$XRP Update 🔎 Can XRP defend the $1.47 area after today’s supply event?
💰 Price now: $1.48 | 24h: -1.38%
📊 Market cap: $93.51B | Rank: #5
📈 24h range: $1.47 – $1.54
📰 What's happening:
XRP is consolidating around $1.48 after September's advance. Ripple unlocked 1 billion XRP from escrow on October 1, creating a fresh supply event to monitor.
🔥 Key catalyst:
U.S. spot XRP ETFs recorded more than $120M of September inflows, while XRP Ledger adoption and the monthly escrow cycle remain in focus.
👀 Next step to watch:
🔴 Bearish case: $1.47 support, then $1.38.
🟢 Bullish case: $1.54–$1.56 resistance, then $1.70.
📝 My take:
The $1.47–$1.56 range is the key short-term area to monitor.
Not financial advice, DYOR ⚠️
#XRP #Ripple #Crypto #CryptoNews #XRPL
💰 Price now: $1.48 | 24h: -1.38%
📊 Market cap: $93.51B | Rank: #5
📈 24h range: $1.47 – $1.54
📰 What's happening:
XRP is consolidating around $1.48 after September's advance. Ripple unlocked 1 billion XRP from escrow on October 1, creating a fresh supply event to monitor.
🔥 Key catalyst:
U.S. spot XRP ETFs recorded more than $120M of September inflows, while XRP Ledger adoption and the monthly escrow cycle remain in focus.
👀 Next step to watch:
🔴 Bearish case: $1.47 support, then $1.38.
🟢 Bullish case: $1.54–$1.56 resistance, then $1.70.
📝 My take:
The $1.47–$1.56 range is the key short-term area to monitor.
Not financial advice, DYOR ⚠️
#XRP #Ripple #Crypto #CryptoNews #XRPL
