XRP latest news: Sideways action expected as oversold signals persist below MA-50
XRP (XRP) is currently trading at $2.8537, down 0.91% on the day. The token sits below both the MA-20 at $2.9662 and the MA-50 at $2.9941, but remains above the MA-200 at $2.5344, highlighting short- and medium-term selling pressure while long-term support is still holding.
Highlights
- XRP trades at $2.8537, down 0.91% on the day, below its MA-20 ($2.9662) and MA-50 ($2.9941) but above the MA-200 ($2.5344).
- The SEC-approved XRP spot ETF launched in the U.S. with $37.7 million first-day trading in 2025, boosting regulatory clarity and institutional interest despite high September volatility and an $11 billion market cap drop.
- Technical momentum remains mixed, with bearish oscillators and a likely sideways trade in the $2.7973–$2.8204 range; a close above $2.94 is required to target $3.00, otherwise a drop toward $2.53 is possible.
Institutional interest rises amid ETF launch and regulatory clarity
The approval and launch of the first SEC-approved XRP spot ETF in the United States, which debuted with $37.7 million in first-day trading and marked the largest crypto ETF launch of 2025, has given regulatory clarity and fueled renewed institutional interest. Ripple’s recent resolution with the SEC and the global listing of multiple XRP ETPs have increased market confidence further, while upgrades to the XRP Ledger and new partnerships have expanded XRP’s reach in DeFi and cross-border payments. September 2025 also saw high volatility and an $11 billion drop in market cap, driven by ETF flows, on-chain activity, and competition from other payment protocols.Mixed momentum signals as price tests major resistance and support
Technically, XRP holds above its long-term MA-200 support at $2.5344 but remains under pressure below the MA-20 and MA-50. Nearby dynamic resistance stands at the Ichimoku Kijun around $2.9417, while immediate support is near $2.5344. Momentum signals are mixed: the daily MACD is bullish but the ADX suggests a weak trend, and RSI at 36.84 alongside a CCI of –117 reinforce oversold conditions. Stoch RSI and the Awesome Oscillator support a short-term bearish scenario, while the BBP points to intraday seller control, with oscillators showing no consensus on a swift reversal.Sideways trading likely as upside limited by weak momentum
Over the next five trading days, the most likely scenario is for XRP to fluctuate sideways in a corridor above $2.80, within a range of $2.7973 to $2.8204. The odds of an upward move are low, under 20%, and a sustained recovery requires a close above $2.94 to target $3.00. Unless momentum shifts, continued decline is more probable, especially if support at $2.80 falters — which could open up a move toward the long-term MA-200 near $2.53.Latest XRP News
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