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XRP price analysis indicates that the Ripple token is positioned at a critical Fibonacci zone following an impulsive wave that peaked around $2.66, which was subsequently followed by a corrective pullback.
Market participants are currently preparing for either a decline back to the demand zone around $2.50 or a surge above the 78.6% Fibonacci level at $2.6552.
Market data shows that XRP has been oscillating within a demand zone between approximately $2.56 and $2.61, which corresponds to the 38.2% to 100% Fibonacci retracement levels.
Analysts also highlight a forming ascending trendline projecting toward $2.63-$2.65, suggesting that bullish momentum is building and potentially paving the way for a breakout.
Western Union Selects Solana Over XRP
However, a recent announcement that Western Union, the world’s largest money transfer business, has chosen Solana over XRP as its payment settlement blockchain has cast doubt on the adoption of Ripple’s long-promoted use case.
Western Union spent years testing Ripple’s technology, even conducting pilots with XRP for cross-border payments dating back to 2015.
After a decade of experimentation, Western Union CEO Devin McGranahan stated yesterday that the company evaluated all options, noting, “speed, cost, reliability, and one chain came out on top: Solana.”
“For 175 years, we’ve been connecting people, moving $150 billion a year. Digital assets is the next evolution.
We looked at alternatives, and came to the conclusion that Solana was the right choice.”
– Devin McGranahan, CEO, Western Union pic.twitter.com/8ni2b47ktk– Solana (@solana) October 28, 2025
If one of the world’s oldest payment networks (over 170 years old) is going blockchain-native and Ripple, which has consistently branded itself as the blockchain for institutions, is missing out on this crucial spot, it is worth prompting XRP holders to reconsider their loyalty.
The TD (Tom DeMark) Sequential indicator, which has been remarkably accurate at identifying XRP trend reversals over the past three months, is now flashing a sell signal.
The TD Sequential has been remarkably accurate at spotting $XRP trend reversals over the past three months.
It now flashes a sell signal! pic.twitter.com/rZqKU12cAF– Ali (@ali_charts) October 29, 2025
XRP Price Prediction: Ascending Channel Targets 12% Rally to $3.32
However, the XRP/USD 4-hour chart reveals a clear ascending channel marked by black trendlines, with XRP riding this bullish structure consistently since the sharp recovery from the October 11th capitulation bottom near $2.15.
The recent price action displays a rising wedge pattern near the upper boundary of the ascending channel, which typically suggests weakening momentum despite the continued upward bias.
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Source: TradingView
The RSI indicator at 60.39 confirms this, showing the price in neutral-to-bullish territory but not yet overbought, leaving room for further upside if buying pressure intensifies.
If XRP can flip resistance into support, it could revisit the $3.3245 mark, representing a potential 12.27% gain from current levels.
Trade XRP with 1000x Leverage on CoinFutures
Traders looking to capitalize on XRP’s potential 12% move and increase their margin by up to 1000x can do so with CoinFutures.
CoinFutures is backed by CoinPoker and allows traders to access simulated crypto futures with up to 1000x leverage.
You can start trading with just $1 and take both long and short positions, making it accessible for casual traders.
The platform is best suited for short-term trading strategies such as day trading and swing trading, rather than long-term holding.
With leverage ranging from 1x to 1000x, a $10 trade can control $10,000 worth of exposure.
This setup works for traders with limited capital who seek greater profit potential, as well as those who employ quick strategies like scalping and range trading.
CoinFutures lists major cryptocurrencies, including Bitcoin, Ethereum, and XRP.
These coins offer strong liquidity and active trading, making them reliable choices for active traders.
The platform handles deposits and withdrawals instantly using crypto assets like USDT, USDC, Bitcoin, and Solana.
You can also fund your account with debit/credit cards or Google/Apple Pay.
The post XRP Price Prediction: Analysts Identify Critical Fibonacci Zone as XRP Consolidates Near $2.60 appeared first on Cryptonews.
