XRP Trades Near $1.30 After Losing Its Entire Summer Range

From $1.50 to the $1.30 Line in Days

The tape around XRP now tells a structural story rather than a one-session one: the token trades near $1.30, down 3.6% over the past 24 hours, after giving up within days the full range it spent the summer building, a move that carried it from a local peak of $1.50 into the $1.31–$1.33 area and then under the $1.30 line, where it has settled. Where the drop landed matters as much as how fast it ran. The XRP price sits beneath a dense cluster of horizontal volume zones, the kind of shelf that has absorbed selling in earlier squeezes; bands of this kind hold pools of resting orders through drawdowns, so arriving flow meets liquidity instead of a vacuum, and that is why levels like these tend to mark where a correction slows rather than where it accelerates. The hourly chart review posted on X traces the descent straight into the $1.30–$1.60 band, where liquidity pools and the order blocks large desks trade against are concentrated, and sellers pushing into that shelf have run into a wall of liquidity. The trigger was macroeconomic. Hotter-than-expected US inflation figures forced investors to rewrite their rate expectations, and markets now attach a 64% probability to a Federal Reserve rate hike at the meeting at the end of the month; with liquidity rotating into defensive government bonds, the selling has come overwhelmingly from the retail side, where positions have been closed in bulk and losses locked at the lows of the move. The other side of the book does not match it: large funds have been placing planned buy orders into those same order blocks, treating the month's weakness as an entry window rather than a reason to leave, and that split between who is selling and who is buying is what now defines the XRP market.

@Xaif_Crypto · X post

Hourly chart review posted on X.

View on X

$1.7 Billion of ETF Inflow Against the Slide

Institutional flows have run the other way. The corporate calendar of the week stacked up quickly: Evernorth Holdings Inc. completed its Nasdaq listing under the ticker XRPN with a large XRP fund attached to the structure; Standard Chartered took on custody duties for Ripple's RLUSD stablecoin, the dollar token Ripple issues on its own ledger; and the US broker DriveWealth integrated the token for its client network, an integration covered in DriveWealth's RLUSD rollout. Taken together, those steps coincided with a net inflow of $1.7 billion into spot XRP ETFs listed on US exchanges, a run that extends what flow data had already recorded as the 13th straight week of inflows; the funds have ignored the month's depression and kept accumulating through the dip. The seasonal record supplies part of the patience: October has historically been the token's weakest month, with a median return of -5%, and the current month's slide of roughly -12% fits that schedule; November and December have averaged +80% and +63% respectively, and the November 2024 cycle, in which comparable pressure resolved into a parabolic advance, is the precedent the funds are working from. None of this is happening in isolation: the wider altcoin tape carries the same macro weight, and XRP's slide is the coin-specific expression of it. Retail behavior points the other way, and on-chain deposit data shows the sell-side tilt in whale-sized transfers to Binance that recently reached a seven-month high. The standoff gets its resolution at the end of the month: the Federal Reserve's rate decision and Ripple's annual Swell conference in New York, which opens on October 27, are the two events positioned to decide whether the downtrend can be reversed into the November advance the funds are working toward. Prediction markets rate that outcome modestly for now; Kalshi odds put the chance of XRP reaching $2 by year-end near 20%.

COINOTAG's composite support and resistance scoring frames the standoff: the nearest floor at $1.2462 rates 93/100, with the 0.618 Fibonacci retracement among the indicators meeting there, while resistance at $1.3672 holds the maximum 100/100, where the 50-, 100- and 200-day moving averages stack above price. Between them, RSI reads 35.33 with a bearish MACD signal, consistent with the downtrend already on the chart; the full slate of XRP technical analysis levels sits on our dedicated page. Positioning has not flipped: perpetual futures funding stands at 0.0043% and the long/short account ratio at 3.23, with 76.3% of accounts still long, the same tilt the funds' buying implies. What the slide has not changed is that bid: the $1.25 floor and the accumulation working it remain the structure of this market.