XRP Support Test Could Decide Whether Recovery Is Delayed by Months

XRP is approaching a support test that could preserve its developing bullish wave structure or force a deeper reset, potentially extending the recovery process by months. The November 12 Coinbase hourly snapshot places XRP near $1.0334, following a decline beneath the $1.0860–$1.0912 Fibonacci support cluster. Attention now shifts to the psychological $1 level and the nearby $0.9855 retracement endpoint. A successful defense of that area could keep the current subwave-two scenario intact. A deeper decline toward $0.90 would require reassessing the smaller wave structure, even if the broader bullish framework survives. XRP Has Already Lost Its Fibonacci Support Cluster Two separate retracement measurements converge near $1.09: the local 0.854 level at $1.0860 and the macro 0.786 level at $1.0912.

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