Track market-moving stories before they get noisy

Crypto analyst Xaif, known online as Xaif_Crypto, published an analysis signaling a major shift in the market structure for XRP. His recent investigation revealed a sharp decline in XRP’s cumulative volume delta (CVD), which tracks the net difference between buying and selling volume over time.

Steep CVD decline for XRPAccording to Xaif, XRP’s CVD dropped from nearly neutral to around -1.18 billion. He pointed out that both the green and purple moving averages on his TradingView chart are sloping downward, showing no signs of leveling off. As of the latest reading, the CVD stands at the lowest point on the chart, with the price of XRP at 1.2983.

The CVD’s downward trajectory suggests that selling activity has consistently outpaced buying, indicating pressure from sellers dominating over multiple sessions rather than short-lived surges.

Mini dictionary: Cumulative Volume Delta (CVD): An indicator that measures the net buying and selling volume, helping traders gauge whether buyers or sellers are more active over a specific period.

Xaif’s chart shows a period of stability in CVD until early October, followed by a sudden drop around October 12 to 13. A brief stabilization was seen before another wave brought the CVD even lower from October 17 to 19.

XRP liquidity just got absolutely crushed. The CVD has collapsed from near neutral levels to roughly -1.18 billion, while both moving averages continue trending lower. Is this capitulation, or is there more selling left?

Capitulation or sustained selling?Xaif’s central question focuses on whether the current CVD collapse represents market capitulation or if further selling might be likely. Capitulation typically refers to a situation where persistent and heavy selling marks the end of a downtrend and sometimes signals a reversal. Despite the weakness, the CVD pattern does not yet confirm that a full capitulation event has taken place.

Some analysts interpreting the data remain cautious, viewing the ongoing selling as a sign the bearish trend could extend further. Others believe the current intensity bears hallmarks of exhaustion among sellers, often preceding a shift in momentum.

Community discussions and analysisSeveral market watchers responded to Xaif’s analysis, providing further technical context. One observer described capitulation in precise terms—it usually involves a spike in trading volume, long wicks on the chart, funding rates reaching -0.1%, and CVD flatlining while the price still declines.

By these criteria, he assessed the market as not yet meeting the typical conditions for capitulation. He characterized the current situation as “distribution,” a phase dominated by active selling without divergence or signs of reversal, but suggested a potential bottom could form within a few days.

A different analyst commented that his experience with similar CVD patterns gives him the impression of capitulation. Another voice took a more moderate position, agreeing that the -1.18 billion CVD figure signals significant stress in the market but emphasized that moving averages remain weak and unrecovered, echoing Xaif’s observations.

Market sentiment splitThe data from the past week suggests that XRP continues to face strong selling pressure, with neither price nor CVD reflecting a clear sign of divergence or an imminent turnaround. The analyst community remains divided, with some expecting the period of active distribution to persist, while others think seller exhaustion could emerge soon.

Grayscale has rolled out an in-kind investing service that lets qualified investors swap cryptocurrencies for shares in 10 investment products. The announcement includes BTC, ETH, SOL, XRP, DOGE, and five more assets, with minimum investments higher than $80,000.

Grayscale Opens In-Kind Investing Across 10 Crypto Products Grayscale’s official announcement states that investors may make deposits directly in tokens and not have to convert tokens into cash first.

The service covers Bitcoin, Ethereum, Solana, XRP, Dogecoin, Avalanche, Chainlink, Hyperliquid, Sui, and Zcash. Investors will own shares of the corresponding products and continue to hold cryptocurrency exposure in a traditional investment account.

The investments, however, vary considerably from one product to another among the 10 products. The Solana Staking ETF and the Bitcoin Mini Trust demand the smallest minimums at around $80,300 and $364,800, respectively.

Dogecoin takes up around $95,550, whereas XRP needs $257,000 and Zcash needs $322,600. These minimums vary depending on the price of cryptocurrencies and can restrict smaller investors from participating in the system.

The new offering comes after Grayscale’s previous launch of a Zcash ETF, bringing another regulated investment vehicle for cryptocurrency investors.

In-Kind Transfers Minimize Direct Responsibilities for Crypto Custody The service will enable users to trade and allow existing cryptocurrency holders to swap tokens with investment shares without the need to execute a separate cash deal. However, it is through authorized participants or approved intermediaries that customers have to tap into the offering.

Grayscale CTO Steve Vanourny stated that institutional custody has become more valuable in the face of cybersecurity threats to cryptocurrency investors. He also highlighted possible collateral benefits in the areas of estate planning, portfolio management, and collateral use.

While custody and counterparty risks remain, contributed cryptocurrencies are no longer managed by investors using their own wallets. The shares are not to give any control over the underlying tokens, but rather to expose the investor to digital assets.

The offering also features the Dogecoin Trust ETF, which saw a surge in investor inflows at the end of September.

SEC Approval Supports Crypto Investment Product Expansion The rollout follows the Securities and Exchange Commission’s July 2025 approval of in-kind creations and redemptions for cryptocurrency exchange-traded products.

The SEC decision allowed authorized participants to exchange underlying cryptocurrencies directly for fund shares. Previously, certain Bitcoin and Ethereum exchange-traded products relied on cash-based transactions.

SEC Chairman Paul Atkins said the mechanism could make cryptocurrency investment products less costly and more efficient. However, the approval does not eliminate transaction charges or risks associated with holding fund shares.

Grayscale warned that facilitator fees, market price differences, and possible tax obligations still apply. In addition, its products also rely on third-party custodians, while investors remain exposed to changes in cryptocurrency prices.

Crypto analyst Dark Defender has shared a new technical outlook for XRP, outlining a path to significant gains if the digital asset can surpass key resistance levels. Focusing on Elliott Wave theory, the analyst offered a detailed scenario for a move toward double digits, contingent on crucial support holding firm.

The $1.29 support level shapes the bullish thesisXRP’s current price has hovered near $1.33, with its recent market structure described by Dark Defender as a completed Wave 2 in the Elliott Wave sequence. According to the analysis, this corrective wave unfolded as an ABC running flat, with the lows and highs from late August to September forming distinct legs on the daily chart. The Wave C decline down to $1.29 now functions as the foundation for the bullish setup, with that price serving as critical support.

Dark Defender emphasized that the bullish outlook remains intact as long as the $1.29 level holds. This point matches the 50% Fibonacci retracement of the prior rally and is seen as confirmation that the corrective wave has ended, opening the door for the next rally phase.

The analyst noted XRP faces immediate resistance between $1.44 and $1.56, corresponding to the 70.2% and 85.4% Fibonacci retracement levels. Despite recent consolidation, Dark Defender expressed confidence that the market structure remains unchanged.

XRP completed Wave 2 as an ABC running flat, with $1.29 as the decisive support. As long as XRP holds this level, the next resistance to test is $1.44 to $1.56. If the price moves above $1.56, double digit levels could be reached quickly.

On the technical side, XRP has moved in a narrow range near $1.33. The daily Relative Strength Index (RSI) is close to 42. The potential for a bullish crossover signals that momentum has not faded and could further support the bullish scenario if confirmed.

Fibonacci targets point to further upsideIf the anticipated Wave 3 rally materializes, chart projections show three major Fibonacci extension targets. The 161.8% extension is set at $1.88, followed by the 200% extension at $2.90. The 261.8% extension puts the target at $4.10, all derived from the length of the earlier Wave 1 rally in late August.

Dark Defender stated that a move above $1.56 would remove significant resistance, suggesting that momentum could accelerate swiftly toward double digit prices. The analysis positions the $1.44-$1.56 band as the final barrier before potentially rapid price advances.

Support / ResistanceFibonacci LevelTarget PriceSupport50% retracement$1.29Resistance70.2%-85.4% retracement$1.44 – $1.56Wave 3 Targets161.8% / 200% / 261.8% extension$1.88 / $2.90 / $4.10Elliott Wave theory, a framework widely used by traders to analyze cyclic price patterns and investor psychology, assumes that markets move in predictable waves of optimism and pessimism. These patterns are often used to identify potential turning points in both traditional and crypto markets.

Mini dictionary: Elliott Wave theory is a technical analysis method that identifies recurring wave patterns in markets related to investor behavior and is often used to predict price movements.

What lies ahead for XRP?According to Dark Defender, XRP is poised for an advance if it can break free from current consolidation. The analyst highlighted $1.88 as the first major milestone, with successive targets higher if momentum follows through. The path to double digit prices, he noted, would likely clear quickly once the price surpasses $1.56.

The primary condition for this bullish scenario remains the defense of $1.29 support. Above that level, resistance at $1.44 to $1.56 is seen as the final barrier to a broader breakout. If price clears that zone, rapid escalation to higher targets is expected.

Holding $1.29 support keeps the bullish trend intact. Clear resistance exists between $1.44 and $1.56, and a decisive break above this zone may propel XRP toward much higher levels with increased momentum.

How XRP’s ‘Banker Coin’ Reputation Is Challenged by Ethereum, Solana

XRP, Dogecoin Flash ‘Opportunity’ Signals Again: Can Bulls Break Through?

