Bollinger Bands Narrowing and KDJ Death Cross on GD Culture Group's 15min chart
ByAinvest
Monday, Oct 13, 2025 12:32 pm ET1min read
GDC--
The move comes as XRP trades around $2.50, following a sharp drop triggered by the broader market crash on October 10. The sudden spike in exchange inflows raises caution that selling activity could increase in the near term, potentially leading to a loss of the $2.50 support level. Analysts project that if profit-taking intensifies, XRP could retreat towards $2.40 and $2.45, with sustained selling potentially pushing it down to $2.20 [1].
Despite these concerns, XRP's technical outlook remains bullish. Pseudonymous analyst Mikybull noted that XRP is displaying one of the most bullish setups in the crypto market as it consolidates below a key Fibonacci resistance after a strong multi-month rally [1]. On the monthly chart, XRP hovers near the 1.272 Fib level ($2.34), a potential breakout zone that could pave the way towards $6.26 and even $21.7 in the long term [1]. The chart also shows a bullish breakout from a multi-year downtrend, now retested as support around $1.38, suggesting a strong base.
At press time, XRP traded at $2.58, up 7% in the past 24 hours but still down 14% over the past week [1]. The next move for XRP will likely depend on whether the broader crypto market maintains its recovery from the October 10 sell-off, which could offset the recent whale-induced selling pressure.
XRP--
Based on the 15-minute chart provided by GD Culture Group, the Bollinger Bands are narrowing, indicating a decrease in the magnitude of stock price fluctuations. Additionally, the KDJ indicator has triggered a death cross at 10/13/2025 12:30, suggesting that the momentum of the stock price is shifting towards the downside and has the potential to further decrease.
XRP's recent attempt to recover towards $3 has encountered a significant challenge following a substantial on-chain transfer. On October 13, 2025, a total of 23,880,253 XRP (worth approximately $62.64 million) was transferred from an unknown wallet to the Binance exchange [1]. This large transaction, often indicative of whale activity, signals potential selling pressure that could weigh on market sentiment and price stability.The move comes as XRP trades around $2.50, following a sharp drop triggered by the broader market crash on October 10. The sudden spike in exchange inflows raises caution that selling activity could increase in the near term, potentially leading to a loss of the $2.50 support level. Analysts project that if profit-taking intensifies, XRP could retreat towards $2.40 and $2.45, with sustained selling potentially pushing it down to $2.20 [1].
Despite these concerns, XRP's technical outlook remains bullish. Pseudonymous analyst Mikybull noted that XRP is displaying one of the most bullish setups in the crypto market as it consolidates below a key Fibonacci resistance after a strong multi-month rally [1]. On the monthly chart, XRP hovers near the 1.272 Fib level ($2.34), a potential breakout zone that could pave the way towards $6.26 and even $21.7 in the long term [1]. The chart also shows a bullish breakout from a multi-year downtrend, now retested as support around $1.38, suggesting a strong base.
At press time, XRP traded at $2.58, up 7% in the past 24 hours but still down 14% over the past week [1]. The next move for XRP will likely depend on whether the broader crypto market maintains its recovery from the October 10 sell-off, which could offset the recent whale-induced selling pressure.
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