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XRP rallies over 50% in a month with rising open interest, but caution remains amid mixed market signals.

Technical Signals
29 Sep 2026
Zycrypto
View Source
Bullish
XRP rallies over 50% in a month with rising open interest, but caution remains amid mixed market signals.

XRP has surged more than 50% in value over the past month, currently trading around $1.51. This rally is supported by a significant increase in open interest, indicating growing investor activity and speculative interest. However, analysts warn caution as similar conditions in the past led to major liquidations, and recent market indicators show weakening demand. The future direction may depend on Bitcoin's ability to break resistance levels around $90,000 to $100,000, which could influence XRP's trend.

While XRP has surged 50% in the past month according to the article, on Pluang it trades at Rp26.824 with a slight 1-day decline of 0.17% as of Sep 30, 2026 04:23 WIB. XRP's market cap stands at Rp1.688,34 trillion, and it shows strong buying interest with 74% of orders on Pluang being buys. The typical hold time of 71 days suggests moderate investor patience despite recent volatility.

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