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Business · Cryptocurrency · published 2026-10-12 · via DailyCoin

XRP Holds Key Support as Analysts Watch $1.50 Target

Image via DailyCoin
Image via DailyCoin

Bitrue Research Institute says XRP may first test the $1.35–$1.38 support area before a larger rebound. The report notes crowded leveraged long positions and weak whale inflows, with the three-month average of whale inflows falling to $61 million. Holding $1.38 could open a path toward $1.50, with $1.45 as an important level.

Expanded Detail

Bitrue Research Institute’s AI-based indicators show a divide: futures traders are heavily positioned long, while spot-market sentiment is less eager. That setup raises the risk of a forced-selling chain reaction if prices slip again, and large holders have not offered much support.

The three-month average for whale inflows has fallen to $61 million, the lowest since 2021. Momentum signals are mixed: RSI is 45.05, MACD is under its signal line with a negative histogram, and CMF is mostly negative except on four-hour charts. XRP ETFs took in $11.3 million over five days, while Evernorth’s XRP-only treasury is set to begin trading on NASDAQ under XRPN.

Context

If XRP holds $1.38, a move toward $1.50 could affect retail and institutional crypto investors, especially those using leveraged futures. A drop into $1.35–$1.38 may trigger liquidations, potentially amplifying losses for overextended traders. ETF inflows and the NASDAQ-listed XRP treasury could draw broader attention, but weak whale participation may keep sentiment cautious. Society-level effects may remain limited to investor confidence and risk appetite rather than everyday finance.

Expanded detail and Context are AI-generated analysis; the linked article remains the authoritative source.
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This summary is Al-enhanced to contain extended analysis and broader social context. The original is {NAME); the linked article is the authoritative source. Original headline: “XRP Defends Price Bottom, $1.50 Comes Into Play.” Browse more stories.