Technical analysis by BeInCrypto about Symbol XRP on 10/6/2025

At the time of writing, XRP is trading at $2.96, maintaining its position just above the $2.94 support level. The altcoin was poised to break out of its descending wedge pattern, but that attempt has failed for now, suggesting further weakness. If the selling trend persists, XRP could extend its decline. The token risks dropping to $2.85 or lower toward $2.75, testing the lower boundary of the wedge pattern. Such a fall would confirm bearish dominance. However, if investors regain confidence and halt the ongoing sell-off, XRP could stage a recovery. A successful rebound past $3.02 may open the path to $3.12 or higher, potentially invalidating the bearish outlook.