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Breaking News: Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000
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Breaking News: Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000

XRP’s Low Price Isn’t A Problem—It’s Actually A ‘Blessing’, Finance Expert Says

Christian Encila
Christian Encila
Last Updated: November 6, 2025 11:30 am
3 mins read
XRP

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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.

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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.

XRP Drops Near Key Support

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 (@Coachjv_) November 4, 2025

Market Moves And Historical Context

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.

XRPUSD currently trading at $2.32. Chart: TradingView

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.

Opportunity For The Patient

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.

#XRP – Micro Wick 1 ($10) & Macro Wick 2 ($50):

First of all, imagine waking up after a market bloodbath 😤 and still writing this post with zero fear 😎, because on the higher timeframes, nothing has changed! It’s just your emotions playing games on you.

📖 Step 1: Read This… pic.twitter.com/LrlZf5eMB9

— EGRAG CRYPTO (@egragcrypto) November 5, 2025

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.

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Technical Views Remain Bullish On Higher Timeframe

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

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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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