๐ #xrp Update | Oct 6, 2026
XRP is trading around $1.51, up about 3% on the week and 7.8% over 30 days. It's still roughly 59% below its all-time high of $3.65, but it has recovered from the September low near $1.27. ๐ช
๐ Levels I'm watching
๐ด Resistance: $1.55 (breakout level), then the Sept 26 high at $1.5681, then $1.70 and $2.00
๐ข Support: $1.50, the Oct 3 low at $1.4846, then $1.45 and $1.40
Veteran trader Peter Brandt is watching $1.55 as the key breakout level toward $1.70 and $2.00. Losing $1.45 could expose $1.40.
๐๏ธ Upcoming news
๐ง XRPL upgrades, Oct 8โ9. Three amendments are set to go live on the XRP Ledger within 17 hours.
Permission Delegation: Oct 8, about 9:25 PM UTC Batch and its security fix: Oct 9 Dates can slip. Batch was already pushed back once after validator support dropped below the 80% threshold. Exchanges may run short maintenance windows, so avoid deposits and withdrawals around those times.
๐ฆ Evernorth treasury merger. The Evernorth-linked stock XRPN surged ahead of its merger. Reports warn its XRP buying power could shrink if SPAC shareholders redeem this week.
#xrp #Ripple #XRPL #Binance #CryptoUpdate
XRP is trading around $1.51, up about 3% on the week and 7.8% over 30 days. It's still roughly 59% below its all-time high of $3.65, but it has recovered from the September low near $1.27. ๐ช
๐ Levels I'm watching
๐ด Resistance: $1.55 (breakout level), then the Sept 26 high at $1.5681, then $1.70 and $2.00
๐ข Support: $1.50, the Oct 3 low at $1.4846, then $1.45 and $1.40
Veteran trader Peter Brandt is watching $1.55 as the key breakout level toward $1.70 and $2.00. Losing $1.45 could expose $1.40.
๐๏ธ Upcoming news
๐ง XRPL upgrades, Oct 8โ9. Three amendments are set to go live on the XRP Ledger within 17 hours.
Permission Delegation: Oct 8, about 9:25 PM UTC Batch and its security fix: Oct 9 Dates can slip. Batch was already pushed back once after validator support dropped below the 80% threshold. Exchanges may run short maintenance windows, so avoid deposits and withdrawals around those times.
๐ฆ Evernorth treasury merger. The Evernorth-linked stock XRPN surged ahead of its merger. Reports warn its XRP buying power could shrink if SPAC shareholders redeem this week.
#xrp #Ripple #XRPL #Binance #CryptoUpdate
