{"id":36476,"date":"2025-11-07T09:00:57","date_gmt":"2025-11-07T09:00:57","guid":{"rendered":"https:\/\/cryptd.in\/xrp-price-correction-is-far-from-over-bearish-divergence-signals-potential-revisit-to-2-05\/"},"modified":"2025-11-07T09:00:57","modified_gmt":"2025-11-07T09:00:57","slug":"xrp-price-correction-is-far-from-over-bearish-divergence-signals-potential-revisit-to-2-05","status":"publish","type":"post","link":"https:\/\/cryptd.in\/tr\/xrp-price-correction-is-far-from-over-bearish-divergence-signals-potential-revisit-to-2-05\/","title":{"rendered":"XRP Price Correction Is Far From Over: Bearish Divergence Signals Potential Revisit To $2.05"},"content":{"rendered":"<p>Over the past month, the XRP price has experienced a significant decline, with its price dropping by 23% amid mounting selling pressure following the crypto market crash on October 10. Some analysts are now suggesting that the altcoin\u2019s correction is not yet complete.\u00a0<\/p>\n<h2>A Retest Of Key Fibonacci Level On The Horizon<\/h2>\n<p>Market expert Casi Trades recently shared insights on social media site X (formerly Twitter), <a href=\"https:\/\/x.com\/CasiTrades\/status\/1986456829279256999\" target=\"_blank\" rel=\"noopener nofollow\">indicating <\/a>that enthusiasm surrounding the recent partnership announcement with Mastercard may have been premature.<\/p>\n<p>During the Ripple Swell 2025 event in New York, the company unveiled a new collaboration with Mastercard, WebBank, and crypto exchange Gemini to test its RLUSD stablecoin as a means of settling credit card transactions.\u00a0<\/p>\n<p>The announcement initially propelled the XRP price toward the $2.41 mark. However, this surge was short-lived, and the price quickly retraced. It maintained its trajectory below the previous <a href=\"https:\/\/www.newsbtc.com\/breaking-news-ticker\/bitcoin-price-falls-under-100000-elliott-wave-analysis-forecasts-decline-to-70000\/\" target=\"_blank\" rel=\"noopener \">Fibonacci Wave 1 low<\/a>, as seen in the chart below.\u00a0<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-850530\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/G5FP2AuWEAEZ7nh.jpg?w=860&amp;resize=860%2C616\" alt=\"XRP price\" width=\"860\" height=\"616\" loading=\"lazy\" \/><\/p>\n<p>Casi Trades noted that this price rejection reinforces the belief that the Wave 3 low at $2.05 has not been adequately tested. She anticipates that the XRP price will likely trend downward toward this Fibonacci level to complete the subwave 5 of Wave 3.\u00a0<\/p>\n<p>Additionally, the <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-price-poised-for-a-bullish-november-key-catalysts-that-cant-be-ignored\/\" target=\"_blank\" rel=\"noopener \">relative strength index<\/a> (RSI) supports this bearish outlook, indicating a divergence at the recent price high and suggesting a retest of the lower trendline is imminent.<\/p>\n<h2>XRP Price Poised For An Explosive 2,155% Increase?\u00a0<\/h2>\n<p>Despite the current bearish sentiment, some analysts maintain bullish projections for the XRP price. Egrag Crypto recently remarked that the ongoing price formation resembles a range rather than a straightforward ascending wedge or rectangle.\u00a0<\/p>\n<p>Based on measured moves, projections <a href=\"https:\/\/x.com\/egragcrypto\/status\/1985963332801634578\" target=\"_blank\" rel=\"noopener nofollow\">suggest <\/a>that the altcoin could reach a new all-time high around $10. If this is indeed Macro Wave 2, the anticipated Wave 3 could be 1.618 times the length of Wave 1, potentially placing targets between $14 and $25.<\/p>\n<p>Moreover, the analyst pointed out the growing speculation that XRP will revisit its $0.77 wick on Binance. However, Egrag countered these discussions, noting that the altcoin could also reach the $50 \u201cwick\u201d observed on the Gemini crypto exchange.\u00a0<\/p>\n<p>While some believe the Binance wick to $0.77 must be filled, Egrag argues that ignoring the potential for XRP to hit $50 is a mistake, especially if <a href=\"https:\/\/www.newsbtc.com\/crypto\/caution-in-the-crypto-market-expert-warns-of-bearish-phase-unfolding-this-november\/\" target=\"_blank\" rel=\"noopener \">market symmetry <\/a>comes into play.\u00a0<\/p>\n<p>The analyst concluded his thesis by stating that this cycle could see the XRP price reaching that $50 level as the market undergoes its \u201cfinal blow-off phase.\u201d This would imply a major 2,155% uptrend ahead for the altcoin\u2019s price.\u00a0<\/p>\n<p><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/0jhjmRVY\/\" alt=\"XRP price\" width=\"1814\" height=\"928\" loading=\"lazy\" \/><\/p>\n<p>When writing, XRP trades at $2.22, still recording gains of 318% year-to-date, according to CoinGecko <a href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\" target=\"_blank\" rel=\"noopener nofollow\">Veri<\/a>.\u00a0<\/p>\n<p>Featured image from DALL-E, chart from TradingView.com\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>Over the past month, the XRP price has experienced a significant decline, with its price dropping by 23% amid mounting selling pressure following the crypto market crash on October 10. Some analysts are now suggesting that the altcoin\u2019s correction is not yet complete.\u00a0 A Retest Of Key Fibonacci Level On The Horizon Market expert Casi [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":36478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-36476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>XRP Price Correction Is Far From Over: Bearish Divergence Signals Potential Revisit To $2.05 - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/tr\/xrp-price-correction-is-far-from-over-bearish-divergence-signals-potential-revisit-to-2-05\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Price Correction Is Far From Over: Bearish Divergence Signals Potential Revisit To $2.05 - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Over the past month, the XRP price has experienced a significant decline, with its price dropping by 23% amid mounting selling pressure following the crypto market crash on October 10. 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