XRP Price Near $2.40 as Traders Watch Critical Zone

A post by the crypto analyst known as 0x00g000i00a (RoyalTrading) at 07:15 UTC on October 22, 2025, has attracted attention of the community to the current technical set up of XRP and has requested traders to keep an eye on XRP. The 1-day XRP/USDT perpetual Binance chart in the post shows the volatility in recent days and possible accumulation at the support. Though the message included a disclaimer(it was only a personal observation, and not financial advice), it came at the same time as fresh action in the native token of Ripple on big exchanges.

$XRP hãy để mắt tới anh ý #Ripple #XRP #XRPUSD #XRPUSDT

⚠️Tất cả nội dung trong bài viết/chia sẻ này chỉ là ghi chép quan điểm cá nhân để tham khảo, không phải lời khuyên tài chính, đầu tư hay giao dịch. Thị trường tài sản mã hoá cũng như thị trường tài… https://t.co/lP0MqMH8rt pic.twitter.com/UjkURnca3n

— RoyalTrading (@0x00g000i00a) October 22, 2025

XRP Price Snapshot and Market Metric

At the time of publication, XRP is trading at a daily dip of 1.10% and at a price of 2.3945.
The important information in Binance (as it is indicated in the chart):

• Open: $2.4212
• High: $2.4364
• Low: $2.3883
• Close: $2.3945

Trade volume was soaring towards the 2.40-2.50 level, which indicates that traders are becoming more active. The market cap of XRP is approximately 144.2 billion, and it is position 5 on the global list, having a 24-hour trading volume of more than 4.6 billion. Nonetheless, the overall trend since mid-2025 is bullish, as XRP has gone down to a spot below 1 since to where it is now, a multi-year high.

Chart Patterns and Technical Context

The chart provided by RoyalTrading can be seen as having several moving averages (MAs) and a visible long-term upward trend since the second half of 2025. Price now floats around the longer-term orange MA which seems to be a support area of utmost importance around the price of $2.30-2.40.

• Support Zone: $2.30–$2.40
• Resistance Zone: $2.45–$2.50
• Trend: Uptrend and short-term consolidation.

The spikes in volumes around the resistance indicate that whales or institutions might be rotating positions or waiting before the next leg up. This small drop below the short-term MAs could show a consolidation and not reversal. On the basis of the TradingView indicators, oscillators are neutral, whereas moving averages indicate short-term sell-off do not mean panic but a warning.

Macro Driving Sentiment Factors

The recent statistics on web indicate that XRP has surged by 13 per cent earlier in October 2025, after Ripple released RLUSD stablecoin and deliberated on incorporation of ISO 20022 that could enhance the application of XRP in cross-border payments. There has also been speculation in the market regarding a possible XRP ETF filing, which has caused optimism. Analysts however warn that the present stagnation around 2.40 could have been due to profit-taking after the quick gains.

The data on the funding rates show that there is slight negative bias, that is, patches are at this moment paying short to long, which could not be the last stage before it starts making upwards adjustments. Perpetuals closer to the support levels tend to create volatility particularly when sentiment changes fast.

Extended Market and Bitcoin Correlation

XRP is very volatile though it has a bullish framework. The regulatory environment that Ripple continues to face, even after the partial resolution of the SEC case remains unpredictable. Also, perpetual traders are at risk of being liquidated as long as the price falls below $2.30. Bullish Case: There is a possibility of a clean break above 2.50 that would open the door to 2.80-3.00, the last levels in the highs of 2021. Bearish Case: The inability to hold at $ 2.30 can lead to a short-term downside at 2.10-2.15 where there will be greater demand. Indifferent: Sideway movement of between 2.30-2.50 implies consolidation prior to a bigger directional breakout.