The post Will Key Support at $1.75 Protect the XRP Price From More Losses? appeared first on Coinpedia Fintech News
The XRP price has faced one of its toughest months in recent history, with November delivering sharp market-wide declines. As XRP price today hovers near $1.91 after steep losses, traders are closely watching technical signals and fresh catalysts that may influence the next major move on the XRP price chart.
XRP Slides as Market Suffers Its Harshest Month
The broader cryptocurrency market has endured severe double-digit declines in November, and XRP crypto has been no exception. Over the past week alone, the XRP price USD dropped more than 15% and briefly fell below $1.90.
This correction has now pulled the token nearly 50% lower from its July all-time high. Despite the weakness, the market structure remains closely monitored due to emerging technical and fundamental developments that could shift the trend.
TD Sequential Flashes Buy Signal
Interestingly, the TD Sequential indicator has flashed a buy signal. This historical behavior is now drawing traders’ attention as the XRP price prediction narrative evolves.
Adding to this setup, 1.80 billion XRP was previously accumulated around the $1.75 level, forming a major support zone where buyers may attempt to defend the trend.
Now, the XRP price forecast now depends heavily on whether the token can maintain stability above this critical range.
XRP Price To React Big as Spot XRP ETF Launch Nears
Another element adding potential upside pressure is the launch of Grayscale’s spot $XRP ETF (GXRP), which is scheduled to go live on Monday.
Market observers believe this development could inject fresh bullish sentiment and attract institutional inflows if early demand appears strong.
For traders tracking the XRP price chart, this milestone aligns with a period where market confidence is needed.
XRP Price Shows Exact Pattern Previously Highlighted
Adding more intrigue, the current pullback aligns directly with an older projection that expected XRP to drop to $1.90 before any rally attempt. This setup has now materialized precisely as outlined two weeks ago by Ali Martinez, contributing to renewed optimism.
If the broader bull cycle continues, the XRP price has been highlighted as potentially offering a buying opportunity at $1.90 before targeting higher levels, with the speculative upside reaching toward $6 under ideal conditions.
Although these scenarios remain dependent on market momentum, technical alignment, and the XRP ETF catalyst, the XRP price now sits at a level many traders believe may shape the next directional phase.
