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XRP Price Prediction: Ripple CEO Drops 4 Catalysts—Can XRP Clear $1.35?

XRP Price Prediction: Ripple CEO Drops 4 Catalysts—Can XRP Clear $1.35?

CoineditionCoinedition2026/10/28 12:54
By:Coinedition

XRP price prediction for October 29 stays bearish below $1.35, the level XRP needs to reclaim while it holds above the $1.25 support.

XRP Price Prediction: Ripple CEO Drops 4 Catalysts—Can XRP Clear $1.35? image 0

XRP is trading at $1.33, up 0.26% on the day, with resistance close above. A daily close above $1.35 would strengthen the recovery, though buyers would still face several hurdles.

Price is holding near the 100-day EMA at $1.33, just below the 20-day EMA at $1.34. The 0.5 Fibonacci level adds resistance at $1.35, followed by the 50-day EMA at $1.36 and the 200-day EMA at $1.37. The Parabolic SAR sits higher at $1.39.

XRP is also testing a falling trendline from the late-September high. Above that, the rising trendline from the August low now sits near $1.40. XRP fell below this line earlier in the month, making it another level buyers need to reclaim.

If the bounce fades, the next support is the 0.618 Fibonacci level at $1.27. A daily close below it would bring $1.25 into focus, a level also highlighted by Ali Charts.

Heading into October 29, $1.35 remains the first key test. A close above it would open the way toward 1.36–1.39, while another rejection would leave XRP vulnerable to a pullback.

Type Price Why it matters
Resistance $1.35 0.5 Fibonacci level, above the 20-day EMA
Resistance $1.39 Parabolic SAR
Resistance $1.43 0.382 Fibonacci level
Support $1.33 100-day EMA
Support $1.27 0.618 Fibonacci level
Support $1.25 Key level flagged by Ali Charts
  • Robinhood: Ripple’s infrastructure will support both customer-facing services and core financial operations at Robinhood, from RLUSD settlement on the XRP Ledger to prime brokerage and treasury operations. RLUSD is Ripple’s stablecoin.
  • BNY: Ripple is expanding its relationship with BNY across custody and tokenized trade finance using RLUSD, XRP and the XRP Ledger.
  • Ripple Treasury: A new product called 24/7 Returns lets corporates put idle cash to work outside banking hours using stablecoins.
  • Trust bank: The OCC, the US national bank regulator, granted final approval for Ripple National Trust Bank.

The last three similar signals were followed by rebounds of 31%, 24% and 18%, though he said everything depends on $1.25. In a separate thread he described a possible inverse head and shoulders on the daily chart, a bottoming pattern, with its right shoulder forming near that same support.

  • If $1.25 holds: XRP could rebound toward $1.40, and then toward the $1.55 neckline of the pattern.
  • If XRP closes above $1.55 on the daily chart: A breakout toward $2.10 could follow.
  • If $1.25 breaks: $0.98 comes into focus, and he warned of that risk if whales keep taking profits.

XRP holds above $1.25, closes above the 20-day EMA at $1.34 and the 0.5 Fibonacci level at $1.35, then clears the 50-day and 200-day EMAs at $1.36 and $1.37 and the Parabolic SAR at $1.39. That would open $1.40, the rebound level Ali Charts ties to the TD Sequential signal, with the 0.382 Fibonacci level at $1.43 above it. The inverse head and shoulders setup he describes would fit this path.

XRP loses the 100-day EMA at $1.33 and slides through the 0.618 Fibonacci level at $1.27 toward $1.25. A daily close below that level would bring $0.98, the next level Ali Charts names, into view, and the whale profit taking he warns about would fit this path.

What is the XRP price prediction for October 29, 2026?

XRP stays bearish below $1.35 and could rebound toward $1.40 if it closes above that level and clears the averages up to the Parabolic SAR at $1.39. A daily close below $1.25 would put $0.98 in view.

What is the key support level for XRP?

$1.25 is the key support, according to Ali Charts, and it sits just below the 0.618 Fibonacci level at $1.27. The 100-day EMA at $1.33 is the nearest support above both.

What did Ripple announce at Swell?

Ripple CEO Brad Garlinghouse said Ripple is bringing its infrastructure to Robinhood, expanding its work with BNY on custody and tokenized trade finance, and launching 24/7 Returns for corporate treasuries. He also said the OCC granted final approval for Ripple National Trust Bank.

What does the XRP TD Sequential buy signal mean?

Ali Charts says TD Sequential flashed a buy signal on XRP’s 3-day chart, and the last three similar signals were followed by rebounds of 31%, 24% and 18%. He says the signal depends on $1.25 holding, and that losing it could send XRP toward $0.98.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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