According to The Crypto Basic, XRP must hold a critical support level at $2.31 to confirm a potential reversal amid recent price swings and significant liquidation events. As of November 14, 2025, XRP has dropped 7.8% in the last 24 hours, trading at $2.31 after a high of $2.52. The price aligns with the 0.382 Fibonacci retracement level, and a break below $2.31 could push it toward the $2.21 support. Technical indicators show bullish momentum, with the MACD line above the signal line and a positive histogram. Liquidation data from Coinglass reveals $28 million in XRP positions liquidated in the past 24 hours, with longs dominating at $24.94 million.
XRP Price Analysis: Key Support at $2.31 Crucial for Potential Reversal
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