
{"id":102507,"date":"2025-10-06T16:18:25","date_gmt":"2025-10-06T16:18:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=102507"},"modified":"2025-10-06T16:18:25","modified_gmt":"2025-10-06T16:18:25","slug":"ripple-price-analysis-is-xrp-due-for-a-correction-below-3","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=102507","title":{"rendered":"Ripple Price Analysis: is XRP Due for a Correction Below $3?"},"content":{"rendered":"<p>Ripple continues to consolidate beneath a critical descending resistance, forming a tightening structure that suggests a potential breakout is imminent. The asset is showing signs of strength above key moving averages, yet remains capped by a significant multi-month trendline that has repeatedly rejected price advances.<\/p>\n<h2>XRP Price Analysis: Technicals<\/h2>\n<p>By Shayan<\/p>\n<h2>The Daily Chart<\/h2>\n<p>On the daily timeframe, XRP is trading within a converging wedge pattern, defined by a descending resistance line from the yearly high and a rising trendline acting as dynamic support. The price has reclaimed both the 100-day and 200-day moving averages and completed a pullback, reflecting improving bullish sentiment after weeks of sideways action.<\/p>\n<p>Currently, the market is retesting the upper boundary of this wedge near $3.05\u2013$3.15, which aligns with a key supply zone that has repeatedly rejected previous attempts at continuation. A confirmed breakout above this confluence could open the path toward $3.35 and eventually $3.60, where the higher-timeframe liquidity pool and major resistance await.<\/p>\n<p>However, failure to break through may result in another short-term pullback toward the $2.75\u2013$2.80 range, coinciding with the lower boundary of the pattern and near the 200-day MA, a key area that must hold to preserve the bullish market structure.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/XRP-D-scaled.jpg\"><\/a>Source: TradingView<\/p>\n<h2>The 4-Hour Chart<\/h2>\n<p>On the 4-hour chart, XRP continues to trade within a well-defined descending structure. The recent rejection from $3.10 to $3.15 marks another test of the descending trendline resistance, keeping short-term traders cautious.<\/p>\n<p>Despite this, the mid-range structure remains constructive. The price has formed higher lows since late September, suggesting that demand continues to support the market each time it dips below $2.80. The current price action appears to be coiling tightly, which often precedes a strong directional expansion.<\/p>\n<p>If the price successfully breaks and holds above the $3.15 level, this could trigger a momentum-driven leg toward the next resistance at $3.35, followed by a liquidity sweep near $3.60. Conversely, if the rejection holds, a corrective move back toward $2.70\u2013$2.75 remains possible, a zone that aligns with the lower boundary of the channel and prior accumulation.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/BTC-4H-2-scaled.jpg\"><\/a>Source: TraidngView<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripple-price-analysis-is-xrp-due-for-a-correction-below-3\/\">Ripple Price Analysis: is XRP Due for a Correction Below $3?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ripple continues to consolidate beneath a critical descending resistance, forming a tightening structure that suggests a potential breakout is imminent. The asset is showing signs of strength above key moving averages, yet remains capped by a significant multi-month trendline that has repeatedly rejected price advances. XRP Price Analysis: Technicals By Shayan The Daily Chart On [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":102508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-102507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102507"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102507"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/102508"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}