The cryptocurrency market is once again under pressure. On November 4, 2025, the total market capitalization fell by more than 4% to $3.45 trillion. Bitcoin dropped below $104,000, while altcoins like XRP fell 6% to around $2.25. Bitcoin’s dominance has climbed above 60%, showing that most of the capital is flowing away from altcoins as leveraged positions unwind and profit-taking continues.

XRP Struggles to Hold Key Levels

XRP’s chart still points to more downside in the short term. The price failed to hold above the $2.68 to $2.84 range and was rejected again, keeping pressure on the market. Immediate resistance now sits between $2.42 and $2.51. As long as XRP stays below these levels, the chance of further decline remains strong.

The token is trying to hold near $2.31, a previous support zone, but there has been no clear sign of recovery. If XRP fails to hold above $2.00, the next likely supports sit near $1.77 and $1.72.

Crucial Support Zone Ahead

The $2.00 area is now seen as the line that separates a possible rebound from a deeper fall. If XRP can hold above this level, it might build a base for recovery when market sentiment improves. A break below it, however, could trigger a sharper drop toward $1.70.

What to Watch Next

Many in the community say XRP is simply following its natural price structure and wave movement. However, XRP must push above $2.50 in the near term to relieve selling pressure. A sustained move above $2.68 to $2.84 would signal a possible recovery. Until then, the trend remains weak, and all eyes are on whether the $2.00 zone can hold during the ongoing crypto correction.