In this video: XRP Elliott Wave analysis for 4 October 2026: XRP bounced from the $1.10 to $1.38 support zone and now tests the $1.32 to $1.49 micro support. Video by More Crypto Online.
We look at the possible 5-wave advance from the August low, the all-time high projection at $11.40 and the support and resistance levels that matter on the way up.
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XRP is trading at approximately $1.50 as of today, October 4, 2026, marking a stable consolidate phase near its key $1.47–$1.50 support level. While the token achieved a notable 48% gain in Q3 2026 (rebounding from an August low of $0.98), it remains roughly 59% below its all-time high of $3.65 and down about 51% over the past year.
XRP Insights Today
• Ripple Credit Business (2027 Activation): At the XRP Seoul conference yesterday, Ripple President Monica Long announced pilots for a new credit service launching in 2027 that will use XRP as collateral for payment loans. Unlike standard high-speed cross-border settlements where XRP is sold immediately, a lending framework requires institutions to hold tokens long-term, potentially creating sustained upward price pressure.
• DeFi Yield & Working Capital: Doppler Finance (the largest DeFi app on the XRP Ledger) announced a partnership with Flare Network to give holders direct access to FXRP vaults soon. This will allow investors to leverage their XRP as active "working capital" to generate yield without traditional banking systems.
• Nasdaq ETF & Corporate Ties: Institutional infrastructure continues to strengthen. Bitwise's XRP ETF recently cleared a key SEC procedural hurdle, while Evernode (an XRP-backed treasury company) is gearing up to list on the NASDAQ under the ticker XRPN, holding a treasury of roughly 473 million tokens (~$710 million).
• Growth Counter-winds: Long-term projections face some obstacles following the stalling of the Clarity Act in the US Senate, which has dampened institutional onboarding certainty for US banks. Additionally, the rising ubiquity of enterprise stablecoins (like Ripple's own RLUSD) is capturing some of the immediate transactional utility originally envisioned for native XRP.
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