XRPUSD prepares for a new move higher
Ahead of the release of the Federal Reserve meeting minutes, XRP is attempting to recover after its decline. The current price is 1.4714.
Technical outlook
On the H4 chart, XRPUSD formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, the price may form an upward wave as the signal develops, with the upside target at the 1.5300 resistance level.
The XRPUSD forecast for 7 October 2026 is moderately positive, although the main risk remains the broader macroeconomic environment.
Read more - XRPUSD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
Ahead of the release of the Federal Reserve meeting minutes, XRP is attempting to recover after its decline. The current price is 1.4714.
Technical outlook
On the H4 chart, XRPUSD formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, the price may form an upward wave as the signal develops, with the upside target at the 1.5300 resistance level.
The XRPUSD forecast for 7 October 2026 is moderately positive, although the main risk remains the broader macroeconomic environment.
Read more - XRPUSD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
