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XRP jumps 8.7% near $1.54 amid whale buying and Ripple custody launch in South Africa

Market News
22 Sep 2026
Blockonomi
View Source
Bullish
XRP jumps 8.7% near $1.54 amid whale buying and Ripple custody launch in South Africa

XRP surged 8.7% to trade near $1.54, hitting a high of $1.57, driven by significant whale accumulation and a new Ripple-powered custody service launched by South African bank Absa. Veteran trader Peter Brandt shared a long-term chart suggesting XRP could eventually reach $5.40, though this is a distant target. Despite the Senate's failure to advance the CLARITY Act, which could have benefited XRP, demand remains strong with analyst Ali Martinez noting potential short-term resistance at $1.60. Increased transaction activity and open interest on the XRP Ledger highlight growing market engagement.

Following XRP's recent rally linked to Absa's new custody service, on Pluang XRP trades at Rp27.551 as of Sep 22, 2026 17:02 WIB, showing a 1-day gain of 5.12%. The market cap stands at Rp1.705,04 trillion with a 24-hour trading volume of Rp129,62 trillion. Buy orders dominate at 65%, and typical holders keep their XRP for about 71 days, indicating steady investor interest during this period of heightened activity.

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XRP jumps 8.7% as trader Peter Brandt predicts rise to $5.40 amid Ripple custody service launch

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