XRP price hovers near $2.75 support, facing 8-10% drop to $2.50. Onchain data shows strong buyer cluster at $2.45-$2.55. Liquidity compression and ETF catalysts suggest potential expansion. Fractal pattern indicates possible dip to $2.50 before rebound. Break above $2.90 could invalidate bearish setup. Market weakness favors final dip.

Sistine Research predicts XRP nearing significant expansion phase with tight price action. Compression setup suggests sharp breakouts after liquidity build-up. Spot market flows show ongoing battle between buyers and sellers. Franklin Templeton’s XRP ETF decision delayed to Nov. 14. REX/Osprey’s XRPR debuts with $38M volume. Analysts warn of “sell the news” risk.

Read more at Cointelegraph: XRP Faces Another 10% Dip as Bulls Stay Sidelined