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

Technical Signals
19 Oct 2026
AMBCrypto
View Source
Bullish
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 activity and potential price support. Options data shows bullish sentiment with call options doubling puts, highlighting a focus on the $2 price target. If XRP maintains support at $1.25, it could push toward $1.40 or even $1.50, but losing this support may lead to a drop back to $1.

Following the surge in XRP's transaction volume highlighted in the news, XRP on Pluang is trading at Rp23,424 with a 1-day gain of 2.56% as of Oct 20, 2026 02:22 WIB. The platform shows a market cap of Rp1.479,37 trillion and a 24-hour trading volume of Rp33,89 trillion. Pluang users currently lean towards buying XRP, with 60% of orders as buys and a typical hold time of 72 days, indicating steady investor interest.

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