XRP Faces Sharp Decline Amid Liquidations, But Pundits Say “This Week Changes Everything”

XRP is facing renewed pressure this week after the Oct. 10 flash crash triggered record liquidations across the crypto ￰0￱ token plunged nearly 40% intraday before rebounding, now hovering between $2.20 and $2.60 as traders assess what’s ￰1￱ Reading: Is The XRP Bottom In? Top Crypto Analyst Turns Ultra-Bullish Despite heavy whale selling and lingering volatility, market analysts insist that “this week could change everything” for XRP, with key ETF decisions and regulatory milestones approaching that could redefine its long-term outlook. XRP's price trends to the downside on the daily chart.), yet the torrent slowed after Oct. 11, helping price stabilize.

Technically, bulls need a daily close back above $2.80–$3.00 to neutralize the short-term downtrend; lose $2.20, and the next magnet sits near $1.80. Notably, Ripple’s RLUSD stablecoin held its peg through the chaos, an institutional-friendly datapoint that underscores XRPL’s operational resilience under ￰2￱ Heat Up as XRP ETF Window Nears Currently, futures open interest eased, but options activity surged triple-digits, signaling traders are bracing for larger ￰3￱ ratios remain skewed long on major venues, fertile ground for volatility if support ￰4￱ backdrop meets a dense ETF decision window (Oct. 18–25) for issuers including Grayscale, 21Shares, Bitwise, Franklin Templeton, and ￰5￱ point out that the SEC’s shortened 75-day review is a sign of an accelerated process, even as macro cross-currents (tariffs, growth jitters) complicate risk ￰6￱ clarity also looms large as courts have affirmed XRP isn’t a security on secondary markets, removing a structural overhang that kept many institutions sidelined last ￰7￱ Would Flip the Trend With the XRP price below the 20/50/100-day EMAs and the Supertrend still bearish, momentum remains ￰8￱ need: Price confirmation: Reclaim $2.80–$3.00 with rising spot volume to target $3.50–$3.80.

Flows confirmation: Net ETF inflows and calming options skew to validate ￰9￱ calm: Softer tariff rhetoric and benign data to reopen risk ￰10￱ absent, a break below $2.20 risks a deeper corrective leg toward $1.80, with tail-risk bears eyeing $0.75 in a severe macro ￰11￱ Reading: Is Bitcoin About To See A Repeat Of 2020-2021? What Happened After The Last Flash Crash Nonetheless, the institutional narrative is intact as RLUSD’s stability, CBDC/RWA conversations tied to XRPL, and a maturing compliance toolset all support longer-term adoption. That’s why some analysts insist “this week changes everything”, if regulatory catalysts align, XRP’s next leg higher could ￰12￱ image from ChatGPT, XRPUSD on Tradingview