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XRP dips below the $1.30 support amid bearish positioning

Key takeaways XRP has dropped below $1.30 on Thursday as the bearish trend persists. Long-to-short ratios stand at 0.82, indicating bearish positioning in the tracked data. XRP must reclaim resistance between $1.333 and $1.

Hassan MaisheraCoinJournal · October 29, 2026 · 4d ago

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Key points

  • XRP traded around $1.29 on Thursday, dropping below the $1.300 support level after the Federal Reserve held interest rates at 3.75%–4.00%.
  • CoinGlass data shows XRP's long-to-short ratio at 0.82, while its funding rate stood at 0.0036%, leaving derivatives signals mixed.
  • The article says XRP's daily RSI is at 40, with resistance at the 100-day, 50-day and 200-day EMAs near $1.333–$1.372.

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Hassan Maishera, CoinJournal

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