Track market-moving stories before they get noisy

XRP market discussions have intensified as prominent analysts Ali Martinez and EGRAG Crypto present divergent technical outlooks, focusing on key resistance levels and possible future trajectories. Their contrasting perspectives highlight both short and long-term scenarios for the cryptocurrency, energizing debate within the community.

Short-term focus: $2 breakout driven by pattern and whale accumulationAli Martinez continues to concentrate on the near-term performance of XRP. Drawing from recent price movements and notable on-chain activity, he points to a 27.6% rally moving the token from $1.25 to $1.58. Martinez suggests this run has completed the right shoulder of a sizeable inverse head-and-shoulders formation on the daily timeframe.

The crucial resistance appears at $1.60, which serves as the neckline of the pattern. A sustained push beyond this threshold would, according to Martinez, validate the structure and potentially unlock a move toward $2 — marking a roughly 30% upside from the current breakout zone.

Martinez also remarks on significant accumulation within the market, observing that whale investors have reportedly acquired approximately 1.54 billion XRP, worth over $2 billion, over a compressed time period. He maintains that large holders’ activity, combined with the chart pattern’s development, underpins the case for a momentum shift if $1.60 is overtaken.

Martinez identifies strong demand from whales and technical confirmation at $1.60 as the immediate prerequisites for a renewed breakout toward $2, with recent accumulation lending further support to the bullish argument.

Such price action underscores the importance of tracking both technical levels and the timing of significant investor involvement, especially as social trading and token discovery platforms like Fomo App make these developments visible. In the meme token market, a viral internet trend can swiftly drive millions of dollars in activity. Fomo App, for instance, documented a trade in “Niu Lai,” where just $99 grew to approximately $370,000, demonstrating the rapid interest shifts in these volatile segments. The app unifies token discovery, social feeds, investor rankings, and real-time trade alerts, reflecting the growing need to monitor not just price charts but also community and investor dynamics in real time.

In contrast, EGRAG Crypto broadens the discussion by defining two competing technical projections on XRP’s larger price structure. He invites market participants to choose between two camps:

Team Blue views the pattern as a falling wedge, potentially resolving with a run toward $13. Team Green instead points to a large “W” pattern, setting sights on a more ambitious target of $22 over the longer term.

EGRAG frames this debate strictly around quantitative factors — chart structure, measured moves, and level-by-level validation — explicitly cautioning followers to avoid hype and focus on concrete technical signals.

EGRAG distinguishes between the falling wedge and W pattern, arguing that both remain speculative unless XRP first secures and holds higher resistance levels such as $2, ensuring technical validation before assigning credibility to long-term targets.

These scenarios remain distant from current prices, but they underscore the optimistic projections circulating within the XRP community should intermediate breakouts occur.

Key hurdles ahead for XRPBoth analysts converge on the need for XRP to confirm higher levels before larger narratives gain traction. While whale accumulation and technical patterns support enthusiasm for the next immediate milestone at $2, the possibility of extended rallies toward $13 or $22 depends on reclaiming and holding near-term resistance zones.

Community responses echo this hierarchy, with many social media commenters agreeing that a push above $2 must precede speculation about double-digit price targets. The debate around XRP’s long-term outlook remains robust, but for now, technical traders and investors continue to watch the critical $1.60 and $2 thresholds as benchmarks for the next market move.

XRP options traders are currently paying some of the highest premiums for upside exposure seen in the past year, according to data from Coinbase Markets. This trend highlights a notable shift in sentiment as demand for call options significantly outpaces that for put options.

Call premium reaches new highsCoinbase Markets has reported one of the strongest bullish skews in XRP options over the last twelve months. The exchange observed that the one-week 25-delta call-minus-put skew reached 9.3 volatility points, a figure that places it in the 95th percentile of all readings during this period.

This metric indicates that traders are especially eager to secure upside exposure in the options market, with the demand for calls—contracts that benefit if XRP’s price rises—significantly stronger than for comparable puts.

XRP options are leaning toward upside convexity, according to Coinbase Markets, reflecting the strongest preference for bullish strategies in recent months.

Historically, XRP’s one-week options skew was negative for much of late 2025 and the first half of 2026. During those periods, the skew fell below minus 10 volatility points at times, showing that puts carried higher implied volatility than calls, emphasizing a preference for downside protection among traders.

Market dynamics quickly changed, with the skew jumping above 15 volatility points in late August before moderating. It has now returned to double-digit levels, suggesting recent bullish sentiment is persistent.

Understanding the options skewThe 25-delta risk reversal, also known as call-minus-put skew, compares the implied volatility of one-week call options against that of one-week put options at the same delta. A positive skew signals traders are paying more for upside protection than for downside, hinting at an expectation, or at least a willingness to pay, for potential price increases.

In practical terms, a reading of +9.3 means the implied volatility priced into call options is 9.3 volatility points higher than that of similar puts. While this shows traders’ willingness to pay up for bullish exposure, it does not directly equate to an expectation that XRP’s price will climb by 9.3%.

Mini dictionary: 25-delta risk reversal, a common options market measure that examines the difference in implied volatility between out-of-the-money call and put options with a delta of 25. A positive risk reversal suggests stronger demand for calls (bullish), while a negative number implies higher demand for puts (bearish).

While skew readings can reflect bullish appetite, extreme skews are not always clear or unambiguous indicators of direction. A sharp preference can sometimes coincide with traders hedging existing positions or reacting to recent price changes.

Recent price performanceThe renewed interest in upside protection coincides with a rebound in XRP’s spot price. Data from CoinGecko shows that XRP gained around 18% over the last week, reinforcing optimism among some derivatives traders.

Extreme skews in options markets often align with rapid price moves, as traders seek to take advantage of momentum or protect recent gains.

Coinbase, one of the largest digital asset platforms in the United States, provides derivatives market data and analysis for institutional and retail investors. The strong moves in XRP options reflect changing attitudes in the market, with traders willing to pay more to participate in potential future rallies.

Bitcoin has dropped to $84,242.05, down 2.1% over 24 hours, as the broader crypto market shed value alongside a sharp selloff across stocks and precious metals. The total crypto market cap sits at $3.01 trillion, roughly flat over the past day despite the intraday drop, with Ethereum at $2,658.60 and XRP at $1.51.

What Triggered The Selloff

Iranian President Masoud Pezeshkian addressed the UN General Assembly today, saying Iran “will never bow our head or bend at the knee,” while insisting the country remains open to dialogue “without accepting the language of force.” He also pushed back on accusations of terrorism, saying, “We just defended ourselves. We are not terrorists.”

The US delegation reportedly walked out during his address after Pezeshkian accused the United States of violence against civilians. Markets began falling almost immediately after the speech, as traders started pricing in the possibility of a prolonged US-Iran conflict, a scenario that would likely push oil prices higher and add fresh pressure on inflation.

The Scale Of The Damage

According to Bull Theory, close to $1 trillion was wiped out across US stocks, metals, and crypto within a single hour. The S&P 500 fell 0.6%, erasing $414 billion in value. Gold dropped 0.8%, losing $242 billion. Silver fell 1.5%, wiping out $55 billion. The Nasdaq dropped 1.1%, losing roughly $149 billion. Bitcoin’s share of the damage came to about $40 billion.

What It Means Going Forward

Despite today’s pullback, XRP remains up nearly 20% over the past week, and Bitcoin is still up close to 12% over the same period, suggesting today’s drop is a reaction to fresh geopolitical uncertainty rather than a reversal of the broader rally. How markets move from here will likely depend on whether tensions between the US and Iran escalate further or ease in the coming days.

Story Ends Here

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Cardano climbed roughly 30% in a single week, jumping from $0.19 on September 17 to an intraday high of $0.26 on September 23. The catalyst: the Cardano Foundation quietly integrated native support for the x402 payment protocol into its official SDK around September 21, then successfully tested it on the pre-production testnet.

XRP, meanwhile, broke above $1.60 on a separate but overlapping wave of momentum, posting an approximate 22% gain tied largely to the Federal Reserve’s interest rate decision on September 16.

What is x402, and why does it matter The x402 protocol borrows its name from HTTP status code 402, “Payment Required.” That status code has existed since the early days of the internet but was never widely implemented. It was essentially a placeholder for a future where browsers could handle payments natively.

Originally introduced by Coinbase in 2025, the x402 standard is now governed by the Linux Foundation. Its purpose is straightforward: enable automated, pay-per-use microtransactions for AI applications without requiring traditional accounts or payment processors.

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For Cardano, the integration means ADA (or any Cardano-native token) can serve as the settlement layer for these automated payments. The successful testnet run confirmed the transaction flows work, though mainnet deployment hasn’t happened yet.

