XRP prices have stabilized at $2.85 as Ripple’s Chief Technology Officer David Schwartz announced plans to step down in 13 years, with traders focusing on leadership changes against broader market signals.
summary
- XRP is down 1.5% at $2.85, but remains stable within range.
- Ripple CTO David Schwartz will end his role in December 2025 and join the board.
- The technical shows integration, with key levels of $2.71 and $2.98.
XRP was trading at $2.85 at the time of writing, down 1.5% from the previous day, but the seven-day range is between $2.71 and $2.98. Despite the short decline, tokens rose 1.2% last week and 4% last month, indicating resilience during a time when emotions in the Ripple ecosystem are changing.
Market activities suggest steady participation. XRP (XRP) 24-hour trading volume was nearly $4.9 billion, up 0.5% from the previous day. Coinglass data showed futures volumes fell 3.9% to $52.1 billion, with a 1.57% slide of $7.42 billion.
That decline suggests that traders are reducing leveraged bets and setting the tone of the spot market. For now, the tone appears to be stable.
Schwartz will retreat as the community considers leadership changes
Ripple’s longtime chief technology officer David Schwartz, best known by the XRP community as Joelkatz, announced on September 30 that he would step down from his position at the end of 2025. In his long message about X, Schwartz explained that for 13 years, one of the greatest honors of his life, second only to his family.
Schwartz explained that he will remain close to the community while he retreats from his daily responsibilities. He plans to continue running his own XRPL nodes, experimenting with new use cases for XRP, and continuing to engage with developers.
Ripple confirmed that he will move into the role of CTO honor and join the company’s board of directors. CEO Brad Gerlinghouse praised Schwartz as a technical visionary and a cornerstone of Ripple’s culture, joking that his new board seat made him the “boss now.”
Although some traders speculated about timing and pointed out that news came as Swift confirmed it was exploring its own blockchain-based solution, most communities remained optimistic.
XRP Pricing Technology Analysis
XRP is trading in the integrated phase. The momentum indicator is primarily neutral, the stochastic oscillator is close to medium levels, with a relative strength index of 45. There is no clear trend as the commodity channel index and ultimate oscillator remain in the neutral region.
Moving averages are the shortest-term EMA and SMAS signaling sales, painting slightly bearish close pictures. However, the 100-day and 200-day averages continue to point to the underlying strength and long-term support for tokens. The reduction in volatility that often precedes a breakout is indicated by the narrowing of the Bollinger band.
If the Bulls regain momentum, going above the $2.98 resistance level will pave the way for $3.17 and there is room for more running as broader market sentiment becomes risk-on. On the other hand, if you don’t hold above the $2.71 support level, your setup will weaken and expose your XRP to a potential retreat towards the $2.60 range.