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XRP may skip final rally and drop to $1.27 support amid tightening range below $1.65 resistance.

Technical Signals
06 Oct 2026
Bitcoin
View Source
Neutral
XRP may skip final rally and drop to $1.27 support amid tightening range below $1.65 resistance.

XRP is trading below a key resistance near $1.65 and may either make a final push toward $1.70 or begin a pullback directly to $1.27 support, with a deeper drop to $1.10 possible. A breakout above $1.80 could turn $1.65 into a new support level, signaling strength. Despite near-term volatility, the broader bullish trend remains intact, with longer-term targets at $10, $13, and $16 if the uptrend develops. Futures trading volume remains high, while liquidation pressures on Binance have eased, indicating cautious optimism among traders.

XRP's potential pullback to support levels aligns with its current performance on Pluang, where it trades at Rp26,155 as of Oct 07, 2026 09:42 WIB, down 2.55% in the last day. The platform shows a market cap of Rp1.646,62 trillion and a 24-hour trading volume of Rp43,87 trillion. Notably, 65% of Pluang users are selling XRP, with a typical hold time of 71 days, indicating cautious sentiment among investors.

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