Coinidol.com: The price of XRP has stabilised above the $2.30 support level.
XRP long-term analysis: ranging
XRP reached a low of $1.58 before recovering above $2.30, supported by bullish trading. Over the past week, the cryptocurrency has traded above $2.30 and below the moving average lines, with resistance at $3.00. Buyers have pushed the price closer to the moving average lines, but the $2.60 barrier has held. If these hurdles are overcome, XRP could rebound to $3.40, its previous high.
On the downside, XRP is likely to continue moving sideways above the $2.30 support, as buyers have not managed to break through the barrier and push the price above the moving average lines. XRP is currently trading at $2.42.
Technical indicators:
XRP indicator analysis
The moving average lines remain horizontal, indicating sideways movement. The 21-day SMA is declining below the 50-day SMA support. On the 4-hour chart, the price bars move both below and above the horizontal moving average lines. Doji candlesticks have appeared as the altcoin maintains its range-bound movement.
XRP/USD daily chart – October 21, 2025
What is the next direction for XRP?
The XRP price is trading sideways, above the $2.20 support but below the $2.60 high. The cryptocurrency price fluctuates within a tight range. The altcoin’s price moves both below and above the moving average lines. On the upside, XRP will gain further if it breaks above the $2.60 barrier.
XRP/USD 4-hour chart – October 21, 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.