XRP trades below key moving averages ahead of Fed decision and Ripple's Swell conference
XRP trades near $1.40, below its 21- and 55-period exponential moving averages, ahead of a Fed rate decision and Ripple's Swell conference in the last week of October.
Why it matters
Two scheduled catalysts fall in the same week, and a Federal Reserve rate decision can move XRP alongside other risk assets while the Swell conference gives Ripple a venue to make announcements. The desk's evidence is one outlet's technical read with no second source, no on-chain data and no company or regulator statement, so the significance is limited to that single forecast.
Key facts
XRP traded below the 21-period exponential moving average at $1.4153.
1.415 USDReported by The Crypto Basic
XRP traded below the 55-period exponential moving average at $1.4508, which the analysis pairs with the $1.4458 level to form a resistance barrier around $1.44 to $1.45.
1.451 USDReported by The Crypto Basic
A bearish Break of Structure occurred last week at $1.4458 and changed the market structure in favour of bears.
1.446 USDReported by The Crypto Basic
XRP rebounded from a swing low of $1.3189 recorded last week.
1.319 USDReported by The Crypto Basic
The $1.531 swing high remains untouched, so XRP has not yet challenged the level bulls would need to break.
1.531 USDReported by The Crypto Basic
The Federal Reserve's interest rate decision and Ripple's Swell conference are both scheduled for the final week of October, 15 days after the report.
Reported by The Crypto Basic
The Crypto Basic reported XRP down 17.6% in 2026; the text available to the desk cuts off before the comparison date is stated.
17.6 %Reported by The Crypto Basic
What happened
XRP is trading near $1.40 and sits below both its 21-period exponential moving average at $1.4153 and its 55-period average at $1.4508, according to The Crypto Basic's technical analysis of the 4-hour chart. A bearish Break of Structure printed last week at $1.4458, which that analysis treats as resistance and pairs with the 55-period average to form a $1.44 to $1.45 barrier zone. Price has rebounded from a swing low of $1.3189 recorded last week, yet the $1.531 swing high is still untouched, and The Crypto Basic puts XRP's 2026 fall at 17.6%. The outlet frames the next two weeks as the decisive stretch, with the Federal Reserve's interest rate decision and Ripple's Swell conference, billed as Ripple's largest to date, both scheduled for the final week of October. The claim that bears will try to push XRP lower before those dates is a forecast from one technical analyst, not a reported event. Crypto News (CryptoNews.net) republished the same analysis roughly three hours after The Crypto Basic posted it and added no independent reporting, so both articles trace to a single source.
How the story developed
- First report
First report by The Crypto Basic
XRP Most Consequential Week Is Still 15 Days Away, and Bears Want to Strike First
- Update
The Crypto Basic publishes technical analysis of XRP below its key moving averages
Analysis cites a bearish Break of Structure at $1.4458, a swing low of $1.3189 and an untouched $1.531 swing high, and points to the Fed rate decision and Ripple's Swell conference 15 days out.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 13 Oct 2026, 07:34 UTC: The Crypto Basic — 1 independent source, 1 reports
Affected entities
Also mentioned: United States
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| The Crypto Basic Crypto media | XRP Most Consequential Week Is Still 15 Days Away, and Bears Want to Strike First | Original | |
| Crypto News (CryptoNews.net) Aggregator | XRP Most Consequential Week Is Still 15 Days Away, and Bears Want to Strike First | Syndicated |
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