$XRP closes the week just below the 50-week EMA at $1.51 after trading in the predicted $1.50–$1.60 range.
Analyst ChartNerd said $XRP followed his weekend price prediction, moving sideways between $1.50 and $1.60. $XRP then closed the week below its 50-week exponential moving average (EMA), which was around $1.51967.
ChartNerd said $XRP could continue moving sideways and is now watching to see whether buyers can push the price higher this week.
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$XRP Follows Analyst’s Prediction
ChartNerd’s latest analysis follows his earlier prediction that $XRP would trade around $1.55 after briefly reaching $1.63. He expected $XRP to stay between $1.50 and $1.60 because trading volume was falling and funding rates were neutral.
Moreover, a CoinGlass liquidation heatmap showed about $607 million in liquidations around $1.50 on Binance, highlighting how many leveraged positions were concentrated at that price level.
Interestingly, $XRP did move within that range over the weekend, matching ChartNerd’s prediction. The coin closed the week at $1.51575, slightly above $1.50 but below its 50-week EMA at $1.51967.
$XRP Falls as Bitcoin Pulls Back From $85,000
$XRP has also fallen as the wider crypto market pulls back, led by Bitcoin. According to CoinMarketCap, $XRP is trading at $1.47, down 2.7% over the past 24 hours. However, it is still up 3.07% over the past week.
Bitcoin has also dropped 1.64% over the past 24 hours to $82,722 after reaching $85,126 earlier in the day. Bitcoin’s decline has put pressure on other cryptocurrencies, including $XRP.
$XRP has now also fallen below the $1.50 level that ChartNerd identified as the key range during the weekend.
What Comes Next for $XRP?
$XRP’s next move depends on whether buyers can reclaim the $1.50 level and the 50-week EMA, currently around $1.51.
In another post, ChartNerd warned that $XRP could drop toward $1.30. He noted that $XRP has closed below the 50-week EMA for six straight weeks, showing that sellers are still defending this level.
On the other hand, buyers have support around $1.31, where the 20-week EMA is currently located.
$XRP just printed it's 6th weekly close beneath the 50 week EMA. The bears contInue to hold their defence line, with the bulls support below at $1.31 as a guardrail. (20 week EMA. For the time being, we remain compressed. https://t.co/7j6d2KB27L pic.twitter.com/r9kwHDmf2R
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) September 28, 2026
ChartNerd also said $XRP has struggled to break above the 50-week EMA and the $1.50–$1.60 resistance zone over the past six weeks, which previously preceded the move below $1.00 in August.
If $XRP can consistently close above the 50-week EMA, ChartNerd believes the price could move toward $1.80–$1.90.
Liquidity Hunt
Last week, ChartNerd pointed out that $XRP was facing a major liquidity test, with $2.7 billion in liquidation leverage clustered around $1.00 on the $XRP/USDT three-month heatmap. CoinGlass data also shows notable liquidity around $1.80 and $2.00, putting $XRP between significant liquidity zones.
ChartNerd expects a sharp move as $XRP remains trapped in a relatively tight range, describing the setup as a potential “liquidity hunt”. In other words, a dip to $0.98 is considered just as likely as a rise to $2, and the overall health of the crypto market will determine which happens first.