TLDR
- XRP failed to hold above the $2.64 level and dropped 8 percent to trade around $2.42.
- Market analyst Ali Martinez stated that XRP could retest $2 if bearish momentum continues in the short term.
- The $2 level aligns with a lower support zone and represents a 17.3 percent decline from the current price.
- The UTXO Realized Price Distribution metric identifies $2.80 and $2.10 as key resistance and support levels.
- XRP must rise by 15.7 percent to reclaim the $2.80 resistance, where 2.58 billion XRP previously exchanged hands.
XRP continues to face heavy selling pressure after a brief rally, as market signals indicate a further correction ahead. Market analyst Ali Martinez expects the digital asset to retest lower support levels. XRP currently trades around $2.42 after failing to hold above a key resistance level.
$XRP looks like it wants to revisit $2! pic.twitter.com/B2QFVKsMWw
— Ali (@ali_charts) October 15, 2025
XRP Faces Rejection at $2.64 Resistance
XRP recently tested the $2.64 level but failed to hold above it, triggering a quick price pullback. This rejection came from a strong supply zone, identified by both Martinez and prior reports. As a result, XRP lost 8% and dropped to the current price of $2.42.
The price action reflects weakness as bearish momentum continues to dominate short-term movements. Martinez explained that XRP “could fall further” if this bearish trend persists. He identified $2 as a critical downside target, which sits close to the lower channel boundary.
This downside would represent a 17.3% decline from the current level, indicating a significant risk of correction. Although XRP previously bounced back sharply from lower levels, recent patterns suggest weakening demand. Therefore, traders are eyeing $2 as a possible retest zone in the near term.
Key Levels Highlighted Through URPD Metrics
Martinez used the UTXO Realized Price Distribution (URPD) metric to outline key XRP price levels. This data identifies where large volumes of XRP changed hands, highlighting areas of supply and demand. According to this metric, the $2.80 and $2.10 levels remain highly significant.
– Resistance: $2.80
– Support: $2.10 pic.twitter.com/jIOGiiZEwZ— Ali (@ali_charts) October 16, 2025
The resistance at $2.80 saw 2.58 billion XRP, or 3.97% of total supply, exchanged. This zone presents considerable selling pressure that previously halted upward momentum. Therefore, a move toward $2.80 could face challenges unless momentum improves.
In contrast, $2.10 holds support where 1.64 billion XRP (2.56% of circulating supply) changed hands. Martinez believes this zone could attract buyers and help prevent further declines. From the current price, XRP would need to drop 13.2% to test this demand area.
Market Outlook Remains Uncertain
XRP price experienced a strong rebound of 76% after dipping to $1.37 earlier this month; however, weakness has since returned. The recent rejection at $2.64, along with the consistent lower highs, is limiting upward momentum. Traders continue monitoring the $2 level as a decisive support.
Martinez stated that market structure favors a retest of lower zones unless a strong breakout occurs. XRP needs to reclaim $2.80 to shift sentiment and attract bullish support. Until then, bearish pressure may keep prices subdued.
