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The price of
The drop follows strong criticism from Vibhu Norby, director of the Solana Foundation, who called XRP a “mediocre token” that was “outperformed” by Solana (SOL) in terms of speed, scalability and developer adoption.
I want Ripple and XRP to succeed to an insane degree, so that the entire industry moves forward.
But the fact is that the community does not dispute the facts, even though the data is readily available. And as a long-time engineer and truth seeker, this bothers me.
It’s totally… pic.twitter.com/2U6tOmG8sI
– vibhu (@vibhu) November 1, 2025
The comments reignited the rivalry between the two blockchain communities, with XRP supporters highlighting Ripple’s growing role in cross-border payments and institutional partnerships.
Analysts said the criticism may have fueled short-term selling pressure, although long-term sentiment remains mixed as the networks fight for dominance in real-world financial applications.
This comes as Nate Geraci, president of The ETF Store, said he expects the first spot XRP ETF (exchange traded fund) to launch in the next two weeks.
In the next two weeks, I anticipate the launch of the first spot xrp ETFs…
The SEC engaged in open litigation against Ripple for the past five years, until three months ago.
IMO, the launch of spot xrp ETFs represents the final nail in the coffin of previous anti-crypto regulators.
I’ve come a *LONG* way.
-Nate Geraci (@NateGeraci) November 3, 2025
XRP price on a sustained downtrend
After trading in the $2 range from April to July, the XRP Price entered a parabolic rally, hitting a new all-time high (ATH) around $3.65.
The surge was cemented by the formation of a golden cross, with the 50-day simple moving average (SMA) rising above the 200-day SMA.
However, the Ripple token bulls have taken full control of the price, pushing it into a well-defined bearish channel.
Following this decline, XRP price eventually fell below the 50-day and 200-day SMAs, confirming the overall uptrend.
Meanwhile, the Relative Strength Index (RSI) is signaling a selloff, as it has fallen below the midline of 50, currently at 41. If the RSI maintains this uptrend, the bears could regain control of the price, pushing it to oversold levels around 30.
Additionally, the 50-day SMA is approaching the 200-day SMA. If they cross, the SMAs could form a deadly crossover, which in turn could cause the price to drop even further.
Ripple token price set for 18% drop
Based on the current XRP/USD chart, the price outlook for the Ripple token is bearish in the short term. The formation of a possible death cross generally signals continued downward momentum.
Ripple token price remains in a downtrend, suggesting continued selling pressure.
If the bearish momentum continues, XRP could retest the support zone around $1.95, which represents a downside of around 18% from current levels.
According to crypto analyst Ali Martinez, the price of XRP could rise to $2.25.
$XRP showing signs of weakness. A retest of $2.25 could be next! pic.twitter.com/RMYX15hbRt
– Ali (@ali_charts) November 2, 2025
An extended close below $2.20 could confirm further decline, while a break above the upper channel line near $2.70 could invalidate the bearish outlook and portend a recovery towards $3.00.
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