Market analyst Peter Brandt highlights a bullish "cup-and-handle" pattern forming in XRP's price chart, with the crucial $1.65 level acting as the breakout point. XRP is currently trading around $1.52, just above its 200-day moving average, and needs to surpass $1.65 to confirm the pattern and potentially trigger a strong upward move. The pattern began with XRP's August rally, followed by a pullback and recent consolidation forming the "handle." A break below $1.45 would weaken this bullish setup. Brandt has also suggested a long-term XRP price target of $5.40, though no timeframe was given.
Following Peter Brandt's focus on XRP's key breakout level, the token is trading at Rp26.859 on Pluang as of Oct 05, 2026 21:51 WIB, showing a modest 0.36% gain over the past day. XRP's market cap stands at Rp1.708,47 trillion with a 24-hour trading volume of Rp36,93 trillion. Pluang users currently favor buying XRP, with 80% of order activity on the platform being buy orders and an average holding period of 71 days.
Ripple's stablecoin RLUSD reached $2.409 billion in circulation, supported by $2.5315 billion in reserves as of September 24. This means the reserves exceed the circulating supply by about $122.5 million, indicating strong backing and stability for t...
XRP has become the most traded cryptocurrency in South Korea, surpassing Bitcoin and Ethereum, driven by local developments including Kakao Bank's plan to deploy blockchain infrastructure by 2027 and interest from other banks like Woori and K Bank. T...
At the XRPL Seoul conference, Ripple President Monica Long forecasted a significant increase in Real-World Assets (RWAs) on the XRP Ledger, expecting growth from $6 billion to $30 billion. She also predicted a 10-fold rise in yearly transactions to 1...
ChatGPT forecasts XRP to likely trade between $1.75 and $2.05 by December 31, 2026, with a weighted average near $1.95 to $2.10. Key resistance lies at $1.60 to $1.70, and breaking above this could push XRP toward $2 or higher. Institutional demand f...
XRP traded weakly as bearish sentiment grew in crypto communities early October, with social data showing more negative than positive commentary. Despite the dip, technical analysts see potential for a short-term bounce toward $2, supported by chart ...
