Overview
- XRP is trading around $1.33–$1.38 with immediate support near $1.30–$1.33 and resistance at $1.40–$1.45, leaving the token range‑bound after its August gains.
- A CryptoQuant chart shows about 91.2 million XRP flowed to Binance on Sept. 11, 2026, a large single‑day deposit that analysts say raises short‑term supply risk if further exchange inflows continue.
- Data from SoSoValue and on‑chain trackers report sharp drops in ledger use with total transactions down about 55.6%, successful transactions down about 59.5% and active users down roughly 42.3%, signaling fading retail engagement.
- Two ETF sponsors moved effective launch dates to Oct. 11, 2026 — Roundhill for an XRP covered‑call fund and Teucrium/Listed Funds Trust for a 2x short daily XRP ETF — while existing listed ETFs hold about $1.45 billion with zero net inflows recorded on Sept. 11.
- Public and institutional forecasts conflict on the outlook: Ripple CTO Emeritus David Schwartz said XRP could eventually 'flip' Bitcoin if XRP grows faster, market‑cap math puts that price near $24.50, and Standard Chartered projects $12.60 by 2028, while technical analysts warn that losing the 200‑day average and $1.31 support could expose much lower floors near $1.17 or $0.62–$0.88.