XRP's price increased by 2.11% within one hour to $1.52, partially recovering from a 24-hour decline. This rise was driven by $370,000 worth of short position liquidations on exchanges like Binance, Bybit, and OKX, while no long positions were liquidated. Despite this hourly gain, XRP still fell 1.21% over the past day and remains the fifth largest cryptocurrency by market cap at around $93.8 billion. The short liquidations indicate some traders betting against XRP were forced to close positions, which temporarily boosted the price.
XRP trades at Rp27,325 on Pluang as of Sep 28, 2026 20:06 WIB, down 0.74% over the past day despite the short liquidations noted in the article. The platform shows a market cap of Rp1.685,81 trillion and a 24-hour volume of Rp68,2 trillion, with 74% of Pluang users buying XRP and a typical hold time of 71 days. This contrasts with the article's mention of a 2.11% hourly price jump to $1.52 triggered by $370,000 in short liquidations, illustrating different time frames and market dynamics.
Veteran trader Peter Brandt highlighted the XRP chart's interesting price compression patterns that historically led to strong rallies, sparking renewed interest in the token. However, he clarified that he has not bought XRP nor set a new price targe...
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XRP faced $11.99 million in liquidations over 24 hours during a wider crypto market downturn on Sept. 28, with long positions accounting for $10.88 million and shorts $1.11 million. This created a roughly 980% imbalance favoring long liquidations. XR...
Ripple aims to tap into the $155 trillion global cross-border payments market, distinct from the $685 billion consumer remittance market targeted by its RLUSD stablecoin. Recent developments include South Korea’s Jeonbuk Bank replacing SWIFT with Rip...
A large XRP holder moved 580 million tokens worth about $900 million off exchanges in seven transactions, reducing XRP available for trading. This contributed to $6.76 million in net outflows and a 2.48% drop in XRP's exchange reserves by dollar valu...
