Ripple Price Forecast: XRP tests $1.30 support level as protocol pushes bug fix to November

Ripple (XRP) is correcting toward $1.30 on Thursday, giving back early-week gains. Attempts to push recovery toward $1.40 failed, leaving buyers demoralized and sellers gaining ground. The path of least resistance remains downward, and the sell-off is likely to accelerate if bulls give up the $1.30 demand area.

Mild ETF inflows fail to cushion against sell-side pressure

Prices are generally pulling back in the cryptocurrency market, led by Bitcoin’s (BTC) dip below $82,000 and Ethereum’s (ETH) correction near $2,400, despite inflows into spot Exchange-Traded Funds (ETFs).

After two consecutive days of muted activity, US-listed XRP spot ETFs recorded roughly $709,000 in inflows on Wednesday. Unless ETF inflows sustain over the coming weeks, this mild single-day interest may not be enough to absorb sell-side pressure. Despite the volatility, cumulative inflows remain positive at $1.8 billion, with net assets at $1.6 billion, suggesting long-term investor interest in the underlying token is still intact.

XRP Ledger delays bug fix

Ripple’s XRP Ledger (XRPL) has been forced to delay a scheduled bug fix after validator support dropped to 26 from 35. While CoinDesk has reported on X that the validator support has recovered to 31, the bug patch will have to wait another two weeks.

XRPL amendments require sustained validator consensus of over 80%. At least 29 of 35 validators must approve, and the network verifies this every 15 minutes over 14 days. This ensures that any protocol changes that close token-creation loopholes or refine the lending algorithm are implemented only with broad network support.

Technical analysis: XRP sellers tighten grip

XRP trades around $1.33, maintaining a bearish near-term tone as it holds beneath a stack of key Exponential Moving Averages (EMAs). The 100-day EMA at $1.34 is the nearest cap, with the 50-day and 200-day EMAs converging just above $1.37, suggesting the pair remains trapped under a heavy supply band.

Momentum also leans soft, as the Relative Strength Index (RSI) sits near 43, while the Moving Average Convergence Divergence (MACD) indicator remains slightly negative, hinting that rally attempts are likely to be faded while price stays below these overhead levels.

On the topside, immediate resistance lies at the 100-day EMA around $1.34, followed by a tighter cluster formed by the 50-day EMA and the 200-day EMA at $1.38. A sustained break above this confluence would expose the SuperTrend line near $1.47, ahead of the broader downtrend barrier defined by the resistance trend line, with reference levels at $1.62 and $1.70. With no clear indicator-based support highlighted on the daily chart, the pair appears vulnerable to further slippage unless buyers can reclaim at least the 100-day EMA.

At the same time, momentum signals are mixed rather than decisive, with the MACD histogram positive but easing from earlier highs, while the RSI hovers near 48 on the weekly chart, hinting at a consolidative tone rather than a sustained bullish drive.

Structural support is much lower, with the SuperTrend indicator providing the next notable demand area around $0.94, where buyers previously re-emerged. A weekly close back toward that region would expose a broader corrective phase, while holding above current levels keeps XRP in a range beneath the dense overhead resistance band.

(The technical analysis of this story was written with the help of an AI tool. Know more.)