$XRP /USDis trading around $1.25 today, down 2.34% in last 24 hours, after dropping to $1.20 yesterday due to the Binance hot wallet hack of $6.3 billion.
The price is below all major moving averages (SMA 7, 20, 50, 200) showing bearish momentum, with RSI at 36.5 near oversold zone.
Immediate support is at $1.20-$1.22 and strong resistance is at $1.30-$1.50, which must be broken for a bullish reversal.
On Nov 1, Ripple will unlock 1 billion $XRP from escrow, which may create short-term selling pressure.
On Nov 4, XRPL fixCleanup amendment is scheduled, which is a technical upgrade, not a full lending launch.
Fundamentally, Ripple got US approval for its National Trust Bank on Oct 26 and $XRP ETFs have over $1.81B cumulative inflows.
For end of 2026, base forecast is $1.20-$1.50, bear case $0.95-$1.15 and bull case $1.70-$2.00.
For 2027, most analysts expect $1.30-$2.20 in base case and up to $7 in bull case as per Standard Chartered.
Long term, price depends on ETF inflows, CLARITY Act and real adoption in cross-border payments.
Overall trend is bearish short-term but consolidation above $1.20 could set up for next rally towards $2.000
#XRPUSDT🚨 #XRPHACKED
The price is below all major moving averages (SMA 7, 20, 50, 200) showing bearish momentum, with RSI at 36.5 near oversold zone.
Immediate support is at $1.20-$1.22 and strong resistance is at $1.30-$1.50, which must be broken for a bullish reversal.
On Nov 1, Ripple will unlock 1 billion $XRP from escrow, which may create short-term selling pressure.
On Nov 4, XRPL fixCleanup amendment is scheduled, which is a technical upgrade, not a full lending launch.
Fundamentally, Ripple got US approval for its National Trust Bank on Oct 26 and $XRP ETFs have over $1.81B cumulative inflows.
For end of 2026, base forecast is $1.20-$1.50, bear case $0.95-$1.15 and bull case $1.70-$2.00.
For 2027, most analysts expect $1.30-$2.20 in base case and up to $7 in bull case as per Standard Chartered.
Long term, price depends on ETF inflows, CLARITY Act and real adoption in cross-border payments.
Overall trend is bearish short-term but consolidation above $1.20 could set up for next rally towards $2.000
#XRPUSDT🚨 #XRPHACKED
