XRP Holds $1.39 as XRP Ledger Payments Slump Overnight

Ledger Payments Fall 400,000

From about $1.50 at the start of the week to $1.39 on Friday: that is the ground XRP has given up and partly won back, and the move has run alongside a sharp change on the asset's own network. On-chain data shows the daily payment count on the XRP Ledger, the open-source blockchain used for payments and asset transfers across the Ripple ecosystem, dropped by roughly 400,000 transactions overnight. The metric tracks payment-type transactions settled per day, so a single-session move of this size stands out against the ledger's normal day-to-day rhythm. The timing lands in a week when altcoin market volatility has been elevated, and the cause is not yet established. Two explanations are being weighed in the data itself: the market's recent sell-offs may have stripped out a layer of activity, and the count of automated or low-value transfers appears to have thinned as well. No outage, exploit or named counterparty has been attached to the drop, and whether it marks durable weakness in network use or a one-session dip is still open. The XRP price has traced the same arc in miniature. After starting the week near $1.50, the token slid to about $1.3866, then fell as far as $1.32 on Thursday before buyers defended that mark. Our live reading puts the quote at $1.39, up 0.3% since the last snapshot at 13:36 UTC and 2.4% over 24 hours. The bounce from the Thursday low has so far failed to build momentum, and the distance back to the week's opening level is the widest fact on the chart.

Structure matters more than the headline move right now. Attention sits on the long-term average near $1.38, a level the price defended through September that has become the decisive threshold again; a sustained slip below it would reopen the $1.335 zone, the second support that activated during the latest pullback, and beneath that the $1.25 area, September's low. On the upside, the short-term averages near $1.40 and $1.43 stand as the first obstacles, followed by $1.45. The September peak at $1.66 remains far above the market, and further still from XRP's all-time high. Momentum readings back the cautious tone: the relative strength index sits near 42, weak enough to describe a market without force but short of oversold, while volume expanded during the decline and stayed limited during the rebound attempt, a combination that points to tepid buying interest. Buyers have shown up mainly at the lows: the $1.32 response on Thursday was genuine, but follow-through into Friday has been thin. What would change the short-term picture is a daily close above $1.40, the threshold that would open a renewed test of the $1.45 to $1.50 band; a persistent breakdown under $1.38 does the same work in reverse. The ledger side needs balancing too: payment counts steadying would support any price repair, while another overnight slide of that size would leave the market defending $1.38 without a usage tailwind. Context from the past week sharpens the point: the ledger activated permission delegation for XRP accounts on Oct. 8, Ripple's three institutional deals failed to lift the quote out of the $1.39 range, and XRP trails the 2026 altcoin rally with a 28% yearly drop. We track the full ladder of XRP technical analysis levels on our dedicated page.

Resistance Stacks at $1.4411

Our composite support and resistance scoring, which rates each level from 0 to 100 on the indicators meeting there, puts the nearest strong ceiling at $1.4411, a 100/100 level built from the SMA 50, the R1 pivot and a Fibonacci retracement band, with a second band at $1.4906 beyond it. Beneath the quote, support at $1.3559 also scores 100/100 and sits about 2.3% below the market. In contract trading, perp funding reads -0.0030% and the long/short account ratio stands at 3.00, with 75% of accounts long. RSI at 42.53 and a bearish MACD signal frame the sideways trend. The setup breaks one way if a daily close clears $1.4411, the other if $1.3559 gives way; until one of those happens, the market is trading the space between the $1.32 floor of Thursday and the $1.50 where the week began.