The XRP price is attempting to resume its downward movement after facing rejection at the $2.60 high. XRP price analysis by Coinidol.com.
XRP long-term analysis: bearish
Since the drop on October 10, the cryptocurrency has been trading above the $2.30 support but below the moving average lines. On October 13, bullish momentum was halted at the $2.60 high, resulting in a range-bound movement, as Coinidol.com reported previously.
Currently, XRP is falling towards its support at $2.30. If XRP falls and remains above the $2.30 support level, it will be confined to range-bound trading. If the current support fails, XRP may decline further to lows of $2.20 and $2.00. XRP is now valued at $2.43.
Technical indicators:
XRP indicator analysis
The price bars remain below the horizontal moving average lines, indicating a sideways trend. Doji candlesticks have formed as the altcoin continues its range-bound movement. The price bars are now below the downward-sloping moving average lines. The 21-day SMA is below the 50-day SMA, indicating a current decline.
XRP/USD daily chart – October 15, 2025
What is the next direction for XRP?
The XRP price is currently oscillating above the $2.30 support but below the resistance at $2.70. Doji candlesticks dominate the price bars, slowing price movement within the limited range.
Now, the cryptocurrency price is falling towards the $2.30 support after being rejected at its recent high. XRP will continue to trade within its current range until a clear trend emerges.
XRP/USD 4-hour chart – October 15, 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.