TLDR

Hackers hijacked a third-party notification provider for Ngrave’s LIQUID app and sent fake security alerts on Oct. 17.
About $2.56 million was stolen from 70 wallet addresses across four blockchain networks.
Bitcoin made up $1.77 million of the losses, followed by XRP, Ethereum-based assets and Stellar.
Ngrave says its ZERO hardware wallets were not breached. Victims entered their recovery phrases on a fake website.
The CEO said the company “absolutely and utterly failed” and has added new security controls.

Belgian hardware wallet maker Ngrave says thieves stole about $2.56 million from its customers after hijacking a system used to send app alerts. The company disclosed the attack on Oct. 19.

Attackers gained control of a third-party notification provider used by Ngrave’s LIQUID companion app. On Oct. 17, they used it to send fake security warnings straight to users.

The message said a user’s portfolio had been synced with a Pixel 9 device in Moscow. Tapping the alert opened a fake Ngrave website with a countdown timer and buttons to approve or deny the activity.

Both buttons led to the same trap. Users were asked to enter their 24-word recovery phrase or their Perfect Key, which gave attackers full access to their wallets.

Automated scripts then emptied the accounts within minutes. Ngrave traced the losses to 70 wallet addresses across four networks.

Bitcoin made up most of the stolen funds at $1.77 million. Thieves also took $454,000 in XRP, $316,000 in Ethereum-based assets and $18,000 in Stellar.

How the Attack Unfolded
Ngrave’s incident report says unauthorized access may have started on Oct. 11, six days before the fake alerts went out. Attackers got one access key and used it to obtain a second key with wider permissions, including access to some analytics data.

The company spotted the fake alerts within a minute of their appearance at 9:30 p.m. UTC on Oct. 17. Even so, the first wallet was drained six minutes later.

Ngrave shut off its notification system by 10:45 p.m. Thefts from wallets that were already compromised continued until 3:51 a.m. the next morning.

The company says its ZERO hardware wallets and private keys were never breached. Instead, attackers tricked customers into handing over their own recovery details.

The stolen funds moved through exchanges, blockchain bridges and new addresses. Ngrave traced bitcoin into 12 addresses, while XRP moved through 54 transfers.

Analytics firm Bitquery said in its own report that “most of it now sits on Hyperliquid as a Monero token.” It estimated about 81% of the funds ended up on the decentralized perpetuals exchange.

Ngrave CEO Admits Failure
Ngrave’s CEO gave a direct statement in the incident report. “In my humble opinion, the first duty of a crypto security company is to provide exactly that: security. In this, we have absolutely and utterly failed,” he said.

He said the company’s security was not strong enough when he took over as leader months earlier. Ngrave also said device information, wallet activity, IP addresses and approximate locations may have been exposed.

The incident adds to a difficult year for hardware wallet makers. Nearly a dozen security incidents in 2026 have involved brands such as Ledger, Trezor, Tangem, Safepal, Bitbox02 and Coldcard, with reported losses topping $180 million across two incidents.

Ngrave has replaced the compromised keys and plans tighter notification controls. These include two-person approvals, restricted domains and an emergency shutdown option.

The company is urging affected customers to set up new wallets and contact support. Its investigation is ongoing.

Zcash gains nearly 10% as XRP and Ethereum rebound. October 21 analysis maps key price support, resistance and signals for ETH, XRP, XMR, ZEC and PUMP.

Asset Price 24-hour change Aggregate volume Ethereum $2,443.19 +1.24% $11.30B XRP $1.33 +2.10% $1.41B Zcash $1,259.24 +9.64% $1.04B Monero $575.41 −4.80% $185.56M Pump.fun $0.0047416 +6.35% $189.25M Ethereum Rebounds but Remains Below the Bollinger Midpoint Ethereum closed October 20 at $2,446.73, up 1.72%, after trading between $2,370.41 and $2,475. The candle recovered Monday’s $2,443.70 high at the close but did not clear the October 16 high at $2,490.84 or the October 14 high at $2,527.11.

TH/USD daily Bollinger Bands show a rebound to $2,446.73 below the falling $2,532.04 midpoint, with support concentrated near $2,370–$2,383. Daily Bollinger Bands, calculated from a 20-day simple moving average and two population standard deviations, placed the midpoint at $2,532.04. The lower and upper bands stood at $2,296.81 and $2,767.26.

Price remains in the lower half of the envelope while the midpoint continues to fall. This characterizes a rebound beneath a declining trend reference rather than a confirmed reversal.

The completed 00:00–04:00 UTC candle closed at $2,441.56. CoinGecko’s aggregate quote was 1.34% above Tuesday’s $2,410.99 report.

A daily close above $2,475 would strengthen the approach to $2,490.84 and the Bollinger midpoint near $2,532. A close below $2,382.78 would weaken the rebound and expose $2,370.41, followed by $2,313.42.

XRP’s MACD Gap Narrows Without a Bullish Crossover XRP closed Tuesday at $1.33457, gaining 2.45% and finishing above the previous session’s $1.32128 high. The move recovered part of the decline from $1.38535 but remained beneath the $1.34473 session high and $1.34600–$1.35208 resistance.

XRP/USD daily MACD (12,26,9) remains below its signal even as the histogram becomes less negative following a 2.45% completed-session gain. Daily MACD, using 12- and 26-period exponential averages with a nine-period signal EMA, remained bearish. The MACD line improved to −0.03536 against a −0.02410 signal.

Its histogram narrowed from −0.01569 to −0.01126, showing reduced downside momentum but no completed bullish line-signal crossover.

Four-hour MACD offered a stronger short-term reading: the line was above its signal and the histogram was positive at 0.00611. That divergence supports a near-term rebound attempt but does not replace daily confirmation.

A daily close above $1.34473–$1.35208 would strengthen the recovery toward $1.38076–$1.38535.

Failure to hold $1.29213 would weaken the move and expose Tuesday’s $1.285 low. A close below $1.25477 would invalidate the recovery from the new October low.

Compared with the October 19 report, XRP’s Kraken daily close has risen 2.21% from $1.30573.

Monero Holds Above Its Daily EMAs After a $625 Rejection Monero closed October 20 at $597.57, down 1.29%, after reaching $625. The upper wick and lower close show rejection from that high, while Kraken volume reached 10,422 XMR—approximately 1.66 times the preceding 20-session average.

XMR/USD remains above rising 20-day and 50-day EMAs despite rejecting $625, while four-hour price action has weakened toward $575. Despite the pullback, price remained above the rising 20-day EMA at $559.91 and 50-day EMA at $530.54. The faster average was already above the slower one, and Tuesday did not produce a fresh crossover.

The setup therefore combines a still-positive daily trend position with near-term rejection at resistance.

Short-term conditions weakened after the daily close. The completed four-hour candle fell to $574.94, below its 20-period EMA at $592.17 and near its 50-period EMA at $574.17. CoinGecko’s $575.41 quote likewise sat well below Tuesday’s close.

A daily close above $611.93 would improve the odds of another test of $625. Clearing $625 would bring the September 21 high at $633.90 into focus.

A close below $582.55 would weaken the latest advance, while losing $569.44 would expose the 20-day EMA.

Zcash RSI Reclaims Neutral as Price Tests October Resistance Zcash closed at $1,256.30, gaining 9.17% after trading as low as $1,117.08. The close recovered Monday’s $1,189.88 high and approached the $1,278–$1,284.78 resistance area.

ZEC/USD daily RSI rises above 50 as price approaches $1,278–$1,284.78 resistance; the four-hour move to $1,296 is not yet a daily breakout. The 14-day RSI, calculated with Wilder smoothing, rose to 51.05 from 43.69. Moving above 50 provides momentum confirmation for the rebound, while the reading remains below the conventional 70 overbought threshold. Four-hour RSI was stronger at 64.82, reflecting the sharp short-term advance.

The latest completed four-hour candle reached $1,296 and closed at $1,260.25. This intraday break above $1,284.78 was not confirmed by a completed daily close.

The broader October structure also retains lower highs from the September peak.

A daily close above $1,284.78 would confirm a break of immediate resistance and improve the path toward $1,303–$1,335.

A close below $1,189.88 would weaken the rebound, with $1,150.80 and $1,108.86 next. Losing $1,047.63 would invalidate the recovery.

The current aggregate quote is 4.51% above the $1,204.87 snapshot in the October 16 report.

Pump.fun Rebounds as ATR Keeps Volatility Elevated Pump.fun closed Tuesday at $0.004864, advancing 8.91% after a $0.004325–$0.004878 session. The close recovered Monday’s $0.004586 high but stopped below $0.004878 and the October 14 high at $0.005130.

PUMP/USD daily ATR (14) remains near $0.000596, or 12.25% of price, as the token rebounds toward $0.004878–$0.005130 resistance. The 14-day Average True Range, using Wilder smoothing, stood at $0.000596, down slightly from $0.000599. That equals approximately 12.25% of Tuesday’s close, indicating that recent daily ranges remain wide relative to price.

ATR measures volatility, not direction, so it does not confirm that the rebound will continue.

The latest completed four-hour candle closed at $0.004738 after touching $0.004963. The move cleared Tuesday’s high intraday but failed to hold above it at the four-hour close.

