XRP is trading near $1.49–$1.50, and while the price action looks quiet, trader Ray (@moonbag) has published a chart suggesting the token is preparing to “pump hard.” His three-day XRP/USDT chart shows XRP has been range-bound since roughly June, holding support around $1.00–$1.20 while sellers repeatedly appeared near $1.55–$1.70.
According to Ray, a clean break above the $1.60–$1.70 resistance zone would open a path toward $2.60, with a larger target near $4.00 if broader market conditions improve. From current levels, the first target implies a rise of about 73%, while the second would require roughly a 167% advance.
At the same time, the market is dealing with the aftermath of the September 24 Bitget security breach. The exchange estimated roughly $387.5 million in assets were transferred to attacker-controlled addresses. Nearly 103 million XRP was initially moved into five accounts. By September 26, about 54 million XRP worth around $83 million had left the original wallets, while approximately 49 million XRP worth about $75 million remained under attacker control.
Because XRP is the native asset of the XRP Ledger, Ripple cannot freeze those funds the way Tether and Circle can freeze USDT or USDC. Centralized exchanges can still block stolen funds once they arrive on their platforms, but this remains a potential supply overhang for XRP.
On the longer-term side, Ripple continues expanding into corporate treasury and cross-border payments. Its $1 billion acquisition of GTreasury in 2025 gave it access to a business that facilitated about $13 trillion in payments volume during 2025, supporting Ripple’s push into institutional liquidity management.
