XRP Price Holds $1.30, But Bears Eye Deeper Drop
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TLDR XRP price tests its 20-week EMA near 1.29–1.30 as traders assess the risk of a weekly breakdown. A sustained weekly close below the moving average could expose XRP to further losses toward $1. Crypto analyst Ali Charts identifies $1.25 as a potential rebound level amid continued selling pressure. XRP faces resistance near its 50-week EMA at $1.52, limiting prospects for a stronger recovery. Traders await the weekly candle close to determine whether XRP can defend support or face deeper selling. XRP price neared $1.30 on Thursday, October 15, testing its 20-week exponential moving average. A weekly close below that line could bring $1 support back into focus. XRP traded around $1.32 earlier before sliding near $1.29.
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