Ripple Issues Warning to XRP Community Over Fake CEO Instagram Account

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Apr 12 2026

Should l Buy XRP?

Impersonation Warning: Ripple has issued a warning regarding a fake Instagram account impersonating CEO Brad Garlinghouse, which promoted an XRP giveaway scam, urging users to remain vigilant against such frauds.
Scam Pattern Exposed: The fake account followed a common scam pattern by asking users to send XRP first with promises of larger returns, highlighting the ongoing prevalence of social media scams targeting crypto users.
Safety Guidance Reiterated: Ripple reiterated that it will never ask users to send XRP through unofficial channels, emphasizing that employees will not request wallet information, passwords, or personal data, ensuring users are aware of potential scam risks.
Deepfake Video Risks: With deepfake videos and fake support accounts being widespread, Ripple once again cautioned the XRP community that any request to send funds should be treated as a scam, underscoring the importance of protecting users' financial security.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.176	1.274	1.354	1.452	1.532	1.63	1.711
Fibonacci	1.274	1.342	1.384	1.452	1.52	1.562	1.63

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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