XRP Ledger is further along in this race. It already supports x402 and has logged over one million agent transactions, with thousands of on-chain payments processing per hour. Solana is also part of the growing x402 ecosystem.

On-chain activity tells the real story Daily transactions on Cardano surged 71% during the week, reaching 33,919. Active addresses on both Cardano and XRP hit weekly highs, suggesting the rallies weren’t driven purely by speculative trading.

XRP’s whale activity was particularly striking. Over 1,900 transactions exceeding $100K were recorded, the highest count in a month. New wallet creation also spiked, pointing to fresh capital entering the ecosystem rather than existing holders simply reshuffling positions.

The Fed factor and regulatory limbo XRP’s 22% move had a more traditional catalyst layered on top of the x402 narrative. The Federal Reserve’s rate decision on September 16 injected optimism across risk assets broadly, and crypto markets were no exception.

The Clarity Act, a piece of proposed legislation aimed at establishing clearer crypto regulations in the US, failed to secure enough votes in the Senate. That leaves the regulatory environment in the same ambiguous state it’s been stuck in for years.

What this means for ADA and XRP investors XRP has a head start here. A million agent transactions and thousands of payments per hour is not a proof of concept. It’s an operating system gaining traction. Cardano’s testnet success is promising but earlier-stage. The gap between “works on testnet” and “processing thousands of payments per hour on mainnet” is significant, both technically and in terms of market confidence.

For ADA, the 30% surge prices in a lot of the good news already. The token would need a smooth mainnet launch and meaningful adoption metrics to sustain these levels. For XRP, the existing transaction volume provides a stronger fundamental floor, but the $1.60 level will be tested if macro conditions shift or if regulatory headwinds intensify.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Updated Published

2 min read

XRP Ledger retries upgrade that lets banks split payment and compliance duties. (Shutterstock)Summary

The XRP Ledger’s PermissionDelegationV1_1 upgrade could activate Oct. 5 if at least 28 of the network’s 35 trusted validators continue to support it.The feature would let accounts delegate limited duties, such as making payments or approving customers, without surrendering broader control of their keys.The revised upgrade fixes a flaw in an earlier version that could have allowed attackers to drain victims’ XRP balances through unauthorized transaction fees.An XRP Ledger account could soon let another account make payments or approve customers on its behalf without handing over the keys that control everything else.

The feature, called PermissionDelegationV1_1, entered a 14-day activation countdown on Sept. 21 after 29 of the network’s 35 trusted validators backed it. It could go live on Oct. 5 at 11:18 UTC if support remains at or above 80% throughout the period, according to the live amendment dashboard.

The upgrade could make the XRP Ledger more appealing as decentralized layer 1 infrastructure for institutional payments by allowing stablecoin issuers, custodians and other businesses to separate routine operations from the keys that secure their accounts. That would let compliance and payment systems perform narrowly defined tasks without giving them broad authority over an issuer’s assets.

Traditional banks function that way ,separating payment, compliance and other operational duties internally, with different teams or systems handling each function.

At least 28 validators must continue supporting it. Any drop below that level resets the clock.

The upgrade lets an account divide its authority by job. A stablecoin issuer could allow an internet-connected compliance system to approve customer accounts to hold its token while keeping the keys with full control offline.

A separate operations account could receive permission to make payments without gaining the power to change those keys or grant authority to somebody else. Each delegate can receive up to 10 permissions, which the main account can later change or revoke, according to XRPL documentation.

PermissionDelegationV1_1 is the network’s second attempt at introducing the feature.

The original version contained a flaw that could let an attacker make another account pay fees for transactions it had not properly signed. Repeated submissions carrying deliberately high fees could have drained the victim’s XRP balance.

The software checked whether an account had permission to carry out the transaction before verifying its signature. Certain failures still charged a fee, meaning the money could be deducted before the system discovered that the signature was invalid, according to an XRPL vulnerability report.

A community tester reported the flaw on Sept. 15, 2025, while testing the feature outside the main network. Validators were advised to reject the amendment, and it never activated.

12345678910The Definitive Stablecoin Landscape Series: Asia Pacific

The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Sep 15, 2026

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters:

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

With a decisive break above $1.60 and the invalidation of the descending resistance structure that had dominated price action for almost a month, XRP has made one of its strongest technical moves since August. After an intraday push toward $1.66, XRP is currently trading around $1.62. 

Is XRP poised for a quick recovery?The breakout comes after a quick recovery from about $1.28, which indicates that XRP has increased by more than 25% from its most recent local low. The breakdown of the downward trendline that connected XRP's lower highs in August and September is the most significant development. 

XRP/USDT Chart by TradingViewBefore accelerating through $1.50 and $1.60, the price first recovered the line around $1.40. The legitimacy of the breakout was reinforced by the expansion of volume during the advance. At the same time, XRP has easily surpassed each of the daily chart's major moving averages. 

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The long-term moving average between $1.36 and $1.37, which was once a significant technical barrier, has essentially turned into support. Although it hasn't reached the heights of August's vertical rally, momentum is still strong. The RSI is now in the upper 60s, approaching overbought territory but still having some room. 

More levels to overcomeThe obvious question is whether $2 is still a reasonable target. Although the outlook has improved significantly from a technical standpoint, XRP still has ground to cover. Around $1.65 to $1.70 is the first significant resistance. 

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This is the biggest immediate obstacle because the August rally was rejected at about $1.70. On the given chart, a strong daily close above it would eliminate the biggest visible resistance. It would take an additional gain of about 18% to get from $1.70 to $2. 

That is hardly a remarkable move in a market that is already generating large daily candles, but XRP would probably need sustained volume and broader crypto-market strength to maintain it. If XRP drops back below $1.50, the bullish scenario weakens. An even more significant support area is represented by the previous declining trendline between $1.40 and $1.42.

If that zone were lost, the breakout would have failed. For the time being, XRP has successfully completed the challenging part: it has reclaimed $1.60 and escaped its month-long corrective structure. The next confirmation level is $1.70, and if that resistance yields, $2 becomes a technically plausible target.

XRP Ledger has moved PermissionDelegationV1_1 into its 14 day activation period after 29 of the network’s 35 trusted validators backed the account permission upgrade.

Summary

PermissionDelegationV1_1 could activate on Oct. 5 if validator support remains above the required 80% threshold. The upgrade lets XRPL accounts delegate specific permissions without giving another account full control over their keys. Permission Delegation does not directly change XRP supply or tokenomics, making any price impact dependent largely on adoption and network activity. According to the live XRP Ledger amendment dashboard, the countdown began on Sept. 21 and could put PermissionDelegationV1_1 into effect on Oct. 5 at 11:18 UTC if validator support remains above the required threshold throughout the period.

At least 28 of the 35 trusted validators must continue supporting the amendment. If backing falls below that level before the countdown ends, the activation timer will reset.

PermissionDelegationV1_1 splits XRP Ledger account authority PermissionDelegationV1_1 changes how an XRP Ledger account can give another account authority to perform specific tasks.

Under the current account structure, businesses that need different systems or employees to carry out operations can face the problem of giving an operational account more authority than it actually needs. Permission Delegation is designed to separate those responsibilities.

An account could, for example, authorize another account to make payments without giving it permission to change the primary account’s keys. A stablecoin issuer could keep its main keys offline while giving an internet connected compliance system permission to approve customers to hold its token.

Each delegated account can receive up to 10 permissions, while the account granting the authority retains the ability to change or revoke them.

The arrangement resembles the separation of responsibilities commonly used by financial institutions, where payment, compliance and administrative functions do not necessarily share the same level of access.

PermissionDelegationV1_1 forms part of a larger group of amendments introduced through xrpld 3.3.0. The release included BatchV1_1, ConfidentialTransfer, DynamicMPT and Sponsor alongside Permission Delegation, with several of the features geared toward institutional transactions and token issuance.

Sponsor would allow another entity to cover transaction fees and reserve requirements for users without controlling their accounts. DynamicMPT gives issuers more flexibility over selected Multi Purpose Token properties, while ConfidentialTransfer is designed to conceal MPT balances and payment amounts from public view while retaining access mechanisms for authorized parties.

Crypto.news previously reported that ConfidentialTransfer targets institutional use cases where companies may need transaction privacy while still providing information to auditors and other authorized parties.

Permission Delegation returns after an earlier security flaw PermissionDelegationV1_1 is the second attempt to bring delegated account permissions to the XRP Ledger.

The original amendment was stopped before reaching the main network after a community tester reported a vulnerability on Sept. 15, 2025.

