XRP price prediction: Can $1.23 support prevent another November decline?

XRP price has remained near $1.25 at the beginning of November, even as U.S. spot XRP exchange-traded funds reportedly attracted fresh investments during October’s cryptocurrency market decline. Summary XRP price traded near $1.25 on November 2, following a monthly decline of nearly 16%. U.S. spot XRP ETFs reportedly attracted $18.83 million in October, their seventh consecutive positive month. Technical indicators remain bearish, with immediate support at $1.2323 and resistance near $1.2999. Analyst Carolina identified historically weak monthly RSI readings but said a recovery would require stronger buying activity. EGRAG Crypto’s historical analysis found that seven of the past 13 Novembers ended negative for XRP. According to crypto.news price data, XRP traded around $1.25–$1.26 on November 2, with daily prices ranging between $1.24 and $1.26. The cryptocurrency has lost roughly 15% over the past month, leaving investors watching whether its recent sideways movement can develop into a recovery. Despite the weakness, October’s reported ETF inflows suggest that some investors continued adding exposure through regulated investment products. XRP ETFs attract $18.83 million despite O...