NewsBTC
Oct 17, 2025
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XRP Price Declines Below $2.40 Amid Bearish Market Trend

The price of XRP is declining below $2.50, showing bearish signs.

  • XRP has moved lower, now trading below $2.40 and the 100-hourly Simple Moving Average.
  • A key bearish trend line is forming with resistance at $2.40 on the hourly chart.
  • The price spiked below $2.30, forming a low at $2.287 and is consolidating losses.
  • Resistance levels are found at $2.40 and $2.450, with major support at $2.30 and $2.280.

XRP Price

Potential Movements

  • If XRP clears the $2.4670 resistance, it may rise toward $2.50 and possibly $2.550.
  • Failure to clear $2.40 could lead to a decline toward $2.250 or even $2.120 if $2.280 is breached.

Technical indicators show the MACD gaining pace in the bearish zone and the RSI below 50.