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XRP holds critical $1.25 support after Binance hack, signaling potential local bottom.

Technical Signals
01 Nov 2026, 16:41 WIB
UToday
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Neutral
XRP holds critical $1.25 support after Binance hack, signaling potential local bottom.

XRP has stabilized around the key $1.25 support level, defending its 200-week moving average despite a recent market sell-off triggered by a $6.3 billion Binance hack. This level is critical as it represents a historical support zone where buyers have absorbed panic selling, suggesting a local bottom may be forming. The liquidation data shows a 54% chance of testing a slightly lower support at $1.2292 within 24 hours, while resistance remains near $1.43. If XRP holds above $1.2292 and surpasses the daily average of $1.3145, it could confirm this as the bottom; a drop below $1.20 might lead to retesting lows near $1.00.

As of Nov 01, 2026 22:02 WIB, XRP is trading at Rp22.665 on Pluang, showing a modest 0.18% gain over the past day. Despite the recent market turbulence highlighted in the article, XRP's circulating supply stands at 63.4 billion out of 100 billion total XRP, with a market cap of Rp1.436,89 trillion. Pluang users currently lean slightly towards selling XRP, with 53% of orders as sell and 47% as buy, and the typical hold time is 73 days.

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