A daily breakout therefore remains unconfirmed.

A daily close above $0.004878 would strengthen the recovery toward $0.005130, followed by $0.005503–$0.005610.

A close below $0.004325 would weaken the setup and expose $0.004153. Losing the October 18 low at $0.003788 would invalidate the current rebound.

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A technical failure on the XRP Ledger (XRPL) network that slowed transaction processing has turned into an open analysis of the protocol's architecture. David Schwartz, former Chief Technology Officer of Ripple and co-creator of the system, publicly named the blockchain's vulnerable points highlighted by the incident.

The problems began after the XRP Ledger Operations team recorded an anomaly: the network's ledgers started closing significantly slower than usual. While engineers searched for the cause of the delays, questions arose in the community about the reliability of the decentralized system. Users were concerned about whether the network could fail due to the overload of several key hubs. Schwartz stepped into the discussion to explain the real limits of XRPL's resilience.

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According to Schwartz's assessment, the XRP Ledger software is protected by a multi-layered security system. Nevertheless, in theory there are only two scenarios capable of completely paralyzing the entire network:

Mass infrastructure failure: a situation in which a huge number of validator servers around the world fail simultaneously. Such an outcome is possible only in the event of a global natural catastrophe, so developers consider it unlikely.

Consensus algorithm failure: an error in the very mechanism for reaching agreement between nodes, or the failure of another basic protocol function at the code level.

The recorded slowdown of rounds is direct evidence that the system's technological safety margins have decreased. Schwartz admitted that this is a marker that the network is either under a targeted attack or a hidden bug has been activated inside the code.

At the same time, the architect refuted rumors about the blockchain's vulnerability to single points of failure. The network is fully decentralized, so shutting down or overloading even a large hub (including his own node) has no effect on XRPL's overall operability and uptime.

How the creator of the network was left without logsThe main practical problem turned out to be the vulnerability of the network monitoring systems during peak loads. When consensus rounds slowed down, validators abruptly switched to maximum load. Schwartz's own node could not withstand the influx of requests, causing local RPC connections to hang in the CLOSE_WAIT state.

Official announcement of the XRP Ledger network slowdown, Source: XRP Ledger Operations / XBecause of this hang, Schwartz's internal monitoring system was unable to record and transmit diagnostic data at the most critical moment. As a result, the engineer had to reboot the server without understanding the exact cause of the failure.

During the discussion, it emerged that the hub of the XRPL co-creator was sending logs to an outdated test host of the XRP Ledger Foundation (XRPLF). 

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Currently, the team of engineers and community operators is manually analyzing the surviving logs to isolate and completely eliminate the defect. Schwartz summarized that, despite the temporary reduction in safety margins, the team has no reason to panic. The developers are fully in control of the situation, and the code architecture has a sufficient technological reserve to keep the network operational.

XRP withdrawals are shifting toward smaller transfers, changing how tokens move across exchanges.

On Binance, XRP withdrawals of less than 10,000 XRP moving through the exchange grew from 3% to 19.7% over the period between September 30th and October 20th.

Meanwhile, the number of exchanges where token moves were made for amounts exceeding one million XRP dropped from 60% to 38.6%. Coinbase recorded a steeper decline, with large-transfer shares dropping from 43% to 12.5%.

While this shift reflects declining whale dominance in exchange transactions, it highlights a slowdown in large-holder transfers rather than active retail-led accumulation.

Source: CryptoQuant As reserves continue to grow, there will be more potential XRP available to sell, and if demand to sell increases, it could negatively affect the price of XRP. However, it will ultimately be determined by exchanges’ outflows and reactions to those outflows in terms of pricing.

While smaller XRP withdrawals have gained share across exchanges, whale activity shows a deeper decline in large-holder movement.

Since February 2025’s peak at $3.5 billion when XRP was trading near $3.3, Binance’s 90-day average whale outflow has plummeted to $49.7 million, its lowest value since October 2021.

Therefore, it seems whales are now transferring fewer XRP off Binance, and possibly lower accumulation interest exists for XRP at current prices.

Source: CryptoQuant Unless whales start showing renewed interest in purchasing XRP, it will be challenging for XRP to maintain past recoveries, especially considering growing reserve totals.

However, without continued whale-sell-outflow volume, this does not mean that additional declines are inevitable. Should prices become attractive enough again, whale-buying activity could signal a change in market trend direction.

XRP supply share rebounds XRP’s whale outflows remain subdued, but Binance supply share is recovering, raising fresh concerns about potential selling pressure.

In October, supply share had fallen to 2.49 before rebounding to 2.66. This indicates that Binance presently holds a larger share of XRP supply, thereby providing an even larger pool of available tokens for traders.

On the other hand, daily XRP-Ledger transaction counts have grown by approximately 14.78%, totaling roughly 2.49 million. Transaction growth occurred after relatively strong levels of transactions existed during late August and early September.

Source: CryptoQuant Still, increased transaction counts do not confirm the directionality of either purchases or sales. Therefore, should the exchange supply continue to grow and XRP become weaker, sellers will likely take advantage and create an increased influence upon markets.

Yet, prolonged levels of high network activity combined with subsequent price recoveries would suggest improved demand and better overall participation within markets.

Final Summary Ripple [XRP] exchange reserves rose by 120 million tokens as smaller withdrawals gained share, increasing potential selling pressure.

XRP whale outflows fell to a five-year low of $49.7 million, while rising Binance supply could limit recovery without stronger demand.

Ripple Backs SEC’s Proposed Crypto Regulation, Calls for End to Case-by-Case Enforcement

Ripple is urging the U.S. Securities and Exchange Commission (SEC) to finalize its proposed crypto rules, arguing that clear regulations are needed to protect investors and keep innovation in the United States. 

Ripple Chief Legal Officer Stuart Alderoty said the company supports the proposal, but stressed that the industry needs clear rules instead of years of case-by-case enforcement.

Ripple Backs SEC Proposal but Seeks End to Case-by-CaseOn October 20, Ripple filed a comment letter supporting the SEC’s proposed Regulation Crypto Assets. Alderoty said the agency has clear authority to adopt the rules and called for a clearer approach to digital asset regulation.

“We support the proposal, and the SEC has clear authority to adopt it.”

He said that years of case-by-case enforcement have pushed crypto innovation overseas. Ripple wants rules that follow existing laws and clearly explain when a digital asset falls under securities laws.

Alderoty also noted that a token is not automatically a security just because it was sold through an investment contract. Under the Howey test, the focus should be on the promises made by the issuer and whether those commitments have ended, rather than using decentralization as the main test.

1/ Today Ripple filed its comment letter on the SEC’s proposed Regulation Crypto Assets. We support the proposal, and the SEC has clear authority to adopt it.
2/ Years of “case by case, coin by coin” enforcement has pushed innovation offshore. We need holistic rules for digital…

— Stuart Alderoty (@s_alderoty) October 20, 2026 Ripple Points to Its $150 Million Legal BattleRipple’s push for clearer rules comes after its long legal battle with the SEC. Alderoty said the company spent more than $150 million seeking legal clarity, adding, “No company should have to do that to learn what the law requires.”

He believes clear rules would help companies understand their legal duties without facing years of costly court battles. Alderoty said that a clearer framework could attract investment, protect investors, and help keep crypto innovation in the U.S.

SEC Proposal Offers Two Fundraising ExemptionsThe SEC introduced its proposed Regulation Crypto Assets in August. It includes two possible exemptions for qualifying digital asset investment contracts.

Under the SEC proposal, eligible startups could raise to $5 million over four years through one exemption. Another would allow offerings of up to $75 million within 12 months, subject to additional disclosure and financial reporting requirements.

The proposal also includes a safe harbor to help determine when an issuer has fulfilled its original promises and a token is no longer linked to an investment contract. 

Ripple supports this approach but wants a more reliable process for exchanges, brokers and other market participants.

Other Crypto Groups Join Ripple’s PushRipple is not alone. A group including Chainlink, Hedera, Stellar, Aptos, Avalanche and Cardano has also submitted a joint letter calling for clearer rules, including recognition of digital commodities in the rule text.

The SEC is now reviewing industry feedback. Although the main comment period ended on October 20, the supplied information says the regulator is expected to continue accepting comments as it considers changes before a final commission vote.

Story Ends Here

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XRP could see stronger buying pressure if large investors enter the market while the number of tokens offered for sale remains low. An analysis of 64 crypto exchanges found around 225 million XRP listed for sale at prices from the current market level up to $5.

The study covered 171 trading pairs, including XRP/USD, stablecoins, euros and other currencies. It found that the amount of XRP available to buy on exchanges is much smaller than the total held in exchange wallets.

Billions of XRP Held on Exchanges Are Not for SaleThe analysis estimated that around 35 million XRP was listed for sale within 2% above the market price. Meanwhile, buyers had placed orders for around 44 million XRP within 2% below the price.

Across all exchanges, approximately 225 million XRP was listed for sale up to $5. On selected major exchanges, the figure was around 100 million XRP. Binance held around 2.6 billion XRP in its wallets, but only 2.8 million XRP was listed for sale within 2% of the market price.

