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Reading: XRP Price Prediction: Does Ripple’s Brevan Howard Deal Matter for XRP’s Price?
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Investor's Crypto Daily > Blog > Headlines > Cryptocurrency News > XRP Price Prediction: Does Ripple’s Brevan Howard Deal Matter for XRP’s Price?
Cryptocurrency News

XRP Price Prediction: Does Ripple’s Brevan Howard Deal Matter for XRP’s Price?

Last updated: October 7, 2026 1:22 pm
By Michelle Whelan 9 Min Read
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  • XRP price prediction stays bullish above $1.44, needing $1.53 to reopen the path toward $1.65
  • XRP ETFs extended their inflow streak to 12 weeks, though the latest week slowed to $4.75 million
  • Ripple Prime will provide prime brokerage and clearing to Brevan Howard funds

XRP price prediction for October 8 stays bullish above $1.44, the level XRP needs to hold after slipping back to the floor of its triangle.

Contents
XRP Price Analysis: Can XRP Hold $1.44 at the Floor of Its Triangle?XRP Support and Resistance Levels for October 8, 2026XRP News: Ripple Prime Signs Brevan Howard for Prime Brokerage and ClearingXRP News: Large Wallets Added 1.32 Billion XRP in a Month, Rain SaysXRP News: Gert van Lagen Sees a $50 Target From a Monthly TriangleXRP ETF Flows: 12th Straight Weekly Inflow Slows to $4.75 MillionXRP Price Prediction for October 8: Can XRP Reach $1.65 or Fall to $1.38?Bullish Case, Target: $1.65Bearish Case, Risk Level: $1.38 (200-Day EMA)FAQs: XRP Outlook for October 8, 2026

XRP Price Analysis: Can XRP Hold $1.44 at the Floor of Its Triangle?

XRP keeps its triangle intact as long as it holds $1.44. It trades near $1.47, down 1.58% today, after slipping under the 20-day EMA at $1.48. Today’s low of $1.4403 touched the triangle’s rising lower line, so a daily close below it would break the pattern. The upper line sits near $1.64, and the two lines meet near $1.61 in late October, which forces a decisive move within weeks.

Support is stacked just below, with the 50-day EMA at $1.40 and the 200-day at $1.38 close together and the 100-day at $1.33 beneath them. To turn back up, XRP first has to reclaim $1.48 and then clear $1.53, near the October 5 high. That would put the upper line and the $1.70 August high back in range. RSI at 51.92 sits mid-range, so momentum is neutral.

Related: Cardano Price Prediction: Why Is ADA Rising on Its Own While Bitcoin Trades Sideways?

XRP Support and Resistance Levels for October 8, 2026

Type Price
Resistance $1.48
Resistance $1.53
Resistance $1.65
Support $1.44
Support $1.40
Support $1.38

XRP News: Ripple Prime Signs Brevan Howard for Prime Brokerage and Clearing

Ripple announced on October 6 that Ripple Prime will provide multi-asset prime brokerage, clearing and financing to Brevan Howard funds, expanding an existing relationship. Funds run by Brevan Howard affiliates also took part in Ripple’s $500 million strategic investment in 2025.

Brevan Howard’s group COO, Alan McGroarty, said Ripple has “built a differentiated platform” for institutional digital asset infrastructure. For XRP holders, this is a business win for Ripple rather than a direct catalyst, since the release is Ripple’s own and does not mention demand for the XRP token.

XRP News: Large Wallets Added 1.32 Billion XRP in a Month, Rain Says

$XRP gained 43%+ last quarter, but leverage still hasn’t followed the move.

Exactly the reason that makes the current setup worth watching.

Binance + Upbit reserves fell by ~104.7M XRP, while wallets holding 10M–100M XRP increased their balance from 12.48B to 13.8B over the… pic.twitter.com/Jp8KeUpVU7

— Rain (@raintures) October 6, 2026

Rain, who posts on X as @raintures, said XRP gained more than 43% last quarter without a matching rise in leverage. He pointed to two figures:

  • Binance and Upbit XRP reserves fell by about 104.7 million XRP over the past month, while wallets holding 10 million to 100 million XRP grew their combined balance from 12.48 billion to 13.8 billion.
  • Binance XRP open interest, the total value of open bets, is about $517 million, against roughly $1.3 billion last October.

