XRP price analysis highlights the loss of support at $1.50 as Ripple is now trading at $1.47, down around -1.7% over 24 hours. The market is watching whether XRP USD price can reclaim the $1.50 level, or if a deeper correction below $1.40 is next.
Ripple released 1 billion XRP on October 1, valued at approximately $1.49Bn at the time, which could have added to the recent sell pressure.
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Meanwhile, both the XRP Ledger’s planned October upgrades and Ripple Treasury firm Evernorth’s Nasdaq debut were delayed after validator support fell below the required threshold, restarting the activation countdown.
These delays, coupled with the recent token unlock, could help explain XRP’s sizeable sell-off and its loss of the key $1.50 support level. This zone will need to be reclaimed this week to avoid further downside.
XRP Price Analysis: Can Ripple Hold Above $1.40 This Week?
SOMETHING HAS TO GIVE: Today's $XRP analysis breaks down the teeth gritting compression. The 50 week EMA defence wall, lower time frame chop, and my overall thoughts as we head deeper into Q4. Enjoy XRP family. Until tomorrow! #NFA 🫡 pic.twitter.com/XBRtVjCHDp
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) October 6, 2026
XRP’s current price is $1.47, down -1.7% in the past 24 hours on CoinGecko. The available research does not provide a current trading-volume figure, so volume confirmation cannot be assessed here. That matters: a move through resistance is more persuasive when trading activity expands with it.
The immediate test is the $1.46–$1.48 support band. Below it, traders may look toward $1.40, followed by $1.38 and $1.33. On the upside, resistance begins around $1.52, with $1.54–$1.56 the more meaningful reclaim zone.
One technical assessment places XRP above its 50-day exponential moving average (EMA) near $1.40, 100-day EMA near $1.33, and 200-day EMA near $1.38, leaving the medium-term structure intact despite weakening short-term momentum.
Bull case: a sustained move above $1.55 could put the $1.58–$1.60 area in view.
Base case: price continues consolidating within the reported $1.45–$1.55 range.
Bear case: a break below $1.46 would weaken the setup and expose lower support. Which side wins? The $1.55 ceiling and $1.46 floor offer the clearest near-term signals. A recent XRP technical analysis also reviews support, resistance, exchange-traded fund (ETF) flows, and derivatives positioning.
Maxi Doge Looks to Meme Traders as XRP Tests Support
XRP’s chart is not a confirmed breakdown, but a near-2% daily decline leaves little room for complacency if support gives way. At the same time, the range-bound setup may limit immediate upside until buyers reclaim resistance. That is the trade-off: wait for confirmation, or consider assets with a different risk profile.
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