After spending the past month trading between $2.70 and $2.06, XRP now sits around $2.40. This performance is noteworthy for a token that has been vying for attention while Bitcoin (BTC) and Ethereum (ETH) have dominated the cryptocurrency headlines.
According to a report shared by TheCryptoBasic, analysts are closely monitoring XRP's performance against both BTC and ETH. They believe that the next significant breakout for the Ripple token will be determined by its ability to establish a strong closing position against these two market leaders.
XRP Price Struggles to Break Key Resistance
Following a strong rebound on November 10, XRP's price closed the day up 6.7% at $2.47. However, it was unable to secure a close above $2.52, a price level that has consistently acted as a ceiling since its last significant decline.
Analyst CryptoInsightUK has indicated that a confirmed close above $2.52 would signify a renewed sense of buyer confidence. Such a move could potentially propel the price towards the next key target of $2.64. Breaking through this zone might then signal the commencement of a new upward trend.
For the present, XRP remains within a critical "decision zone." Within this range, even minor price movements could significantly influence its short-term trajectory.
XRP vs. ETH: The Race to Outperform
The competitive dynamic between XRP and ETH is another major area of focus for market observers. On November 10, XRP came very close to breaking a crucial resistance level at 0.0007102 ETH, reaching a high of 0.0007075 ETH before experiencing a pullback.
This particular price level has been a significant constraint on XRP's growth for several months, making it an important milestone for traders to track closely.
CryptoInsightUK has stated that XRP needs to achieve a daily chart close above 0.00071 ETH to confirm a bullish breakout. He further noted that XRP only needs to outperform ETH by approximately 2.27% to reach this target, a relatively small margin compared to its earlier 7% surge on the same day.
Achieving this would demonstrate that XRP is not only maintaining its stability but is also steadily gaining momentum within the broader market.
After analyzing the ETH pair, he called attention to XRP’s performance against Bitcoin. He also described the setup as a mix of positives and negatives.
— TheCryptoBasic (@thecryptobasic) November 12, 2025
CryptoInsightUK noted that XRP managed to close above all daily candle closes between Oct. 10, when the market crash occurred,… pic.twitter.com/Jy8XN5Yli1
XRP vs. BTC: The Bigger Test
Bitcoin continues to set the overall trend for most cryptocurrency assets, including XRP. According to TheCryptoBasic, XRP has successfully recovered from the losses incurred during October's market crash and has closed above all daily candle levels observed between October 10 and November 11.
However, XRP now faces a significant resistance zone situated between 0.00002436 BTC and 0.00002528 BTC. This level previously served as strong support earlier in 2025. After losing this support in April, briefly reclaiming it in July, and then dropping again in October, XRP must now exert considerable effort to break through this zone.
CryptoInsightUK has stated that XRP requires a close above the 0.000024 BTC to 0.00002531 BTC range to confirm a genuine trend reversal. A close on a higher timeframe, such as the 3-day chart, would further strengthen this signal and could mark a pivotal turning point for Ripple's price trajectory.
Broader Technical Patterns and Outlook
Beyond the immediate day-to-day price fluctuations, some analysts are observing broader technical patterns taking shape. Levi Rietvald, whose insights were also featured by TheCryptoBasic, has highlighted a cup-and-handle pattern on XRP's 3-day chart. The "cup" formation occurred when XRP experienced a decline from $3.4 to $1.6 earlier in the year, followed by a rebound to $3.66. The "handle" is currently forming as a descending channel, within which the token continues to trade.
According to Rietvald's technical analysis, a confirmed breakout from this handle pattern could potentially open a path towards the $5 mark by the end of the year. It is important to note that this represents a technical outlook and not a guarantee, but it adds an intriguing dimension to XRP's current chart setup.