Bears are targeting a new decline in XRP, potentially dropping to $2.63.
Date: 2025-09-17 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
XRP reached a local peak of $3.18 on Saturday, September 13, but soon afterward, the price fell almost 10%. According to Coinglass, the long-to-short ratio fell to a monthly low of 0.83, indicating traders are increasingly betting on a decline. The futures market is showing diminishing confidence in the continuation of the bullish momentum and is poised for a deeper correction.
The daily chart shows XRP/USD holding near the 20-day exponential moving average (EMA). This indicator reflects the average price over the past 20 trading days and serves as an important benchmark for assessing market sentiment. If the price breaks below the EMA, it will signal a bearish reversal and could trigger further sell-offs.
Ripple's future price movement scenarios are divided into two directions:
• Bearish scenario: If the EMA breaks below, XRP could initially fall to $2.8786. A loss of this support would open the way to the July low of $2.6371.
• Bullish scenario: If demand for the token recovers, a return to growth is possible, with a test of $3.22.
Therefore, holding key levels becomes critical to maintaining the current bullish trend. Traders should closely monitor chart changes and prepare for potential volatility.
Analysts recommend not ignoring EMA signals and closely monitoring the ratio of long and short positions, as it reflects overall market sentiment. The XRP market may experience significant fluctuations in the coming days, and proper risk management will be the key to successful trades.
The situation remains dynamic, and the key factor for investors will be the price's reaction to nearby support and resistance levels. With careful analysis, entry and exit points can be identified with minimal losses and maximum efficiency.
