Coinidol.com price analysis of XRP coin. The XRP price has dropped significantly, reaching a low of $1.00.
XRP long-term analysis: bearish
Since August 2, the cryptocurrency has been trading sideways between the $3.20 resistance and the $2.70 support. On 4 October, sellers pushed the price below the moving average lines. The bearish momentum broke through the lower price level, dropping to a low of $1.00.
On the downside, the negative momentum has slowed as bulls have bought the dips. XRP has rebounded above the $2.30 support level and continues to consolidate above it. On the upside, XRP will gain if the current support holds. The altcoin will trade above the $2.30 support level but below the moving average lines. XRP is now worth $2.41.
Technical indicators:
XRP indicator analysis
On October 10, XRP declined, leaving a long candlestick tail. The long candlestick tail indicates strong buying pressure at lower price levels. On both charts, the price bars are below the horizontal moving average lines. The 21-day SMA is below the 50-day SMA, confirming the current breakdown.
XRP/USD daily chart – October 12, 2025
What is the next direction for XRP?
The XRP price has risen above the $2.30 support. On the 4-hour chart, the altcoin is trading above the $2.30 support level but below the moving average lines. The upward trend is encountering initial resistance at $2.50. Once this barrier is broken, the altcoin is expected to continue rising.
XRP/USD 4-hour chart – October 12, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/xrp-rises-after-fall/