He asked whether leverage will chase spot buying if XRP clears $1.53. The figures are his and this post does not name a data source.

XRP News: Gert van Lagen Sees a $50 Target From a Monthly Triangle

This would be normal bull market dynamics for Ripple. In 2017 it took only 2 months for XRP/BTC to 50X from current level to 0.00011, which would imply $BTC at $450k and $XRP at $50. pic.twitter.com/Os21I7yTid

— Gert van Lagen (@GertvanLagen) October 6, 2026

Analyst Gert van Lagen posted a monthly chart of a triangle that he says targets about $50, a level that would put XRP’s market cap near $3 trillion. In a follow-up he said a repeat of 2017’s 50-fold jump in XRP against Bitcoin, which took two months, would imply XRP at $50 with Bitcoin at $450,000. 

Related: The Sandbox Price Prediction: SAND Jumps 16% as Bulls Target $0.085

At $1.47, $50 would be a gain of about 3,300%, so this is a long-range framework and not an October call, and it rests on one analyst’s reading of the chart.

XRP ETF Flows: 12th Straight Weekly Inflow Slows to $4.75 Million

US spot XRP ETFs took in $4.75 million in the week ending October 2, down from $75.59 million the week before, though it was still the 12th straight week of net inflows according to SoSoValue. 

This week has added $3.14 million so far, all of it on Tuesday, when Bitwise’s XRP fund drew $10.55 million and outweighed outflows of $4.07 million from Franklin’s XRPZ and $3.34 million from Canary’s XRPC.

ETF Metric Value
Weekly net inflow, week ending Oct 2 +$4.75M
Weekly net inflow, week ending Sep 25 +$75.59M
Net inflow, week to Oct 6 (three days left) +$3.14M
Cumulative net inflow $1.79B

XRP Price Prediction for October 8: Can XRP Reach $1.65 or Fall to $1.38?

Bullish Case, Target: $1.65

XRP holds the rising lower line near $1.44, reclaims the 20-day EMA at $1.48 and closes a day above $1.53. That puts the upper line near $1.65 in range. A pickup in ETF inflows, and in the leverage Rain says has not followed spot buying, would support the move.

Bearish Case, Risk Level: $1.38 (200-Day EMA)

XRP loses the lower line near $1.44 and the 50-day EMA at $1.40, which would break the triangle to the downside. A daily close below the 200-day EMA at $1.38 would expose the 100-day at $1.33, and another slow week of ETF inflows would fit that path.

Related: Orca Price Prediction October 2026: Can ORCA Reach $4 or Fall to $2.48 in October?

FAQs: XRP Outlook for October 8, 2026

What is the XRP price prediction for October 8, 2026?

XRP could extend toward $1.53 and then $1.65 if it holds above $1.44 and reclaims the 20-day EMA at $1.48. A daily close below the 200-day EMA at $1.38 would put the 100-day EMA at $1.33 in play.

Will XRP reach $2 or $50?

$2.00 would need a gain of about 36% from $1.47, and XRP would first have to clear the triangle’s upper line near $1.64 and the $1.70 August high. $50 would need about 3,300%, and Gert van Lagen’s framework treats that as a long-range target rather than a near-term forecast.

Could XRP fall below $1.40?

Yes, if it loses the rising lower line near $1.44. $1.40 is a drop of about 5%, and the 50-day EMA at $1.40 and the 200-day at $1.38 sit right there.

Are XRP ETFs still seeing inflows?

Yes, but more slowly. US spot XRP ETFs took in $4.75 million in the week ending October 2, down from $75.59 million the week before, according to SoSoValue, and cumulative net inflows stand at $1.79 billion.

Please note, this site provides content for entertainment purposes only and does not offer financial advice. Read more here

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