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XRP nears $1.53 breakout as largest holders freeze activity, signaling potential big move ahead.

Market News
04 Oct 2026, 19:38 WIB
UToday
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Bullish
XRP nears $1.53 breakout as largest holders freeze activity, signaling potential big move ahead.

XRP is consolidating tightly near $1.48–$1.51, pressing against a key $1.53 resistance level in a symmetrical triangle pattern. Large holders have frozen their 3.9 billion XRP tokens, showing patience ahead of major upcoming events like the Nasdaq listing of Evernorth's XRPN and a network upgrade. A breakout above $1.53 could trigger a rally to $1.62 and $1.70, while failure may lead to a retest of $1.46 support. The market is poised for a significant move, supported by steady inflows into U.S. spot XRP ETFs and institutional interest.

As XRP approaches a potential breakout near $1.53, it trades at Rp26.867 on Pluang as of Oct 04, 2026 23:51 WIB, showing a modest 0.95% gain over the past day. The market cap stands at Rp1.695,72 trillion with a 24-hour trading volume of Rp19,99 trillion. Despite the news of large holders freezing tokens, Pluang data shows a typical hold time of 71 days and a 70% sell order activity, indicating active trading interest among users.

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