XRP has been trading within a range of approximately $1.25 to $1.60 for about 10 weeks, showing price compression after a significant 70% gain in August. Analyst ChartNerd highlights a parallel channel between the 20-week and 50-week moving averages, with support near $1.27-$1.30 and resistance around $1.56-$1.60. A confirmed move above or below these levels is needed to signal a new trend direction, while current sideways trading suggests consolidation is normal after a strong advance. Investors should watch for a breakout or breakdown rather than rely on short-term news or social media predictions.
XRP trades at Rp23.315 on Pluang as of Oct 24, 2026 09:51 WIB, showing a 2.15% decline in the past day. The token's market cap stands at Rp1.475,73 trillion with a 24-hour trading volume of Rp29,01 trillion. This steady trading range noted by ChartNerd aligns with Pluang's data, where 77% of order activity is selling, reflecting cautious investor sentiment during this consolidation phase.
XRP's recent price rebound did not follow the expected five-wave Elliott Wave pattern, instead showing a weaker three-wave recovery. Currently trading around $1.32, XRP is close to the 61.8% Fibonacci retracement level at $1.31, with several nearby s...
Chart analyst Albert Brown predicts a potential trend shift for XRP around July or August 2027 if the pattern of roughly yearlong price advances and declines continues. His analysis is based on historical price phases lasting about 12 to 14 months, t...
On October 23, Ether was the only major cryptocurrency among five tracked to have a negative perpetual-futures funding rate, meaning short sellers pay long holders. Its rate was -0.0002% every eight hours, or -0.3% annualized. In contrast, XRP had th...
Crypto commentator Austin Hilton highlighted that limited liquidity and ongoing economic uncertainty are preventing crypto markets from sustaining a strong rally. While positive factors like Bitcoin strength, improved social sentiment, and clearer U....
XAO DAO has approved Proposal 66, which authorizes the planned deployment of 80% of its XRP treasury to Firelight. This governance decision sets Firelight as the primary recipient of the DAO's XRP reserve, although the actual transfer has not yet occ...