Under the affected implementation, the software checked whether an account had permission to perform a transaction before properly verifying its signature. Certain rejected transactions could still incur a fee.

An attacker could therefore have submitted unauthorized transactions carrying deliberately high fees and caused another account to pay them even though the transactions were not properly signed. Repeating the process could have depleted the victim’s available XRP balance.

Validators were advised not to support the amendment after the vulnerability was discovered, preventing the affected version from activating on mainnet.

The replacement was included in xrpld 3.3.0 with changes to how unauthorized transactions are handled. Signature verification now takes place before the type of failure that could charge the targeted account.

Permission Delegation is not the only feature from the release to return after security work. BatchV1_1 replaced an earlier Batch implementation after developers found a separate critical signing vulnerability. The revised Batch upgrade has moved through validator voting after fixes and further review.

Could PermissionDelegationV1_1 affect XRP price? PermissionDelegationV1_1 does not directly change XRP’s supply, issuance schedule or token economics, leaving no mechanical reason for its activation alone to create substantial new demand for XRP.

The amendment deals with account permissions instead of the XRP token itself. Institutions using delegated accounts would still use XRP for the ledger’s normal fees and reserve requirements, but the feature does not require them to buy or hold large amounts of XRP simply to use delegated permissions.

Recent developments on the network show why the distinction between XRPL adoption and XRP demand matters.

A previous analysis of Ripple Prime’s XRP exposure found that even substantial institutional activity inside Ripple’s ecosystem does not automatically translate into equivalent XRP demand. Stablecoins and other issued assets can handle much of the underlying value transfer while XRP retains roles including transaction fees, reserves and some routing functions.

A similar structure applies to Permission Delegation. Stablecoin issuers, tokenized asset providers and other businesses could use the feature without making XRP the asset being transferred.

The possible price connection instead depends on whether the upgrade helps bring more activity to the XRP Ledger over time.

Institutional issuers that want to keep high authority keys offline could use delegated accounts for recurring payments or compliance tasks. If those capabilities contribute to more businesses issuing assets and processing transactions on XRPL, the resulting activity would create more use of the network, where XRP remains the native asset used for fees and reserves.

Evidence so far suggests that network growth and XRP price do not always move together. RLUSD and tokenized assets have expanded on XRPL while XRP has experienced periods of price weakness, showing that rising ledger activity does not necessarily produce immediate buying pressure for the token.

A June institutional test involving JPMorgan, Mastercard, Ondo Finance and Ripple provided another example. The tokenized Treasury redemption used the XRP Ledger, but XRP was not the asset being redeemed. Its direct role remained tied to the underlying network infrastructure.

PermissionDelegationV1_1 could therefore provide another piece of infrastructure for institutional users without becoming a major standalone XRP price catalyst.

A market reaction around activation remains possible because traders can respond to network upgrades and expectations surrounding adoption. Any sustained price effect, however, would depend on subsequent use of the feature and other market factors instead of the amendment simply switching on.

XRP Ledger is building more tools for institutional transactions Permission Delegation is moving toward activation while several other XRP Ledger features remain at different stages of the amendment process.

BatchV1_1 is designed to bundle multiple operations into a coordinated transaction, allowing every included action to succeed or fail together. Such a structure can support settlement processes where an asset and its payment need to change hands at the same time.

ConfidentialTransfer would give Multi Purpose Token issuers the option to conceal balances and transfer amounts while leaving accounts visible. Authorized parties could still receive information needed for compliance under the proposed design.

XRPL developers have continued work beyond the 3.3.0 release. Version 3.4.0, released on Sept. 16, introduced revisions to proposed lending functions alongside another package of protocol fixes.

The lending framework remains subject to the network’s amendment process, with validator approval required before the proposed functions can become active on mainnet.

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

One of the pioneers of the crypto industry, XRP Ledger co-creator and current Ripple CTO Emeritus David Schwartz, has once again returned to the topic of the iconic legal battle with the SEC. 

The reason for this was events far beyond digital assets: the executive discovered an exact replica of the methods used by the U.S. Securities and Exchange Commission in a dispute unfolding entirely outside crypto.

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The parallel emerged thanks to case materials published by American attorney Kostas Moros. In this legal dispute, a major private manufacturer is challenging Connecticut state legislation restricting the sale of certain categories of products. 

The business argues that the state's attorney general's office is deliberately refusing to clarify the criteria for determining the legality of its updated product lines, thereby creating conditions that are impossible for the company to meet.

Why Ripple pioneer believes the rules are deliberately made impossible to followOne of Ripple's key creators drew a parallel between this case and his company's years of experience, calling the authorities' actions "grossly unfair" in a post on X. According to Schwartz, the government's deliberate strategy in this case is to force businesses to play by rules under which "you cannot possibly know whether you are complying with the law." The executive added a sarcastic "Ask me how I know" to his critical post.

When followers asked how the crypto veteran had gained such deep knowledge of government agencies' tactics, Schwartz responded with a brief "A little birdie told me," attaching a link to Investopedia's analysis of the SEC v. Ripple case.

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As a reminder, during its legal battle with the SEC, Ripple defended itself against allegations of selling more than $1.3 billion worth of unregistered securities through the XRP token. One of the defense's key arguments was precisely the regulator's failure to provide clear and transparent rules.

The fact that the Ripple pioneer has returned to this topic through an unrelated legal dispute confirms that, for the company's top management, the years-long battle with the Commission remains a key precedent in the defense of private businesses against the tactic of "regulation by enforcement."

TLDR XRP rebounded from a September 20 dip near $1.39 and climbed to $1.55, where sellers stopped the advance. A brief pullback to $1.52 was recovered, pushing XRP back to $1.5439 and keeping its higher low structure intact. Binance XRP reserves rose to about 2.68 billion, up from roughly 2.55 billion during the summer decline. Daily XRP deposits reached about 663% above the quarterly baseline, but withdrawals kept reserves only 0.22% above baseline. Net flows on Binance have recently turned negative, pointing to traders repositioning rather than accumulating. XRP has climbed back toward $1.55 after a dip to about $1.39 on September 20. The token turned that low into a strong rebound over the following days.

Once XRP reclaimed the $1.40 level, buyers kept pushing higher. The price rose to $1.55, where sellers stepped in and stopped the move.

The pullback that followed was small. XRP cooled near $1.52 before buyers recovered most of the decline.

The token then moved back up to $1.5439. That keeps the recent price structure in place and gives buyers another chance at $1.55.

XRP Price on CoinGecko Price Structure Holds Above $1.52 XRP has been forming higher lows since the September 20 dip. This pattern shows buyers stepping in at higher prices each time the token pulls back.

According to AMBCrypto’s analysis, a clean break above $1.55 could remove immediate selling pressure. Holding the higher low structure would likely help upward momentum pick up speed.

For now, $1.55 remains the level that sellers have defended. Buyers have tested it but have not yet closed decisively above it.

Binance Reserves Rise With Trading Activity As XRP moved toward $1.50, the amount of XRP held on Binance grew quickly. Data from CryptoQuant shows reserves rose to about 2.68 billion XRP.

That is up from roughly 2.55 billion XRP during the summer decline. Rising reserves suggest that more trading activity is bringing extra liquidity onto exchange order books.

The trend started when XRP recovered above $1.00. Since then, the amount of XRP on exchanges has moved closer to levels seen in June.

Binance turnover has also been climbing fast during the rebound. However, the flow data does not show clear evidence of buying pressure.

Average daily XRP deposits reached about 663% above the quarterly baseline during active trading sessions. That points to heavy movement of tokens onto the exchange.

Rising withdrawals quickly balanced out those inflows. As a result, Binance reserves sit only 0.22% above baseline.

This high turnover points to traders repositioning. It does not show clear accumulation or heavy selling.

Net flows on Binance have recently turned negative. This indicates traders are switching positions rather than adding large amounts of XRP to exchanges.

XRP was last trading at $1.5439, just below the $1.55 level. Buyers now need to clear that mark while the market absorbs rising Binance reserves and strong two-way flows.

XRP has recovered sharply from its September 20 low near $1.39, rising to $1.55 before facing renewed selling pressure. The token’s price action in recent days reflects strong activity among buyers and sellers as the asset trades in a narrow range near its recent highs.

Price holds after rebound from September lowFollowing the dip to $1.39, XRP bounced back as buyers stepped in to turn the level into a base for a new move. After reclaiming $1.40, the price advanced to $1.55, with sellers actively defending this level against further gains.

A short-lived pullback saw XRP briefly slip to $1.52 before buyers lifted prices back to $1.5439. This sequence has helped sustain a higher low pattern, a technical structure often associated with positive momentum in financial markets.

