TLDR
- XRP trades near $1.30 after breaking above a descending trendline that held since mid-2025.
- US spot XRP ETFs saw their first weekly net outflow after 13 straight weeks of inflows.
- Weekly RSI is 47.19, while the MACD stays in a bullish crossover.
- Standard Chartered’s Geoffrey Kendrick forecasts $7 for XRP by the end of 2027.
- Ali Charts says on-chain volume hit $49.70 billion near the $1.25 support.
XRP is trading around $1.30 on October 20. The price has recovered from its recent lows and broken above a descending trendline that capped it since July 2025.
The weekly chart shows the breakout pushed XRP toward $1.60. Buyers have struggled to hold that level since.
Selling pressure remains as investors weigh weaker ETF demand. XRP is still well below its 2025 peak near $3.50.
Institutional Flows and On-Chain Activity
US spot XRP ETFs ended a 13-week inflow streak. They posted about $1.84 million in net withdrawals last week.
Cumulative inflows still total about $1.81 billion. The outflow is small compared with that figure.
Analyst Ali Charts of the X account @alicharts said the bottom may be in. He pointed to a jump in XRP Ledger transaction volume to $49.70 billion as prices held near $1.25.
XRP: THE BOTTOM IS IN
Transaction volume on the $XRP Ledger exploded last night as prices hovered around the $1.25 support.
The total dollar value of coins transferred on-chain skyrocketed to $49.70 billion, coinciding with the rebound that is now taking place.
This surge in… https://t.co/vTEFhtC5ss pic.twitter.com/fQTEvKsTKk
— Ali Charts (@alicharts) October 19, 2026
He argued that the surge around such a key support level suggests $1.25 could be the low. If it holds, he sees XRP on track for a rally toward $2.
Ripple also partnered with Stripe-owned Privy to add embedded XRP Ledger wallets. Apps can use them for transfers involving XRP and Ripple’s RLUSD stablecoin.
Stablecoin use does not always lead to higher XRP prices. The partnership could still expand network activity.
On October 12, Standard Chartered launched custody services for RLUSD on the XRP Ledger. It worked with Ripple and LMAX Group to support institutional collateral arrangements.
2027 Forecasts
Attention is turning to next year. Standard Chartered analyst Geoffrey Kendrick projects $7 for XRP in 2027.
A March 2026 report put his targets at $2.80 for 2026 and $12.60 for 2028. He cut his earlier near-term expectations. These figures come from reports of the bank’s research and are not verified against the original note.
XRP would need to gain about 438% from current levels to reach $7. The article’s bullish case spans $4.00 to $7.00.
The base case ranges from $1.80 to $3.00. The bearish case runs from $0.80 to $1.20, tied to a break below $1.00.
Chart Analysis
Trader’s take: the weekly chart looks decent, not euphoric. XRP cleared the trendline, popped to $1.60, then ran out of steam. RSI at 47.19 sits just under neutral, and the MACD histogram is shrinking even with the bullish cross still in place.
Support sits at $1.25 to $1.30, with $1.00 below it. Resistance is at $1.45 to $1.60. Watch whether XRP holds $1.25. A weekly close above $1.60 would put $2.00 in play.
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