XRP, the native token of the XRP Ledger and the digital asset most closely associated with blockchain payments firm Ripple, is trading near $1.30 as traders monitor a cluster of key support levels and the possibility of a breakout from the token's descending channel. According to CoinGecko data, XRP changed hands at $1.30, down 0.47% over the past 24 hours and 7.21% over the past seven days, with 24-hour trading volume standing at $1,006,675,899. The weekly slide has put the $1.30-$1.32 support zone at risk, with Bitcoin's growing dominance of the crypto market weighing on alternative cryptocurrencies.

Two market analysts published competing technical roadmaps for XRP on October 18. Vuori Trading argued that the asset is still holding critical support and could advance toward $1.87 if it escapes its descending channel, while Cryptoinsightuk cautioned that a further dip toward the $1.20-$1.22 area may offer a stronger entry before any sustained recovery.

Vuori Trading: Support Holding at $1.30-$1.32, $1.39 Next

XRP is testing an important price area as traders assess whether the current decline has reached a local bottom. Vuori Trading identified $1.30-$1.32 as a key support zone for the asset and noted that the area was still holding. Support zones of this kind are price areas where buying interest has previously been strong enough to stall a decline. The descending channel itself is a chart pattern of lower highs and lower lows between parallel downward-sloping trendlines, which is why a move above its upper boundary is typically read by technical traders as a potential shift in momentum.

If buyers successfully defend this range, $1.39 becomes the next logical level, according to the analyst. Beyond that, a confirmed breakout from the descending channel that has contained XRP's price action could place $1.87 within reach — a target Vuori Trading framed as conditional on an actual channel breakout rather than a guaranteed outcome.

Conversely, a rejection at resistance could extend the token's existing downtrend. Vuori Trading flagged $1.16 as the ultimate level for the current decline if the bearish trajectory continues without a successful breakout.

Daily $XRP check! Still holding the 1.3-1.32 support! $1.39 is next logical level and if we can escape this descending channel -> we will send to $1.87 IF reject then we continue this downtrend until breakout; the ultimate level for this current bleed is $1.16 Short / mid… pic.twitter.com/ncwdWvbBiZ

— Vuori Trading (@VuoriTrading) October 18, 2026

Cryptoinsightuk Prefers Entry Near $1.22

Cryptoinsightuk takes a more cautious view of the immediate setup. The analyst considers $1.30 a possible range low for XRP, with resistance around $1.60, but maintains that the preferred entry point sits lower, near $1.22 — while questioning whether waiting for a better level amounts to being “too cute” with the entry. Trading a range generally means treating its established boundaries as reference points for entries and exits.

A potential liquidity zone between $1.24 and $1.22, extending toward $1.20, is also drawing attention. In chart analysis, liquidity zones are areas where pending orders such as stop-losses and entries are assumed to cluster, which can make them focal points for abrupt moves. These levels represent possible entry areas rather than confirmed price targets or guaranteed support. The competing scenarios leave XRP traders weighing a possible rebound from current support against the prospect of continued downside pressure.

The analyst also observed that XRP had nearly retested its recent lows while BTC maintained a higher low. That difference could prove significant if Bitcoin continues to attract liquidity away from alternative cryptocurrencies.

One thing I'm asking myself right now with ripple:native is, am I being too cute with my entry? We could argue that $1.30 is the range low, with a range high around $1.60. Whichever way you look at it, if you're trading that range, this could be a good place to enter anyway.… pic.twitter.com/iLS96yqKGv

— Cryptoinsightuk (@Cryptoinsightuk) October 18, 2026

Bitcoin's Range and the Rising Dominance Question

Bitcoin's recent price structure factored prominently into Cryptoinsightuk's assessment of XRP's next move. Bitcoin previously formed a range between approximately $80,000 and $87,000 before sweeping its lower boundary on October 15. That move resembles an earlier pattern in which Bitcoin swept range support before moving higher, and the analyst believes XRP could follow a similar recovery path, although a deeper correction remains possible.

The analysis outlines two potential scenarios for Bitcoin: a shallow correction that may already be complete, or a deeper three-leg ABC correction — a corrective structure drawn from Elliott Wave theory in which price traces three distinct swings. The second scenario remains the analyst's preferred outlook.

Bitcoin dominance adds another variable to XRP's short prospects. Cryptoinsightuk said the weekly chart appears to show a breakout from a pennant pattern, potentially signaling further Bitcoin outperformance. Rising Bitcoin dominance can indicate that Bitcoin is attracting a larger share of total crypto market capital. If that trend continues, altcoins such as XRP could face additional pressure even if Bitcoin itself rebounds.

Key Levels Ahead

The immediate question is whether the $1.30 support holds long enough to underpin a recovery toward $1.39. A confirmed breakout from the descending channel would strengthen the case for a move toward $1.87, while renewed selling could expose progressively lower levels, with $1.16 identified as the ultimate downside marker. Beyond XRP's own chart, how Bitcoin behaves around its recently swept $80,000-$87,000 range and whether the apparent pennant breakout on the weekly dominance chart holds are the broader market signals embedded in these roadmaps. The next directional move for XRP depends on how price responds around these support and resistance zones.

Source: Blockonomi