Analysts at AMBCrypto have indicated that a decisive break above $1.55 could ease immediate selling interest and encourage renewed upward movement. At present, price action suggests that buyers maintain control above $1.52, but face resistance at the $1.55 zone.

XRP continues to form higher lows, indicating buyers are absorbing supply on each dip while the ability to sustain levels above $1.40 emphasizes ongoing demand.

As long as XRP holds above this rising support, the potential for a breakout above $1.55 remains in focus for short-term traders.

Binance reserves expansion reflects active repositioningAs XRP approached the $1.50 range, its reserves on Binance, one of the largest global cryptocurrency exchanges, increased rapidly. On-chain data from CryptoQuant revealed that exchange wallets held around 2.68 billion XRP, up from roughly 2.55 billion during the previous summer downturn.

Rising reserve levels are often interpreted as increased trading activity and liquidity, with more tokens moving onto exchange order books. Binance saw its XRP reserves recover to levels similar to those observed in June, coinciding with renewed volatility in the token’s price.

At the same time, high turnover rates were recorded, with average daily XRP deposits on Binance surging about 663% above the quarterly baseline during periods of heightened trading. However, this wave of deposits was quickly offset by a similar rise in withdrawals, keeping overall reserves just 0.22% above their long-term baseline.

MetricSummer 2026Late September 2026Binance XRP reserves2.55 billion2.68 billionAverage daily XRP depositsBaseline+663% vs. baselineReserves relative to baseline–+0.22%Net Binance XRP flowsPositive/NeutralNegativeThis data suggests most traders are repositioning their XRP holdings instead of accumulating large new positions. Net flows on Binance recently turned negative, indicating increased withdrawals relative to deposits and signaling that traders may be rotating between assets rather than making directional bets on XRP.

XRP’s price was last seen at $1.5439, hovering just below the key $1.55 resistance. Market participants now watch whether buyers can break through this ceiling as Binance reserves and strong two-way trading flows continue to shape the near-term outlook.

Mini dictionary: Binance, a global cryptocurrency trading platform headquartered in Malta, is known for handling one of the largest daily trading volumes among digital asset exchanges.

XRP, the digital asset established by Ripple Labs for global payments, rallied sharply to reclaim the $1.60 level, drawing renewed interest from traders and on-chain observers alike. After opening near $1.58 on September 23, XRP touched $1.6060 before cooling off toward $1.50, a zone that remains an important short-term reference for market participants.

XRP recovers from September lowsThe recent recovery marks a significant turnaround from the pullback seen earlier in September, when XRP dipped into the $1.25-$1.30 range. The token surged 7.69% on September 18 and advanced another 8.90% by September 21, positioning the daily outlook in bullish territory despite a pause on September 22 that saw price consolidation.

Crypto trader @cryptoWZRD_ flagged a bullish daily close near $1.53 and named this level as immediate resistance. This area serves as the technical focus, as sustained price action above $1.53 could pave the way for further gains, particularly with the overall crypto market led by Bitcoin showing strength.

XRP’s technical structure above $1.53 remains constructive, with upcoming moves in the $1.50-$1.60 range likely to clarify whether the recovery can gather broader momentum.

A clear breakout above $1.60 would put higher resistance levels in view. However, if the token fails to hold these gains, analysts warn of a potential return to recently established support zones.

On-chain: Whale accumulation intensifiesOn-chain analytics firm Santiment reported that large XRP holders accumulated 1.54 billion tokens over a 96-hour span, totaling approximately $2.2 billion in value at the time of the purchases. The combined whale wallets increased from about 8.1 billion XRP to 9.7 billion XRP as accumulation intensified.

The surge in holdings was accompanied by an 8.22% rise in the XRP price over three days, according to data shared by Ali Charts. While such accumulation often reflects increased confidence among major players, analysts caution that it does not constitute a guarantee of future price increases.

Tracking changes among large wallets is valuable, but these movements can represent shifting liquidity or portfolio strategy rather than definitive directional bets. Analysts emphasize that the true market impact depends on whether these accumulations will remain in place or be sold into subsequent rallies.

Mini dictionary: Santiment, a blockchain analytics platform, tracks and analyzes on-chain activity across cryptocurrencies to provide actionable data for traders and investors.

$1.60 resistance and key price clustersGlassnode data focused market attention on the $1.60 resistance, showing that about 2.5 billion XRP previously changed hands around this area. This cluster may influence price action, as holders consider taking profits or repositioning.

Supporting levels have been identified at $1.36-$1.39, with deeper demand zones at $1.27-$1.30 and $1.24-$1.26. A sustained move above $1.60 would be required for continued upward momentum, while a reversal could trigger tests of these support areas.

Price levelRoleNotes$1.53Immediate resistanceIdentified by technical analysts$1.60Major resistanceSupply cluster from past activity$1.36-$1.39SupportPivot zone on pullbacks$1.27-$1.30SupportDeeper demand areaTechnical outlook: momentum and moving averagesTechnical data from TipRanks illustrates that longer-term moving averages, including the 200-day simple moving average near $1.27 and the 50-day SMA at $1.23, reside well below current market levels. The MACD indicator stays positive, pointing to improving momentum in the medium term.

However, analysts note that not all indicators point to a clear bullish continuation. Relative strength index (RSI) readings can remain neutral even during gains, and oscillators often flash caution after rapid advances, suggesting the potential for short-term consolidation or pullbacks.

Moving averages are useful for understanding overall trend direction but cannot predict precise future price levels, leaving room for various short-term outcomes.

The combination of large holder accumulation, technical resistance at $1.60, and mixed momentum signals means that XRP traders are watching this range closely for the next decisive move.

Outlook: $2 potential hinges on breakoutChart-focused analysts, including ChartNerdTA, identify multi-year consolidation patterns and Fibonacci-based targets for XRP. The $1.52 resistance and $1.29 support remain key levels observed by technical traders, along with the psychological significance of $2 as a potential target.

A credible move above $1.60 would strengthen the technical case for a rally toward $2. However, a failure to hold above this cluster could drive the price back toward previous support, particularly if broader crypto market sentiment turns negative. The interplay with Bitcoin trends remains a critical factor for XRP’s momentum.

Key levels to monitorIn the near term, $1.50 now acts as an important technical reference for XRP. The immediate upside faces barriers at $1.55-$1.61, with the $1.60 region drawing added focus from on-chain distribution data.

If XRP establishes support above $1.60, technical analysts suggest that attention could turn to the $2 level. On the downside, failure to hold above $1.50 would draw focus to $1.45-$1.50 and subsequently $1.36-$1.39 and $1.27-$1.30.

With whale accumulation, key resistance near $1.60, and technical signals mixed, market watchers are closely monitoring whether the current rally will extend toward higher targets or revert back to consolidation.

PANews reported on September 23, citing CoinDesk, that although the S&P 500 is near its all-time high, market breadth remains weak. As of Wednesday, 257 S&P 500 constituents had fallen below their 200-day moving average. By contrast, the crypto market is showing relatively strong performance, with 88 of the top 100 tokens by market cap (including BTC and ETH) above their 200-day simple moving average (SMA), and most tokens simultaneously above their 50-day, 100-day, and 200-day moving averages. CoinDesk noted that most crypto assets such as BTC, ETH, XRP, and SOL remain significantly below their all-time highs.

Dick Lo, founder and CEO of TDX Strategies, said that continued institutional inflows through ETFs are helping major crypto assets and some altcoins maintain momentum, adding that the key level to watch for BTC is currently $90,000, with the 2026 high of $97,900 as a medium-term target. Bernardo Brites, co-founder and CEO of Trace Finance, said that funds are currently flowing in mainly through ETFs rather than stablecoins, making the market more prone to pullbacks.

Key Highlights Zcash surged approximately 10% to surpass $1,600, outperforming other major digital assets. Bitcoin maintained its position around $87,000 following a recent climb to levels not seen since January’s final days. XRP climbed roughly 6%, while Dogecoin and Hyperliquid each registered approximately 4% increases. Declining crude oil prices and Treasury yields bolstered overall appetite for risk assets. Market participants continue monitoring U.S. cryptocurrency regulations, including the SEC’s tokenization framework and discussions around a Strategic Bitcoin Reserve. Zcash emerged as the top performer among leading cryptocurrencies on Wednesday, posting approximately 10% gains while Bitcoin remained stable near the $87,000 threshold. The wider digital asset market experienced upward momentum as decreasing oil prices and softening Treasury yields enhanced investor confidence in risk-oriented investments.

Bitcoin was changing hands around $86,900, reflecting a modest 1% increase over the preceding 24-hour period. XRP registered gains of approximately 6%, while both Hyperliquid and Dogecoin climbed roughly 4%.

