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XRP consolidates between $2.34–$2.54, facing resistance near key EMAs and Fib levels. Rising futures open interest shows heightened speculative activity despite price weakness. Persistent spot outflows indicate muted accumulation, limiting upward price pressure. XRP’s short-term market structure reflects growing uncertainty as traders assess price compression near critical technical levels. The token trades close to $2.38, slightly down by 1.1%, after repeated attempts to break above the $2.50 zone.  The price remains capped beneath major exponential moving averages and Fibonacci retracement levels, suggesting a cautious bias. Despite brief rebounds in recent sessions, momentum indicators reveal subdued conviction among both buyers and sellers. Technical Picture Suggests Sideways Movement The XRP/USD 4-hour chart shows that price action has been consolidating between $2.34 and $2.54 for several days. The 50-EMA, currently near $2.43, acts as immediate resistance, while the 100-EMA and 200-EMA at $2.45 and $2.67 respectively form stronger barriers above.  XRP Price Dynamics (Source: TradingView) Immediate support rests at the 0.5 Fibonacci retracement level of $2.345. A breakdown below this level could trigger a decline toward $2.16 and possibly $1.94. Conversely, a move above $2.52, which aligns with the 0.618 Fib zone, may push prices toward $2.77 and the $3.10 swing high. Related: Shiba Inu Price Prediction: Holders Rise But SHIB Struggles To Defend Support The broader structure indicates that XRP is recovering from a previous retracement between $3.10 and $1.58. Recent higher lows hint at potential accumulation, but buyers must reclaim the $2.52–$2.67 region to confirm any trend reversal. Until then, price action is expected to remain range-bound between $2.30 and $2.60. Derivatives Data Reflects Speculative Activity Source: Coinglass Open interest in XRP futures has climbed significantly since early 2025, reflecting renewed trader engagement. After months of stagnation below $2 billion, open interest surged past $10 billion in April as prices neared…

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Filed under: News - @ October 22, 2025 9:27 pm