- XRP trades at $1.90, matching both its support level and its 20-month EMA after a 10.1% daily decline.
- The token’s BTC pairing shows a 0.5% gain, offering a contrasting short-term performance indicator.
- Key levels now monitored include the $2.13 resistance and Bitcoin’s required November close above $87,000.
XRP( XRP) moved back to a major technical level after the token dropped to $1.90, which now aligns with its 20-month exponential moving average. The market observed a 10.1 percent decline over the past 24 hours, and this pullback pushed the price directly onto its stated support level. This placement keeps attention on the November monthly close because traders noted that the token must remain above the moving average to maintain its current structure.
The chart also shows a historical pattern that includes earlier breakouts and retests, which frames the present price action within a broader multi-year view. This context now shapes the focus heading into the final weeks of the month.
Price Sits on Support After Sharp Daily Decline
The current price of $1.90 also marks the 24-hour support zone, which reflects the lowest level reached during the latest session. The market moved toward this level after a fast decline, and the daily chart shows the price resting on the same moving average noted on earlier cycles within the chart . However, the resistance at $2.13 remains above the current range, and this difference highlights how far the token must advance to regain the upper boundary of the recent consolidation band.
Market data also show XRP valued at 0.00002318 BTC, which represents a 0.5 percent increase against Bitcoin. This contrast between the BTC pair and the USDT pair adds another reference point for reviewing the current structure, especially as the token meets its major moving average at the same time.
Chart References Multi-Year Breakout and Retest Patterns
The chart displays a sequence of past breakouts and retests. These include a breakout followed by a retest in November 2017, as well as a more recent pattern projected toward November 2025.
These sections highlight repeated interactions between price and long-term moving averages. The current movement toward the 20-month EMA therefore sits within a larger pattern that stretches across several years of price action.
Market Watches November Close and BTC Interaction
Traders also observe Bitcoin because the chart notes that BTC must close above $87,000 in November to maintain its stated structure. This link adds another layer to XRP’s position on the moving average . As the market approaches the end of the month, the price remains directly on the $1.90 support level, which continues to define the short-term range. The $2.13 resistance level stands as the upper boundary to monitor as the token trades within its current band.