Bitcoin (BTC) Price Zcash Outshines Major Cryptocurrencies Zcash ascended to just over $1,616, establishing itself as the leading gainer among prominent tokens throughout the Asian trading session. Ethereum, BNB, and Solana also registered positive movement, though their advances remained under 1%.

Tron stood as one of the rare major cryptocurrencies experiencing losses, dropping approximately 1%. This broader upward trend followed multiple strong trading sessions for Bitcoin, which recently exceeded $87,000 for the first time since January’s closing days.

Bitcoin has demonstrated substantial growth during recent weeks, maintaining momentum even after last week’s unsuccessful CLARITY Act vote in the U.S. Senate. Market participants have redirected attention toward alternative regulatory progress and strengthening financial conditions.

The Securities and Exchange Commission has recently unveiled an innovation exemption framework, offering qualified platforms an approved pathway to list tokenized U.S. equities on blockchain infrastructure. This development has provided support for tokens connected to tokenization initiatives and decentralized finance protocols.

Bitcoin Reserve Legislation Gains Traction Cryptocurrency market participants are closely monitoring the American Reserve Modernization Act, which has recently progressed through the House Financial Services Committee. This legislation proposes transferring Bitcoin currently possessed by the U.S. government into a Strategic Bitcoin Reserve managed by the Treasury Department.

The federal government presently controls approximately 325,000 Bitcoin, predominantly acquired through criminal prosecutions and civil forfeiture proceedings. According to the proposal, these digital assets would remain in reserve for a minimum of 20 years.

The legislation also mandates quarterly audited verification confirming the Bitcoin remains under government control. Additionally, it requires an examination of methods through which the government might acquire supplementary Bitcoin without expanding the federal deficit.

This proposed legislation must navigate several procedural hurdles before enactment. Full House and Senate approval would be necessary before presidential consideration.

Oil Price Decline Benefits Risk Markets Traditional financial markets are contributing positively to cryptocurrency sentiment. Brent crude declined toward $99 per barrel, continuing its most extended losing streak in approximately one year.

The drop followed restarted diplomatic conversations involving the United States and Iran. Reduced oil prices can diminish inflation expectations and alleviate upward pressure on bond yields, typically benefiting risk-oriented assets like cryptocurrencies.

Bond markets gained strength during Asian trading hours, while Treasury futures advanced higher. Decreased yields diminish the comparative appeal of safer fixed-income securities relative to higher-risk investment options.

Strategy’s most recent Bitcoin acquisition has also contributed to positive market sentiment. The corporation recently revealed purchasing an additional 950 Bitcoin for $75.7 million, bringing total holdings to 846,000 BTC.

Bitcoin is currently consolidating around the $87,000 level following a robust recovery, while Zcash, XRP, and other significant tokens continue delivering superior percentage returns. Market observers will monitor whether enhanced liquidity conditions and U.S. regulatory advancements can sustain the ongoing cryptocurrency market rally.

XRP is drawing significant attention from technical analysts as its price trades near a major resistance zone. At present, the digital asset is valued at approximately $1.49, confronting a level that has defined its range since August. This price action is under close watch due to its potential impact on the short-term trend for the coin.

Strong supply zones challenge upsideOn the 4-hour chart provided by Bybit, two distinct red supply zones are visible above the current price range. The first of these is located between $1.55 and $1.70, while the second, more extensive resistance, sits from $1.83 to $1.95. These zones indicate areas where sellers have consistently stepped in, capping price rallies and triggering sharp rejections in previous sessions.

Beneath the current price, green-shaded demand zones exist between $1.25 and $1.35. The asset revisited these levels in mid-September before rebounding swiftly toward $1.49, marking a recovery that returned XRP to the lower edge of the key supply zone.

Market analyst Xaif (@Xaif_Crypto) described XRP as “knocking on the door of a major supply zone,” and noted that a decisive break above $1.55 would likely clear the path to $1.70.

The significance of the $1.55 levelXaif, a cryptocurrency trader and commentator, emphasized the pivotal nature of the $1.55 mark. According to his analysis, a confirmed daily close above this threshold would turn former resistance into support, possibly opening the way for a move toward $1.70. The $1.70 boundary represents the upper line of the first red supply zone, serving as the next logical target for bullish momentum.

Mini dictionary: Supply zone, a price range in technical analysis where increased selling pressure historically causes resistance, making it difficult for the price to advance until it is surpassed by demand.

Consolidation defines price action since AugustXRP’s chart reveals a sharp rally in August, when the price accelerated from lows near $0.98 to peaks just below $1.70. This surge halted just under the $1.70 mark, directly aligning with the previously mentioned supply zone. Since then, the cryptocurrency has fluctuated between support levels below and resistance bands above.

Following each interaction with the lower demand zones, XRP has managed to stage recoveries, with the latest rebound returning the coin to its current place in the mid-$1.40 range.

Each revisit to demand zones near $1.25–$1.35 generated renewed buying interest, but sellers have repeatedly blocked progress near the defined supply zones.

Key level to monitorTechnical traders continue to focus on the $1.55 threshold as the primary indicator for direction. A sustained close above this figure would reinforce the chances of a drive toward $1.70. The peak recorded in August near $1.68 adds further significance to this resistance band. Until a clean breakout occurs, market participants are likely to treat $1.55 as the most important number on the XRP chart.

Zone TypePrice RangeRoleFirst supply zone$1.55 – $1.70Primary resistanceSecond supply zone$1.83 – $1.95Secondary resistanceDemand zone$1.25 – $1.35Major supportXRP remains in a tightly defined technical setup, with price action between these zones providing clear structure for traders at this stage of the chart.

Crypto Cup Sets XRP Target as Altcoin Market Breaks Long-Term Resistance.

Crypto trader and investor Crypto Cup (@cryptocupra), with more than 70K X followers, has published new price targets for several major altcoins after a chart of the broader altcoin market moved above a multi-year descending resistance line.

THE ALTCOIN BREAKOUT IS HERE.$ETH → $5,000$SOL → $450$XRP → $10$SUI → $5

YEARS OF PRESSURE JUST BROKE.

ALTSEASON WILL EXPLODE.

BE READY. pic.twitter.com/mvwQyRgQof

— Cup (@cryptocupra) September 22, 2026

 Cup listed targets of $5,000 for Ethereum, $450 for Solana, $10 for XRP and $5 for Sui, describing the latest move as an altcoin breakout. These figures are the trader’s projections rather than completed price moves.

The accompanying two-week chart tracks the total crypto market capitalization excluding the top 10 assets. It shows the market holding a horizontal area around $160 billion through several tests while successive peaks formed a descending trendline. The latest candle has moved above that falling boundary, with the chart displaying market capitalization around $217.36 billion.

Crypto market cap excluding top 10 The white path extending toward roughly $600 billion on the right side of the chart represents a projection and is not historical market-cap data.

XRP Target at $10 For XRP, Cup’s $10 target is substantially above its current price region. XRP has recently traded around the mid-$1.50 range, meaning a move from $1.56 to $10 would equal approximately 541%, taking the price to about 6.4 times that reference level.

How the $10 XRP Target Compares Cup’s projection is higher than the latest long-term target published by veteran trader Peter Brandt. Brandt said on September 21 that his monthly XRP chart implied an “eventual” move to $5.40, without providing a completion date.

Cup’s $10 figure is therefore 85.2% above Brandt’s $5.40 target.

The $10 level is not unique to Cup’s analysis. CryptoPatel has previously published a longer-term XRP chart targeting approximately $9.20–$10, while other technical projections covered this year have extended as high as $17.

At $10, XRP’s valuation would also change substantially. Using approximately 61.1 billion XRP in circulation, a $10 token price corresponds to a circulating market capitalization of roughly $611 billion.

Cup did not provide specific dates for XRP, ETH, SOL, or SUI to reach the stated targets. His forecast is tied to the breakout structure shown on the broader altcoin-market chart rather than a stated timetable for each individual asset.

XRP soared past the $1.50 mark during a major rally in the cryptocurrency markets, with Bitcoin also reclaiming levels above $85,000. The surge sparked widespread debate about what triggered the momentum, with most analysts pointing to Michael Saylor’s company, MicroStrategy, after it acquired 950 Bitcoin valued at around $80 million.

Contrasting views on the causes of the rallyAlthough many credited the latest institutional purchase for fueling bullish sentiment, Levi Rietveld, founder of Crypto Crusaders and a well-known market commentator, argued that the impact of MicroStrategy’s buy is overstated. Rietveld pointed out that MicroStrategy, a business intelligence and software firm, has made much larger Bitcoin purchases without triggering significant market moves in the past.

