders exiting and adding pressure to… pic.twitter.com/q5h02AsdrJ
— glassnode (@glassnode) October 31, 2025
The post These Are Ripple’s (XRP) Most Significant Price Levels to Watch Before the Next Move appeared first on BitcoinLinux.
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Author: NixCoin