XRP experienced a sharp price drop, falling 8.18% in 24 hours after a rapid surge to $1.65 reversed, leading to a 1522% liquidation imbalance mostly impacting traders betting on price increases. The broader crypto market selloff liquidated $610 million in positions, driven by rising Treasury yields and expectations of further Federal Reserve rate hikes. Despite the downturn, XRP's long-term holders remain mostly underwater, suggesting potential for recovery if demand improves. This selloff highlights the market's sensitivity to macroeconomic factors and leveraged trading risks.
XRP trades at Rp26.338 on Pluang, down 6.29% as of Sep 24, 2026 18:34 WIB, showing a significant decline consistent with the reported market selloff. The platform sees a 56% sell order activity versus 44% buy, reflecting bearish sentiment among traders. XRP's market cap stands at Rp1.642,85 trillion with a 24-hour volume of Rp108,03 trillion, indicating active trading despite the downturn.
XRP showed a potential bullish inverse head-and-shoulders pattern with a key resistance neckline near $1.57 and further resistance around $1.60. A decisive and sustained break above these levels is needed to strengthen the bullish case and target $2....
XRP climbed from around $1.27 to test resistance between $1.61 and $1.70 but faced selling pressure that pushed it back to about $1.47. The token is currently testing a critical support zone around $1.42-$1.45, which overlaps with previous resistance...
Binance and Bybit are running promotions that reward holders of Ripple's stablecoin RLUSD with XRP tokens. Binance's campaign offers $800,000 worth of XRP over four weeks starting September 25, while Bybit provides a separate promotion with 800,000 X...
Ripple's escrow program will release up to 1 billion XRP on Oct 1 as part of a predictable monthly supply mechanism. However, not all unlocked XRP will enter circulation since Ripple may lock some tokens again or use them internally. This system was ...
XRP's price fell from $1.65 to $1.45 on September 23, causing a wave of liquidations primarily affecting leveraged long positions, totaling around $31.48 million. The sharp decline reflects bearish pressure, with long positions accounting for most fo...
