đš XRP LATEST UPDATE â OCTOBER 8, 2026
$XRP is trading around $1.41 after coming under strong selling pressure.
đ KEY LEVELS:
âą Current: ~$1.41
âą Support: $1.40
âą Recovery zone: $1.45â$1.50
âą Resistance: $1.55
âą Major resistance: $1.63
đ BULLISH SCENARIO:
A strong reclaim of $1.50 could improve momentum toward $1.55, with $1.63 as the next major resistance.
đ» BEARISH SCENARIO:
A confirmed break below $1.40 could signal further downside and keep sellers in control.
đ„ FUNDAMENTALS TO WATCH:
âą U.S. XRP ETFs have accumulated around $1.7B in holdings.
âą Grayscaleâs XRP ETF added in-kind creation/redemption functionality.
âą Ripple announced a partnership with Korean brokerage Meritz focused on digital-asset custody and tokenization.
âą XRP Ledger protocol upgrades are also being watched this week.
â ïž MARKET VIEW:
Short-term momentum is currently cautious/bearish, but XRP remains sensitive to ETF flows, Ripple developments and broader crypto-market direction.
đ Trade smart. These levels are for educational/technical analysis only.
#xrp #Ripple #crypto #cryptotrading #XRPUpdate
$XRP is trading around $1.41 after coming under strong selling pressure.
đ KEY LEVELS:
âą Current: ~$1.41
âą Support: $1.40
âą Recovery zone: $1.45â$1.50
âą Resistance: $1.55
âą Major resistance: $1.63
đ BULLISH SCENARIO:
A strong reclaim of $1.50 could improve momentum toward $1.55, with $1.63 as the next major resistance.
đ» BEARISH SCENARIO:
A confirmed break below $1.40 could signal further downside and keep sellers in control.
đ„ FUNDAMENTALS TO WATCH:
âą U.S. XRP ETFs have accumulated around $1.7B in holdings.
âą Grayscaleâs XRP ETF added in-kind creation/redemption functionality.
âą Ripple announced a partnership with Korean brokerage Meritz focused on digital-asset custody and tokenization.
âą XRP Ledger protocol upgrades are also being watched this week.
â ïž MARKET VIEW:
Short-term momentum is currently cautious/bearish, but XRP remains sensitive to ETF flows, Ripple developments and broader crypto-market direction.
đ Trade smart. These levels are for educational/technical analysis only.
#xrp #Ripple #crypto #cryptotrading #XRPUpdate