The difference is that exchange wallets hold tokens belonging to customers who may not want to sell. Only tokens that traders have offered for sale appear in the exchange’s listed orders.

These figures show the orders visible when the research was conducted. The amount available can change as traders add or remove their sell orders.

How Large XRP Purchases Could Affect the PriceIf a large investor buys more XRP than sellers have offered at current prices, the buyer may have to pay higher prices to purchase the remaining tokens.

The researcher used a hypothetical $1 billion purchase to explain this possibility. Based on the study’s figures, such a purchase could buy all the XRP listed for sale up to $5. However, this does not mean XRP will reach $5, as the number of sellers and available tokens can change.

Large investors may also buy XRP through private deals rather than directly through exchanges. These deals can help them purchase large amounts without placing all their orders on public markets.

Arthur Britto’s XRP Wallet TransfersAccording to wallets linked to Arthur Britto, one of the architects of the XRP Ledger.

XRPScan labels 12 wallets associated with Britto that collectively hold around 1 billion XRP. The researcher highlighted an 80 million XRP transfer in November 2024, followed by transfers through wallets reportedly funded by Ripple before the tokens reached Bitstamp.

some of these tokens could be connected to Ripple’s On-Demand Liquidity service, which uses XRP to facilitate cross-border payments.

However, the transfers do not confirm that the tokens were used for payments or sold. Public blockchain records show where tokens move, but they do not always reveal why the transfers occurred or what happened after the tokens reached an exchange.

Brad Garlinghouse Explains What Drives XRP ValueRipple CEO Brad Garlinghouse has linked XRP’s value to supply and demand. He said:

“Price is very simple. Supply demand.”

Garlinghouse has also highlighted the role of liquidity and the use of XRP in payments. Greater use by financial institutions could increase demand, but the effect on price would depend on how much XRP they need and how the market responds.

XRP has a maximum supply of 100 billion tokens. However, the amount available for sale depends on how many holders are willing to sell at a given price.

Evernorth reported holdings of around 473 million XRP. Tokens held by large investors or treasuries may remain outside the market for a period, but their impact on available supply depends on whether those holders decide to sell or use them.

The study shows that the amount of XRP listed for sale can be much smaller than the total held on exchanges. Whether this leads to higher prices will depend on future buying demand and how many holders are willing to sell.

Story Ends Here

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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Get a practical XRP market intelligence product built for readers who want context, not hype. This digital analysis package helps you understand XRP price trends, XRP predictions, liquidity signals, regulatory catalysts, and long-range scenarios without treating any single forecast as a guarantee. It is designed for crypto readers, content teams, and XRP holders who need a clear framework before reacting to headlines.

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You receive a structured, plain-English breakdown of the factors that may influence XRP price behavior: live market movement, exchange liquidity, regulatory news, analyst narratives, utility signals, and scenario-based forecasts. As of October 15, 2026, XRP was quoted around $1.31, with intraday movement between $1.29 and $1.38, which shows why a disciplined framework matters more than a single confident target.

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XRP coverage can move quickly from data to drama. One week, traders focus on exchange reserves and Binance order-book depth. The next, attention turns to legislation, ETF narratives, Ripple commentary, or extreme multi-year price targets. This product organizes those moving parts into a usable decision-support format.

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This product turns scattered XRP commentary into a clean, repeatable review. Instead of chasing one prediction, you get a framework that can be revisited as the market changes.

FeatureWhat it helps you understandPrice trend summaryWhether XRP is showing momentum, compression, reversal risk, or range-bound behavior.Liquidity watchHow thin exchange liquidity can increase volatility and make sudden moves more likely.Prediction filterHow to assess XRP predictions without assuming an analyst target is reliable.Regulatory trackerWhy votes, enforcement updates, and market-structure bills can affect sentiment.Utility lensHow XRPL use cases, settlement narratives, and bridge-asset claims fit into price discussions.Risk notesWhere uncertainty remains, including leverage, news shocks, and unsupported viral targets.
The prediction filter is especially important. If you search “xrp price prediction 48,” you may find short-term forecasts, 48-hour outlooks, or speculative price targets. This product treats those claims as scenarios to test, not conclusions to copy.

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Many XRP predictions rely on one strong assumption: that a liquidity shock, regulatory win, institutional adoption story, or cycle-wide crypto rally will push price dramatically higher. Other forecasts focus on downside risks, including weak demand, failed breakouts, leverage unwinds, and broad market selloffs. Both can sound convincing when viewed alone.

This analysis helps you compare the assumptions behind each view. For example, if liquidity on Binance is reported at multi-year lows, the useful takeaway is not simply “price rebound.” Thin liquidity can amplify buying pressure, but it can also worsen downside if sellers dominate. Recent reporting has made that caution explicit: low liquidity is not automatically bullish or bearish. (finance.yahoo.com)

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If you are trying to make sense of XRP predictions, liquidity warnings, Senate legislation headlines, or dramatic 2032 targets, this product gives you a calmer way to read the market. Use it to organize the facts, pressure-test the claims, and understand the risk before you act.

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Convert XRP to USD with our live exchange rate calculator.

Bitcoin, Ethereum and XRP are all testing support levels that could decide whether the crypto market recovers or falls further. Ali Martinez says all three could rebound, “but only if these levels hold.” Gareth Soloway’s view of Bitcoin and Ethereum is similar, though he places the trigger points differently.

Bitcoin: Both Watch $81,000

Martinez and Soloway both see $81,000 as the important level for Bitcoin.

Ali Martinez:

$81,000 is the bottom of Bitcoin’s rising channel on the daily chart.If buyers defend it, BTC could move to the middle of the channel at $84,000, then to the top at $86,500.A break below $81,000 would shift his focus to $76,000.Gareth Soloway:

Bitcoin is stuck in a range of about $6,000, between $81,000 and $87,200.It briefly fell to about $79,750 before climbing back above support.A move above $87,200 could take BTC to a rising trendline near $91,000. By late November, that trendline would be near $97,000.A daily close below $81,000 would point to lower prices.Soloway said the bullish structure is intact, though he called the price action “not the healthiest.” He said that Bitcoin has held up despite the slide in AI stocks and the Nasdaq. He currently has no swing position in BTC.

Ethereum: $2,350 Or Sub-$2,000

Ali Martinez:

ETH is testing $2,350, the support line of a right-angled ascending broadening pattern.A bounce from there could take it to $2,700, or as high as $3,000.A daily close below $2,350 would bring $2,000 into focus.Gareth Soloway:

ETH has held its key support but has not yet broken its key resistance.A breakout should lead to a retest of $2,800.A breakdown could send ETH below $2,000, where Soloway said he would be a heavy buyer.XRP: An Inverse Head And Shoulders In The Making

Martinez is watching $1.25 for XRP. On the three-day chart, holding that level could complete the right shoulder of a possible inverse head-and-shoulders pattern, a setup that often comes before a trend reversal.

Confirmation: a sustained close above $1.56Target if confirmed: $2Risk: losing $1.25 would bring $1 into view Story Ends Here

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

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Bitcoin, Ethereum, XRP, Dogecoin Gain as Oil Prices and Treasury Yields Cool: Analyst Says BTC 'Building Bottom,' but Spot Demand 'Still Weak'

5 hours ago

Santiment noted in a post that Dogecoin (DOGE) has a 365-day MVRV ratio of approximately 0.74, indicating holders who bought over the past year are on average sitting on deep unrealized losses. XRP’s 365-day MVRV stands at around 0.92, also showing holders are overall in a loss position. In contrast, Bitcoin (BTC), Ethereum (ETH), and Chainlink (LINK) have 365-day MVRV ratios between 0.97 and 1.04, meaning holders are roughly at break-even overall. Santiment pointed out that a lower MVRV may signal selling pressure is nearly exhausted, forming a historically relatively favorable, low-risk potential opportunity zone; a higher MVRV, meanwhile, may mean rising profit-taking risk. The metric can be used to monitor market participants’ profit and loss status and risk appetite, but it does not guarantee an inevitable price rebound.

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Germany's Sparkasse network has started crypto trading in its banking app via DekaBank, covering Bitcoin, Ether, XRP, Solana and Polygon's POL, with a staggered bank-by-bank rollout.

Germany's Sparkasse banking network has begun rolling out crypto trading inside its banking app, bringing Bitcoin ($BTC), Ether ($ETH, @ethereum), XRP ($XRP, @XRP), Solana ($SOL, @solana) and Polygon's POL token ($POL, @0xPolygon) to customers of Europe's largest banking group by assets.

The service went live on October 19, 2026, but access is not yet nationwide. Each local savings bank must switch it on individually, so only customers of participating institutions can use it for now.

How the Sparkasse crypto service worksThe product is called "Krypto, powered by Deka" and is run by DekaBank, the securities house of the Sparkassen group. According to Bloomberg, the rollout will be gradual over the coming months, and each Sparkasse decides on its own whether to offer it. DekaBank handles trade execution and custody. Customers open a separate crypto account with DekaBank inside the app's investing section, and a securities account is not required.

The fee is reported at €0.99 per order. DekaBank's announcement does not detail other costs such as spreads, according to fund research outlet e-fundresearch. Reporting also says the service is aimed at adult, self-directed investors and that no investment advice is given.

