Technical analysis by Rocksorgate about Symbol XRP on 11/18/2025

🔥 Hey hey, if your reading this I hope this finds you well. Been a while and figured it'd be good to catch up with things and make a quick analysis on what we're dealing with and looking at on our technical and beyond analysis'. 🔥 The last month or so has seen much of the digital space take on a rather big slump being led by Bitcoin's 14% decline from that $115,000 mark down to the $94-95,000 range. That being said XRP has managed to hold and keep it's gains much better than most others in the space, especially as it holds above that $2.1 mark, even after the flash sale that hit October 10th the asset has held strong. 🔥 It's great to see that price action has been pretty steady, even as we've been dragged down thanks to a descending channel so that's been positive to see the market's resilience through everything. I've set a price alert at $1.95 should we break below that but with tomorrow's XRP ETF launch we may just see things bounce from where we are with bullish optimism, hype. 🔥 Main thing I'll be watching for is the descending channel, mainly looking for bullish confirmation if we reenter the channel and another confirmation would be if we could break out of the channel for a breakout which could help sustain that momentum and help us retest $2.5 and even $3 depending on just how much investors and institutions are willing to buy into the ETF on the opening. 🔥 Definitely won't be easy though, it has also been reported that a whale has transferred roughly $95 Million worth of XRP to Binance within the last few days. Might not mean much but historically speaking more often then not we're use to seeing whales move large quantities off cold storage to the exchanges prior to large events whether it's an ETF or some hype for a project or asset in anticipation of selling some or buying more using leverage depending on which way things lean. So least to say, it'll be a fight this week for bulls and bears. 🔥 Main driver we've got right now for XRP is it's ETF debut's this month with it's first being Canary's Capital funds XRP ETF which saw a record $58 million in volume for the first day setting 2025's ETF debut record. That's been a good boost and with Franklin Templeton's XRP ETF launch today expectations are high for the new investment vehicle so hoping we get some positive price action today. 🔥 Last but not least, much as we love doing our beyond analysis, for our technical we're watching this falling wedge to see if XRP can breakout of that channel and possibly give us the breakout we've been waiting on. If there's ever a day we'd want it, it's today and at the very least this week so keeping track with that and my alert for $2.19 should we reverse and fall further. Either way keep posted and keep your spirits up. 🔥 End of the day, everything works out, just have to trust in the process. Thanks for joining me today and wishing all the best. 🔥 Best regards as always till next time, ~ Rock'