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XRP price dips near $1.45 despite $3.14M inflows into U.S. spot XRP ETFs on Oct. 7

Market News
07 Oct 2026
Tokenpost
View Source
Neutral
XRP price dips near $1.45 despite $3.14M inflows into U.S. spot XRP ETFs on Oct. 7

XRP's price dropped about 3.9% from $1.52 to $1.46 on Oct. 6-7, even as U.S. spot XRP ETFs saw $3.14 million in net inflows, led by Bitwise's $10.55 million inflow. Despite these positive fund flows, XRP's price decline suggests ETF activity did not directly drive the price. Technical analysis points to $1.40 as support and $1.4850 as resistance, with a possible false breakdown if prices hold above these levels. Additionally, Evernorth Holdings plans a business combination with Armada Acquisition Corp. II, aiming for Nasdaq trading under ticker XRPN around Oct. 12, while the XRP Ledger upgrade is set to activate on Oct. 9 pending validator support.

XRP price movement provides context for cryptocurrency trends on Pluang. As of Oct 07, 2026 18:23 WIB, only 6 of 50 major cryptocurrencies rose while 43 fell. Notable movers include BAL at Rp16.297 with +11.14%, ENJ at Rp528 with -10.87%, and UNI at Rp142.226 with -10.28%.

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