XRP commenced trading on November 8, 2025, demonstrating subdued market performance as the digital asset settled at $2.28 following a 2.1% daily decline. The cryptocurrency has recorded a 9.2% weekly downturn, reflecting broader market pressures. Despite these recent setbacks, XRP maintains a substantial market capitalization of $136 billion, supported by $3.33 billion in daily trading volume. The asset’s intraday trading range remained between $2.25 and $2.36, indicating consolidation around current price levels. Technical analysis reveals XRP currently trades 37.6% below its recent peak, suggesting a significant market correction phase. Market analysts are closely monitoring the $2.25 support level, which has proven resilient during recent trading sessions. The current price action represents a critical juncture for XRP, with institutional and retail investors alike assessing whether this represents a temporary consolidation or the beginning of a more sustained bearish trend. Trading patterns indicate mixed sentiment among market participants, with some viewing the current levels as accumulation opportunities while others remain cautious given the recent downward momentum. The substantial trading volume suggests continued strong market interest despite price volatility.
