XRP is facing a sharp decline amid the liquidation, but pundits say “this week changes everything”

XRP is facing renewed pressure this week after the Oct. 10 Flash Crash caused record issuance in the entire crypto market. The token was down about 40 percent intraday before doubling, now hovering between $2.20 and $2.60 as traders assess what’s next.

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Despite the heavy fraud and ongoing volatility, market analysts stress that “this week everything can change” with XRP, with important regulatory decisions and long-term regulatory controls could be delayed.

XRP's price trends to the downside on the daily chart. Source: XRPUSD on Tradingview

Flash-Crash Fallout: Cash-out, whale-flow, and critical support

XRP was swept on Oct. 10 Crypto “Flash Crash,” intraday slide of 40% before recovering from monthly losses near 20%. The trigger was not a protocol error but an artificial washout tied to high-risk price topics.

Compulsory forcing is included with cex and dex for dex, pulling the most low majors in minutes. Since then, XRP has strengthened in the $2.20-$2.60-60 band, with the 200 EMA near $2.62 now the pivotal pivot.

The flow in the middle of the on-chain shows a mixed position as the owners of the houses sent during the exchange (a classic profit-taking show), but the flood / fence reduced after Oct. 11, to help the price.

Technically, the Bulls need to go back daily above $2.80-$3.00 to reduce the short-term decline; The loss is $2.20, and the next magnet remains near $1.80. Notably, Ripple’s Stablecoin is holding its own through chaotic, data-friendly data that underlines the robustness of XRPL’s performance under pressure.

Derivatives are hot as xrp etf window close

Currently, the open interest rate is still low, but the job options have increased by three digits, the signing has been recorded as a major movement. Long / short ratios are always supported in large periods, fertile ground for volatility when supported.

That backdrop meets a crowded ETF decision window (Oct. 18-25) for providers that include grayscale, 21shares, Templeton, and coinshares.

Pundits point out that the SEC Sfutched 75-day review is a sign of an accelerated process, as are the Macro Currents (tax rates, growth Jitters).

The legal clarity is also great as the courts have confirmed that XRP is not a security in the secondary markets, removing the structural overhang that keeps many institutions in the last cycle.

What would investigate the practice

With the price of XRP below the 20/50/100-Day Emas and superstrend verish, the momentum remains weak. Bulls need:

1. Price confirmation: PRECAM $ 2.80-$ 3.00 with increasing local volume to direct $ 3.50-$ 3.80.
2. Gambling bloat: Net Etf inflow and Skew options to ensure buying traction.
3. Macro Calm: SOFTER RHETORIC RHETORIC and Benign Data to reopen the windows of danger.

Absent these, a break below $2.20 poses a deep risk of a leg correction to $1.80, with a tail-risk of a twinned tail of $0.75 in a major macro breakout.

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However, institutional narratives such as Rluusd’s robustness, CBDC / RWA negotiations tied to XRPL, and the maturity compatibility tool all support long-term adoption. That is why some analysts insist that “this week everything changes”, if the regulatory catalysts synchronize, the next leg of the next XRP can begin.

Cover image from Chatgpt, XRPusd in writing trade