Aayush Jindal
Key Highlights
- XRP price started a fresh decline and settled below $2.00.
- A major bearish trend line is forming with resistance at $2.080 on the 4-hour chart.
- Bitcoin extended losses below $90,000 and might struggle to recover.
- The US total nonfarm payroll employment changed little in November 2025 (+64,000).
XRP Price Technical Analysis
XRP price saw a sharp decline from the $2.20 zone. It tumbled below $2.10 and $2.00 before the bulls took a stand.
Looking at the 4-hour chart, the price settled below the $2.00 handle, the 100 simple moving average (red, 4 hours), and the 200 simple moving average (green, 4 hours). It traded as low as $1.8507 on TitanFX and recently started an upside correction.
The price spiked above $1.90 after the US NFP release. There was a test of the 23.6% Fib retracement level of the downward move from the $2.1768 swing high to the $1.8507 low.
On the upside, the price might face resistance near $1.9750 or the 50% Fib retracement level of the downward move from the $2.1768 swing high to the $1.8507 low. The next major resistance is $2.050. The main resistance could be $2.10. There is also a major bearish trend line forming with resistance at $2.080.
A successful close above the $2.10 level might spark a decent increase. In the stated case, the price may perhaps rise toward the $2.20 level. The next stop for the bulls may perhaps be near the $2.320 level.
If there is a fresh decline, the price might find bids near the $1.850 level. The first major support is near the $1.80 level. Any more losses might reverse the recent recovery and push the price toward $1.7250.
Economic Releases
- Fed's Waller speech.
- Fed's Williams speech.
- Fed's Bostic speech.
