XRP experienced a significant downturn, decreasing by 7% and trading around $2.25 on November 4th, 2025. This decline coincides with the Ripple Swell event, although there have been no public statements from Ripple executives regarding the price action. Analysts are closely monitoring the situation for potential support levels or further declines in XRP’s market value. While XRP trading around $2.20–$2.26 suggests a 12-month low in realized profits, the absence of notable spillover effects on Bitcoin (BTC) and Ethereum (ETH) suggests some positive recovery potential later this month. Ripple executives remain silent while analysts such as Jason Pizzino highlight historical trends that indicate possible extended bear phases for XRP. His analysis echoes earlier observations suggesting a repeat of past market cycles with multi-year trends, referencing the 2018-2020 period where XRP witnessed a protracted bear market lasting up to 26 months.