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XRP nears $1.40 resistance ahead of Ripple Swell 2026 with institutional focus but no guaranteed price move.

Market News
23 Oct 2026
Crypto Economy
View Source
Neutral
XRP nears $1.40 resistance ahead of Ripple Swell 2026 with institutional focus but no guaranteed price move.

XRP traded around $1.30-$1.33 ahead of Ripple Swell 2026, an event running October 27-29 in New York featuring speakers from BlackRock and the IMF. The $1.40 price level remains a key resistance point that XRP must surpass and sustain to confirm a breakout. While the conference draws significant institutional attention and highlights developments in payments, tokenization, and stablecoins, it does not guarantee an immediate impact on XRP's price. Institutional interest in XRP ETFs continues to grow in 2026, supporting liquidity but not necessarily causing price spikes before or during the event.

XRP's market cap stands at Rp1.495,76 trillion as of Oct 24, 2026, with a 24-hour trading volume of Rp29,28 trillion on Pluang. The token is trading at Rp23.627, showing a slight 1-day increase of 0.08%, while sell orders dominate at 77% compared to 23% buy activity. Typical hold time on Pluang is 72 days, indicating moderate investor patience ahead of the Ripple Swell 2026 event.

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