He stated that a single $80 million acquisition is unlikely to drive the kind of sharp price appreciation recently seen in XRP, especially given the broader, coordinated surge across multiple assets.

Rietveld explained that “MicroStrategy bought hundreds of millions of dollars of Bitcoin before and it didn’t even move the markets. One $80 million buy doesn’t have the force needed to send XRP surging toward $1.50 alongside a broad market rally.”

Whale activity behind XRP’s moveRietveld attributed the price action to concentrated activity from large holders. He described the latest rally in XRP as “100% whale manipulation,” adding that the underlying drivers are not widely understood by most retail participants.

He emphasized that significant wallet activity and heavy buying from large investors, often known as “whales,” have been observed. A recent example included a prominent investor increasing a substantial long position in XRP, indicating deliberate positioning by market-moving players.

Mini dictionary: Whale, a term used in cryptocurrency markets to describe individuals or entities that hold large amounts of a digital asset. Their trades can significantly influence market prices and liquidity.

According to Rietveld, the actions of these large market participants provide a far more plausible explanation for the heightened volatility and swift moves in XRP price than institutional accumulation alone.

Institutional demand versus market manipulationCompeting perspectives on the rally remain prominent. Some analysts and industry observers attribute the growth to institutional inflows and renewed interest from companies acquiring digital assets. XRP has recently seen increased attention from corporate treasuries and other large buyers, supporting the thesis of broad market adoption.

However, Rietveld remains skeptical that institutional demand is the driving force behind the latest surge, suggesting instead that whale-driven positioning is playing a dominant role.

Rietveld concluded with a warning, noting, “99% of you aren’t ready for what comes next,” leaving the door open for further volatility depending on the actions of the largest XRP holders.

Potential consequences for XRP holdersRietveld’s comments highlight growing concerns about the outsized impact that a handful of large wallet holders can have on market direction, especially during periods of thin liquidity or heightened speculation.

While some in the industry see the recent rally as a sign of expanding institutional adoption, others caution that sharp, whale-driven price moves could result in sudden reversals, especially if profits are taken or positions are unwound abruptly. The next phase for XRP may depend largely on how these key participants choose to manage their holdings in the near term.

Crypto analyst Ali Martinez shared some notable technical levels following the recent strong price increases in Bitcoin (BTC) and XRP. According to Martinez, a break above $1.60 in XRP could open the door to a new upward movement, while for Bitcoin, $100,000 has once again become a significant target.

XRP gained 27.6% in value, rising from $1.25 to $1.58. Martinez noted that this move may have completed the right shoulder of a large-scale inverse head and shoulders pattern forming on the daily chart.

According to the analyst, the most critical level for XRP right now is $1.60. This area corresponds to the neckline of the formation. Martinez stated that if XRP makes a decisive breakout above $1.60, the formation could be confirmed, and in such a scenario, a further increase of approximately 30% could bring the $2 level into play.

In addition to the technical outlook for XRP, the actions of large investors are also attracting attention. According to data shared by Martinez, whales have recently accumulated more than $2 billion worth of XRP.

According to Martinez, Bitcoin is Back on the Agenda at $100,000. Martinez also believes the bullish outlook continues for Bitcoin. Bitcoin has risen more than 50% since its low of $57,749 seen on July 1st.

According to the analyst, one noteworthy point is that despite the sharp rise in prices, large investors are remaining active in the market instead of taking profits. In just the last day, the Bitcoin network recorded over 2,722 transactions worth more than $1 million.

On the institutional side, demand for spot Bitcoin ETFs is also a key factor supporting the rise. According to data shared by Martinez, US-based spot Bitcoin ETFs have accumulated over $1.60 billion worth of BTC in the last 72 hours.

One of the key support areas for Bitcoin is at $84,569. This area, where approximately 600,000 BTC have previously changed hands, is noted as a strong demand zone, while the second important support level is indicated at approximately $77,000.

In upward movements, on-chain cost breakdown data indicates a significant resistance level around $104,765. It’s noted that approximately 283,000 BTC have already changed hands at this level.

MVRV price bands present a similar picture. According to Martinez, the average MVRV band, around $100,670, is one of the next major resistances for Bitcoin. On the downside, the MVRV band around $74,361 stands out as a strong support zone.

*This is not investment advice.

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Digital Asset Investor has renewed interest in an ambitious long-term price projection for $XRP, aligning with the outlook of EasyA co-founder Dom Kwok, who claims the cryptocurrency could reach $1,000.

Support for $1,000 XRP TargetIn a recent video, Digital Asset Investor referenced remarks by Kwok, highlighting that the co-founder reiterated his $1,000 forecast for XRP following a high-profile visit to the White House with his brother. The influencer stated that Kwok’s continued optimism had “activated the XRP cancel culture,” indicating a sharp divide in opinions within the community.

Digital Asset Investor emphasized that Kwok maintained his expectation that XRP could hit $1,000 by 2030, despite skepticism from some holders. The influencer publicly supported this outlook, making clear that he also considers such a price target achievable within the next several years.

Digital Asset Investor acknowledged the forward-looking nature of this prediction, clarifying that $1,000 is not an immediate goal, but rather a potential milestone that may be reached in the years ahead.

“He called for $1,000 XRP by 2030,” Digital Asset Investor recounted in his video. “I’m on board. I don’t think that’s unreasonable. That doesn’t mean it’s going to happen tomorrow, but I do believe it’ll happen eventually.”

Dom Kwok’s Long-Term PerspectiveKwok’s most recent comments build on an earlier online exchange with an XRP holder who questioned whether the token could be used for daily purchases at retail locations, citing repeated failures to transact at restaurants and stores. In response, Kwok advised the user to “hold it until it reaches $1,000,” signaling a preference for long-term holding over immediate adoption.

This exchange illustrated Kwok’s conviction that XRP’s true potential might not lie in its use for everyday payments at present, but in future gains as digital assets are increasingly integrated with institutional finance. He positioned the $1,000 price target as a goal that would require broader infrastructure and industry participation, rather than consumer-focused utility alone.

Kwok’s position suggests that as the digital asset market evolves and institutional adoption accelerates, XRP’s value could rise significantly beyond its current use cases.

Focus Shifts to Long-Term ValuationCurrently, XRP remains focused on cross-border payments and rapid settlement, but limited retail acceptance and regulatory uncertainty present challenges for broader utility. Market observers indicate that changing regulatory dynamics and new institutional participants could play a critical role in XRP’s long-term trajectory.

Digital Asset Investor’s recent endorsement of the $1,000 forecast rests on this wider context. He separated his optimism about XRP’s long-term value from any short-term price predictions, highlighting the distinction between speculative projections and immediate asset utility.

Market sentiment toward XRP continues to be shaped by crypto adoption trends and volatility. In an environment where a single Federal Reserve policy decision or a surprise altcoin listing can instantly change the landscape, many traders seek to streamline their research and execution. In these conditions, privacy-first tools such as CryptoAppsy have emerged, enabling investors to view real-time charts, set price alerts, monitor token-specific news, and track key macro data all on a single screen—eliminating the need to switch between multiple apps and helping to minimize missed opportunities.

At this stage, the prospect of $1,000 XRP is being advanced primarily as a long-term possibility, with advocates like Digital Asset Investor and Dom Kwok asserting that substantial institutional adoption and regulatory progress would be essential to achieving such a dramatic valuation shift.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Crypto analyst SMQKE has highlighted liquidity as a crucial factor influencing banks’ interest in using XRP for cross-border payments. SMQKE referenced official documents which detail RippleNet’s structure and explain how XRP can facilitate fast and efficient value transfers between various currencies.

RippleNet’s digital asset integrationGraham Bright, featured in one of the referenced excerpts, discussed Ripple’s expanding ecosystem and its On-Demand Liquidity (ODL) capabilities. He noted that RippleNet’s clients are able to use XRP as a digital bridge asset when moving between local currencies, streamlining international transactions.

The material asserts that RippleNet can provide an “effectively almost unlimited” supply of liquidity. It further clarifies that participants can convert funds into or out of XRP almost instantly, allowing companies to mitigate several risks associated with conventional cross-border currency transactions, especially in developing markets.

Bright also described how Ripple’s system grants trading firms access to global currency corridors, bypassing the need for traditional correspondent banking relationships. According to the documentation, this infrastructure can operate independently of established networks like SWIFT and is accessible to major financial institutions.

These operational details reinforce SMQKE’s main point regarding XRP’s impact on liquidity. Rather than maintaining direct reserves in every foreign currency, banks can employ XRP as a tool for facilitating currency exchanges efficiently between markets.

