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XRP Price Analysis for October 7

source-logo  u.today 07 October 2025 16:10, UTC
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Most of the coins remain in the green zone today, according to CoinMarketCap.

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$XRP/USD

$XRP is the exception to the rule, falling by almost 1%.

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On the hourly chart, the rate of $XRP is near the local support of $2.9618. If a bounce back does not occur, traders may expect a level breakout, followed by a further correction to the $2.95 mark.

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On the longer time frame, the situation is similar. If the daily bar closes below the $2.9403 level, the accumulated energy might be enough for a move to the $2.90-$2.92 zone. Such a scenario is relevant until the end of the week.

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From the midterm point of view, the rate of $XRP is far from key levels. In this case, one should focus on the bar's closure in terms of the $3 area.

If it happens above $3, there is a chance of seeing a local rise to the $3.40 range.

$XRP is trading at $2.9744 at press time.

u.today