Sparkassen-Finanzgruppe is described as the largest financial services group in Germany and Europe by assets. Crypto assets held through the service are not covered by statutory deposit insurance, BeInCrypto notes.

Rollout pace and regulatory backdropOnly a handful of banks were live at launch. More than 230 institutions have reportedly expressed interest, and 30 to 40 additional banks are expected to join each month. Joachim Schmalzl of the German Savings Banks Association (DSGV) said it is for each savings bank to decide when to start, according to dpa. The association is aiming for a large share of interested banks to be connected in the first half of 2027.

The move marks a reversal for the group. Bloomberg reports that the Sparkassen long rejected crypto offerings and that its bodies recommended against crypto trading about four years ago because of the risks. The shift was justified by customer demand and a changed regulatory framework.

DekaBank received its licence under the EU's Markets in Crypto-Assets rules (MiCA) from Germany's BaFin in 2025, which lets it bundle trading, custody and customer support in one place, according to Bloomberg and e-fundresearch.

Sources:

Bloomberg via Yahoo Finance: Deka startet Bitcoin-Handel nach Sparkassen-Richtungsschwenke-fundresearch: DekaBank startet Kryptohandel fuer Sparkassen-Kunden

Major altcoins XRP, Shiba Inu (SHIB), Solana (SOL), and Tron (TRX) continue to face pressure as they trade around critical support and resistance levels, with recent price action highlighting persistent negative momentum across the sector.

XRP hovers beneath major resistanceXRP is currently priced at $1.29 following a steady decline through October. After surging in August from the $1 mark to a high near $1.70, XRP experienced a failed push in September, stalling near $1.65 before entering a prolonged downtrend.

The token now sits below both the black 200-day moving average at $1.375 and the orange average at $1.335, which are providing significant resistance. Additional moving averages between $1.38 and $1.41 further reinforce a challenging recovery path for buyers.

Immediate support lies at the recent $1.25 low, where buyers intervened last week. If this level fails, downside targets include $1.15 and $1.07, a price range that previously acted as a floor during the summer months.

XRP faces stacked resistance from multiple moving averages, making any rapid recovery difficult. The $1.25 support level remains pivotal for its next move.

Trading volume has eased, with neither sellers nor buyers showing conviction. The Relative Strength Index (RSI) is near 40, indicating weak momentum but showing potential for a short-term rebound. Bulls are now eyeing a resurgence above $1.335 and then $1.375. A close above the 200-day average could mark the end of the decline, while a drop below $1.25 may sharpen losses.

CoinCurrent PriceMajor ResistanceMajor SupportXRP$1.29$1.335, $1.375$1.25SHIB$0.00000499$0.00000520, $0.00000545$0.00000480SOL$104.43$108, $109$98, $100TRX$0.3314$0.333, $0.334$0.3285Shiba Inu struggles at key supportShiba Inu is changing hands at $0.00000499, testing the round $0.000005 mark. The token fell from its September peak near $0.00000625, with every attempt at recovery halted by the black 200-day moving average at $0.00000560.

Since early October, SHIB has slipped under a cluster of downward-sloping moving averages, now found between $0.00000526 and $0.00000545. This cluster represents a firm resistance zone for any potential rally.

Support is established at $0.00000480, which recently prompted two rebounds. If breached, the next significant levels are $0.00000440 and then the July low at $0.00000405. SHIB’s momentum remains negative, reflected in the low volume and an RSI also near 40. A daily close below $0.00000480 would likely signal further downside.

Tron trades in a narrow rangeTRX is currently trading at $0.3314 after declining from its late May peak near $0.375. Since then, the token has oscillated between $0.32 and $0.35, pointing to a prolonged period of consolidation.

Both the orange and blue moving averages, positioned around $0.333 to $0.334, are serving as resistance. The price currently sits just below these lines, with shorter-term averages also capping upswings. The key support is the black 200-day moving average at $0.3285, a threshold that recently triggered buyer interest.

If $0.3285 breaks, TRX may retreat to $0.320 and then the June low at $0.315. The RSI, at about 45, suggests a neutral stance, while falling volume underscores the lack of decisive action by either side. TRX remains rangebound, awaiting a clear directional move.

Mini dictionary: Tron (TRX), a blockchain-based decentralized platform, focuses on enabling content sharing and applications through smart contracts. Founded by Justin Sun, Tron aims to build infrastructure for a truly decentralized internet.

Solana buyers defend critical levelsSolana is priced at $104.43, having quickly retreated from its recent high near $125. After rallying from around $75 in August to a September peak well above $110, bearish pressure has since dominated.

The recent drop pushed SOL below the green and blue moving averages at $109 and $106. These resistance levels have kept the price capped during multiple bounce attempts. The $100 area, reinforced by the orange moving average and the black 200-day average at $98, serves as immediate support. Last week, SOL’s dip to the $100 region drew buyers.

A close below $98 could start a move toward $92 and $88, while a rebound above $108 would suggest stronger buyer momentum. The overall trend remains up in the longer term, supported by rising moving averages, but the short-term outlook remains cautious as momentum indicators hover near oversold levels.

Solana trades near strong support at $98 to $100, following a sharp correction from September highs. Ongoing attempts to regain momentum have so far stalled below $108.

Large holders of XRP, commonly referred to as whales, made a notable shift in strategy after the asset’s price pulled back from $1.70 to approximately $1.30. This adjustment led to the lowest withdrawal volumes seen in five years, as investors with million-dollar XRP holdings nearly stopped removing tokens for long-term storage and instead began moving significant amounts to trading platforms.

Withdrawal volumes hit record lowData from CryptoQuant indicated that XRP withdrawal volume from Binance dropped to just $49.7 million per day, marking a level that had not been recorded since October 2021. For comparison, when the XRP price hovered around $3.30 in February 2025, investors were withdrawing approximately $3.5 billion daily.

DateXRP PriceDaily WithdrawalsFeb 2025$3.30$3.5 billionOct 2021Near $1.00$49.7 millionCurrent$1.30$49.7 millionThe decrease in withdrawal volume signals a pause in long-term accumulation, as larger market participants seem to be adopting a wait-and-see approach rather than building their positions.

Exchange reserves grow, sellers or liquidity?Over the last 30 days, Binance received 1.669 billion XRP in new deposits, reaching a seven-month high. Cumulatively, major exchanges accepted a total of 6.05 billion XRP throughout the month—the strongest inflow since March and nearly double the volume seen in mid-August.

While increased deposits are often interpreted as a sign of impending sell-offs, analysts cautioned that not all of these coins are destined for the market order book. Portions of these inflows could be allocated to provide liquidity in the futures market or deployed for internal strategies by the platforms.

Large deposits on exchanges might raise concerns about selling pressure, but much of this liquidity supports market operations like derivatives and does not automatically translate to downward price action.

On October 20, blockchain records showed a single large transfer as a wallet containing about 300 million XRP, accumulated at an average price of around $2 in late 2025, moved 82.3 million XRP—valued near $106–107 million—to a fresh address.

The originating wallet retained more than 140 million XRP after the transaction. With no direct links to known exchange addresses and no subsequent movements, analysts suggested that this activity likely represented internal portfolio rebalancing rather than a sale.

Mini dictionary: CryptoQuant, a blockchain data analytics provider specializing in exchange flows, reserve levels, and other key on-chain metrics for major digital assets.

ETF inflows remain steadyIn the background, demand for XRP is being supported by investment funds. Net inflows to US spot XRP exchange-traded funds (ETFs) have reached $1.8 billion, helping anchor the token’s price and providing a counterweight to potential exchange speculation.

The balance between increased liquidity on exchanges and persistent ETF demand suggests the market is waiting for a new catalyst while standing at a multi-month high for freely tradable XRP.

Although on-chain trends do not provide a clear indicator of where the XRP price is heading next, the substantial rise in available exchange liquidity shows that the market is positioned for increased activity and ready to break the current period of calm.

Crypto analyst KepMatrix has urged $XRP investors to focus on achievable price milestones, stating that attention should remain on whether the token can realistically climb to $10 before setting their sights on higher levels such as $100 or $1,000.

KepMatrix urges realistic price expectations for XRPSharing his views on the social media platform X, KepMatrix stated that breaking the $10 mark would serve as a key progress indicator for XRP, underscoring that higher price forecasts remain speculative unless foundational growth occurs first.

He emphasized that while some investors discuss triple- or quadruple-digit targets for XRP, these scenarios hinge on substantial increases in real-world adoption and utility, which he considers unlikely in the immediate future.

KepMatrix argued that the current pace of development does not justify expectations for significant price surges and cautioned against assuming high valuations are inevitable without evidence of expanding use cases.

The analyst maintains that unless XRP can first cross $10, there is no logical reason for investors to expect the token to reach $100 or $1,000, calling for a step-by-step approach guided by measurable progress.

Discussing token burning, KepMatrix dismissed the idea that XRP’s built-in burn mechanism could meaningfully reduce supply in the near or medium term. He observed that even with ongoing transactions on the XRP Ledger, the rate of token destruction is too slow to significantly impact overall supply for tens of thousands of years.

