Investment
Features
FeesSafety
Academy
More
Pluang+

XRP faces sharp sell-off as leveraged longs liquidate heavily, testing key support levels.

Technical Signals
07 Oct 2026
Dailycoin
View Source
Bearish
XRP faces sharp sell-off as leveraged longs liquidate heavily, testing key support levels.

XRP's price dropped below critical support between $1.45 and $1.55 due to a large liquidation of over-leveraged long positions, totaling $12.82 million out of $13.31 million liquidated. This unusual imbalance favors short-sellers in the short term, but overall market data still shows bulls holding some control. XRP is currently trading around $1.44, with a key reversal level at $1.49; failure to hold above this could see it test the next support at $1.28. Increased exchange inflows and stable reserves will be crucial to watch as they may signal further downside risk or potential stabilization.

Following the sharp liquidation event impacting XRP bulls, the token is trading down 5.97% at Rp25,543 on Pluang as of Oct 07, 2026 22:17 WIB. Market activity shows a majority of sell orders at 65%, while typical holders keep their positions for about 71 days. This data highlights ongoing volatility and cautious sentiment among Pluang investors.

More News (XRP)

XRP supply in profit hits 57.17%, highest since January as price nears $1.51

XRP supply in profit hits 57.17%, highest since January as price nears $1.51

The share of circulating XRP tokens in profit has reached 57.17%, the highest level since January, as XRP trades near $1.51. This metric shows the portion of XRP last bought below the current price, indicating more holders are in profit amid recent p...

Technical Signals
Bullish
5 hours ago
Dogecoin falls 7% amid broad crypto selloff driven by rising oil, yields, and dollar strength

Dogecoin falls 7% amid broad crypto selloff driven by rising oil, yields, and dollar strength

Dogecoin led losses among major cryptocurrencies, dropping about 7% to $0.089 as Bitcoin, Ethereum, and XRP also declined amid a broad market selloff. The selloff is linked to rising oil prices above $100 per barrel, higher U.S. Treasury yields surpa...

Market News
Bearish
6 hours ago
Ripple mints $30M RLUSD stablecoin amid $59.5M issuance in two days, signaling rapid growth in its dollar asset.

Ripple mints $30M RLUSD stablecoin amid $59.5M issuance in two days, signaling rapid growth in its dollar asset.

Ripple recently minted $30 million worth of RLUSD stablecoins following a $59.5 million issuance over two days, reflecting active minting and burning tied to customer deposits and redemptions. RLUSD's market cap has grown to about $2.5 billion, domin...

Protocol Fundamentals
Bullish
6 hours ago
Ether and XRP dip as Sui momentum weakens; Zcash rises above key retracement level

Ether and XRP dip as Sui momentum weakens; Zcash rises above key retracement level

On October 7, Ether (ETH) and XRP prices declined following weaker closes on October 6, with ETH down 0.45% and XRP down 0.70%. Sui (SUI) showed reduced upside momentum as its MACD indicator fell below the signal line, though it did not enter a long-...

Technical Signals
Neutral
6 hours ago
XRP tests key support near $1.37 amid weak volume after pulling back from $1.51 resistance.

XRP tests key support near $1.37 amid weak volume after pulling back from $1.51 resistance.

XRP recently pulled back from a high of $1.51 and is now testing critical support levels around $1.37 and $1.45. The token's price rebound lacks strong volume confirmation, indicating cautious trading. Holding above $1.37, which aligns with its 200-d...

Technical Signals
Neutral
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App