XRP Price Prediction: Bears Position for Further Downside as XRP Hits Sell Wall at $1.36
FX Empire
Last updated: October 23, 2026
XRP's price is currently facing significant downward pressure, with bears positioning for further declines. The cryptocurrency has encountered resistance at a "sell wall" and a key moving average, suggesting a potential move towards lower support levels.
- XRP experienced a rejection at its 4-hour 200-period Exponential Moving Average (EMA), which was situated near $1.39. This rejection indicates a strengthening bearish sentiment in the market.
- Following this rejection, XRP is now exposed to heightened downside risks, with its critical support floor identified at $1.26.
- A sustained break below $1.26 could lead to further price depreciation, potentially pushing XRP towards the cycle lows observed in the $1.00–$1.10 range.
- The market's reaction to the 200-period EMA and the subsequent price action points to bears actively influencing the asset's trajectory, aiming for lower price targets.
- Traders and investors should monitor the $1.26 support level closely, as its breach could signal an acceleration of the bearish trend for XRP.
- The current technical indicators suggest a bearish outlook, with immediate price targets focused on reaching the lower support zones.
