Veteran Trader Predicts XRP's Next Major Price Move After Two-Month Consolidation
XRP's prolonged consolidation period may be setting the stage for a significant breakout, according to analyst Michael XBT.
XRP's prolonged consolidation period may be setting the stage for a significant breakout, according to analyst Michael XBT. XRP (XRP) is trading at ₹127 ($1.33). This is an original Token Times brief synthesising 2 outlets (ZyCrypto, The Crypto Basic), plus live market data, as of Wed, 28 Oct 2026 23:00:01 UTC.
XRP's price action could impact investor sentiment and trading volumes in the broader crypto market, especially given the token's historical volatility and its importance in the payments sector.
- XRP has been consolidating for over two months, according to analyst Michael XBT.
- The token is currently priced at $1.33, with a market cap of $84.16 billion.
- Analyst who previously predicted XRP's drop below $1 now sees potential for a breakout.
Both ZyCrypto and The Crypto Basic report that widely followed trader Michael XBT believes XRP is nearing another major price move after more than two months of consolidation. While both outlets highlight his previous accurate prediction of XRP's drop below $1, The Crypto Basic provides the additional detail that XBT made this observation on the social media platform X. No contradictions were found between the two sources.
XRP, the digital token associated with Ripple, has been experiencing a prolonged period of price consolidation, testing the patience of investors. However, veteran trader Michael XBT, who previously made an accurate prediction about XRP's decline below the $1 mark, is now turning bullish on the cryptocurrency.
According to reports from ZyCrypto and The Crypto Basic, XBT has indicated that XRP is quietly positioning itself for a significant price movement. This comes after the token has been stuck in a consolidation phase for more than two months.
The analyst's latest comments follow his earlier call when he foresaw XRP's drop below the psychologically important $1 threshold, which was followed by a sharp recovery. This historical accuracy has added weight to his current prediction of an impending breakout.
Currently, XRP is trading at $1.33, representing a 0.45% increase over the past 24 hours, although it has declined by 3.82% over the past week. The token's market capitalization stands at $84.16 billion, making it one of the larger cryptocurrencies by market cap.
The broader crypto market remains relatively flat, with the total market cap at $2.79 trillion. 
Bitcoin has seen a modest 0.47% increase in the last 24 hours, and the Crypto Fear & Greed Index is at 51, indicating a neutral sentiment.
Since this brief published about 1 hour ago, XRP (XRP) has moved from ₹126.62$1.33 to ₹126.62$1.33 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹137.85 (about $1.33), up 0.1% over 24 hours. The rupee itself trades about 8.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Veteran Trader Predicts XRP's Next Major Price Move Afte — questions & answers
What is Michael XBT's prediction for XRP's price?
Michael XBT predicts XRP is approaching another major price move after over two months of consolidation.
How accurate has Michael XBT been with his past XRP predictions?
Michael XBT previously predicted XRP's drop below $1, which was followed by a sharp recovery, demonstrating his accuracy.
What is XRP's current market position?
XRP is trading at $1.33 with a market cap of $84.16 billion, showing a 0.45% 24-hour increase.
How much is 1 XRP worth in rupee today?
About ₹137.85 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.33. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from ZyCrypto, The Crypto Basic, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.