XRP to crash to $2, warns crypto expert

XRP is once again under heavy pressure after breaching critical support levels, with analysts warning that the token could be preparing for a deeper slide toward $2. The move comes after a week of heavy selling that erased billions from the asset’s market value and left traders bracing for further downside. Notably, the token slipped beneath the psychologically important $2.40 threshold on October 16, extending a decline that has already seen XRP tumble more than 14% from last week’s peak at $2.79. XRP 1-week price chart.) October 15, 2025 The caution comes only days after XRP briefly touched the $2 level in a flash crash, raising concerns the market could be on the verge of retesting those lows in a more sustained move. $XRP – Resistance: $2.80 – Support: $2.10 ￰0￱ — Ali (@ali_charts) October 16, 2025 XRP technical picture darkens Market signals appear to support the bearish ￰1￱ has not only broken below the 38.2% Fibonacci retracement level at $2.52 but also lost its 30-day moving average at $2.83, a dual breakdown that underscores weakening ￰2￱ such as the RSI, now hovering near 34, show that sellers remain in control while still leaving room for further ￰3￱ the same time, widening Bollinger Bands and a negative MACD divergence point to growing volatility and downside ￰4￱ to Bitcoin and Ethereum, which are also under pressure amid a broader market sell-off, XRP’s losses have been sharper, amplifying concerns that it may underperform its peers in the near ￰5￱ the token can reclaim the $2.50 area with conviction, analysts warn that the path of least resistance remains ￰6￱ the meantime, the $2 mark, a level that seemed like a flash-crash anomaly only a week ago, is once again back on the radar.