Overview

• XRP repeatedly failed to clear $2.92–$2.93 this week and is trading in the $2.70–$2.90 band, with $2.80–$2.85 now a near‑term floor under scrutiny.
• Santiment reports a six‑month high in negative retail sentiment, a pattern that has previously preceded local rebounds even as price momentum cools.
• On‑chain data show heavy supply moving to market, with more than 320 million XRP sent to exchanges in a week and roughly 440 million sold by 1–10 million‑token wallets over 30 days.
• Veteran trader Peter Brandt flags a descending triangle, warning a weekly close below $2.687 could target about $2.22, while bulls look for confirmation above roughly $3.15–$3.65.
• Multiple XRP ETF decisions slated for Oct. 18–25 could slip due to the SEC slowdown, with spot and futures filings from issuers such as Grayscale, Bitwise, and 21Shares and softer volumes reflecting caution.