XRP's price has continued to rise despite significant short-selling in the perpetual market, supported by strong spot accumulation. Spot investors are moving XRP into private wallets, indicating long-term holding, which helps absorb selling pressure. Additionally, a positive funding rate suggests that most traders in the perpetual market favor long positions, reinforcing the bullish trend. However, if the funding rate overheats, it could threaten XRP's upward momentum.
XRP is trading at Rp26.717 on Pluang with a slight 0.41% decrease in the last day, showing some selling pressure despite the news of bullish absorption. The market cap stands at Rp1.678,6 trillion, and 60% of recent orders are buys, indicating ongoing interest. These figures are current as of Sep 29, 2026 12:11 WIB.
Between September 16 and 27, XRP's price increased by about 5% despite selling pressure in spot and perpetual markets. The spot cumulative volume delta worsened, indicating increased negative volume, but net outflows from exchanges suggest accumulati...
XRP's price fell 2.24% within an hour to $1.47 on September 28, extending its 24-hour decline to 2.88%. The drop from $1.50 led to $2.01 million worth of long XRP positions being liquidated across major exchanges like Binance, Bybit, and OKX, while s...
Bitcoin remained above $83,000 on September 29 even as $511 million in crypto positions were liquidated within 24 hours, signaling market pressure. The decline in Bitcoin was limited to 1.14%, while Ether slightly rose and other major coins like Sola...
XRP dropped to $1.47 after falling below the key $1.50 level, continuing a six-week streak below its 50-week exponential moving average (EMA). This sustained decline signals weakening momentum and worries for bulls, as the 200-day EMA at $1.37 is the...
Ripple aims to tap into a $155 trillion market linked to SWIFT's annual trading volume by leveraging its XRP technology and RippleNet. The company highlights XRP's design, which allows micro-unit divisions called 'Drops,' potentially boosting valuati...
