Analysts Predict XRP Price to Fall to $2: Open Interest Down, Death Cross Nearing

Jakarta, Pintu News – The price of XRP (XRP) fell for the third consecutive day as crypto market momentum weakened. The Ripple token slumped to a low of $2.3980, down about 35% from its lowest point so far this year.

A reputable analyst predicted that the token’s price might fall below $2. This view was reinforced by the potential formation of a death cross pattern and falling open interest.

XRP Price Threatened to Fall Further as Death Cross Pattern Approaches

The daily chart shows that XRP had its worst day ever last Friday, where the price plummeted by 37%. XRP fell to a low of $1.77, down about 52% from its highest level this year. After that, the price bounced back and touched the resistance level at $2.6425.

Read also: Solana vs Ethereum: Which Blockchain Holds Up Better During a Market Crash?

Currently, the price of the coin has pulled back to $2.4, which is an important level as it coincides with the key support boundary of the Murrey Math Lines indicator. In addition, the MACD indicator has dropped below the zero line, while the Relative Strength Index (RSI) is moving close tooversold levels.

To make matters worse, it is about to form a death cross pattern, which is when the 50-day exponential moving average (EMA) crosses below the 200-day EMA. This pattern usually signals a further decline as it shows that the market power is in the hands of the sellers(bearish).

Therefore, the most likely XRP price prediction is currently bearish, with an initial target in the range of $2. This target is about 16% lower than the current price, and also coincides with the extreme levels in the Murrey Math Lines indicator. This view is also reinforced by popular analyst Ali Martinez.

However, this bearish prediction could become void if the price of XRP manages to break the important resistance level of $2.6425. If that happens, the price could potentially go higher towards the major pivot points of the Murrey Math Lines, which are key support and resistance areas.

Interest in Ripple Weakens, Marked by Falling Open Interest

The price of XRP has come under pressure in recent days as investors are still dealing with the fallout from the massive liquidation that took place on Friday. The total liquidation soared to $610 million, making it one of the largest and most painful in crypto market history.

Read also: Momentum Grows for SEI as Hamilton Lane & KAIO Launch Tokenized Credit Fund on Sei Network

As a result, there are signs that demand for XRP is starting to weaken. One indicator of this is the open interest (OI) which has dropped dramatically to $4.05 billion, from $9 billion before the recent crypto market crash. A decrease in OI generally indicates a decrease in interest or demand for an asset.

XRP’s trading volume on Thursday fell to $6.8 billion, well below the $23 billion figure on the previous Friday.

Even so, there are still severalcatalysts that have the potential to lift the price of XRP in the short term. One of them is the possibility of the approval of the XRP ETF by the SEC.

In addition, the Ripple USD (RLUSD) stablecoin is also getting closer to an asset value of $1 billion, which could boost market confidence in the Ripple ecosystem.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Analyst Predicts XRP Price Crash to $2 as Open Interest Falls, Death Cross Nears. Accessed on October 17, 2025