Investment
Features
FeesSafety
Academy
More
Pluang+

Ripple (XRP) rises 2.3% after strong support bounce, eyes $1.55 recovery if resistance breaks

Market News
19 Oct 2026
FXEmpire
View Source
Neutral
Ripple (XRP) rises 2.3% after strong support bounce, eyes $1.55 recovery if resistance breaks

Ripple (XRP) increased by 2.3% after bouncing off a key support level at $1.26, signaling a potential trend reversal if it breaks above $1.31. Trading volumes surged nearly 56%, showing strong buying interest. However, XRP has underperformed compared to Ethereum and Solana, partly due to setbacks in U.S. legislative support and declining ETF inflows. If XRP surpasses $1.31 and confirms a bullish pattern, it could recover to $1.55; otherwise, a deeper correction toward $1 is possible.

XRP trades at Rp23,426 with a 3.03% gain on Pluang as of Oct 20, 2026 02:41 WIB, showing stronger daily growth than Ethereum and Solana. Despite XRP's recent bounce, Pluang order activity favors buying at 60%, contrasting with Ethereum's 57% sell-side bias. This market behavior aligns with the article's note on XRP's potential recovery if it surpasses key resistance levels.

More News (XRP)

Ripple's David Schwartz sees a trillion-dollar opportunity as DeFi adoption nears mainstream in 2027.

Ripple's David Schwartz sees a trillion-dollar opportunity as DeFi adoption nears mainstream in 2027.

David Schwartz, Ripple's Emeritus developer, predicts a multi-trillion dollar opportunity as decentralized finance (DeFi) becomes mainstream. He highlights the growing tokenization market and easing regulatory barriers, encouraging developers to buil...

Market News
Bullish
4 hours ago
XRP must rise above $1.36 weekly EMA to confirm trend reversal, says analyst.

XRP must rise above $1.36 weekly EMA to confirm trend reversal, says analyst.

Crypto analyst Steph Is Crypto says XRP needs to climb above the weekly EMA ribbon at $1.36-$1.37 to confirm a trend reversal. Currently near $1.30, a close below this level signals a negative near-term outlook. Historical data shows XRP takes months...

Technical Signals
Neutral
4 hours ago
XRP transaction volume soars 50x, bullish options hint at price rise above $1.40 if $1.25 support holds

XRP transaction volume soars 50x, bullish options hint at price rise above $1.40 if $1.25 support holds

XRP's transaction volume on the XRP Ledger surged dramatically from $832 million to $49.66 billion overnight, driven mainly by South Korean traders. Despite a modest price increase from $1.25 to $1.30, the volume spike suggests strong underlying acti...

Technical Signals
Bullish
4 hours ago
XRP market value drops $6.52B, falling 7.33% from Oct 12-19, largest decline among major cryptos.

XRP market value drops $6.52B, falling 7.33% from Oct 12-19, largest decline among major cryptos.

XRP's market value fell by $6.52 billion, or 7.33%, between October 12 and October 19, dropping from $88.95 billion to $82.43 billion. This decline was steeper than Bitcoin's 1.99% and Ether's 4.99% losses over the same period. The decrease reflects ...

Market News
Bearish
5 hours ago
Ripple's CTO says institutional interest in blockchain has grown, highlighting XRP's evolving role in payments.

Ripple's CTO says institutional interest in blockchain has grown, highlighting XRP's evolving role in payments.

Ripple CTO Emeritus David Schwartz shared that Ripple initially downplayed the blockchain aspect of XRP payments to hesitant institutional clients but now sees growing interest in blockchain strategies among firms. Ripple's On-Demand Liquidity servic...

Protocol Fundamentals
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App