Technical analysis by vagada about Symbol XRP on 10/10/2025

XRP Daily – Testing Support at the 0.236 Fib Level XRP is once again trading in the green support area that has held since the beginning of August. This zone aligns with the 0.236 Fibonacci level and forms the base of a descending triangle, with the series of lower highs creating its upper boundary. Price has also lost the 50MA, and from a system perspective, the structure confirms a short-term downtrend, with Price < MLR < SMA < BBcenter. If this triangle breaks to the downside, the next significant support sits at the 200MA at $2.60. Momentum indicators remain weak: RSI is below its moving average and trending downward, while MACD has already turned red, showing fading strength. With the broader market showing signs of consolidation after BTC ATH, XRP reaction here could reveal how altcoins handle pressure at key supports. For now, this support zone remains key; losing it would confirm a bearish breakout from the triangle pattern. Bias: Short-term bearish, watching the 0.236 Fib and 200MA as critical levels for reaction. Always take profits and manage risk. Interaction is welcome.