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XRP nears key $1.53 level; a four-hour close above could trigger a rise to $1.62 amid stable whale holdings.

Technical Signals
05 Oct 2026
Coinpaper
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Bullish
XRP nears key $1.53 level; a four-hour close above could trigger a rise to $1.62 amid stable whale holdings.

XRP is approaching a critical resistance level at $1.53, with analyst Ali Martinez noting that a four-hour close above this price could confirm a move toward $1.62, representing about 7% upside. Despite previous attempts to break above $1.50, XRP has struggled to sustain momentum near $1.57-$1.63. Unlike September, when large holders (whales) accumulated significant amounts of XRP, whale holdings have remained stable this week, making the technical breakout confirmation more crucial. Institutional demand remains strong, with U.S. XRP ETFs holding over 1 billion XRP, indicating continued interest even as price consolidation occurs near resistance.

As XRP nears its critical resistance level, it trades at Rp27.157 on Pluang as of Oct 05, 2026 17:27 WIB, showing a 1.28% gain in the last day. The market cap stands at Rp1.707 trillion with a substantial 24-hour trading volume of Rp34.43 trillion. Notably, Pluang users are predominantly buyers, with 80% of order activity on the platform favoring purchases and an average holding period of 71 days.

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