The post Analysts Expect One More Painful Drop appeared on BitcoinEthereumNews.com. Home » Crypto News The RSI’s bearish divergence supports the analyst’s callThe post Analysts Expect One More Painful Drop appeared on BitcoinEthereumNews.com. Home » Crypto News The RSI’s bearish divergence supports the analyst’s call

Analysts Expect One More Painful Drop

2025/11/08 01:55
4분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다

Home » Crypto News


The RSI’s bearish divergence supports the analyst’s call for XRP to return to $2.05.

‘;
}
function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);
const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);
scriptEl.src = scriptURL.toString();
// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}
function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}
// Initial Load for Desktop
if (window.innerWidth > 768) {
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}
// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}
// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();


Summarize with AI


Summarize with AI

The market may have gotten ahead of itself after the Ripple and Mastercard partnership headlines. Experts have now warned that XRP’s correction remains incomplete despite the brief spike nearing $2.45.

In fact, data points to one more flush lower before any proper relief rally.

XRP’s Double-Bottom Setup

According to crypto market analyst CasiTrades, the brief upside move only pushed the asset into the extreme boundary of where subwave 4 could extend, and the immediate rejection from that level further validated her ongoing count. She found that all candle closes remained below the previous Wave 1 low, preserving the structure and keeping the plan intact.

CasiTrades reiterated that the Wave 3 low at $2.05 still has not been tested sufficiently, and expects the price to return to that region, which also aligns with the Fibonacci macro 0.5 retrace level.

In such a scenario, a final subwave 5 down to $2.05 should complete the Wave 3 structure, after which a larger Wave 4 retracement to around $2.36 is anticipated, followed by a final Wave 5 lower. The analyst said that this could form a double-bottom style support test, creating a cleaner completion to the correction phase.

For now, XRP could target the $2.05 region while the alternative path, which would send price deeper toward the 0.618 retracement, is still technically valid but becoming less likely as more subwaves print. Moreover, the RSI also appears to be aligning with XRP’s revisit to the $2.05 level.

XRP Lost Its Mastercard Rally Almost Instantly

Ripple’s latest push into regulated card settlement rails generated a brief sentiment lift this week, but the price chart now shows the asset has lost those gains. Ripple announced at its Swell 2025 event on Wednesday that it is partnering with Mastercard, WebBank, and Gemini to pilot using its RLUSD stablecoin to settle fiat credit card transactions over a public blockchain.

You may also like:

In the pilot, WebBank, which happens to be the issuer of the Gemini Credit Card, will explore routing Mastercard settlement flows via RLUSD on the XRP Ledger (XRPL), which would be one of the first examples of a US chartered bank settling card payments using a regulated USD stablecoin on a public chain.

The news initially helped XRP notch a mild uptick on November 6th, but it has since reversed. At press time, XRP is trading at $2.18, down roughly 5% over the past 24 hours.

SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source: https://cryptopotato.com/ripple-xrp-bulls-celebrated-too-early-analysts-expect-one-more-painful-drop/

시장 기회
Gensyn 로고
Gensyn 가격(AI)
$0.03274
$0.03274$0.03274
+3.64%
USD
Gensyn (AI) 실시간 가격 차트

SPACEX(PRE) Launchpad Is Live

SPACEX(PRE) Launchpad Is LiveSPACEX(PRE) Launchpad Is Live

Start with $100 to share 6,000 SPACEX(PRE)

면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

No Chart Skills? Still Profit

No Chart Skills? Still ProfitNo Chart Skills? Still Profit

Copy top traders in 3s with auto trading!