Instead, he called for a focus on demand and adoption, highlighting that true price appreciation depends on increasing utility rather than relying solely on supply reductions.

Debate among XRP investorsKepMatrix’s viewpoint sparked discussion within the XRP community. Some members, such as Solxhin, countered that initial stages of adoption and shifting expectations could help XRP reach new highs, even if major real-world usage is still developing.

Others, like Deoland589, acknowledged the significance of the $10 threshold, suggesting that reaching this milestone could open the door to further gains. While many in the community remain skeptical of predictions above $10, this commenter proposed that market sentiment and expectations might evolve over time.

A more cautious stance emerged from users like XRP 002, who pointed out the need to monitor whether XRP maintains a sustained upward trajectory, rather than focusing solely on specific price targets.

Real-world adoption and infrastructure progressKepMatrix linked his argument to the gradual rollout of physical artificial intelligence centers, noting that increased deployment of real-world infrastructure could take several more years before supporting broad-scale adoption envisioned by some XRP advocates.

He cited the current pace of AI infrastructure growth as insufficient for rapid near-term gains, arguing instead for a patient, long-term outlook among holders.

He reiterated that ambitious predictions for XRP’s price should be supported by measurable on-chain adoption and utilization, rather than speculative market sentiment.

For investors tracking critical technical indicators such as contracting patterns or key resistance levels, the ability to streamline research and monitor developments on a single platform has become increasingly important. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, jumping between different apps for charts, news, and portfolio tracking is costing investors money. Smart traders are now utilizing privacy-first tools like CryptoAppsy to consolidate everything. Without even the hassle of creating an account, you get real-time charts, smart price alerts, coin-specific news, and critical macro data all on one screen.

KepMatrix encouraged the community to distinguish aspirational price forecasts from developments grounded in the current state of adoption and infrastructure, urging investors to approach $XRP as a long-term holding and to avoid speculative expectations unsupported by market fundamentals.

XRP returned to the spotlight after on-chain data revealed a sharp surge in transaction volume on the XRP Ledger. According to analytics shared by crypto market analyst Ali Martinez, the total dollar value of coins transferred reached $49.70 billion during a single night, marking an exceptional increase compared to previous days.

Transaction volume surges to multibillion dollar levelsMartinez presented a bar chart with data from blockchain analytics firm Santiment, highlighting five consecutive daily intervals. For most of the week, transaction volume remained near the baseline, but on the most recent day, volume spiked to $49.66 billion. This dramatic rise coincided with XRP prices trading close to $1.25.

Martinez pointed to the timing, emphasizing that the largest burst of on-chain activity occurred as XRP price was testing the key $1.25 support, suggesting significant market engagement at this level.

The data also shows that this jump was not part of a slow build-up, but appeared suddenly, concentrating an unusual amount of activity within a very short window. Analysts often interpret such sharp increases at significant chart levels as early signals for a shift in price momentum.

$1.25 emerges as key supportAli Martinez identified $1.25 as a crucial support level for XRP. He suggested that the confluence of heavy transaction volume and a rebound at this price is noteworthy, stating it could mark a potential bottom.

Surging on-chain activity at $1.25 support provides evidence that buyers are defending this level, according to Martinez.

Analysts typically interpret high transaction volume at support levels as a sign that market participants are absorbing sell pressure and showing demand. This often reflects traders positioning for a significant move, especially when previous sessions have seen lower activity.

On-chain activity provides a reference pointOn-chain volume is a direct measurement of actual transactions executed on the XRP Ledger, a decentralized blockchain network facilitating real-time asset transfers. Nearly $50 billion in value moving through the network overnight stands out as a rare event, further confirming heightened activity around key technical levels.

The timing of this spike, as highlighted in the Santiment chart, provides analysts with a clear point of reference to watch for further price developments.

Mini dictionary: Santiment is a blockchain analytics platform that tracks on-chain and social data to provide insights on transaction volumes, network activity, and investor sentiment for a wide range of cryptocurrencies.

DateTransaction VolumeXRP Price LevelPrevious 4 daysNear baselineAbout $1.25Most recent night$49.70 billion$1.25Bullish outlook tied to holding supportMartinez outlined that as long as $1.25 remains intact as support, XRP could be poised for a rally towards the $2 mark. He concluded that “the bottom is in,” but cautioned that price stability above $1.25 is critical for this bullish scenario.

This anticipated rally would be significant relative to current pricing, with the sustainability of this support zone considered an important factor in determining XRP’s next move.

XRP (CRYPTO: XRP) whale outflows on Binance have plunged to their lowest level since October 2021, signaling weakening institutional-sized buying activity.

Outflows dropped to a 90-day moving average of just $49.7 million, marking a rough 99% decline from the $3.5 billion recorded in February 202 when prices peaked at $3.30.

During that period, whale outflows frequently exceeded $10 billion daily, reflecting substantial large-holder activity.

Whale participation has steadily declined as XRP prices retreated from their highs.

The data suggests major investors may be waiting for more attractive entry points before resuming accumulation.

Why Are XRP Whales Sidelined?CryptoQuant noted that XRP has demonstrated relative resilience throughout the bear market, potentially preventing whales from finding attractive accumulation opportunities.

During the 2022 and 2023 downturns, lower prices attracted substantial whale buying activity.

However, similar accumulation patterns have yet to emerge in the current cycle.

The decline in whale outflows suggests weakening demand from large investors, potentially limiting XRP’s ability to sustain a strong recovery.

Could Declining Whale Activity Signal A Bottom?Historically, periods of extremely low trading activity and investor interest have sometimes preceded major trend reversals.

While the absence of whale accumulation could weigh on XRP’s longer-term outlook, exceptionally low activity may also signal fading selling pressure and market exhaustion.

A sustained recovery in whale outflows could indicate renewed accumulation and provide stronger support for XRP’s next bullish move.

Image: Shutterstock

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Crypto analyst EGRAG CRYPTO has highlighted a weekly XRP chart that suggests the digital asset may target a price between $7 and $9 in the current cycle. EGRAG CRYPTO, known for his technical breakdowns of major cryptocurrencies, based his forecast on a fractal pattern inspired by the historical price moves of Bitcoin.

The 77-day fractal structureAccording to the analysis, XRP traded within a falling wedge for over a year before breaking above the upper trendline in late August. This breakout triggered an 11-bar, 77-day period of price consolidation, which the analyst continues to monitor. EGRAG CRYPTO has stated that this consolidation mirrors a fractal pattern previously observed in Bitcoin.

The ongoing fractal structure remains on track after 77 days, with the pattern showing limited deviation. EGRAG CRYPTO has revisited this setup multiple times in his public posts, consistently noting its validity over time.

Each time he shares the BTC-inspired fractal, the structure has continued to hold after 77 days, supporting his projection for significant upside in XRP if the pattern persists.

On his latest chart, EGRAG CRYPTO identified Fibonacci extension levels as critical targets for XRP’s upward move. The 1.272 extension is placed at $5.24, the 1.414 extension at $6.32, and the 1.618 extension at $8.26. The $7–$9 range for a potential cycle high aligns with these upper Fibonacci levels, indicating a possible roadmap if similar historical trends repeat.

Mini dictionary: Fractal pattern – In technical analysis, a fractal pattern is a recurring geometric figure or price structure that can repeat at different scales, often used by traders to predict potential future price action by referencing past similar market behavior.

Short-term and long-term targetsEGRAG CRYPTO has outlined key price milestones for XRP to reach before approaching the projected cycle top. The analyst first expects the asset to move into the $1.80–$2 range, a level not seen since early 2026. He noted that reclaiming $2 would reinforce his conviction in the larger pattern.

Following this move, the analyst anticipates a corrective phase, predicting a potential retracement toward $1.50. He emphasizes that this would be a normal part of the fractal’s progression rather than a breakdown signal. Should this correction occur, XRP could then gear up for another leg higher, with $5.24 marked as the next significant resistance point.

Price LevelSignificance$1.80–$2.00Initial target to confirm pattern$1.50Anticipated correction$5.24Fibonacci 1.272 resistance$6.32Fibonacci 1.414 resistance$7–$9Projected cycle highMarket outlook and analyst perspectiveWhile the $7–$9 target is significant, EGRAG CRYPTO frames it as specific to the current market cycle. He clarified that a three to six-month correction is possible before any sustained rally toward these levels, potentially extending the timeline for a cycle top.

He also distinguishes this forecast from higher long-term macro predictions, stating that achieving the $7–$9 range “would already be an excellent XRP cycle.” EGRAG CRYPTO’s projections are based solely on observed market behavior and technical analysis methods.

“$7–$9 would already be an excellent XRP cycle,” EGRAG CRYPTO commented, noting the importance of remaining focused on realistic cycle outcomes versus speculative targets.

Bitcoin has pulled back to $82,428 after climbing toward $83,000, while XRP continues to lag behind at $1.32. With the Federal Reserve’s October 28 interest rate decision approaching, investors are trying to determine whether the recent crypto market rebound can last. Rising tensions in the Middle East and volatility in oil prices are also drawing attention.

