XRP News Today: XRP's Fate Hangs on $2.85 as Buyers and Sellers Face Off

XRP continues to trade within a narrow range of $2.82 to $2.88, with traders and analysts closely watching key resistance levels that could determine the token’s next move. According to an analysis by EGRAG CRYPTO, a prominent market commentator on X, the first critical threshold for a potential breakout is a daily close above $2.85. A sustained move beyond this level would signal growing buyer confidence and help reduce uncertainty in the market [1]. However, repeated failures to close above $2.85 have indicated that momentum remains uneven, with selling pressure persistently dragging the token back below short-term resistance [1].

The importance of the $2.85 level is underscored by the fact that it represents a psychological and technical marker for traders. A close above this level would not only reinforce bullish sentiment but also set the stage for a potential test of the $2.90 resistance. Analysts have highlighted that a move above $2.90 would be crucial for establishing a stronger case for upward movement [1]. Despite some positive signs, including intraday highs near $2.88, XRP has yet to maintain any sustained strength above these key levels, remaining in a consolidation phase that reflects broader market caution [1].

Further up the price ladder, the $3.077–$3.13 range is seen as a pivotal area for XRP. A strong close above this zone, especially with increased trading volume, could serve as confirmation of a larger bullish breakout. Such a development could attract more market participants and potentially shift the balance of momentum in favor of buyers [1]. However, at the time of analysis, XRP was trading at $2.81, and without a significant increase in volume and sentiment, the likelihood of reaching this higher range remains uncertain [1].

The current technical indicators also suggest a lack of clear direction. The Average Directional Index (ADX) for XRP is at 20, indicating that the market lacks conviction in either a bullish or bearish trend [2]. This indecision is mirrored in the RSI, which sits at 43, suggesting slightly bearish momentum without entering oversold territory [2]. Additionally, the narrowing gap between the 50-day and 200-day EMAs warns of a potential bearish crossover if downward pressure continues. Traders are generally advised to wait for more definitive signals before taking positions, particularly given the ADX reading's implication of a consolidation phase [2].

Looking ahead, the path for XRP hinges on several key factors. The immediate priority is securing stability above $2.85, a level that would signal improving strength and open the door to a test of $2.90. From there, the next major target is the $3.077–$3.13 range, where a sustained close could mark a turning point for the token [1]. Until these levels are achieved, XRP’s movement is expected to remain characterized by short-lived upward pushes followed by retracements. The broader market environment, including expectations around potential XRP spot ETF applications scheduled for a decision between October 18 and October 25, 2025, could also influence the asset’s trajectory [2].

Source:

[1] Analyst States Key Level XRP Must Surpass for Notable Rally (https://timestabloid.com/analyst-states-key-level-xrp-must-surpass-for-notable-rally/)

[2] XRP Hits a Wall, Solana Slips, and Pump Puffs Its Chest (https://decrypt.co/338176/xrp-hits-wall-solana-slips-pump-puffs-price-analysis/)