XRP is trading around $2.41, up slightly over the past 24 0 the price remains within a defined range, recent signals from several market watchers suggest a possible shift in direction. However, the likelihood of a correction appears firmer at the 1 Setup Suggests Room for Upside XRP continues to move within an ascending channel that has held since late 2 to ChartNerd, the asset is currently testing support at the lower end of that channel, near $2.40. On the weekly chart, the MACD histogram shows a series of higher lows, even as the price trends sideways—often read as a sign of building momentum. $XRP is showing signs of a bullish reversal on the 3 support awaits below, with HLs on the weekly MACD, and SRSI levels in oversold territory. $5 is the first move of many on the next impulse.
I believe XRP will front-run within the bluechips category – #NFA 4 — ChartNerd (@ChartNerdTA) October 23, 2025 The Stochastic RSI has dropped into oversold territory, printing a level of 5 setups like this have preceded upward moves, though confirmation is still 6 said the first upside target in this scenario sits around $5, in line with the channel’s top range. Near-Term Pressure Still in Play While long-term signals look constructive, short-term charts show continued 7 Ali Martinez shared a bearish view, noting that XRP has broken below a key support at $2.60. The current setup shows lower highs and lower lows, which supports a possible retest of $2.00. “$XRP continues to 8 key target sits at $2,” Ali 9 the price reclaims the $2.60 level, the short-term structure leans 10 range is also consistent with levels where buying interest returned earlier this year.
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