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XRP price dips to $1.45 amid $3.14M inflows in U.S. spot ETFs and upcoming XRPL upgrades.

Market News
07 Oct 2026
Crypto news
View Source
Bearish
XRP price dips to $1.45 amid $3.14M inflows in U.S. spot ETFs and upcoming XRPL upgrades.

XRP's price fell to around $1.45 following a $3.14 million net inflow into U.S. spot XRP ETFs on October 6, with Bitwise's inflows offsetting withdrawals from other funds. Despite the inflows, XRP dropped sharply during a crypto market selloff, losing about 4.3% in 24 hours and nearly 3.9% over the week. Technical indicators suggest bearish momentum with key support at $1.40 and resistance near $1.4850 shaping short-term price action. Additionally, Evernorth expects XRPN shares to begin trading on Nasdaq around October 12 after a slight delay, while XRP Ledger developers plan a network upgrade activation on October 9 to fix security issues. These events highlight ongoing institutional interest and technical developments amid volatile market conditions for XRP.

As of October 7, 2026, 19:17 WIB, XRP trades at Rp25,923 on Pluang, down 4.16% in one day, closely mirroring the article's noted 4.3% drop. XRP's market cap stands at Rp1.634,96 trillion with a 24-hour volume of Rp51,99 trillion. Despite the recent ETF inflows mentioned, Pluang data shows a majority of order activity leaning towards selling at 65%, indicating cautious sentiment among users holding XRP for an average of 71 days.

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