๐ฐ XRP Latest News โ October 1, 2026
XRP is under pressure today, trading around $1.48โ$1.49. Your chart shows a sharp sell-off with high volume and RSI near 7, indicating extremely oversold short-term conditions.
Key news:
๐ Rippleโs scheduled escrow event: up to 1 billion XRP was released from escrow on October 1, worth roughly $1.49B at the reported price.
๐ง๐ท Brazil adoption: CSD BR announced it is using the XRP Ledger to record/audit selected financial-asset ownership, beginning with BTG Pactual fund shares.
๐ฆ ETF demand: U.S. spot XRP ETFs continued to record inflows, with about $307.87M of inflows during Q3 2026 according to reported SoSoValue data.
โ๏ธ XRPL upgrades: Ripple says new institutional features are coming to XRPL in October, including delegated permissions targeted for Oct. 8 and batch-related updates targeted for Oct. 9, subject to validator support.
๐ Chart Takeaway
Short-term: Bearish momentum is strong, but the RSI around 7 means XRP is heavily oversold and a technical bounce is possible.
Levels from your chart:
๐ด Resistance: $1.49โ$1.50
๐ข Immediate support: $1.4814
โ ๏ธ A break below $1.4814 could expose lower levels; reclaiming $1.50 would improve the short-term structure.
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