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XRP nears $1.50 amid 16% weekly gain and key events hinting at a bullish breakout soon.

Technical Signals
04 Oct 2026, 20:45 WIB
Blockonomi
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Bullish
XRP nears $1.50 amid 16% weekly gain and key events hinting at a bullish breakout soon.

XRP is trading near $1.50 after gaining about 16% this week, consolidating within a triangle pattern that suggests a significant price move may be imminent. Whale holdings of XRP have remained stable, indicating no major shifts from large investors. Key upcoming events in early October, including XRP Seoul, the Evernorth acquisition closing, XRPN's Nasdaq debut, and an XRPL mainnet upgrade, are expected to influence XRP's price. A 4-hour close above $1.53 could confirm a bullish breakout, potentially pushing the price to $1.62 and beyond, with further resistance levels at $1.88 and $2.90 in sight.

XRP is trading at Rp26,800 on Pluang with a modest 0.38% gain as of Oct 05, 2026 01:02 WIB, showing steady interest among investors. The platform data reveals a strong buy sentiment with 80% of order activity favoring purchases and a typical hold time of 71 days, indicating patient accumulation. These figures provide context to the upcoming October catalysts mentioned in the news, which could influence XRP's price dynamics further.

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