XRP's price is near $1.29 after a sharp correction pushed its two-week Relative Strength Index (RSI) to the lowest level in its 13-year history, indicating extreme oversold conditions. Analysts note this RSI level is below past major market downturns, suggesting XRP might be near a cycle bottom, especially as it trades close to long-term channel support. However, XRP remains between key moving averages, and a drop below $1.29 could lead to a further decline toward $1.00. The situation presents a critical technical juncture where holding support may lead to stabilization, but failure could signal more downside risk.
XRP trades at Rp23.170 on Pluang as of Sep 18, 2026 00:31 WIB, showing a 3.59% gain in the last day. The market cap stands at Rp1.451,13 trillion with a 24-hour volume of Rp69,32 trillion. Despite the article's focus on a $1.29 support test, Pluang data shows more buying interest with 33% buy orders and a typical hold time of 71 days.
Investor Royal Kane expressed reluctance to invest in XRP due to its large $81 billion market capitalization and lack of products or revenue. He favors smaller-cap cryptocurrencies that offer stronger growth potential and compelling narratives. Despi...
XRP's two-week Relative Strength Index (RSI) has dropped to its lowest level in 13 years, signaling extremely weak momentum not seen since major past downturns. Despite this, XRP remains above a long-term rising support channel, currently trading aro...
The U.S. SEC and CFTC announced plans to create cryptocurrency regulations independently of Congress, emphasizing oversight on XRP and Bitcoin. Both cryptocurrencies were classified as digital commodities under the CFTC in March 2026, indicating a co...
XRP's two-week Relative Strength Index (RSI) dropped to its lowest level in 13 years, below previous bear market lows, suggesting it may have found a cycle bottom. Despite sharp price corrections, XRP remains within a long-term rising channel, near a...
From August 22 to September 17, XRP open interest on Binance fell about 32%, dropping from $323 million to $219 million, signaling significant deleveraging in the derivatives market. During the same period, XRP's price declined by roughly 11%, showin...
