AdvertiseFee Deal Desk

Price Moves

XRP Tests $1.25 Support After Slide Beneath 200-Day Average

XRP traded at $1.2995 beneath the 200-day moving average near $1.375, with the $1.25 support set to decide whether the October slide extends toward $1.15.

Be a creator
October 21, 2026, 01:49 AM UTC7 min readUpdated
AI SummaryAI
  • XRP rose from about $1.00 in August to a peak near $1.70, roughly 70%.
  • A second September advance stalled near $1.65 before the October decline.
  • Support near $1.25 held last week; a break targets $1.15, then $1.07.
  • RSI near 40 and falling volume show weak momentum close to oversold.

Update 10:31 UTC: In a newer reading, the token is quoted at $1.35 following a 4.5% jump, a level that places it above both the $1.335 average and the wider ceiling the session had drawn beneath the 200-day line.

XRP Boxed Between $1.25 and $1.375

XRP ended the first hours of Wednesday boxed between two edges: support near $1.25 underneath and a stack of moving averages above, with the token quoted at $1.2995 in the reading taken at 00:01 UTC. The position is tight. The 200-day moving average near $1.375 sits directly overhead, and a second average near $1.335 lies just beneath it. Both have acted as resistance on the way down. Two further lines between $1.38 and $1.41 complete the ceiling, so the short-term structure offers no clear route higher. The cluster is dense: four averages occupy the space between $1.335 and $1.41, a band of roughly 6% above the price. Below, the recent low near $1.25 is where buyers stepped in last week, and it stands as the first and nearest line of support. Past that line the map thins out quickly: $1.15, then $1.07, where the market found footing over the summer. The route back above the band runs through $1.335 first, then the 200-day average. A daily close over the 200-day line would be the strongest signal available that the decline has ended, which is why bulls watch $1.375 rather than the round number beneath the price. Neither trigger has printed yet. Until one does, the price drifts inside the band rather than through it. The gap between the edges is narrow enough that a single daily close can cross it in either direction. Volume fell through the decline, so sellers are not pressing hard, though buyers have stayed away as well. Sellers own the trend above; buyers own the floor below. For anyone mapping the session, the chart reduces to three numbers: $1.25 below, $1.335 and $1.375 above, with the token drifting between them.

The decline behind this position started earlier. XRP rose hard in August from around $1.00 to a peak near $1.70, a gain of roughly 70% that gave the chart its bull market shape for the quarter. A second advance in September stalled near $1.65, and the token has drifted lower ever since. October carried the price beneath the 200-day average near $1.375 and the line at $1.335, turning both into resistance. The blue and cyan averages between $1.38 and $1.41 sit above those in turn. The fall has been steady rather than violent, a sequence of lower steps across the month. Each line the price crossed has capped every rebound attempt since. Volume has dropped along the way, which means sellers are not aggressive, but buyers are also staying away. That mix, falling volume against a falling price, keeps the decline measured rather than panicked. The RSI near 40 is weak and close to oversold, so momentum stays negative even though a quick bounce could arrive at any time. The decline has erased roughly a quarter of the token's price from the $1.70 high to $1.2995. Bulls want $1.335 back first, then $1.375. A close above the 200-day average would be the confirmation they want that the fall is finished. A daily close beneath $1.25 is the sellers' trigger, opening the route to $1.15. Last week's low near $1.25 drew the only visible buying of the month. Neither side has printed its trigger this week. Between those triggers, the token sits in a weak spot beneath every average that matters over the short term, with the $1.25 support left to decide the next move.

The $1.25 line now matters beyond XRP itself. XRP trades at $1.2995, and the same October weakness that pushed the token under its averages has left Shiba Inu, Tron and Solana hovering at their own key supports, with sellers unable to build momentum as volume shrinks across the four assets. In that wider picture, the XRP dip zone near $1.25, where buyers last stepped in, stands out as the level that decides the next move: holding it keeps the correction contained, while a break would shift attention to $1.15 and then $1.07. With the RSI near 40 and approaching oversold, a relief bounce remains possible, but no buying appetite has yet replaced the fading selling pressure.

An updated market snapshot puts XRP back inside the band, with the token quoted at $1.33 in the CoinGecko reading taken at 05:05 UTC, above the $1.2995 print the earlier session recorded and a touch over the $1.335 line. The wider list behind it keeps the correction in perspective: Bitcoin sits at $82,728, 34.4% beneath its all-time high, and Ethereum at $2,443, down 50.6%, so XRP's 63.6% drawdown from its peak remains among the deepest of the five largest assets. Solana, quoted at $105.81 and 63.9% off its high, sits alongside XRP at the bottom of that table. Neither $1.25 nor $1.375 has printed its trigger in the newer reading.

The drift inside the band now comes with a broader market behind it. In a newer reading taken at 07:00 UTC, Bitcoin quoted at $82,686.43, up 1.19% over 24 hours, and Ethereum at $2,438.06, up 1.81%, and XRP stood out among the large-cap altcoins with a 2.48% gain, the strongest move in that group alongside Dogecoin's 2.81%. Solana added 1.31% while Tron slipped 0.34%. Bitcoin's market share slipped 0.08% to 60.08% as Ethereum's rose 0.05% to 10.77%, a split that points money toward altcoins, and derivatives volume climbed 8.79% in 24 hours to $714.6 billion. XRP's move from $1.33 keeps the token above the $1.335 average for now, though neither band edge has printed its trigger.

The rebound carried XRP further during the morning. In a newer reading, the token is quoted at $1.35 following a 4.5% jump, a level that places it above both the $1.335 average and the wider ceiling the session had drawn beneath the 200-day line. The move came with the broader market behind it: Bitcoin climbed above $83,000 and tapped $83,600, its first visit there since last Wednesday's pullback began, while Ethereum rose 3.4% to over $2,450 and Solana held the $100 support at $106. The total crypto market cap gained just over 2% to $2.780 trillion. XRP still needs a daily close over $1.375 to confirm the reversal, and that level now sits within reach of the newest print.

Reading the Gap to $1.25

Our reading is positional. XRP sits about 3% beneath the nearest resistance at $1.335 and about 4% above the nearest support at $1.25, so the distance to either edge is small and roughly even. Falling volume and an RSI near 40 argue the decline is losing force, but no average has been reclaimed, and stacked falling lines above a tested floor fit a bear market correction better than a pause inside an uptrend. The measure that matters is the gap: from $1.2995 to $1.25. A close under that number re-prices the map toward $1.15. Until it prints, the token stays inside the band, closer to the floor than to the ceiling.

Readers tracking the market in real time can follow live spot and futures prices on Bybit.

COINOTAG's editorial and research desk.

AI-Assisted

AI-generated, AI-reviewed, under COINOTAG editorial oversight.