According to recent reports from market commentators, XRP has come under pressure again as Bitcoin is trading near $103,000 and hovering around the $101,000 support level.
Related reading
A crypto expert, Coach JV, told followers that seeing XRP trading below $2 would be a “boon” for disciplined buyers.
Reports have revealed that XRP has given up the $2.5 level and is now facing bears that could push it to a new low below $2.
XRP falls near key support
Based on figures from market trackers, the broader crypto market lost approximately $350 billion in total value between November 3 and 4. XRP was hit hard during that period, falling about 14% to around $2.2.
Analysts suggested that those who missed out on a sub-$2 purchase could get another chance if current weakness continues. The momentum has been driven by Bitcoin’s pullback, and that pressure has been passed on to many altcoins, including XRP.
Bitcoin under $100,000? XRP for $2? What a blessing.
Most see disappointment. The disciplined see accumulation.
This is where the patient gets rich while others chase green candles later, we are already sitting on house money.
GOD, family and protection of your ecosystem…
— Coach, JV (@Coachjv_) November 4, 2025
Market movements and historical context
Coach JV pointed out that a drop below $2 would wipe out as much as 37% of a position opened in early August. For example, a $100,000 bet would be worth about $63,000 in that scenario.
These are headlines that attract attention. Still, the message from some analysts is simple: a recession can create buying opportunities at low prices.
After collapsing from $3.30 in January 2018, XRP remained largely between $0.3 and $0.7 for seven years until the November 2024 rally reopened the market to big gains.
Opportunity for the patient
According to JV, the accumulation of patients during weak moments is what separates the winners from those who chase rallies later. He wrote that when others are chasing green candles, early accumulators are often already sitting on profits.
#XRP – Microwick 1 ($10) and Macrowick 2 ($50):
First of all, imagine waking up after a market massacre 😤 and still writing this post without fear 😎, because on the higher time frames nothing has changed! It’s just your emotions playing tricks on you.
📖 Step 1: Read this… pic.twitter.com/LrlZf5eMB9
— EGRAG CRYPTO (@egragcrypto) November 5, 2025
This is a common refrain among crypto traders, and it has been echoed by other figures in the XRP community. Reports also indicate that the phase where XRP traded below $1 closed after the 2024 rally, and many are now closely watching the $2 area for new entries.
Related reading
Technical views remain bullish on higher timeframes
Meanwhile, Egrag Crypto, another analyst focused on XRP, said the long-term chart still looks bullish. He flagged data distortion on exchanges like Binance, Bitstamp and Coinbase on October 10, identifying $1.4 as the low on that date.
That low point was noted in his analysis, and he argued that the upper time frame structure has not been broken. His tone was confident, even as he admitted that he was in short-term pain.
Featured image from Unsplash, chart from TradingView