RippleNet clients can use XRP as the underlying digital asset when switching between their local currencies. This process can provide an almost unlimited supply of liquidity and can help participants move funds in and out of XRP almost immediately, reducing risks associated with foreign-currency transactions.

Resource constraints in traditional bankingIn contrast to XRP’s liquidity model, a second document referenced by SMQKE emphasized the limitations that banks face. It made clear that “no bank has unlimited resources”, highlighting the significant personnel, technology, and financial input required to support major payment infrastructure projects such as the adoption of ISO 20022 standards by SWIFT, FedNow, and Fedwire.

These constraints limit banks’ capacity to hold reserves in multiple currencies and to expand infrastructure for global transactions. SMQKE presented this limitation alongside the RippleNet documentation to underline the advantage digital assets like XRP bring to international settlements.

SMQKE’s analysis suggests that XRP’s role as a digital bridge can help financial institutions access liquidity across different markets, reducing the need for each bank to allocate large resources for every transaction corridor.

No bank has unlimited resources, a core limitation in traditional finance, which becomes increasingly relevant as institutions support expansive payment projects and respond to evolving industry standards.

XRP in the evolving cross-border ecosystemBased on the presented information, SMQKE asserted that XRP was designed to address the liquidity gap in cross-border payments. The documents do not refer to XRP’s price movements, but instead outline its central function within Ripple’s ODL framework, facilitating direct currency conversions and settlements, and decreasing banks’ reliance on correspondent networks.

On the technical side, monitoring investor preferences and transaction timings has become more important, especially given the rapid transformations seen in the meme token segment. In this area, even a fleeting internet trend can result in millions of dollars flowing into new tokens within days. For instance, Fomo App data revealed a notable trade where a $99 initial investment in “Niu Lai” grew to approximately $370,000. The platform integrates token discovery and trading, along with social feeds, investor rankings, and trade notifications—making it a notable tool for those navigating the fast-moving world of meme tokens and tracking shifts in investor activity.

XRP approaches $1.56 resistance for a fifth attempt in 2026, with chart levels indicating $1.70, $1.90, and $2.28 if the resistance breaks.

XRP is approaching the $1.56 resistance area for the fifth time this year, with XRP currently trading around $1.54. The daily chart shows that the same region rejected four previous advances during 2026, making the latest test a continuation of a resistance structure that has persisted for several months.

XRP needs to break $1.56 The chart places the resistance at approximately $1.5611, corresponding to the displayed 0.786 Fibonacci level. XRP is now only about 1.4% below that threshold.

Four Previous Tests Stopped Near $1.56 The chart marks four earlier advances toward the $1.56 area between February and August. Each attempt was followed by a move back into the broader trading range rather than a sustained daily advance above the level.

The latest recovery began after XRP traded near $1.00 in August. Price subsequently jumped above $1.28 and returned toward $1.50. The current chart shows XRP around $1.5285, while the supplied current market price of $1.54 places it even closer to resistance.

The latest five daily candles show a recovery from roughly the $1.28–$1.30 region. Lower wicks during the pullback indicate intraday buying responses, followed by expanding bullish candles toward $1.50. The latest candles are again testing the upper boundary that stopped previous advances.

What Comes After $1.56? If XRP records a sustained breakout above $1.5611, the chart identifies $1.7026 as the next major displayed Fibonacci level. From $1.56, that represents an additional increase of approximately 9.1%.

Above $1.70, the next major zone is around $1.90–$1.91. The chart specifically marks $1.9081, placing it roughly 22.3% above $1.56 and about 23.9% above the current $1.54 price.

The higher resistance band—the “red tape” referenced in the accompanying analysis—is positioned around $2.28, with the chart’s 0.236 Fibonacci level at $2.2832. A move from $1.54 to that level would equal approximately 48.3%.

Beyond that, the chart displays another major reference near $2.91, but that sits considerably above the immediate breakout structure.

The technical sequence displayed on the chart is therefore $1.56 → $1.70 → $1.90 → $2.28. These are chart-derived resistance levels rather than completed price moves. At the current $1.54 price, XRP is approaching the first level in that sequence after four previous tests of the same resistance area.

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22 September 2026 | 18:31 XRP has recovered almost 79% of its decline from $1.70 to $1.25, but the latest advance paused just below $1.60. The token also hesitated at this level in August before eventually breaking through it and reaching $1.70.

Key Takeaways XRP gained 4.4% over 24 hours. Weekly gains reached approximately 13.5%. $1.60 is the nearest resistance. Initial support now sits around $1.524. RSI confirms momentum but shows its speed. XRP pauses at the 78.6% retracement XRP traded near $1.57 at 15:06 UTC on September 22 after gaining approximately 4.4% over 24 hours and 13.5% over seven days, according to CoinMarketCap when checked.

The Bitstamp XRP/USD four-hour chart recorded a candle high of $1.595. That placed XRP within roughly 0.3% of the 78.6% Fibonacci level at $1.6.

XRP reached $1.595 before pulling back below the 78.6% Fibonacci retracement at $1.6. Source: TradingView. The Fibonacci scale measures how much of XRP’s decline from the August high near $1.7 to the subsequent low around $1.245 has been recovered. Reaching $1.6 means price has erased approximately 78.6% of that decline.

It is the highest retracement displayed on the chart before the August peak and therefore the closest resistance above the current price. XRP approached it but had not moved through it when the chart was captured.

The four-hour candle was still open, so the move represented an active test rather than a confirmed rejection. A wick near $1.60 shows that selling appeared there, but it does not establish whether that supply will remain during the next attempt.

XRP reacted the same way at $1.60 in August The previous encounter gives $1.60 more significance than a Fibonacci calculation alone.

During the late-August rally, XRP reached approximately the same level and initially pulled back toward the mid-$1.40s. A second advance then carried price through $1.60 and into a local high near $1.70.

That breakout did not establish lasting support. XRP later surrendered the advance and fell to approximately $1.245 on September 16. The token has since recovered by roughly 26% from that low.

Late-August test Initial pause near $1.60 Pullback toward the mid-$1.40s Second push to approximately $1.70 Current test Recovery from approximately $1.245 Break above the descending trendline First pause immediately below $1.60 The August move shows that XRP can pause at $1.60 and still advance. It does not make another move to $1.70 automatic.

The route back to $1.60 is different this time The resemblance ends at the level itself. The route XRP took back to $1.60 provides more useful evidence about the current attempt.

The most important structural change occurred before XRP reached the Fibonacci barrier. Price broke above the descending trendline connecting the lower highs formed after the August peak. It then cleared the 38.2% retracement near $1.418, the midpoint at $1.471 and the 61.8% level around $1.524.

Our previous XRP price analysis identified the low-$1.40s as the barrier facing the recovery. XRP has now moved through that area and created several possible support levels between its current price and the September low.

XRP therefore did not jump directly from $1.25 to $1.60. It recovered one section of the previous decline at a time, giving the next pullback clearer reference points.

Closest XRP resistance and support

Resistance: $1.56
The 78.6% retracement and level that paused the latest advance.

First support: $1.52
The 61.8% retracement and most recently recovered level.

Secondary support: $1.47
The midpoint of the decline from $1.696 to $1.245.

Deeper support: $1.39-$1.42
Former resistance, the 38.2% retracement and the moving-average cluster.

Industry views are bullish, but on different time frames Veteran trader Peter Brandt added a longer-term perspective on September 21. In an X post containing a monthly XRP chart, Brandt said the structure implied an “eventual advance” to $5.40.

This is my long-term chart of ripple:native It implies an eventual advance to $5.40
A claim of a “call” or simple presentation of a chart is NOT a trade People who claim “trades” need to provide proof or else the claims are BS An X post is NOT proof pic.twitter.com/Szu6FiZq2T

— The Factor Report (@PeterLBrandt) September 21, 2026

He also stressed that publishing a chart is not evidence of an actual trade or a recommendation to buy. No deadline accompanied the projection.

Brandt’s analysis covers a multi-year monthly structure, while the $1.60 test in this article comes from a four-hour chart. The two should not be treated as interchangeable. XRP would first have to clear $1.60, reclaim the August high near $1.70 and overcome additional resistance before a distant level such as $5.40 became relevant.

The network backdrop is also mixed rather than uniformly bullish. A September CoinDesk analysis of XRP Ledger activity found that second-quarter order-book trading increased by 79% from a year earlier. However, the number of accounts initiating those trades fell by approximately 41%.

That means more XRP was changing hands through a smaller group of active accounts. CoinDesk also reported that average tokenized-asset and RLUSD balances on the network reached approximately $4.26 billion during the quarter.

