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Home»Security»XRP fell 2.3% while Ripple CTO David Schwartz comes out
Security

XRP fell 2.3% while Ripple CTO David Schwartz comes out

October 2, 2025No Comments
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The XRP price fell 2.3% in the last 24 hours to negotiate $ 2.86 at 3.30 h 00, in the middle of the news that David Schwartz will resign as Director of Technology (CTO) of RIPPLE.

Although he no longer takes care of daily responsibilities as CTO, Schwartz has assured the XRP community that he does not go entirely. He intends to remain committed and to continue to contribute to the ecosystem, to strengthen his long -standing commitment to Ripple and his community.

🚨just in: cto de @Ripple – David Schwartz is back! #Xrp pic.twitter.com/gxwzdvso93

– JackTheripler © ️ (@Ripplexrpie) September 30, 2025

Schwartz’s continuing participation as a member of the board of directors should provide continuity and technical advice. Ripple’s engineering is now led by Dennis Jarosch, who is carrying out the technological innovations of Ripple.

Investors will closely monitor any new advertisement or partnership of products that could increase the price and adoption XRP.

As it happens in his life, I have taken stock of my last 40 years. It was a wild ride. I went from the advice to the NSA at the early stages of Bitcoin. Then, I met Arthur, Jed and Chris and I worked on the coding of the big XRP book. Now I spent over 13 years …

– David ‘Joelkatz’ Schwartz (@joelkatz) September 30, 2025

XRP active addresses fall because the price is stable

Ledger XRP active addresses Source: Cryptochant

The XRP price decreases in the middle of the change of leadership

The price of XRP has decreased recent peaks, reaching a small almost $ 2.81 before bolishing at around $ 2.86 in the last 24 hours. The room is still above its large, simple 200-day mobile average (SMA) at $ 2.56, which acts as a strong level of support and attenuates deeper losses.

The SMA of 50 days to $ 2.94 serves as resistance, which means that XRP must erase this to resume the momentum upwards.

XRP priceXRP price

Xrpusdt Source analysis: tradingView

Looking at the graphic, the XRP price is negotiated between the main levels of Fibonacci trace of its recent peak of almost $ 3.66 down $ 2.07. The price is currently close to the level of retracement from 0.618 to $ 2.68, a common support area during corrections.

Technical indicators reflect neutral market conditions. The relative resistance index (RSI) is close to 46.49, not suggesting any strong dynamics anyway. The MacD is slightly lower than the signal line but close to neutrality, signaling possible price consolidation.

The average directional index (ADX) can be read 14.88, indicating a low trend, which means that the market can expect new catalysts.

If XRP exceeds SMA 50 days to $ 2.94, the next resistance area is between $ 3.00 and $ 3.20. Overcoming this could trigger a renewal of purchases and a higher level test near the peak of $ 3.60.

However, if the price falls below SMA from 200 days to $ 2.56, XRP could review the lower supports almost $ 2.41 and $ 2.07, risking selling in the short term.

XRP remains supported by mobile averages and fibonacci levels, while technical indicators suggest a waiting market.

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