Crypto Michael's $XRP Long Position Soars by Over 830%
Crypto trader Crypto Michael remains optimistic about XRP's future price movement. He has maintained an open long position on the asset since July, when he started accumulating XRP.
In his latest post, dated September 19, 2026, he shared a screenshot of his XRPUSDT perpetual contract with 20x leverage. The entry price was $0.9918, and the current mark price is $1.4036, resulting in a return of +830.51% on the leveraged position.
This represents an underlying price increase of approximately 41.5%, as XRP has risen from its entry price to $1.4036, a difference of $0.4118 per XRP. This significant increase is due in part to Michael's earlier call on July 1, 2026, when he wrote 'I've been accumulating XRP here. You're about to see why.'
The chart at that time showed XRP trading near the bottom of a large falling-wedge structure and highlighted a major historical price zone around $1.90, $2.10. While his position remains open above $1.40, Michael expects the move to accelerate.