XRP's recent price rebound did not follow the expected five-wave Elliott Wave pattern, instead showing a weaker three-wave recovery. Currently trading around $1.32, XRP is close to the 61.8% Fibonacci retracement level at $1.31, with several nearby support levels identified between $1.29 and $1.21. Maintaining these Fibonacci levels is crucial for sustaining the recovery, while falling below them could lead to further price declines. Investors should watch these technical levels closely to gauge XRP's next moves.
XRP is trading at Rp23.315 on Pluang as of Oct 24, 2026 09:51 WIB, showing a 1-day decline of 2.15%. Despite this drop, XRP maintains a significant market cap of Rp1.475,73 trillion and a high trading volume of Rp29,01 trillion in the past 24 hours. The platform data also shows a strong sell sentiment with 77% of orders being sell orders, contrasting with the 23% buy orders, which aligns with the cautious technical outlook described in the article.
XRP has been trading within a range of approximately $1.25 to $1.60 for about 10 weeks, showing price compression after a significant 70% gain in August. Analyst ChartNerd highlights a parallel channel between the 20-week and 50-week moving averages,...
Chart analyst Albert Brown predicts a potential trend shift for XRP around July or August 2027 if the pattern of roughly yearlong price advances and declines continues. His analysis is based on historical price phases lasting about 12 to 14 months, t...
On October 23, Ether was the only major cryptocurrency among five tracked to have a negative perpetual-futures funding rate, meaning short sellers pay long holders. Its rate was -0.0002% every eight hours, or -0.3% annualized. In contrast, XRP had th...
Crypto commentator Austin Hilton highlighted that limited liquidity and ongoing economic uncertainty are preventing crypto markets from sustaining a strong rally. While positive factors like Bitcoin strength, improved social sentiment, and clearer U....
XAO DAO has approved Proposal 66, which authorizes the planned deployment of 80% of its XRP treasury to Firelight. This governance decision sets Firelight as the primary recipient of the DAO's XRP reserve, although the actual transfer has not yet occ...