Can Bitcoin continue its recovery? Why is XRP underperforming, and are current prices offering a buying opportunity? The answers may depend on upcoming economic data and developments that could shape the market over the next several days. Meanwhile, as major cryptocurrencies search for direction, MemeToro $MT, an AI-powered meme coin launchpad built on BNB Chain, is attracting attention as its presale enters Stage 9 at $0.00649 per token.

Key developments in the crypto marketBitcoin: Trading at $82,428, approximately 34.6% below its all-time high of $126,080.XRP: Trading at $1.32. A 13-week streak of inflows into US XRP ETFs has ended, while Ripple‘s next escrow release is approaching on November 1.Fed and global developments: The Federal Reserve will announce its interest rate decision on October 28. Meanwhile, tensions involving Iran continue, with Brent crude closing at $108.79 per barrel.MemeToro presale: The $MT token is priced at $0.00649 in Stage 9. Its token contract has undergone three security audits, and a free testnet allows users to explore the platform before committing funds.Why is Bitcoin recovering? Three key developmentsBitcoin has started to recover after suffering substantial losses during the first half of October. According to Caleb & Brown and Bitcoin.com, Bitcoin fell below $83,000 on October 8 and dropped as low as $80,117 on October 15. After touching $80,595 on Sunday, the cryptocurrency rebounded and tested $83,000 again. Earlier in October, Bitcoin had traded as high as $87,300.

Three developments have supported the latest recovery: encouraging economic data from China, lower oil prices, and renewed inflows into Bitcoin ETFs.

According to an October 19 report from CoinDesk, China’s economy grew 4.5% in the third quarter, above the previous 4.3% reading. Retail sales also increased 1.1%, exceeding expectations of 0.5%. Nasdaq futures rose more than 1% following the positive economic data.

Lower oil prices also helped ease inflation concerns. Persistent inflation remains one of the main obstacles preventing the Federal Reserve from cutting interest rates.

However, the most notable development came from the ETF market. According to figures reported by KuCoin News, US spot Bitcoin ETFs recorded $526.7 million in net inflows on October 19. BlackRock’s IBIT fund alone attracted $665.2 million. Bitcoin.com reported that the same funds had experienced approximately $228.6 million in net outflows the previous week.

Despite these positive developments, it is still too early to conclude that Bitcoin has entered a sustained uptrend. Glassnode noted on October 19 that spot market and ETF demand had previously been insufficient to support a stronger recovery. Bitcoin initially failed to hold above $83,000, retreating to approximately $82,069 before the latest ETF figures were released.

How could oil prices and tensions with Iran affect the market?Fresh statements on October 20 suggest that geopolitical developments and oil prices will remain important factors for financial markets in the coming days.

Brent crude futures settled at $108.79 per barrel, down $0.76, or 0.69%. Although the daily decline offered some relief from inflation concerns, tensions involving Iran continue to create uncertainty in the oil market.

US Secretary of State Marco Rubio described Iran’s actions against commercial shipping as unprecedented since World War II. Rubio also said reaching an agreement with Iran would be extremely difficult because hardliners remain in control of the country.

President Donald Trump said he would make the final decision on how to proceed regarding Iran. He also declined to reveal the details of a conversation between Defense Secretary Pete Hegseth and Israeli Prime Minister Benjamin Netanyahu.

Trump’s comments on the war in Ukraine, meanwhile, suggested that diplomatic efforts remain underway. He said Ukraine should bring the war to an end and that Washington wanted President Volodymyr Zelenskyy to reach an agreement. Trump also claimed Russia was interested in ending the conflict following the latest discussions.

On the economy, Trump struck a more optimistic tone, saying the United States would see stronger growth this year and that his administration would take a firm approach to the budget. Meanwhile, CBC reported that a trade agreement between the United States and Canada was not expected before the midterm elections.

The impact of these developments on Bitcoin remains uncertain. However, another increase in oil prices could revive inflation concerns, potentially influencing cryptocurrency markets through expectations surrounding Federal Reserve policy.

Bitcoin price prediction: Which levels matter?With Bitcoin currently trading around $82,428, the $83,000 level stands out as the first major resistance that buyers need to overcome.

A sustained move above that level could bring the $84,400–$85,000 range into focus. The next significant target would be the early-October high near $87,300.

On the downside, the $80,000–$82,000 range remains important. According to KuCoin News, QCP Capital considers this area a potential buying zone. The 50-day moving average, which FXStreet places near $80,625, also falls within this range.

If Bitcoin loses this support area, the price could retreat toward $78,500–$80,000.

To revisit its all-time high of $126,080, Bitcoin would need to rise approximately 53% from its current price. Whether that happens will depend largely on sustained ETF demand and broader macroeconomic conditions.

Why is XRP lagging behind Bitcoin?While Bitcoin has retested $83,000, XRP has struggled to recover at the same pace. Currently trading at $1.32, XRP remains approximately 63.8% below its all-time high of $3.65.

According to crypto.news and XRP Insights, XRP lost approximately 7% during the seven days leading up to October 19. Several factors have contributed to its weaker performance relative to Bitcoin, including declining ETF demand, increasing circulating supply, and an approaching token unlock.

XRP ETFs end a 13-week inflow streakAccording to SoSoValue data cited by crypto.news and Coin-Turk, US spot XRP ETFs recorded approximately $1.84 million in net outflows during the week ending October 16.

The outflows ended a 13-week streak of consecutive inflows.

Although the amount was relatively small, the development attracted attention because ETFs have been an important source of demand for XRP. The funds hold approximately $1.47 billion in assets and have attracted close to $1.8 billion in cumulative net inflows since their launch.

Ripple’s November 1 escrow release approachesAnother factor weighing on XRP is the upcoming release of tokens from Ripple’s escrow accounts.

According to XRP Insights, Ripple held 31.40 billion XRP in escrow as of October 17. At 00:00 UTC on Sunday, November 1, up to 1 billion XRP could become eligible for release.

However, not all released tokens necessarily enter circulation. FinanceFeeds reported that approximately 70% of XRP released over the previous 12 months was subsequently locked back into escrow. Therefore, the 1 billion XRP figure does not mean that the same amount will automatically enter the market.

Nevertheless, investors are closely watching the date because of the potential increase in available supply.

Longer-term supply data also raises questions. According to an October 16 CoinDesk report citing Nansen, XRP’s circulating supply has increased 63% since 2017, while its total market capitalization has declined approximately 3%.

Figures provided by Oliver Carding of Tesseract Group show that XRP has lost approximately 59% of its value since August 2025. Over the same period, Bitcoin declined 32% and Ethereum fell 44%.

XRP balances on exchanges are risingAccording to CryptoQuant data reported by crypto.news, XRP balances on exchanges reached 11.81 billion tokens on October 17. That figure ranks among the highest 1% of readings recorded over the past year.

An increase in exchange balances may indicate that more XRP is readily available for sale, although it does not necessarily mean that holders intend to sell.

Activity in the derivatives market has also declined. Open interest in XRP on Binance fell approximately 16%, from $538.1 million on October 4 to $453 million on October 17. Meanwhile, the Relative Strength Index (RSI) stands around 38–39.

Ripple’s business expansion does not always translate directly into additional demand for XRP. On October 15, Ripple Prime began offering perpetual futures contracts linked to more than 100 reference assets. However, as CryptoTicker pointed out, these products use RLUSD as collateral, while XRP serves neither as collateral nor as a settlement asset.

Although RLUSD supply has reached approximately $2.43 billion, growth in the stablecoin does not necessarily require users to purchase XRP.

XRP price prediction: Why is $1.25 critical?With XRP currently trading at $1.32, the first important support level is $1.28, which also corresponds to its 200-day moving average.

The next support stands at $1.25. According to crypto.news, analyst Ali Martinez considers this level crucial and warns that a breakdown could send XRP back toward $1.

On the upside, initial resistance lies between $1.34 and $1.38. TradingNews and FXStreet identify $1.50, where XRP encountered selling pressure in early October, as the next major obstacle.

Martinez believes that a sustained close above $1.56 could open the way toward $2.

For XRP to revisit its all-time high of $3.65, it would need to rise approximately 177% from its current price.

Compared with Bitcoin, XRP faces a longer recovery. Renewed Bitcoin ETF inflows and the cryptocurrency’s deeper liquidity currently give it an advantage. XRP, meanwhile, retains its role within the payments ecosystem but needs fresh catalysts to support a stronger price recovery.

What should crypto investors watch in the coming days?The Federal Reserve meeting on October 27–28 is likely to be one of the most important upcoming events for the cryptocurrency market.

In a Reuters survey, 94 out of 100 economists expected the Fed to leave its policy rate unchanged at 3.75%–4.00%. According to KuCoin News and Caleb & Brown, CME FedWatch data places the probability of a rate increase at approximately 15%.

Inflation reaching 3.7% in September, combined with the US 10-year Treasury yield remaining above 5%, suggests that pressure on the Fed has not disappeared. Persistently high inflation could revive discussions about a possible rate increase in December.

The Fed decision will be followed by US PCE inflation data on October 29. Coinpedia identifies this release as another potentially important factor for interest rate expectations.

Three additional dates stand out in November.

