XRP posts short-term gain as CoinDesk headlines leveraged-bets wipeout
XRP posted a one-day uptick while multi-session performance remained negative and trend signals stayed neutral; press coverage noted a leveraged-bets wipeout and ledger rule changes.
Price action
XRP traded at $1.2500 and rose 1.60% over 24 hours. Its five-session change was -4.82%. The listing is under the crypto asset class, and the latest quote was recorded as of Oct 31, 00:00 UTC by CoinGecko. The markets entry identifies the instrument as XRP.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| XRP | $1.2500 | -4.82% | +1.60% | Oct 31, 00:00 UTC | CoinGecko |
Trend and momentum
Trend signal for XRP is neutral and RSI(14) stands at 34.0. The last close was 1.2357, below the 50-day moving average of 1.3962 and below the long moving average of 1.2780.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| XRP | 1.2357 | 1.3962 | 1.2780 | 34.0 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 30, 22:41 UTC); it is not a recommendation.
News flow
CoinDesk reported that a selloff in bitcoin, ether and XRP wiped out $1.5 billion in leveraged crypto bets. CoinDesk also reported that XRP Ledger developers tightened the rules for who can hold 'restricted' tokens. Yahoo published 'Why XRP Is Sinking Today' and wrote that the biggest crypto heist started with XRP and that investors should stay away from the token.
- Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets — CoinDesk, Oct 30, 06:22 UTC
- XRP Ledger developers tighten the rules for who can hold 'restricted' tokens — CoinDesk, Oct 30, 05:45 UTC
- Why XRP Is Sinking Today — Yahoo, Oct 30, 17:46 UTC
Across crypto
Over 24 hours, Solana rose 0.89%; bitcoin fell 0.68% and ether fell 0.23%; XRP recorded a larger 24-hour gain than Solana. The tracked universe showed more decliners than advancers, with 2 up and 4 down across six tracked instruments.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| Nasdaq 100 (via QQQ ETF) | $690.49 | -3.47% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Bitcoin | $77,225.00 | -0.68% | 24h | Oct 31, 00:00 UTC | CoinGecko |
| Ether | $2,242.67 | -0.23% | 24h | Oct 31, 00:00 UTC | CoinGecko |
| Solana | $96.26 | +0.89% | 24h | Oct 31, 00:00 UTC | CoinGecko |
| US Dollar Index (via UUP ETF) | $29.00 | -0.14% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
Sources and data
- CoinDesk (secondary source) — Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
- Yahoo (secondary source) — Why XRP Is Sinking Today
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 31, 00:00 UTC; report generated Oct 31, 00:02 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Relative Strength Index (RSI)
A momentum oscillator, developed by J.
Moving average
The average price over a rolling window, plotted to smooth out noise.
MACD
A trend and momentum indicator calculated as the 12-period exponential moving average minus the 26-period EMA, plotted with a 9-period EMA of that difference as the signal line.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Sources & data
- CoinDesk (secondary, retrieved Oct 31, 2026, 12:04 AM UTC)
- Yahoo (secondary, retrieved Oct 31, 2026, 12:04 AM UTC)
- Finnhub (market-data, retrieved Oct 31, 2026, 12:04 AM UTC)
- CoinGecko (market-data, retrieved Oct 31, 2026, 12:04 AM UTC)
Market data as of Oct 31, 2026, 12:00 AM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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