Those figures show that larger-value activity is developing on XRP Ledger, but they do not prove that network use caused the latest price increase or that demand will be sufficient to clear $1.60.

Momentum supports the rebound, but the trend is not fully repaired The moving averages have not completed a bullish alignment XRP is trading above its 50-, 100- and 200-period simple moving averages on the four-hour chart. All three are tightly grouped between approximately $1.387 and $1.399, showing where the market spent much of September reaching a temporary balance.

A conventional bullish alignment would place the 50-period average above the 100-period average, with both above the 200-period average. XRP has not reached that arrangement yet: the 50-period average is slightly above the 100-period average but remains below the 200-period average.

Price has therefore improved faster than the slower indicators can reflect. Moving above all three averages strengthens the short-term recovery, but their current order does not yet confirm a sustained trend reversal.

The cluster is also approximately 12% below XRP’s current price. It could become relevant during a deeper correction, but it is too distant to provide immediate support.

RSI confirms the rise but shows its speed The four-hour relative strength index reached approximately 78. The reading shows that XRP arrived at $1.60 after a rapid recovery instead of a long period of consolidation.

There is no clear bearish divergence on the displayed chart. XRP has made progressively higher September highs, and RSI has risen with them. A bearish divergence would require price to reach a higher high while RSI records a lower high; that pattern is not visible yet.

Momentum therefore continues to support the rebound. The risk comes from how much ground has already been covered: XRP climbed roughly 26% from its September 16 low before reaching resistance. The first pullback may reveal more about remaining demand than the overbought reading alone.

Volume also expanded as XRP crossed $1.47 and $1.52. The latest candle showed approximately 7.8 million XRP in volume, but it was incomplete and cannot yet be compared fairly with completed four-hour candles.

Three reactions that would change the chart XRP closes and remains above $1.60 A four-hour close above the barrier would be an initial breakout signal. Remaining above it through a pullback would provide stronger evidence that former resistance is becoming support. The August high near $1.7 would then be the next established chart reference, approximately 6% above $1.60 -not a guaranteed target.

A pullback holds around $1.52 XRP would remain above the 61.8% retracement and preserve most of the latest breakout. That would resemble a test of newly recovered support rather than a complete failure at $1.60.

Price loses $1.52 and $1.47 The recovery would begin surrendering two recently reclaimed levels. Attention would then shift toward $1.418 and the moving-average cluster around $1.39-$1.40.

The first touch is no longer the important part XRP has already shown that it can return to $1.60. The more useful test is whether price can remain above the barrier after momentum cools. A move that survives a pullback would establish something the current wick has not: evidence that $1.60 is changing from resistance into support.

This article is provided for informational purposes only and does not constitute financial or investment advice. Cryptocurrency prices and technical indicators can change rapidly while chart candles remain open.

Author

Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.

XRP Breaks $1.56 After 27.6% Rally as Inverse Head-and-Shoulders Pattern Nears Confirmation.

XRP has moved through the $1.56 resistance level highlighted in our previous technical coverage, with the latest daily chart showing price around $1.58 following a 27.6% advance from approximately $1.25.

XRP next targets: Bullish breakout The move places XRP directly around the neckline of a large inverse head-and-shoulders formation visible on the daily timeframe. The chart identifies a left shoulder during the April-May period, a head around the August low near $1.00, and a right shoulder formed during the September pullback.

XRP Moves Above Previously Tested $1.56 Level In our previous report, XRP was trading near $1.54 and approaching approximately $1.56 for the fifth time in 2026. Four earlier attempts had failed to produce a sustained move through that area.

The latest chart shows XRP reaching approximately $1.58, placing price above $1.56 on an intraday basis.

$1.25 was the starting point of the right shoulder; the move to $1.58 represents an increase of roughly 26.4%; the cited 27.6% rally may reflect different intraday endpoints.

The next nearby area highlighted by the new chart is around $1.60, which also corresponds closely with the neckline of the inverse head-and-shoulders formation.

Chart Maps Potential Move Toward $2 The technical projection accompanying the chart places approximately $2.00 as the measured upside objective if XRP establishes a breakout above the neckline.

From $1.58, reaching $2 would represent an additional increase of approximately 26.6%. From a $1.60 breakout reference, the move to $2 equals 25%.

The projected path on the chart first moves through $1.60, consolidates around the $1.60–$1.65 region, and then extends toward approximately $1.85–$1.90 before reaching $2. That path is a chart projection rather than completed price action.

The current chart therefore places XRP at the intersection of three previously identified levels: the repeatedly tested $1.56 resistance, the inverse head-and-shoulders neckline around $1.60, and the large historical supply concentration around the same $1.60 region.

XRP staged a sharp recovery on Sept. 21, climbing from roughly $1.41 to $1.54 and gaining almost 9% in a single session. 

The token subsequently surrendered part of the advance on Sept. 22, leaving traders assessing whether the latest move marks the start of a broader recovery or another short-term rebound.

The move came as capital returned to crypto markets. According to SoSoValue data cited in market reports, US-listed spot crypto ETFs recorded more than $1.9 billion in net inflows over a 24-hour period. Bitcoin accounted for approximately $1.36 billion of the total, while other digital assets also attracted fresh capital.

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XRP's recovery has also improved its short-term technical picture. Market analysts have pointed to the token testing a descending trendline that has limited several recovery attempts since the August peak.

Some momentum indicators have started to improve, although derivatives positioning remains less decisive. The combination suggests that traders have become more constructive but have not yet established a broadly bullish positioning across the market.

Will there be Uptober?The broader crypto market remains an important factor for XRP. Bitcoin's recent weakness has put pressure on altcoins, while traders are increasingly looking toward the fourth quarter and the historical tendency for stronger crypto-market performance during October.

That has revived the familiar "Uptober" narrative, with some market participants expecting September weakness to give way to a stronger October.

Historical data, however, offers a more complicated picture for XRP. While October has produced several substantial rallies for the token, its historical monthly performance has not consistently followed the broader crypto-market pattern. One analysis of XRP's historical returns put the median October performance at approximately -1.79%.

As a result, seasonal trends alone provide limited evidence for what XRP could do in the coming month. The recent rebound is a more immediate factor, particularly if the token can maintain its gains and challenge the resistance levels that have contained previous rallies.

The US regulatory backdrop is another consideration. The Senate's failure to advance the CLARITY Act through a procedural vote on Sept. 16 removed one potential near-term catalyst for the broader US crypto market. 

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The setback does not eliminate the possibility of future regulatory progress, but it leaves the proposed market-structure legislation stalled.

For XRP, the combination of stronger spot-market activity, improving technical momentum and renewed interest in October creates a more constructive backdrop. At the same time, mixed derivatives data and the broader market's sensitivity to Bitcoin suggest that the recovery remains dependent on several external factors.

“Uptober” is therefore better viewed as a market narrative than a reliable forecast. XRP would need to sustain its recovery and move through established resistance levels before the latest rebound could be considered a more significant technical shift.

XRP price predictionXRP's weekly chart has also attracted attention following the end of a roughly five-week consolidation period. The token gained about 5.5% over the week and briefly reached $1.57 before settling back into the $1.51-$1.54 area.

Source: CoinMarketCapTechnical trader Peter Brandt has presented a substantially higher long-term scenario for XRP, identifying $5.40 as a potential target based on the asset's historical chart structure. From the approximately $1.50 level, such a move would represent a gain of around 260%.

Brandt's analysis focuses on a long-term technical formation that developed over several years. His chart shows a descending resistance line extending from XRP's 2018 peak and an ascending support line originating around the 2020 lows. The two boundaries eventually formed a large converging structure.

XRP subsequently broke above the upper boundary during its major advance, eventually climbing above $3 before entering a prolonged correction.

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The cryptocurrency is now trading considerably below that peak. Brandt's chart places XRP around $1.49 while showing the token consolidating below its 18-month moving average, which sits near $1.88.

That technical setup leaves two distinct reference points for the current market. The recent recovery toward $1.54-$1.57 shows that buyers have returned after the September decline, while the longer-term chart still places XRP below a significant moving-average level.

A sustained move through nearby resistance could strengthen the recovery narrative, while failure to maintain the recent gains would leave XRP within the broader consolidation that has characterized its recent price action.

For now, the $1.50 area remains a key reference point as traders assess whether the September rebound can develop into a larger fourth-quarter move.

5 hours ago

Famous trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin crash, shared his long-term outlook on Ethereum today. Brandt noted that Ethereum is currently trading at around $2,794, and after breaking through the $5,000 resistance level, it could rally to approximately $8,600. Additionally, Brandt believes XRP’s long-term target could reach $5.40.

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