XRP Price Forecast for November 25

Ripple’s XRP is currently trading near $1.40, down more than five percent, along with other top cryptocurrencies. Bitcoin has also dropped below $98k. XRP recently surged briefly before pulling back when it hit the $1.60 to $1.70 resistance zone.

According to Crypto World analyst Josh, XRP faced rejection at the $1.60 to $1.70 resistance zone after breaking above the $1.30 Fibonacci level. It’s currently struggling to break through this level, with support found around $1.30, aligning with the 78.6% Fibonacci retracement. If it stays above $1.25, the bullish outlook remains intact.

The pullback seen in the past day is seen as a healthy correction before potential upside movement. Breaking below $1.25 could signal a drop to $1.00 as the next major support level. If XRP breaks above $1.70 and confirms it as support, the next target could be $2.00.

Overall, the market cycle is natural, and the current correction is considered healthy by the analyst. Stay tuned for further updates on XRP’s price movements.