XRP price fell below the important $1.50 level to around $1.47 after a gradual decline from recent highs near $1.63. This drop reflects a lack of buying momentum rather than a sharp sell-off, with the market testing if $1.50 is a strong support or just a psychological level. The daily chart shows XRP remains above its 200-day moving average, keeping the medium-term trend bullish, but a new downtrend line from late September poses resistance. For the week, reclaiming $1.50 is crucial for bulls to target higher levels around $1.55 and $1.60, while failure to hold above $1.37 could shift the outlook to neutral or bearish. Overall, XRP remains in a range between $1.37 and $1.60, with potential for recovery if key supports hold.
XRP is trading at Rp26.588 on Pluang as of Sep 28, 2026 16:02 WIB, down 3.38% in one day, showing a sharper decline compared to its recent price range between $1.37 and $1.60 mentioned in the news. Despite this drop, buying interest remains strong with 74% of Pluang orders as buys and a typical holding period of 71 days, indicating that many investors still see medium-term potential in XRP. The market cap stands at Rp1.669,11 trillion, supporting its significant presence among digital assets on the platform.
A large XRP holder moved 580 million tokens worth about $900 million off exchanges in seven transactions, reducing XRP available for trading. This contributed to $6.76 million in net outflows and a 2.48% drop in XRP's exchange reserves by dollar valu...
XRP reached a session high of $1.56 after surpassing $1.50, a key level in its recent trading range. The token has struggled to hold above $1.60 in past attempts, making the $1.60-$1.65 range the next major resistance. For XRP to reach $2, it would n...
U.S. spot XRP ETFs now hold nearly 1.18 billion XRP, about 1.18% of the total fixed supply, with Bitwise leading at 413.1 million XRP. This accumulation is significant as Ripple's escrow is set to release up to 1 billion XRP on October 1, an amount c...
After the U.S. Senate narrowly blocked the Digital Asset Market Clarity Act, the SEC and CFTC are independently pushing forward with new crypto regulations to fill the legal gap. The SEC is proposing flexible registration exemptions for crypto startu...
SoFi Bank has launched SoFiUSD, its own stablecoin, to settle over $25 billion annually through Mastercard's global payments network, moving from pilot to live production. This bank-issued stablecoin is redeemable 1:1 for U.S. dollars and backed by c...
