XRP is trading near $1.28 today, down 3.52% in the last 24 hours. That is a drop of about $0.047. Sellers have the upper hand on the daily chart, but support near $1.24 is still holding. Trad
XRP is trading near $1.28 today, down 3.52% in the last 24 hours. That is a drop of about $0.047. Sellers have the upper hand on the daily chart, but support near $1.24 is still holding.
Traders are split on what comes next. Some expect a slow slide. Others see a chance to buy near the floor.
XRP price today is $1.2806. Market cap stands at $80.88 billion, and 24-hour futures volume is $2.01 billion.
Here is a quick snapshot:
Metric
Value
Price
$1.2806
24h change
-3.52% (-$0.04672)
Market cap
$80.88B
Futures volume (24h)
$2.01B
Spot volume (24h)
$366.50M
Open interest
$2.80B
Circulating supply
63.12B
Total supply
99.98B
Max supply
100B
For XRP news today, the story is thinner trading. Futures volume fell 20.04% and open interest slipped 3.96% to $2.80 billion.
Liquidations tell more. Total liquidations hit $7.10 million in 24 hours. Longs made up $6.72 million, while shorts were only $375.28K.
Window
Total
Longs
Shorts
1 hour
$353.26K
$353.17K
$96.24
4 hours
$421.59K
$421.48K
$106.60
12 hours
$4.74M
$4.58M
$157.71K
24 hours
$7.10M
$6.72M
$375.28K
Bulls took almost all of the hit.
The overall long/short ratio is 0.9767, which is close to balanced. But account-based ratios lean long.
Long/Short Ratio
Reading
Overall (24h)
0.9767
Binance accounts
3.1356
OKX accounts
3.8
Binance top traders (accounts)
3.7304
Binance top traders (positions)
2.311
Options are moving too. Volume jumped 72.52% to $2.91 million, and options open interest rose 4.06% to $68.33 million.
Small numbers next to futures. Still, interest is growing.
The daily chart shows a descending channel from the September high near $1.66. Price sits below all four key moving averages, bunched between $1.3348 and $1.3728.
RSI reads 37.27, under its signal line at 39.53. Momentum is weak, but not yet oversold.
EGRAG Crypto sees it differently. He points to a 100 and 200 EMA cross and double-bottom wicks near $1.24 to $1.25.
He also says the August 19 surge, which spiked price near $1.70, reclaimed a key structure that is now being retested.
On this Binance chart, though, the 100 EMA ($1.3348) still sits under the 200 EMA ($1.3728). He warns that daily crosses can give false signals.
Zone
Type
Why It Matters
$1.40 to $1.48
Resistance
Stronger barrier. Dashed chart line near $1.485. EGRAG eyes $1.45 to $1.47
$1.3348 to $1.3728
Resistance
20/50/100/200 EMA cluster and channel top
$1.22 to $1.25
Support
Double-bottom wicks. $1.24 is the "line in the sand"
$1.15 to $1.18
Support
Next area if $1.22 breaks
A sustained daily close below $1.24 could mean months of consolidation, EGRAG notes.
If buyers defend the zone and price breaks above the channel, a move toward $1.33 to $1.37 is possible. Nothing is guaranteed.
Franklin Templeton added $150 million of tokenized money market fund shares to the XRP Ledger on Friday. Every new share went to one wallet.
That wallet now holds nearly 193 million sgBENJI shares, up from about 48 million before Thursday. At $1.039 per share, that is about $200 million.
The wallet and Franklin's issuing account use the same eight signing addresses. Any two can approve a transaction.
Price did not react, at least so far.
The first test is $1.24. Hold it, and a range trade toward $1.45 to $1.47 stays on the table. Lose it, and $1.18 to $1.15 comes into view.
Any Ripple price prediction right now is a guess. The XRP price forecast depends on whether buyers reclaim the EMA zone.
Until then, the trend leans down or sideways.
This article is for information only and is not financial, investment, or trading advice. Crypto assets are volatile, and prices can move fast in either direction. Past performance does not guarantee future results. Always do your own research and speak with a licensed financial advisor before making any investment decision. Never invest money you cannot afford to lose.
