Key Takeaways
- • XRP gained nearly 2% on October 27, 2026, testing resistance near $1.30 even as the broader crypto market weakened, according to Pluang data.
- • Bitcoin slipped below $80,000 on the same day, with Pluang quoting Bitcoin at Rp1,451,776,790 and a modest 0.31% gain in its local-currency listing.
- • XRP traded at Rp23,870 (up 2.09% as of 19:52 WIB) with a market cap of Rp1,495.5 trillion, while sell-side order activity on Pluang reached 84%, signaling cautious sentiment.
- • Analysts cited in related coverage flag $1.25 to $1.26 as critical XRP support, with a break potentially opening a move toward $1.11 or lower.
- • GraniteShares delayed the effective date of its leveraged XRP, Bitcoin, Ethereum and Solana ETFs to November 30, 2026, with no reason given in the SEC amendment.
Summary
XRP rose nearly 2% on October 27, 2026, reaching resistance around $1.30 despite a generally weak cryptocurrency market, according to Pluang. The move drew attention because Bitcoin fell below the $80,000 level the same day, reflecting broader market weakness. Pluang characterized XRP's relative strength as a possible sign of buying interest or resilience compared with other major cryptocurrencies, while noting that investors will watch whether XRP can hold gains or break through $1.30.
Pluang's platform data showed XRP trading at Rp23,870, up 2.09% as of 19:52 WIB on October 27, with a market capitalization of Rp1,495.5 trillion. Bitcoin was quoted at Rp1,451,776,790, up 0.31%. Sell-order activity on the platform reached 84%, which Pluang described as indicating cautious investor sentiment.
Related coverage points to technical risk. One analysis noted XRP trading near $1.29 with large holders reducing exposure, identifying support between $1.25 and $1.26; a break below that band could push the token toward $1.11 and possibly lower. Separate commentary warned that Bitcoin's loss of the $80,000 level, and its 50-day average, could extend declines toward $75,000.
On the product side, GraniteShares ETF Trust filed an amendment with the SEC delaying the effective date of its leveraged crypto ETFs, including 3x Long and 3x Short XRP Daily ETFs and Bitcoin, Ethereum and Solana funds, to November 30, 2026. The filing did not provide a reason for the delay.
Pluang's platform data showed XRP trading at Rp23,870, up 2.09% as of 19:52 WIB on October 27, with a market capitalization of Rp1,495.5 trillion. Bitcoin was quoted at Rp1,451,776,790, up 0.31%. Sell-order activity on the platform reached 84%, which Pluang described as indicating cautious investor sentiment.
Related coverage points to technical risk. One analysis noted XRP trading near $1.29 with large holders reducing exposure, identifying support between $1.25 and $1.26; a break below that band could push the token toward $1.11 and possibly lower. Separate commentary warned that Bitcoin's loss of the $80,000 level, and its 50-day average, could extend declines toward $75,000.
On the product side, GraniteShares ETF Trust filed an amendment with the SEC delaying the effective date of its leveraged crypto ETFs, including 3x Long and 3x Short XRP Daily ETFs and Bitcoin, Ethereum and Solana funds, to November 30, 2026. The filing did not provide a reason for the delay.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.