XRP price prediction: Can XRP recover to $1.50 after October’s decline?

XRP price has struggled to recover above $1.32 on October 23 despite renewed ETF inflows and record wallet growth, as selling pressure continues to weigh on the cryptocurrency following its October decline. Summary XRP price traded near $1.32 on October 23, struggling to recover from October’s losses. U.S. spot XRP ETFs reportedly attracted $3.55 million on October 22, led by Franklin Templeton. Santiment reported a record 8.24 million non-empty XRP Ledger wallets and 4,772 new daily addresses. The daily RSI stood at 42.05, while the MACD remained negative despite easing selling momentum. Analysts identified $1.30 as immediate support, with $1.40–$1.50 remaining the main recovery zone. According to crypto.news market data, the token traded around $1.32 at the time of writing, with its market capitalization near $83.18 billion and daily trading volume of approximately $1.39 billion in the earlier market snapshot. The weakness comes as Bitcoin and Ethereum face selling pressure, leaving XRP struggling to reclaim the $1.40 level. Why is XRP price down today? XRP’s latest decline follows another unsuccessful attempt to recover above $1.40, with the cryptocurrency losing approximately 1...