TLDR
- XRP trades near $1.33, with $1.35 the first resistance level and $1.25 the key support.
- Ripple received final OCC approval for Ripple National Trust Bank.
- Ripple announced expanded work with Robinhood and BNY at its Swell conference.
- Ali Charts says a TD Sequential buy signal appeared on XRP’s 3-day chart.
- XRP spot ETF net inflows were only $11 million in October.
XRP is trading near $1.33 as buyers try to reclaim $1.35, a level that has capped the recent bounce. The token is up 0.26% on the day, according to one analysis, while another shows it at $1.31 after a pullback.
Ripple announced several developments this week. The biggest was final approval from the Office of the Comptroller of the Currency (OCC) for Ripple National Trust Bank.
LATEST: 🏦 The OCC has granted final approval for Ripple National Trust Bank, a federally supervised charter that will manage RLUSD's segregated reserves and offer fiduciary digital asset custody. pic.twitter.com/Of8byUQ7Fa
— CoinMarketCap (@CoinMarketCap) October 27, 2026
CEO Brad Garlinghouse said on X that Ripple opened its 10th Swell conference with a series of announcements. He added that more news was coming later in the week.
Ripple Expands Its Partnerships
Ripple’s infrastructure will support Robinhood’s customer services and core operations. This includes RLUSD settlement on the XRP Ledger, prime brokerage and treasury work. RLUSD is Ripple’s stablecoin.
Ripple is also expanding its work with BNY across custody and tokenized trade finance. The firm launched a treasury product called 24/7 Returns, which lets companies earn on idle cash outside banking hours using stablecoins.
Despite the news, demand from funds has been light. XRP spot ETFs took in just $11 million in net inflows this month, the second straight monthly decline, according to SoSoValue data.
Trading volume is also thin at $1.8 billion, about 2.2% of the circulating market cap.
Analysts Point to $1.25 and $1.31
Analyst Ali Charts said a TD Sequential buy signal has flashed on XRP’s 3-day chart. The indicator counts consecutive candles to show when a move may be losing steam. He said the last three similar signals were followed by rebounds of 31%, 24% and 18%.
XRP FLASHES BUY SIGNAL
The TD Sequential has flashed a buy signal on the $XRP 3-day chart. The last three similar signals triggered rebounds of 31%, 24%, and 18%.
That makes the latest signal worth paying attention to. But everything depends on $1.25.
Hold it, and XRP could… https://t.co/lbpEjlPaWJ pic.twitter.com/fxVx9zzqof
— Ali Charts (@alicharts) October 27, 2026
He added that everything depends on the $1.25 level. If it holds, he sees XRP moving toward $1.40 and then the $1.55 neckline of a possible inverse head and shoulders pattern.
A close above $1.55 could open a path to $2.10. If $1.25 breaks, he named $0.98 as the next level to watch.
Analyst MikybullCrypto also posted on X about XRP, pointing to a double bottom and bullish divergence on the chart. He added that he does not need to explain what comes next.
Double bottom and bullish divergence
I don't need to tell you what comes next pic.twitter.com/LZV8wlCVPS
— MikybullCrypto (@MikybullCrypto) October 28, 2026
On the technical side, XRP sits near the 100-day EMA at $1.33, just under the 20-day EMA at $1.34. The 0.5 Fibonacci level adds resistance at $1.35. The 50-day and 200-day EMAs sit at $1.36 and $1.37, and the Parabolic SAR is at $1.39.
If the bounce fades, support sits at the 0.618 Fibonacci level of $1.27. A daily close below it would bring $1.25 into view.
FX Empire’s Alejandro Arrieche said XRP is retesting $1.31 after a W-shaped pattern was confirmed. He said a bounce there could lead to $1.38 or $1.42.
The FOMC meeting is also in focus. FedWatch puts the odds of a rate hike at just 9%.
XRP’s latest price is $1.31, down 1.50%, as of October 28.
