XRP is approaching a bearish technical signal called the 'death cross,' where the 50-day moving average may fall below the 200-day average, confirming recent price declines from $1.66 to $1.34. This signal reflects past weakness rather than predicting new drops but often triggers selling pressure. Key support at $1.34 is being tested, with potential further declines to $1.25 or lower if broken. Conversely, closing above $1.40 could negate the death cross and lead to gains. Traders are watching daily closes closely to determine XRP's next move.
XRP trades at Rp24,036 on Pluang as of Oct 16, 2026 16:01 WIB, showing a 1.96% gain in the last day despite the approaching death cross signal mentioned in the news. The market cap stands at Rp1.524,16 trillion with a 24-hour trading volume of Rp37,26 trillion. Pluang users currently favor buying XRP, with 62% of order activity on the buy side and an average holding period of 72 days, indicating steady investor interest amid the technical uncertainty.
On October 15, U.S. spot ETFs linked to XRP and Zcash recorded a combined net outflow of $14.8678 million, with Zcash ETFs accounting for nearly all of this outflow at $14.7633 million. XRP ETFs had a smaller outflow of $104,500. In contrast, NEAR-li...
XRP led spot trading volume on South Korea's largest exchange, Upbit, surpassing Bitcoin and Ether with $145.6 million traded on Oct. 15 and $108.3 million on Oct. 16. This surge comes as South Korea's Financial Intelligence Unit blocked 27 offshore ...
XRP experienced a sudden $184 million inflow on Binance as traders bought the dip after US inflation data disappointed markets. This large speculative move helped XRP recover from a drop below $1.30, triggering a 5% price bounce despite broader marke...
On October 15, XRP and Dogecoin recorded the highest funding rates of 0.0100% every eight hours (annualized at 10.9%) among five major crypto perpetual futures. Dogecoin also led in open-interest growth with a 4.94% increase to $219.1 million, while ...
Crypto commentator The Modern Investor set bullish price targets for several cryptocurrencies, including XRP at $8.95, Bitcoin at $295,000, Ether at $11,000, and Cardano's ADA at $5. XRP's target represents a potential 573% increase from its $1.33 pr...
