XRP Just Lost $1.35. How Low Can It Go?
Analysts say fading spot ETF demand and heavy liquidations have left XRP vulnerable to a further drop toward $1.25.
- XRP faces persistent resistance near $1.40 while buyers struggle to defend the $1.30 support level, with the token trapped between these critical price points throughout October.
- The 20-day moving average at $1.39 and 50-day average at $1.41 both sit above the current price, acting as overhead resistance that prevents XRP from reclaiming its $1.49 October opening.
- Spot XRP exchange-traded funds recorded zero net inflows on October 19 and 20, with these funds holding $1.5 billion in assets but showing sharply declining institutional demand.
- Bitcoin trades at $83,316, and since XRP often follows its trend, further sell-offs could push XRP toward its October low of $1.255, amplifying downside pressure.
- Analyst Ali Martinez identifies $1.42 and $1.60 as conditional recovery targets, though achieving these levels may require Spot XRP ETF inflows to rise back above $20 million daily.
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BizTocXRP Just Lost $1.35. How Low Can It Go?
XRP has cracked through two support levels in quick succession, and with no established floor between here and its August low, the next few daily closes could set the tone for months to come.
XRP price slides below $1.32 as analyst eyes $1.25 rebound zone
XRP price has fallen toward $1.31 as daily momentum weakens, while analyst Ali Martinez sees a possible test of $1.25 before a rebound toward $1.42 or $1.60. TradingView’s Binance XRP/USDT charts placed the token around $1.317–$1.318 on Oct. 15, following…
How XRP Rode Leverage to $1.60 and Then Lost $610 Million in a Single Session
XRP activity shows how leverage helped drive its recovery toward $1.60 before a reversal led to more than $610 million in liquidations. Throughout September and early October, XRP's price recovery coincided with a steady increase in futures open interest.Visit Website
XRP Death Cross Confirmed at $1.37
XRP formed a death cross on the daily chart as the 50-day average fell below the 200-day average near $1.37. The token now trades at $1.30, with key support identified at $1.25 and resistance at $1.40. Read the original on XRP Death Cross Confirmed as Price Slides to $1.30. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
XRP costs 1.29 dollars on Saturday evening and is thus at the lowest level in 30 days. Those who want to know how solid this ground is today do not look at the spot market, but at the future market: There are 3.92 billion dollars in open, indefinite futures, calculated over 120 contracts of all exchanges. Measured by the stock market value of 81.5 billion dollars, this is 4.8 percent. Evidenced by this is two things: The share is close to 4.2 pe…
CryptoTendence XRP shows bass signals despite entrances to its ETF and outflows from exchanges. We analyze supports and resistances. The entry Coming a big drop for XRP? Pressure increases in the middle of mixed signals was first published in CryptoTendencia.
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