Ripple Price Forecast: Sellers Gain Ground as XRP Falls Below $1.30

• Below $1.30, XRP remains in a correction as losses persist across the wider cryptocurrency market.
• Perpetual futures open interest climbs to 2.21 billion XRP as retail demand gathers momentum, while spot ETF activity remains subdued.
• With moving averages and the SuperTrend line above the price, XRP’s technical structure remains weak.

Last week’s Consumer Price Index (CPI) report confirmed persistently elevated inflation in the United States (US), casting doubt on the more widely expected outcome of the Federal Reserve (Fed) holding interest rates in the 3.75-4.00% range. Ahead of the central bank’s monetary policy decision on 28 October, sentiment across the cryptocurrency market remains bearish. Ripple (XRP) is trading just below $1.30 on Tuesday as its deteriorating technical structure weighs on the price.

A 25 basis point rate increase is expected by only 17% of interest rate traders, although the proportion anticipating a December rise is considerably higher.

In an emailed analysis, Crypto Finance said: “Markets currently assign approximately an 85% probability to unchanged rates at the 28 October meeting, although expectations for another rate hike in December remain elevated,”

XRP derivatives activity edges higher as ETF demand wanes

With traders reviewing their positions before the Fed’s decision, investor activity remains subdued overall. A modest improvement in retail demand is evident in derivatives: perpetual futures open interest (OI) averages 2.21 billion XRP on Tuesday, compared with 2.16 billion XRP a day earlier.

Despite recovering from October’s low of 2.12 billion XRP, OI is still substantially below the September peak of 2.46 billion XRP and August’s high of 2.77 billion XRP.

Institutional demand has also been quiet. XRP spot exchange-traded funds (ETFs) recorded withdrawals of $105,000 on Thursday and $2.5 million on Friday, before activity slowed on Monday. Even so, the longer-term picture remains constructive: SoSoValue data show cumulative inflows of $1.8 billion and total net assets of $1.5 billion.

Technical analysis: XRP remains exposed to further declines

Trading below $1.30, XRP continues to retreat beneath all its major exponential moving averages (EMAs), leaving the near-term outlook bearish. The 100-day EMA at $1.34 remains above the price, as do the 50-day and 200-day EMAs, which converge around $1.38. These successive layers of trend resistance appear to be limiting recent recoveries.

Although the sell-off has lost some pace, momentum indicators continue to signal downward pressure. The Relative Strength Index (RSI), at 35, sits only just above oversold territory, while the Moving Average Convergence Divergence (MACD) remains negative.

The first resistance level is the 100-day EMA at $1.34. Beyond that, the convergence of the 50-day and 200-day EMAs creates a stronger obstacle around $1.38. A recovery above these averages would bring the SuperTrend line at $1.46 into focus; reclaiming that level would be necessary to alleviate the broader bearish structure. The current indicators provide no clear structural support below $1.30, leaving the pair exposed to additional losses until buyers lift the price above the cluster of daily EMAs.

(The technical analysis of this story was written with the help of an AI tool. Know more.)