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XRP jumps over 5% amid crypto market recovery and Fed rate hike clarity.

Technical Signals
19 Sep 2026, 17:49 WIB
FXEmpire
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Bullish
XRP jumps over 5% amid crypto market recovery and Fed rate hike clarity.

XRP surged more than 5% in 24 hours as the crypto market rebounded following a turbulent week marked by a failed U.S. Senate vote on the Clarity Act and reassurances from the SEC about favorable crypto regulations. The Federal Reserve's expected interest rate hike and hawkish comments boosted investor confidence, leading to a short squeeze that pushed XRP and other altcoins higher. Technical analysis suggests XRP could rise 46% more if it breaks above $1.50, signaling a continuation of the recent uptrend fueled by strong demand and positive momentum indicators.

Following XRP's recent surge linked to regulatory optimism and a short squeeze, the token trades at Rp25.379 on Pluang as of Sep 19, 2026 22:21 WIB. The platform shows a 3.43% gain in the last day, with a market cap of Rp1.608,36 trillion and a 24-hour trading volume of Rp86,49 trillion. Buy orders currently outpace sells at 60% to 40%, while typical holders keep XRP for about 71 days.

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