XRP News Today: Bitcoin Faces Key Level—Will It Trigger a Bear Market or Spark a 2025 Bull Run Revival?

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Bitcoin (BTC) and

(ETH) are under increasing downward pressure as their prices pull back from recent peaks, with both technical signals and market mood suggesting ongoing turbulence. , on the other hand, is displaying mixed performance—bouncing back due to institutional news but still at risk of further declines.

Earlier in November, Bitcoin slipped below $108,000, breaching important Fibonacci retracement points and sparking a bearish

, as highlighted in a recent . The daily chart’s RSI is at 41, indicating fading bullish strength, while the MACD histogram continues to shrink. Experts caution that if Bitcoin closes below $106,453 (the 61.8% retracement), it could fall further toward $102,000.

There is still no consensus on whether

has officially entered a bear market, as explored in a . Although dropping below the 365-day moving average has raised concerns, some market watchers believe this is simply a "routine reset" within the ongoing 2025 bull run. Tom Cohen from Algoz Technology points out that a dip under $100,000 would be a major warning sign, though broader economic factors—such as U.S. interest rates and possible policy changes from a Trump administration—could still spark a year-end rally.

Ethereum (ETH) has managed to find short-term support around $3,171, but its recovery remains in question. Based on an

, the altcoin has pulled back from the 100-day EMA at $3,906 and is now consolidating near $3,300. Technical analysis points to a possible brief rebound if stays above $3,171, with a target of $3,593. However, falling below this threshold could send ETH down to $3,017.

Traders using platforms such as

are watching Ethereum’s challenge of the $3,900 resistance, with conflicting signals from failed upward moves and lower trading volumes. Despite some short-term hope, the overall bearish trend remains, and sellers are likely to stay in control unless ETH can reclaim key resistance levels.

Ripple’s XRP has jumped more than 12% in recent days, fueled by a $500 million investment round led by Fortress Investment Group and Citadel Securities, which raised the company’s valuation to $40 billion, according to a

. Additional optimism comes from a partnership with Mastercard, WebBank, and Gemini to use Ripple USD (RLUSD) for fiat credit card settlements, as reported by .

XRP has broken past the $2.30 resistance level, and technical analysis suggests it could reach $2.50, according to a

. However, rising open interest in futures markets points to greater volatility, and ongoing spot outflows show that investors remain cautious—a trend noted by . Experts warn that if XRP drops below $2.16, a deeper correction toward $1.58 could follow.

The overall cryptocurrency market continues to be unstable, with Bitcoin’s market share and global economic factors playing crucial roles. While some analysts believe the current pullback is a normal correction, others warn of steeper losses if major support levels are breached. Institutional interest in XRP and Ethereum’s on-chain activity provide some positive signs, but a lasting recovery will require clearer macroeconomic signals and renewed buying momentum.