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 potential for XRP to reach $27, based on historical technical patterns similar to its 2017 breakout. The current selloff is largely due to macroeconomic pressures and forced liquidations of leveraged long positions, not XRP-specific news. This suggests that while short-term volatility persists, XRP could still have significant growth potential in the long run.
XRP trades at Rp23.769 on Pluang, down 6.28% as of Oct 09, 2026 00:41 WIB, mirroring the article's noted 6% drop to $1.42. The platform shows a strong market cap of Rp1.530,8T and robust trading volume of Rp70,88T in 24 hours, with 69% of orders leaning towards buying. This activity highlights ongoing investor interest despite the short-term price decline discussed in the news.
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...
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...
On 8 October 2026, the crypto market plunged with Bitcoin dropping 2.9% to $80,986, and altcoins like Ethereum and XRP falling even harder. The crash was driven by three main factors: the Federal Reserve signaling potential further rate hikes, a rapi...
A Dutch cryptocurrency analyst, Gert van Lagen, suggests XRP may eventually hit $50, citing a symmetrical triangle pattern on the monthly chart as a key technical indicator. The critical resistance level to watch is $2.10, which if broken, could sign...
