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Ahmed Barakat
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XRP trades at $1.40 as the damage from its slide from above $1.50 to $1.40 between October 6 and 8 sends its price prediction down. The sharper question is whether new partnerships and ledger upgrades can turn into sustained token demand, or whether traders are looking past the headlines.
Recent reports put $14.24 million in XRP long liquidations during the sell-off, with Binance accounting for about 46%. Meanwhile, PermissionDelegationV1_1 was scheduled for activation on October 8; BatchV1_1 and fixBatchV1_2 were expected on October 9, subject to validator support.
Ripple has also announced three institutional deals involving Meritz Securities, Paxos, and Canton Network, expanding its presence across tokenization, crypto brokerage, and digital asset custody.
The company will explore tokenization and custody services with South Korea’s Meritz Securities, while Paxos has added XRP to its institutional brokerage and custody offerings. Meanwhile, Ripple Custody will support assets on the Canton Network, including Canton Coin.
Although the announcements strengthen Ripple’s institutional footprint, their direct impact on XRP demand remains uncertain, as only the Paxos deal explicitly expands access to XRP. This disconnect between ecosystem news and price is familiar to XRP holders.
With support under pressure and catalysts still conditional, the levels matter more than the announcements.
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XRP Price Prediction: Can XRP Reclaim $1.50 This Week?
At $1.40, XRP is just at the $1.40–$1.42 immediate support zone, after breaking below $1.44. The $1.47–$1.50 band is resistance, and approximately $1.50 as the reclaim level needed to challenge the recent breakdown. A clean move through it could put $1.55–$1.60 back in view.
The 200-day moving average is cited near $1.28–$1.30, a deeper support reference. Recent market coverage also flags a possible technical rebound, but not a confirmed reversal.
- Bull case: support holds, and price reclaims $1.50, opening $1.55–$1.60.
- Base case: XRP consolidates between support and resistance while traders await follow-through.
- Bear case: a sustained break below $1.40 exposes the $1.31–$1.36 area.
The lending amendment’s 14-of-35 tally is not yet a catalyst; it is a vote count. For now, this is a level-driven market, not a headline-driven one.
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Maxi Doge Targets Early Mover Upside as XRP Tests Key Levels
XRP is stabilizing, but that does not erase the breakdown, and a failed test of $1.50 would leave traders managing downside rather than chasing a confirmed trend. That can make early-stage tokens look tempting, but rotating from a liquid asset into a presale swaps one kind of risk for another.
Maxi Doge is an Ethereum ERC-20 meme token built around a 240-lb canine persona and a 1000x-leverage trading-community identity. Its presale price is at $0.0002843, with $4.8 million raised. The project also offers a huge 60% APY staking rewards, holder-only trading competitions with leaderboard rewards, and a Maxi Fund treasury for liquidity and partnerships.
Its pitch is community and meme-first engagement, while The Meritz review likewise did not establish a launch or XRP demand.
Research Maxi Doge and its terms before considering exposure: visit the Maxi Doge presale page.
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