Categories: Technical analysis

XRP Wave Analysis – 20 October 2025

XRP: ⬆️ Buy

– XRP reversed from key support level 2.200

– Likely to rise to resistance level 2.650

XRP cryptocurrency recently reversed from the support area between the key support level 2.200, lower daily Bollinger Band and the support trendline of the daily down channel from July.

The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Morning Star – with its middle candle being long-legged Doji.

Given the strength of the support level 2.200, XRP cryptocurrency can be expected to rise to the next resistance level 2.650 (top of the previous wave A).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
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