- XRP price prediction stays bullish above $1.53, the rising trendline it’s testing after pulling back from $1.65
- Bitget confirmed a $351 million hack affecting XRP Ledger among several other networks
- XRP’s 365-day MVRV sits near -11.75%, a discount Santiment says gives it more room to recover
XRP price prediction for September 26 stays bullish above $1.53, the rising trendline XRP is testing directly today after pulling back from this week’s high near $1.65, even as a multichain security incident and split analyst forecasts add uncertainty.
XRP Price Analysis: Can XRP Hold Its Rising Trendline?
XRP trades near $1.53, up 1.6% over the past 24 hours, testing a rising trendline drawn from the September 16 low near $1.25 that’s tracked price higher through the entire recovery. Current price sits right on that trendline, making today’s session a genuine test of support rather than a comfortable cushion above it.
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The Supertrend indicator flipped to a sell signal on September 23 near $1.65, right at the peak of this week’s rally, and its descending resistance line has since stepped down to $1.56 as price pulled back, keeping the short-term signal bearish for now. The Parabolic SAR sits lower at $1.48, offering a secondary support level below the rising trendline if the pullback deepens further.
XRP Support and Resistance Levels
| Type | Price |
| Resistance | $1.56 |
| Resistance | $1.60 |
| Resistance | $1.65 |
| Support | $1.53 |
| Support | $1.48 |
| Support | $1.25 |
XRP News: Analyst’s Long-Term Chart Points to $30, Warns of a Near-Term Crash First
Trader EGRAG Crypto reiterated a long-standing macro chart on XRP, warning of a near-term crash while maintaining an unchanged long-term roadmap. The trader said $1.65 is the key level to watch and that the chart’s structure hasn’t changed from prior versions, pointing to upside targets of $7.50, $13, and $30 if the broader macro setup continues to play out as projected.
This is one trader’s long-term technical framework rather than a confirmed forecast, and the targets span a timeframe far beyond typical near-term price action. The warning of an imminent crash sits in direct tension with the same chart’s bullish long-term targets, worth noting as a genuine internal contradiction in the framing rather than a smoothly building bullish case.
XRP Shows a Deep MVRV Discount Compared to BTC and ETH
XRP’s 365-day MVRV ratio sits near -11.75%, a significant discount compared to Bitcoin, Ethereum, and Chainlink, which all trade slightly above 0%, according to Santiment. Dogecoin shows an even deeper discount near -19.26%. MVRV measures whether the average holder over the past year is sitting on a profit or loss, and a negative reading means most holders remain underwater even after recent market gains.
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Santiment noted that a lower MVRV typically points to less downside risk, since fewer profitable holders remain who might sell into strength. The firm was careful to clarify that BTC, ETH, and LINK aren’t worse investments simply because their MVRV sits closer to breakeven, but argued that assets trading well below zero, like XRP and Dogecoin, warrant extra attention as potential recovery candidates if demand continues improving.
XRP News: Bitget Hack Affects Multiple Chains Including XRP Ledger
Bitget CEO Gracy Chen confirmed a $351 million security incident spanning several major networks, according to BSCN:
- Affected chains: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base
- Affected tokens: ETH, XRP, BNB, AVAX, USDT, and USDC
Chen said Bitget’s onchain cold wallets remain secure, and the exchange has contacted every impacted chain’s foundation, several of which have already frozen suspected hacker addresses. Bitget’s protection fund reportedly exceeds $464 million, with proprietary assets over $1 billion. Bitget Wallet, a separate product, remains unaffected. No timeline has been given for full recovery.
XRP ETF Flows: A Third Straight Inflow Day Pushes Cumulative Total Past $1.76 Billion
US spot XRP ETFs added $14.89 million on September 24, a third straight inflowXRPUSD day following $18.04 million on September 23 and $20.02 million on September 22. Cumulative net inflows across all XRP ETFs stand at $1.76 billion, with $44.22 million traded on the day and total net assets at $1.70 billion.
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Bitwise’s XRP ETF led Wednesday’s inflow at $9.91 million, pulling in 6.48 million XRP, and remains the largest fund by net assets at $613.77 million. Franklin’s XRPZ added $4.98 million, while 21Shares’ TOXR remains the only one of the five funds still net negative since launch, down $21.15 million cumulatively.
| ETF Metric | Value |
| Daily net inflow, Sep 24 | +$14.89M |
| Cumulative net inflow | $1.76B |
| Total net assets | $1.70B |
XRP Price Prediction: Bullish and Bearish Scenarios for September 26
Bullish Case, Target: $1.65
XRP holds the rising trendline near $1.53 and reclaims the Supertrend resistance at $1.56. Continued ETF inflows and XRP’s deep MVRV discount attracting value-focused buyers could support a retest of this week’s high near $1.65.
Bearish Case, Risk Level: $1.4791 (Parabolic SAR)
XRP loses the rising trendline near $1.53 and slips toward the Parabolic SAR at $1.4791. Continued fallout from the Bitget hack affecting XRP Ledger, or a broader risk-off move validating EGRAG Crypto’s near-term crash warning, would fit that scenario, exposing the September 16 swing low near $1.25 as the deeper support if the trendline itself breaks.
FAQs
XRP could extend toward $1.56 and then $1.65 if it holds its rising trendline near $1.53. Losing that trendline risks a slide toward the Parabolic SAR at $1.4791.
Yes, XRP was among the tokens affected across the $351 million multichain incident, though Bitget says its cold wallets remain secure and several affected chains have already frozen suspected hacker addresses.
By one measure, yes. XRP’s 365-day MVRV sits near -11.75%, meaning average long-term holders remain in a loss, compared to BTC and ETH trading slightly above breakeven, a gap Santiment says could offer more recovery room.
That’s one trader’s warning from EGRAG Crypto, who flagged $1.65 as a key level while also maintaining long-term upside targets as high as $30, a forecast that should be treated as one analyst’s macro framework rather than a confirmed prediction.
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