
XRP started a fresh increase after settling above $2.50, pushing past both $2.550 and $2.60 resistance levels. The bulls managed to drive the price above $2.650, forming a high at $2.6972 before the token began a downside correction.
The price broke below a bullish trend line with support at $2.6350 on the hourly chart. XRP is now trading below $2.60 and the 100-hourly Simple Moving Average.
At the time of writing, XRP trades at $2.64 with a 24-hour trading volume of $4.94 billion, up 2.91% from the previous day. The market capitalization stands at approximately $158.64 billion, reflecting renewed investor interest.
Over the last 24 hours, the price is down 1.12%. Looking at the past week, the token has gained 5%.
The MACD for XRP/USD is gaining pace in the bearish zone. The RSI for XRP/USD is now below the 50 level, indicating momentum weakness.
If XRP attempts another upward move, the price might face resistance near the $2.620 level. The first major resistance is near $2.650, above which the price could test $2.6880.
A clear move above $2.6880 resistance might send the price toward $2.720. The next major hurdle for the bulls might be near $2.80.
A crypto analyst highlighted that global asset management giant BlackRock is preparing to file for a spot XRP ETF. This move follows growing regulatory clarity in the U.S. and Ripple’s partial legal win against the SEC.
π¨ RUMOR π¨
BLACKROCK IS PLANNING TO
FILE FOR $XRP SPOT ETF SOON. pic.twitter.com/ejbQIGGW48
— πππππππ β‘ XRP Syndicate (@BaronDominus) October 27, 2025
If confirmed, the ETF could give traditional investors regulated access to the token. Though no official filing has been made, speculation about BlackRock’s plans has already boosted optimism in the market.
Analysts say such a product could enhance liquidity and strengthen XRP’s legitimacy in mainstream finance. The crypto community is watching closely for what could be the token’s next major milestone.
If XRP fails to clear the $2.650 resistance zone, it could start a fresh decline. Initial support on the downside is near $2.5650, with the next major support near $2.550.
Are you prepared for $XRP to rocket toward that $10 target? π
Can we really hit $10 or is that FUD? Prove me wrong!@Ripple pic.twitter.com/f8GU7ppvPS
— Crypto Patel (@CryptoPatel) October 27, 2025
If there is a downside break and a close below $2.550, the price might continue to decline toward $2.5120 or the 50% Fibonacci retracement level. The next major support sits near $2.4500, below which the price could continue lower toward $2.40.
Some traders speculate whether XRP may reach the $10 target. Bullish traders point to the increasing list of Ripple’s institutional partners and overall regulatory clarity as potential fuel for a rally.
In 2023, the overall trend appeared positive but showed noticeable variation. In 2024, the initial half showed dramatic variation with strong growth followed by heavy falls. The latter half of 2024 experienced a strong comeback.
In contrast, 2025 has been relatively moderate and stable. The year had a strong start, faced an early setback, then alternating phases of smaller increases and decreases. The token maintains an overall positive pattern with reduced volatility compared to the last two years.
π Futures & Crypto Trader π Sharing charts, strategies, & mindset tips to help you level up π¨ Not Financial Advice Follow on X @Pro_Trader_Edge
TLDR Bitcoin price up 13% since Oct. 10 but stalled at strong $116K resistance Short…

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