November 1: Ripple’s next escrow window opens, potentially allowing another XRP token release.

November 3: The United States holds its midterm elections. According to Caleb & Brown, the CLARITY Act, which aims to establish a regulatory framework for cryptocurrency markets, stalled following a 49–50 Senate vote on September 15. Congress subsequently went into recess until after the elections.

November 11: MSCI is expected to publish a list related to proposed rules that could result in companies such as Strategy being removed from certain indexes.

Ahead of the Fed decision, Bitcoin’s ability to break above $83,000 and XRP’s ability to defend the $1.28–$1.25 support area will be important indicators of the market’s near-term direction.

MemeToro: AI-powered meme coin launchpad reaches Stage 9As major cryptocurrencies such as Bitcoin and XRP struggle to establish a clear direction, early-stage projects are also attracting investor interest. One of them is MemeToro $MT, an AI-powered platform being developed on BNB Chain.

MemeToro is more than a standalone meme coin. It is designed as a platform where users can create new meme coin projects and raise funding for them. Its native token, $MT, is being offered through a staged presale, which has now reached Stage 9 at $0.00649 per token.

How does MemeToro work?MemeToro is developing a system that combines artificial intelligence with smart contracts.

Its AI monitors news and current trends on X to generate new meme coin concepts. It then explains the reasoning behind each idea and prepares a structured file defining the project’s launch conditions.

Those conditions are enforced through a smart contract called FairLaunchEscrow. As a result, the AI does not directly control user funds. Transactions are executed according to predetermined rules.

The project’s source code is publicly available under an MIT license at https://github.com/MemeToro/memetoro. The GitHub repository includes the AI component, launch file format, escrow contract, and automated tests.

The MemeToro team describes the current software as an early minimum viable product (MVP). The complete platform remains under development, with infrastructure work reportedly being carried out in collaboration with Web3 security company Coinsult.

$MT token price and supply distributionThe Stage 9 presale price is set at $0.00649 per $MT token. Each stage has a separate fundraising target, and once that target is reached, the next stage begins at a higher price.

The total supply is capped at 1.2 billion $MT tokens. According to the distribution published at https://memetoro.com/tokenomics, the allocation is as follows:

Public sale: 852 million $MT (71%)Exchange reserves: 120 million $MT (10%)Marketing partner: 90.72 million $MT (7.56%)MemeToro trading: 60 million $MT (5%)Rewards: 53.28 million $MT (4.44%)Team: 24 million $MT (2%)Tokens allocated to the marketing partner are subject to a 24-month vesting schedule. Tokens purchased during the presale, however, are not locked, meaning buyers gain access to their tokens after purchase.

$MT operates on BNB Smart Chain. Its contract address is 0x44412181b7eb66bff974c0a9a9e908e5bba8cfff and can be verified through a blockchain explorer.

Participants can join the presale using a cryptocurrency wallet or by paying with a card.

What is the status of MemeToro’s security audits?The $MT token contract has undergone three separate security audits conducted by Coinsult, SolidProof, and BlockSAFU.

However, because Coinsult is also involved in developing the platform’s infrastructure, investors should examine the contents of all three reports rather than relying solely on the number of audits.

According to the project’s own GitHub documentation, the launch contracts, including FairLaunchEscrow, have not yet undergone independent security audits. The team plans to complete these reviews before the system enters full production.

The MemeToro team operates under pseudonyms, and the founders’ real identities have not been disclosed. Publicly available source code, independent audits, and published contract terms are therefore particularly important when evaluating the project.

Users can test the platform without spending real moneyOne of MemeToro’s notable features is its test environment, which allows users to explore the platform without risking real funds.

The environment runs on the BNB testnet and uses tBNB tokens, which have no monetary value. Users can practice depositing and withdrawing funds through a process similar to the one intended for the live platform.

To get started, users switch their wallets to the BNB Smart Chain testnet, obtain free tBNB from a faucet, and open the relevant fundraising round at https://memetoro.com/memecoin. They can then repeat the deposit and withdrawal process as often as they wish.

This feature allows users unfamiliar with cryptocurrency presales to understand how the platform works before committing real money.

Why is MemeToro attracting attention?Meme coins continue to be one of the most closely followed segments of the cryptocurrency market. MemeToro aims to combine that interest with artificial intelligence, open-source development, and predefined smart contract rules.

Among the project’s highlighted features are the allocation of 71% of the total token supply to the public sale, a team allocation limited to 2%, no lockup period for presale tokens, support for more than 16 languages, and card payment options.

The availability of a working testnet also allows users to examine the platform in advance. However, the fact that the main platform remains under development and certain smart contracts have not yet undergone independent audits represents risks that prospective participants should consider.

How to participate in MemeToro’s Stage 9 presaleAnyone interested in participating should first visit the official website at https://memetoro.com/ and carefully verify the website address.

Participants can then connect a wallet on BNB Smart Chain or choose to pay by card. Before making a payment, they should compare the token contract address with the official address and review the Stage 9 price of $0.00649 along with the presale terms.

After purchasing, users can add the contract address to their wallets to display their $MT tokens. Participants are also responsible for complying with applicable laws in their jurisdictions.

Because each presale stage has a different price, the $0.00649 rate will remain available only while Stage 9 is open.

Is now a good time to buy cryptocurrency?The recent crypto market rebound does not mean that every asset is recovering at the same pace.

Bitcoin is attempting to overcome resistance at $83,000, while XRP continues to trade near important support levels. Renewed inflows into Bitcoin ETFs are encouraging, but it remains unclear whether they will develop into sustained demand.

The Federal Reserve’s October 28 decision, upcoming US inflation data, and tensions involving Iran could also change the market’s direction in the short term.

Some analysts consider the $80,000–$82,000 range a potential buying zone for Bitcoin, while others want to see stronger ETF inflows before expecting further gains.

For investors looking to buy during market declines, spreading purchases over time, avoiding borrowed funds, and limiting investments to amounts they can afford to lose may help manage risk.

Bitcoin, XRP, and MemeToro also represent very different opportunities. Bitcoin’s high liquidity allows it to play a leading role in setting the broader market’s direction. XRP is influenced by developments in its payments ecosystem and changes in token supply. MemeToro, meanwhile, is an early-stage project with publicly available source code and a staged token sale, but its platform remains under development.

Whether current prices represent a buying opportunity therefore depends not only on how far an asset has fallen, but also on an investor’s time horizon and willingness to take risks.

In the near term, a break above $83,000 will be important for Bitcoin, while XRP needs to defend the $1.25–$1.28 support zone. If neither cryptocurrency makes a decisive move before the Fed meeting, it could indicate that the market is waiting for further economic developments before choosing its next direction.

Where to learn more about MemeToro ($MT)Official website: https://memetoro.com/

GitHub: https://github.com/MemeToro/memetoro

Tokenomics: https://memetoro.com/tokenomics

X: https://x.com/memetoro_mt

Telegram: https://t.me/memetoro_mt

YouTube: https://www.youtube.com/watch?v=gY0jgWy_DtA

Popular cryptocurrency trading platform Uphold has announced that Evernorth Holdings (XRPN), a publicly traded company backed by a massive XRP treasury, is now available for trading on its platform.

In a recent post on X, Uphold announced the new stock listing, describing XRPN as "the public stock backed by a corporate XRP treasury."

The platform confirmed that investors can now purchase fractional shares of Evernorth through the Uphold app.

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"New stock listing: $XRPN," Uphold wrote, directing users to its mobile application.

According to the announcement, securities are offered through Uphold Securities Inc., a registered broker-dealer and member of FINRA and SIPC. The shares are custodied by Apex Clearing Corporation.

The addition gives eligible Uphold users another way to gain exposure to the XRP ecosystem without purchasing the cryptocurrency directly.

Unlike XRP itself, XRPN represents equity ownership in Evernorth, meaning its performance depends on the company's valuation, treasury management and broader market conditions.

Evernorth's massive 473 million XRP treasuryThe announcement comes shortly after Evernorth made its highly anticipated Nasdaq debut under the XRPN ticker on October 12.

The company completed its business combination with Armada Acquisition Corp. II on October 9, entering public markets with approximately 473 million XRP and roughly $300 million in gross cash proceeds before transaction expenses.

The transaction established Evernorth as one of the largest publicly traded corporate holders of XRP.

The company is led by former Ripple executive Asheesh Birla and counts Ripple, SBI Group, Kraken, Pantera Capital and other prominent cryptocurrency industry players among its investors.

However, Evernorth does not intend to simply hold XRP on its balance sheet.

On October 14, the company announced partnerships with Ripple, Kraken, Coinbase and BitGo to help deploy its enormous XRP treasury into institutional strategies beginning in the fourth quarter of 2026.

Its longer-term strategy involves generating returns through institutional lending, decentralized finance opportunities and other activities designed to increase the amount of XRP backing each share.

The Uphold listing represents another distribution milestone for the newly public company, making its shares accessible through a platform already closely associated with XRP trading.

However, investing in XRPN is not equivalent to holding XRP directly. In addition to fluctuations in the cryptocurrency's price, shareholders face risks associated with Evernorth's business operations and its active treasury strategies.