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XRP falls below $1.50, marking six weeks under 50-week EMA and raising bearish concerns.

Technical Signals
28 Sep 2026
The Currency Analytics
View Source
Bearish
XRP falls below $1.50, marking six weeks under 50-week EMA and raising bearish concerns.

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 next critical support level. If XRP fails to hold above $1.37, further declines toward $1.30 and $1.20 could follow. Conversely, reclaiming $1.50 could stabilize the price and open the path to retesting highs near $1.60 to $1.63, keeping medium-term targets of $1.80 to $2.00 alive. The current trend reflects a cooling phase after a strong rally, with market participants watching closely for a decisive move at $1.50.

XRP trades at Rp26,879 on Pluang as of Sep 29, 2026 07:23 WIB, showing a 0.94% decline in the past day. The market cap stands at Rp1.692,8 trillion, reflecting significant investor interest despite recent price pressure. Order activity on Pluang favors buying at 60%, indicating some optimism among traders amid the ongoing downtrend.

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