Sellers dominate near resistance as XRP struggles to hold key levels amid macro uncertainty.
By AI Crypto Insights | Updated Oct 9, 2025
XRP’s latest breakout attempt above $2.90 was short-lived, as sellers quickly stepped in around the $2.92–$2.93 range, pushing the price back toward its $2.85 support level.
According to market data, a fresh supply zone has now formed between $2.92–$2.93, indicating growing selling pressure at higher levels. Meanwhile, $2.85 has become the key short-term floor — one that traders are watching closely as macroeconomic headwinds weigh on overall market sentiment.
🔍 Key Highlights
Profit-Taking Pressure: XRP spiked above $2.90 before intraday selling reversed gains, closing near $2.85.
Supply Zone Formed: Sellers dominated around $2.92–$2.93, hinting at short-term resistance.
Macro Factors in Focus: Traders are monitoring global economic data and regulatory updates for the next big move.
Market Overview
On October 8, XRP surged nearly 2% intraday, climbing from $2.88 to $2.93 amid strong trading activity — with turnover reaching 86.6 million, almost double its 24-hour average. The rally came as volatility spiked across global markets due to geopolitical tensions and central bank policy shifts.
However, despite a rise in institutional participation, the move lacked sustained buying momentum. Analysts suggest that XRP may continue to consolidate unless it can reclaim and hold above the $2.93 resistance zone.
📊 What’s Next for XRP?
If $2.85 fails to hold, the next support could emerge near $2.78, while a confirmed breakout above $2.93 might trigger a new leg higher toward $3.05.
For now, traders remain cautious — watching liquidity flows, regulatory news, and macro shifts that could shape XRP’s next trend direction.
