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XRP Gained 16% Last Week and Lost 7% in a Day. Is the Rally Already Over?

Forced short liquidations drove XRP’s weekly surge, while weaker September ETF inflows and selling from trapped buyers kept resistance intact.

  • On Wednesday, XRP traded near $1.51, struggling to hold gains above the critical $1.60 resistance level after touching it twice in recent trading sessions.
  • Forced short liquidations of $300 million drove the recent surge, but that buying momentum typically runs out once traders close their positions, leaving XRP exposed to selling pressure.
  • U.S. spot XRP ETFs attracted only $10 million to $19 million weekly in September, far below the $28 million single-day peak recorded in August, limiting institutional fuel for sustained gains.
  • Support holds at $1.48, just 2% below current prices, while Ripple's October 1 escrow release of approximately $1.5 billion in XRP could influence near-term volatility and trader positioning.
  • XRP is down approximately 17% for 2026 and needs a 21% gain to break even by December 31, translating to roughly 6.5% monthly growth through year-end to recover losses.
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TokenPost broke the news on Tuesday, September 22, 2026.
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