XRP has dropped nearly 7% over the past week after failing to surpass the $1.60 resistance level, with trading volumes remaining high around $3 billion. The broader crypto market is showing weakness as early investors begin to take profits, despite supportive macroeconomic signals like a delayed U.S. rate hike. Market sentiment is neutral, reflecting a correction phase, while inflows to XRP ETFs have slowed significantly in October. On-chain data shows increased XRP inflows to exchanges, suggesting potential selling pressure, but technical support near $1.38 and $1.32 could stabilize the price. If selling intensifies, XRP might test the $1.26 support level before potentially resuming its rally toward a mid-term target of $1.80.
XRP is trading at Rp23.656 on Pluang as of Oct 09, 2026 00:52 WIB, down 6.66% in one day, which aligns closely with the article's note of a nearly 7% drop over the past week. Despite this decline, XRP's market cap remains substantial at Rp1.530,8 trillion, and its 24-hour trading volume is high at Rp70,88 trillion. The Pluang order activity shows a strong buying interest at 69%, contrasting with the current price weakness, while typical hold time on the platform is 72 days, indicating moderate investor patience amid the correction phase.
Bitcoin fell more than 4% to near $80,000 as crypto liquidations surpassed $1.1 billion, mainly affecting traders with long positions. Ether, XRP, and Solana also saw significant declines, reflecting broader market stress. Rising Brent crude prices a...
David Schwartz, co-creator of the XRP Ledger and Ripple's CTO Emeritus, will deliver a keynote at Swell 2026 in New York on October 28. He will discuss the next generation of XRP Ledger technology, focusing on AI integration, privacy features, and sc...
XRP fell about 5%-6% to $1.42 as part of a broader crypto market decline, driven by rising bond yields, high oil prices, and a strong dollar. Despite the near-term weakness and loss of the $1.50 support level, some analysts see a long-term upside pot...
Ripple's cryptocurrency XRP fell sharply by 5.21% in four hours to $1.33, extending its 24-hour decline to 6.68%. The drop was recorded on Binance's spot XRP/USDT market, with prices falling from $1.40 to $1.33. During this period, long liquidations ...
Analyst Gert van Lagen projects XRP could reach $50 if it breaks a key resistance level at $2.10 and gains strength relative to Bitcoin. This scenario assumes Bitcoin's price reaches about $450,000 and XRP's market cap hits around $3 trillion, surpas...
