XRP price is doing very little right now. The token is trading around $1.49-$1.50, and after the recent volatility across the crypto market, the current price action almost looks boring.
That is exactly why a new chart from trader Ray (@moonbag) stands out.
Ray does not post about XRP particularly often, but his latest update is straightforward: he believes XRP is going to “pump hard.” More importantly, the chart attached to that view lays out a path that looks far more grounded than some of the extreme XRP targets that regularly circulate online.
His first major target sits around $2.60, followed by a much larger move toward $4.00 if XRP can finally escape the range that has contained price for months.
At the same time, XRP has some very different forces pulling on it. The fallout from the recent Bitget hack has left tens of millions of dollars worth of stolen XRP in attacker-controlled wallets, while Ripple continues expanding deeper into corporate treasury and cross-border payments.
XRP Is Sitting Right Below an Important Resistance Zone
Ray’s chart uses the three-day XRP/USDT timeframe, and the broader structure is easy to see.
XRP spent much of the second half of 2025 and early 2026 inside a long descending channel. Price eventually escaped that structure and moved into a much flatter trading range.
Since roughly June, the chart shows XRP repeatedly holding a broad support area around $1.00-$1.20, while sellers have continued to appear around $1.55-$1.70.
XRP is now trading near $1.50, which puts it right underneath that upper zone.
Source: X/@moonbag
That makes the current area far more important than the lack of day-to-day movement might imply.
A clean move through roughly $1.60-$1.70 would take the XRP price beyond a resistance area that has capped several attempts higher. If buyers cannot do that, the token could simply remain trapped inside the same range.
Ray clearly expects the former.
His message was brief:
“XRP is going to make some people upset when it pumps hard.”
The chart places $2.60 as the first larger upside objective and $4 farther above it.
Why the $2.60 XRP Target Looks Reasonable on This Chart
The $2.60 level is interesting because it does not require XRP to immediately revisit its previous highs.
A move from roughly $1.50 to $2.60 would represent an increase of around 73%.
That is substantial, but XRP has already shown that it can make moves of that size when momentum returns. More importantly, $2.60 also sits inside a price region XRP traded around during its previous decline.
That gives the target some technical context rather than making it an arbitrary round number.
The larger $4 target is a different proposition.
From $1.50, XRP would need to rise roughly 167% to reach $4. That would take price beyond the major highs visible on Ray’s chart and require a much broader change in market conditions.
So I would separate the two targets.
The move toward $2.60 becomes much easier to take seriously if XRP clears the current resistance range. The $4 target would probably require another leg of sustained market-wide risk appetite after that.
For now, $1.60-$1.70 is the level that decides whether Ray’s idea starts becoming relevant at all.
Bitget Hacker Still Controls Around $75 Million in XRP
There is also an immediate risk hanging over the market.
Bitget suffered a major security breach on September 24, with the exchange later putting the total value of assets transferred to attacker-controlled addresses at approximately $387.5 million.
XRP represented a meaningful portion of that theft.
Nearly 103 million XRP was initially moved into five accounts. By September 26, roughly 54 million XRP worth about $83 million had already left the original holding wallets, while approximately 49 million XRP worth around $75 million remained.
There is an important detail here.
Native XRP cannot simply be frozen by Ripple.
The XRP Ledger allows issuers to place freeze controls on tokens they issue, but XRP itself is the native asset of the network. Ripple therefore has no built-in mechanism that lets it stop those attacker-controlled XRP wallets from sending funds. Centralized exchanges can still block or restrict stolen funds once they arrive on accounts under their control.
That is very different from centralized stablecoins. Tether and Circle were able to freeze roughly $320,000 in related USDT and USDC because those assets include issuer-controlled blacklist functionality.
For XRP price, the concern is fairly obvious.
The remaining tokens do not automatically become sell pressure simply because an attacker controls them, and the transfers so far do not prove the XRP has been sold. But traders still have to account for the possibility that some of that supply eventually reaches the market.
That could make a move through the current resistance area more difficult in the short term.
Ripple Keeps Expanding Into Corporate Treasury
The longer-term picture around Ripple is moving in almost the opposite direction.
Ripple has spent the last several years trying to push deeper into institutional payments, liquidity management and corporate finance.
One of its biggest moves was the $1 billion acquisition of GTreasury in 2025.
GTreasury has more than four decades of experience in treasury management, and Ripple described the deal as its entry into the multi-trillion-dollar corporate treasury market. The combined business is aimed at helping companies move money around the clock, manage liquidity and incorporate digital assets into treasury operations.
The scale of the existing business is notable.
Ripple said GTreasury’s platform facilitated roughly $13 trillion in payments volume during 2025 for customers ranging from smaller businesses to Fortune 500 companies.
That does not mean $13 trillion is flowing through XRP.
It does, however, show how aggressively Ripple is trying to embed its infrastructure inside traditional corporate finance rather than relying entirely on crypto-native activity.
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The post This XRP Price Setup Could Catch a Lot of Traders Off Guard! appeared first on CaptainAltcoin.