The post XRP Price Prediction: Correction Likely Before Next Rally Toward $3 appeared first on Coinpedia Fintech News
XRP Price is trading steadily around $2.64 as markets await today’s FOMC rate decision, where a 25 bps cut is widely expected. A dovish tone from the Fed could lift XRP toward the $3 mark, while any hawkish hints may trigger a pullback toward $2.55.
Following a strong Q3 performance, where XRP’s market cap surged to around $170 billion and outperformed larger cryptocurrencies, investor confidence in the asset remains high.
However, XRP has been struggling to regain its footing after a few volatile weeks. Some seasoned analysts believe a short-term correction may be on the horizon. After the October 10 crash, XRP plunged to $2.18 before recovering to $2.63, still about 6% below its pre-crash level of $2.80. While the rebound has improved market sentiment, traders remain cautious as they await the Fed’s policy outlook to determine the next move in crypto prices.
On-Chain Data Flashes a Sell Signal
On-chain analyst Ali Martinez highlighted that XRP’s TD Sequential indicator known for identifying price reversals has once again flashed a sell signal. Martinez noted that this same indicator accurately predicted XRP’s last four declines, including the July 22 sell signal, which preceded a 24% drop from $3.55 to $2.70. Similar pullbacks followed in August and September, each leading to short-term dips before eventual recoveries.
Interestingly, the indicator also identified recent bullish reversals, flashing buy signals on September 27 and October 22, which pushed XRP up by 12% and 14%, respectively. With the latest sell signal now appearing again, Martinez suggests XRP could experience another brief correction soon.
Also Read : XRP Outshines Bitcoin and Ethereum with Record Q3 Surge and $170B Market Cap ,
Veteran Analysts Weigh In
Supporting this outlook, Blockchain Backer believes XRP may be repeating a familiar pattern seen earlier this year. He explained that after major liquidation events, XRP often moves sideways before rallying higher, forming what appears to be a “bull trap”—followed by a corrective phase. He compared the current setup to February 2025, when XRP spiked to $2.70 before dropping sharply to $1.98, suggesting a similar pattern may be unfolding.
Meanwhile, analyst DustyBC offered a more balanced perspective. He acknowledged that a pullback seems likely but described it as a healthy part of XRP’s long-term growth. According to him, XRP could retest the $2.40–$2.55 zone before continuing its next leg upward, which may further reinforce its broader uptrend.
On the other hand, EGRAG Crypto maintains a bullish long-term view. He pointed out that both XRP’s price and RSI are forming higher highs, a pattern that typically reflects strong buying momentum. As long as these metrics move in sync, EGRAG believes the uptrend remains intact. A short-term dip may occur, but the overall market structure and long-term bullish outlook for XRP remain solid.
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FAQs
Yes, a dovish Fed stance could boost investor confidence and lift XRP toward $3. A hawkish tone, however, may cause short-term price pressure.
The TD Sequential sell signal suggests a short-term correction may follow. It’s often a pause before the next bullish phase in XRP’s trend.
Not necessarily. Experts see it as a healthy correction that could reset momentum before XRP resumes its broader uptrend toward higher levels.
Analysts remain bullish long-term, citing strong on-chain data and higher highs in RSI—signs that XRP’s uptrend is still intact despite short dips.