📰 XRP Latest News — October 1, 2026

XRP is under pressure today, trading around $1.48–$1.49. Your chart shows a sharp sell-off with high volume and RSI near 7, indicating extremely oversold short-term conditions.

Key news:

🔓 Ripple’s scheduled escrow event: up to 1 billion XRP was released from escrow on October 1, worth roughly $1.49B at the reported price.

🇧🇷 Brazil adoption: CSD BR announced it is using the XRP Ledger to record/audit selected financial-asset ownership, beginning with BTG Pactual fund shares.

🏦 ETF demand: U.S. spot XRP ETFs continued to record inflows, with about $307.87M of inflows during Q3 2026 according to reported SoSoValue data.

⚙️ XRPL upgrades: Ripple says new institutional features are coming to XRPL in October, including delegated permissions targeted for Oct. 8 and batch-related updates targeted for Oct. 9, subject to validator support.

📊 Chart Takeaway

Short-term: Bearish momentum is strong, but the RSI around 7 means XRP is heavily oversold and a technical bounce is possible.

Levels from your chart:
🔴 Resistance: $1.49–$1.50
🟢 Immediate support: $1.4814
⚠️ A break below $1.4814 could expose lower levels; reclaiming $1.50 would improve the short-term structure.
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