XRP's price reaching $2 is delayed, with technical indicators like Bollinger Bands showing a prolonged sideways trend expected to last until 2028. Despite strong development in Ripple's infrastructure and legal clarity, steady monthly token releases from escrow and tight macroeconomic conditions limit price growth. Key factors that could trigger a breakout include increased institutional demand, Fed rate cuts, DeFi lending growth, or wider adoption of Ripple's stablecoin. Until then, XRP bulls should prepare for a long wait amid ongoing supply pressure.
XRP is trading at Rp23.308 on Pluang as of Oct 24, 2026, 11:21 WIB, showing a 2.08% decline in the past day. The market cap stands at Rp1.474,41 trillion, with a 24-hour trading volume of Rp28,54 trillion. Notably, sell orders dominate at 77%, while the typical holding period is 72 days, indicating cautious sentiment among investors during this extended sideways phase.
Franklin Templeton's tokenized money-market fund, sgBENJI, shows varying unit amounts and valuations across blockchain networks. On Oct. 23, sgBENJI units totaled 48.3 million on XRP Ledger and 26.9 million on Stellar, with a combined value near $75....
On October 23, Zcash (ZEC) and NEAR spot ETFs recorded net inflows of $20.52 million and $992,689 respectively, while other tracked altcoin spot ETFs such as XRP, Solana (SOL), Dogecoin (DOGE), Chainlink (LINK), Avalanche (AVAX), and others showed no...
Amonyx, a commentator on X, predicted an impressive bull run for XRP without specifying a price target. Key Fibonacci retracement levels for XRP were noted at $1.3359, $2.1847, $4.8417, and $7.9180, indicating potential price milestones. Previous ana...
XRP's recent price rebound did not follow the expected five-wave Elliott Wave pattern, instead showing a weaker three-wave recovery. Currently trading around $1.32, XRP is close to the 61.8% Fibonacci retracement level at $1.31, with several nearby s...
XRP has been trading within a range of approximately $1.25 to $1.60 for about 10 weeks, showing price compression after a significant 70% gain in August. Analyst ChartNerd highlights a parallel channel between the 20-week and 50-week moving averages,...
