According to recent posts from market commentators, XRP has fallen back under pressure as Bitcoin trades near $103,000 and hovers around the $101,000 support level.
A crypto expert, Coach JV, told followers that seeing XRP trade under $2 would be a “blessing” for disciplined buyers.
Reports have disclosed that XRP gave up the $2.5 level and now faces bears that could push it to new lows below $2.
Based on numbers from market trackers, the broader crypto market lost about $350 billion in total value between Nov. 3 and 4. XRP was hit hard in that stretch, falling about 14% to roughly $2.2.
Analysts suggested those who missed buying under $2 might get another chance if current weakness continues. Momentum has been driven by Bitcoin’s pullback, and that pressure has been passed down to many altcoins, XRP included.
Bitcoin under $100K? XRP at $2? What a blessing.
Most see disappointment. The disciplined see accumulation.
This is where the patient become wealthy while others chase green candles later, we’ll already be sitting on house money.
GOD, family, and protection of your ecosystem…
Coach JV pointed out that a drop below $2 would wipe as much as 37% off a position opened at the start of August. For example, a $100,000 stake would be worth about $63,000 in that scenario.
Those are headline numbers that grab attention. Yet the message being pushed by some analysts is simple: a downturn can create low-price buying opportunities.
After the collapse from $3.30 in January 2018, XRP stayed mostly between $0.3 and $0.7 for seven years, until the rally in November 2024 reopened the market for large gains.
According to JV, patient accumulation during weak patches is what separates winners from those who chase rallies later. He wrote that when others are chasing green candles, early accumulators are often already sitting on gains.
This is a common refrain among crypto traders, and it was echoed by other figures in the XRP community. Reports have also recorded that the phase where XRP traded under $1 closed after the 2024 rally, and many now watch the $2 area closely for fresh entries.
Meanwhile, Egrag Crypto, another analyst focused on XRP, said the long-term chart still looks bullish. He flagged data distortion on Oct. 10 across exchanges like Binance, Bitstamp, and Coinbase, and he identified $1.4 as that date’s low.
That low was noted in his analysis, and he argued that higher-timeframe structure hasn’t been broken. His tone was confident, even as he admitted short-term pain.
Featured image from Unsplash, chart from TradingView
