XRP Risks Further Drop if Bulls Fail to Clear This Resistance
XRP is buying and selling beneath stress as the worth holds under key resistance. Analysts are watching the $2.8 stage because the asset struggles effectively under that.
Without a breakout quickly, merchants say the danger of additional losses grows. Technical indicators additionally present momentum turning decrease.
Key Resistance Zones in Focus
XRP is priced at $2.27 at press time, down 6% up to now 24 hours and over 19% within the final week. The present vary places the token just below two necessary value ranges. One is a earlier help close to $2.4, which has become resistance. The asset has failed to transfer again above it in latest weeks.
Another hurdle is the 0.618 Fibonacci retracement, positioned close to $2.8. This stage has held as resistance on previous makes an attempt. Analyst Lark Davis mentioned,
$XRP is dealing with two main resistances proper now
– Previous help (yellow line), now appearing as resistance
– 0.618 Fib proper above itBulls want to punch out a weekly shut above ~$2.8
Otherwise, we might see additional draw back.
Watching intently. pic.twitter.com/jjA6rNovQP
— Lark Davis (@TheCryptoLark) October 16, 2025
He added {that a} failure to achieve this could invite extra draw back.
Moving Averages Show Downside Pressure
A bearish crossover has fashioned on the every day chart. The 50-day shifting common (yellow) has dropped under the 100-day (blue). This sample has appeared 3 times earlier this yr and was adopted every time by sharp declines. The most up-to-date was a 46% drawdown.
XRP stays under each shifting averages. The value construction suggests continued weak spot until consumers step in with quantity. According to Steph Is Crypto, this marks the fourth bearish cross of the yr.
Moreover, the MACD line has now moved under its sign line on the weekly chart. Red bars on the histogram are rising, exhibiting rising draw back momentum. Similar strikes up to now have led to lengthy durations of decrease costs.
The RSI has additionally dropped to 44. That’s beneath the 50 mark that usually separates bullish from bearish territory. It had reached 57 in earlier weeks however has since pulled again. This suggests decreased purchaser energy for now.
Support Levels and Broader Moves
As CryptoPotato lately reported, if XRP fails to maintain above present ranges, merchants are watching $2.1 as the subsequent help. This zone sits simply above the psychological $2 deal with. Below that, consideration shifts to $1.78. If momentum shifts upward, $2.8 stays the resistance to break. A detailed above that will enhance the worth construction and open up $3.
Ripple additionally announced a partnership with Absa Bank in South Africa. The settlement brings Ripple’s custody tech to the establishment’s digital asset operations. Separately, Ripple is working with Immunefi to strengthen safety on its XRP Ledger lending protocol. These strikes proceed the corporate’s push into enterprise and institutional providers.
The publish XRP Risks Further Drop if Bulls Fail to Clear This Resistance appeared first on CryptoPotato.
