XRP Holds $1.50 As Analysts Eye $1.70 Breakout
XRP (XRP)
Editor:
Eugene Serbin
Tronweekly reported on 29 September 2026 that XRP stabilized above $1.50 after retracing from September highs near $1.66. The asset is currently trading at $1.52, reflecting a 2.73% daily gain despite a 3.66% weekly decline. CryptoQuant data showed Binance reserves fell slightly to 2.69 billion, remaining above mid-August lows.
Analyst Egrag Crypto identified a micro range between $1.45 and $1.65, noting a close above $1.65 would change the structure. He outlined downside risks at $1.41, $1.37, and $1.32 if the corrective scenario develops. Another analyst, Diana, highlighted a seven-year cup-and-handle formation targeting resistance at $1.71.
She projected further targets at $2.17-$2.53 and potential all-time high territory between $3.40-$3.66. Technical indicators showed an RSI of 58.02 and a positive MACD, suggesting mild bullish momentum. CoinGlass data indicated falling future volume but rising open interest of $3.56 billion. The positive funding rate of 0.0095% showed a mild long bias in derivatives markets.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 29 September 2026. Not the outlet's figures.
XRP is trading at $1.50 on Whalio, with a 1-hour buy ratio of 53.4% and a 4-hour buy ratio of 50.1%. These short-term readings are slightly higher than the 24-hour buy ratio of 50.5%, suggesting buying pressure is stabilizing rather than building significantly. The 1-hour volume delta is positive at +$657,987, while the 4-hour delta is +$346,469. However, the 24-hour cumulative volume delta (CVD) is negative at -$9,566,569, indicating that net selling pressure has outweighed buying over the full day. Spot volume for the period was $283,162,448 across 1,088,620 trades. Net buying occurred in only 10 of the last 24 hours, showing mixed conviction among spot traders.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.2%, making today's 24-hour ratio of 50.5% a modest increase of 1.3 points. This suggests the current day is slightly more bullish than the weekly average but not unusually so. Weekly volume was 0.74x the average, indicating lower trading activity compared to recent norms. The coin has seen a price change of -2.6% over eight days, with a total volume delta of +$11,146,261 for the period. Only 3 of the last 7 days saw net buying, highlighting that the recent trend has been predominantly corrective.