XRP Returns to $1.25 as Key Support Could Mark a Potential Bottom

$XRP has returned to the $1.24-$1.25 region, putting the cryptocurrency at a technically important price area that previously served as a major pivot before a strong recovery.

$XRP is trading around $1.25 on Nov. 2, after falling steadily from its late-September highs. The latest pullback has taken the asset back toward a support zone that could determine whether the months-long correction is approaching exhaustion or has another leg lower remaining.

$XRP Returns to the Level That Preceded Its August Breakout

$XRP spent much of April and May trading comfortably above $1.30 before selling pressure intensified in June.

The decline continued through July and eventually pushed $XRP toward the $1 psychological region in August. Buyers responded aggressively from that area, allowing $XRP to recover through $1.10 and eventually reclaim the $1.24-$1.25 zone.

Once $XRP cleared this region, momentum accelerated.

Price rapidly advanced toward $1.50 and temporarily reached approximately $1.70. A later rally again challenged the upper portion of the range, with $XRP approaching the $1.60 area before sellers regained control.

Since then, the structure has changed considerably.

$XRP has produced a sequence of lower highs while gradually surrendering the gains generated during the August rebound. That correction has now returned price to the same $1.24-$1.25 region that previously helped separate the accumulation phase from the stronger advance.

The Crypto Basic has previously identified the $1.25 region as an important $XRP rebound area, while the broader weekly structure also highlighted support extending from roughly $1.22 to $1.34.

Why $1.25 Could Become an $XRP Bottom

The importance of the current level comes from its previous role as resistance.

Before $XRP’s August expansion, the market struggled around the $1.24-$1.25 region. Once buyers decisively reclaimed it, price moved sharply higher.

$XRP is now approaching the same level from above, creating a potential support-resistance flip.

Price traded as low as approximately $1.2414 on Nov. 2, while remaining around $1.25. This places $XRP directly on the potential support rather than confirming that buyers have already established a durable bottom.

The current daily candle also remains unfinished, so the market still needs confirmation.

A sustained defense of $1.24-$1.25 followed by improving price structure would strengthen the case that the correction is bottoming in this area.

This also keeps focus on the $1.26 structural support previously discussed for $XRP.

$XRP Needs to Reclaim $1.30-$1.33

Defending $1.25 would only complete the first part of a potential reversal.

$XRP would next need to reclaim the $1.29-$1.33 region, an area that repeatedly influenced price throughout October.

A recovery above this zone would indicate that the market is beginning to reverse the sequence of lower highs.

Beyond that, $1.40-$1.50 represents the next resistance region, while the larger technical barrier remains around $1.60.

From a starting price of $1.25, a return to $1.60 would represent an advance of approximately 28%.

The bearish scenario is equally straightforward. A sustained break below $1.24 would weaken the potential bottom and increase the risk of $XRP revisiting lower support. The Crypto Basic has previously identified the $1.10 region as an important downside area if large-holder selling persists.

For now, $1.24-$1.25 is the immediate battleground. Holding the zone and reclaiming $1.30-$1.33 would provide the first meaningful evidence that $XRP has established a bottom.