XRP Holds Near $1.39 After Losing the 50-Day Moving Average

XRP price is holding near $1.39 on Friday after losing its 50-day moving average, the first daily trend reference to give way on the slide out of the late-September range. Aggregator data put the token near $1.39 on Oct. 9, capping a seven-day decline of 7.6% that unfolded inside a $1.32–$1.53 band. A 4.5% recovery over the past 24 hours has steadied the tape, and our live monitoring reads the spot price at $1.3868, up 0.8% on the day, with market capitalization near $87.6 billion. Weekly chart data shows the steeper calendar-week version of the same slide: an 8.56% retreat from an opening print of $1.5205, a weekly high of $1.5310 and a low of $1.3189. On the daily chart the 50-day average sits at $1.4336, leaving the token roughly 3% beneath it after the retreat from the $1.50–$1.60 area it occupied in late September; the 200-day average holds at $1.2805, still below spot. Momentum confirms the weaker backdrop: daily Bull Bear Power prints at minus 0.1331, far softer than the August surge on the same chart, while the weekly ADX has eased to 27.46 from readings above 30 and the weekly Murrey Math pivot at $1.5625 marks where the last recovery stalled. Derivatives data fills in the levels overhead and below: one-week liquidation heatmap records show concentrated bands at $1.43–$1.44, further clusters near $1.46–$1.48 and the brightest persistent cluster around $1.53–$1.54, with bands near $1.35–$1.37 just under the rebound. The chart's nearest support and resistance references therefore frame a tight corridor: reclaim roughly $1.43, or test the weekly low near $1.32. Participation thinned into the move, with our overnight coverage logging an XRP Ledger payments slump as the token slid.

The nearest dated catalyst sits just off the charts. Evernorth, the XRP-focused treasury company, put its postponed Nasdaq debut down to an administrative delay and moved the expected XRPN trading start from Oct. 8 to Oct. 12. The company's update said the business combination should close on Friday, Oct. 9, provided customary closing conditions are met, and that Evernorth would hold about 473 million XRP once the deal completes. A close on schedule would convert the treasury into a listed entity before XRPN begins changing hands on Monday, Oct. 12. A Nasdaq listing would hand U.S. equity investors share-based access to an XRP treasury vehicle, a lane where our earlier coverage found spot XRP ETF investors already sitting roughly 13% underwater. Two other developments run alongside the tape. The XRP Ledger's official release notice describes version 3.4.1 as an emergency security patch, with its amendment set to activate on Oct. 9 if validator support holds; servers running older versions will drop out of sync once it goes live, and the security-sensitive source code will be published after activation. Ripple also announced on Oct. 6 that Ripple Prime would deliver brokerage, financing and clearing coverage for Brevan Howard's funds, an investment manager whose assets the announcement put near $35 billion, the latest in a string of institutional deals that have so far failed to lift price. None of the three has moved the chart yet: the token still trades beneath the average it lost this week, and the Oct. 12 debut is now the next dated event on the calendar.

Our composite scoring frames the corridor the daily chart implies. The strongest support level sits at $1.3559, scored 100 out of 100 where the 100-day and 200-day EMAs, the pivot point and the Ichimoku cloud top converge; resistance at $1.4411 carries the same 100 out of 100, built on the 50-day SMA and the R1 pivot. Spot at $1.3868 trades between them with an RSI of 42.13, a bearish MACD signal and a sideways trend read. Positioning leans to one side: the perpetual contract trading funding rate prints at minus 0.0052%, and the long/short account ratio of 2.69 leaves 72.9% of accounts long, the crowd that would fund a squeeze through $1.4411 or absorb a break of $1.3559. Either resolution sets the tone for broader altcoin sentiment, which reads 59 out of 100 on the Fear and Greed Index, and the live XRP technical analysis page tracks both thresholds.