TLDR
- XRP rose 2.82% to $1.38 as the wider crypto market rebounded after two days of losses.
- XRP spot ETFs took in $8.17 million on October 8, all into Franklin’s XRPZ, while Bitcoin and Ethereum funds lost money.
- XRP bounced from $1.35 but has not cleared $1.40; $1.45 is the next level to watch.
- Ripple earns prime brokerage fees after its $1.25 billion Hidden Road acquisition, and the XRP Ledger Batch amendment vote is pending.
- XRP’s market cap is $88.14 billion, with a one-year decline of 50.3%.
XRP climbed 2.82% to $1.38 over 24 hours. The move came as the broader crypto market bounced back after two days of losses.
Bitcoin rose 2.51% to more than $83,000, and Ethereum climbed to $2,490. The total crypto market cap rose 1.87% to $2.79 trillion.
Other data shows XRP near $1.40, down 1.0% over 24 hours and 9.2% over seven days. The 24-hour range ran from $1.32 to $1.41.
XRP ETFs Take In Cash as Bitcoin and Ethereum Funds Lose It
XRP spot ETFs recorded $8.17 million in net inflows on October 8. SoSoValue data shows Franklin’s XRPZ accounted for all of it, while four other XRP funds saw no net movement.
U.S. spot Bitcoin ETFs lost $244 million that day. Only Franklin’s EZBC gained, with $4.71 million, while Fidelity’s FBTC saw $197 million leave.
Wu Blockchain reported that spot Ethereum ETFs shed $72.544 million. That marked their eighth straight day of net outflows.
XRP ETF assets total $1.56 billion, with daily turnover of $65.44 million. Lifetime net inflows across the five products stand at $1.80 billion.
Flows are still positive, but they are well below the pace seen at launch. Cumulative net inflows are 983.80 million XRP, about $1.4 billion at current prices.
Price Levels and Catalysts
XRP pulled back from near $1.50 earlier this week and fell below two support levels. It bounced from $1.35 but could not get back to $1.40.
The Relative Strength Index sits at 36, above the oversold level of 30. The MACD shows bearish momentum fading, though no bullish cross has formed.
Analyst ChartNerd posted that $5 to $8 for XRP is “more than achievable,” pointing followers to a full price breakdown.
$5-$8 $XRP 🎯
More than achievable 🍿
The full breakdown 👇 pic.twitter.com/vUMMcu6FGU
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) October 10, 2026
Analyst EGRAG Crypto marks $1.41, $1.37 and the $1.32 to $1.27 zone as downside areas. A sustained loss of $1.35 could open the way to $1.30.
On the upside, a four-hour hold above $1.40 would put $1.45 in play, then $1.50. Resistance sits at $1.4711 and $1.4850, with $1.6238 above that. Key support is at $1.2659.
Ripple now earns prime brokerage fees on leveraged equity trades following its $1.25 billion Hidden Road acquisition. The XRP Ledger’s Batch amendment vote is also scheduled, and it would let multiple transactions be bundled together.
XRP’s market cap is $88.14 billion, ranked fifth, with $3.02 billion in 24-hour volume. Perpetual futures open interest is $4.58 billion.
XRP is down 50.3% over one year but only 1.8% over 30 days. As of October 9, it traded near $1.40.
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