XRP price slides below $1.32 as analyst eyes $1.25 rebound zone

XRP price has fallen toward $1.31 as daily momentum weakens, while analyst Ali Martinez sees a possible test of $1.25 before a rebound toward $1.42 or $1.60. Summary XRP price traded near $1.318, with its weekly chart showing a decline of approximately 6.5%. Daily RSI stood at 36.84 as XRP traded near its lower Bollinger Band. Ali Martinez identified $1.25 as potential support, with conditional recovery targets of $1.42 and $1.60. CoinGlass showed prominent liquidation clusters above the market near $1.39 and $1.43. TradingView’s Binance XRP/USDT charts placed the token around $1.317–$1.318 on Oct. 15, following a decline to $1.284. The weekly chart recorded a 6.54% loss, while the daily chart showed a 1.07% decline. XRP’s retreat coincided with renewed attention to U.S. inflation. The Bureau of Labor Statistics reported that September consumer prices rose 3.7% from a year earlier, up from 3.4% in August, and increased 0.6% during the month. XRP tests its lower Bollinger Band near $1.31 TradingView’s daily chart showed XRP trading just above its lower Bollinger Band at $1.3077 after briefly falling beneath it. The session’s $1.284 low marked the nearest downside reference, with the...