XRP (XRP) is trading with a small loss today, October 6, 2025, falling approximately 0.6% to October 6, 2025.
This is a classic dip, but the real question is, why is XRP down today, and will buyers step in at key zones? At the moment, short-term traders are probing support, while long-term holders watch whether this pullback becomes a buying opportunity.
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What’s Driving XRP Price Today?
XRP has seen a wave of selling, since about $950 million worth of XRP were sold over the past week, with over 320 million XRP moved to exchanges, reportedly from long-term holders. This points to profit-taking as the likely cause for the current market pressure.
Another indication of seller pressure is that even though the price of XRP is holding steady, futures traders are rapidly getting out of their positions.
As such, a combination of heavy selling from large holders and a pessimistic outlook from futures traders is the main reason why is XRP down today.
XRP Price Levels To Watch
The primary resistance is situated at $3.05, which represents the upper boundary of the momentary descending price channel. A decisive break here could help XRP with its current downtrend, in addition to allowing it to target the next area at $3.12 should bullish conditions return.
(Why is XRP down today, October 6, 2025)
Right now, the most important level to hold is near $2.94, and a breach below it could lead to a test of the secondary support buffer at $2.85. Falling below that could even lead to a drop toward $2.75.
What’s Next for XRP?
A sustained position above the $2.94 support, followed by a high-volume breakout above $3.05, could initiate a recovery. If that occurs, a run toward $3.12 also becomes a possibility.
However, a failure to hold the $2.94 support and falling below it may lead to a decisive break below $2.85. In case this happens, the likelihood of intensified selling pressure increases, and a path toward the $2.75 zone or lower opens.
For a long-term forecast, be sure to check out our full XRP price prediction.
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Conclusion
By examining why is XRP down today, we can conclude that the likely culprit of XRP’s current price loss is the big selling pressure coming from the huge wave of selloffs. Now, the key support and resistance levels come into play, and whether XRP rebounds or slips further will depend on if those levels hold and if bullish conviction returns with volume.
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