A large XRP whale withdrew 580 million tokens in seven transactions worth about $900 million, reducing the amount of XRP available on exchanges for immediate trading. This withdrawal, combined with ongoing spot net outflows and a 2.48% drop in exchange reserves, signals a tightening supply on exchanges. XRP recently broke out of a descending pennant pattern, pushing its price near the $1.57 resistance level, with technical indicators supporting potential further gains toward $1.70 if the resistance is cleared. However, failure to break this resistance could see a pullback to the $1.50 support level.
As of Sep 28, 2026 06:11 WIB, XRP trades at Rp27.084 on Pluang, showing a slight decline of 0.60% over the past day. The market capitalization stands at Rp1.702,24 trillion with a 24-hour trading volume of Rp47,73 trillion. Despite the recent large token withdrawal noted in the news, Pluang data shows a strong buy interest with 74% of orders favoring purchases, and typical holding time is 71 days, indicating steady investor confidence.
A total of 577,815,416 XRP tokens, valued at about $900 million, were transferred from Uphold to an unidentified wallet in seven transactions while XRP traded near $1.53. This movement coincided with a decline in exchange-side supply and a $6.76 mill...
The total cryptocurrency market capitalization rose 4% to $2.99 trillion last week, briefly surpassing $3 trillion before a slight Bitcoin pullback. Bitcoin cash (BCH) surged 34% following CME's announcement of BCH futures, while NEAR gained over 30%...
Crypto analyst Egrag Crypto warns that XRP could either crash dramatically to $0.15, losing over 90% from current levels, or surge to as high as $30, a 27-fold increase. The key support level is around $1.47, near its 77-month moving average; falling...
Trader Peter Brandt noted that XRP's price charts alone justify considering a bet on the cryptocurrency, distancing himself from extreme loyalty among some supporters. He emphasized that his comments focus on technical analysis of XRP's price history...
Veteran trader Peter Brandt highlighted XRP's long-term price patterns as a compelling reason to consider a bet on the token, even as he remains skeptical of the unwavering loyalty from some XRP supporters. His analysis spans over a decade of XRP tra...
