Technical analysis by The_Alchemist_Trader_ about Symbol XRP: Buy recommendation (11/20/2025)

XRP continues to consolidate above the key $2.00 support, a level that previously produced a strong bounce. Price action is showing signs of forming a pennant-style structure, often a precursor to a major expansion phase. If XRP confirms another bounce from this level, momentum may shift toward a bullish breakout targeting higher resistance zones such as $3.00 and beyond. As long as $2.00 holds, the broader outlook remains constructive. Key Points Price consolidating above major $2.00 support Pennant-style structure beginning to take shape Break above consolidation opens targets toward $3.00 What to Expect If $2.00 continues to hold, XRP may build pressure for a breakout toward $3.00. Losing this level would delay bullish continuation.