XRP lost its $1.50 price pivot, sliding to $1.47 after a daily decline of about 3%. The token now faces a binary test: reclaim $1.50 quickly, or risk a slide toward the 200-day EMA near $1.37. The medium-term structure stays bullish for now, but bulls must clear a new descending trendline in October to keep it that way.
XRP broke below its $1.50 pivot, falling to $1.47. That puts the 200-day EMA, sitting near $1.37, back in focus as the level that would flip the medium-term trend from bullish to neutral.
A slow, orderly slide
The token has been printing lower highs since a local peak near $1.63 on September 23, and a second attempt to clear $1.60 on September 25 also failed. Since then, the retreat has moved in even steps: $1.55, then $1.52, then $1.50, then $1.47. No single dramatic session drove the move — instead, small bounces kept getting sold rather than extended.
That cooling followed a rally that had carried XRP up nearly 50% from its August low near $1.00. The RSI now sits at a neutral 54, offering no overbought or oversold signal, so price levels rather than oscillators are setting the tone this week.
ETF inflows as context, not the cause
Market data has pointed to spot XRP ETF inflows running into the hundreds of millions of dollars over recent weeks, a trend some trackers describe as ongoing institutional accumulation. However, that flow data is not confirmed as the driver of the latest drop, since the pullback below $1.50 traces to failed resistance tests and fading bid support instead.
Levels that decide the next move
A daily close back above $1.50 would read Monday's drop as a fakeout, opening the door to $1.55 and then $1.60-$1.63. Fail to reclaim $1.50, and $1.40-$1.42 becomes the level to watch, with the 200-day EMA at $1.37 as the line that matters most for the medium-term outlook.
A close below that EMA would shift the structure from bullish to neutral, opening room toward $1.30 and, in a broader sell-off, $1.20. For now, the medium-term picture remains intact: XRP sits above the 200-day EMA, which is curling upward for the first time since spring, and the $1.80-$2.00 zone stays a valid target as long as $1.37 holds.
Source: Cryptonews
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