Markets › News › Altcoins

Analyst Predicts $1.20 as Critical XRP Support Level Amid Market Downturn

XRP faces a key test at the $1.20 support level as analysts monitor its price action.

XRP faces a key test at the $1.20 support level as analysts monitor its price action. XRP (XRP) is trading at ₹123 ($1.29). This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Sat, 24 Oct 2026 07:00:01 UTC.

Why it matters

The $1.20 level represents a crucial support zone that could determine XRP's short-term trend, especially amid the broader market downturn.

Key takeaways
  • XRP is currently holding above its upper support structure.
  • Analysts identify $1.20 as the next critical support level.
  • XRP price at $1.29 shows a 2.71% decline in the past 24 hours.

XRP is currently trading at $1.29, showing a 2.71% decline over the past 24 hours and a 1.48% drop over the last seven days. Despite the broader market downturn, XRP has managed to hold its upper support structure, according to analyst More Crypto Online.

The analyst emphasizes that the $1.20 level is becoming increasingly important as a support zone. This area is expected to be a significant battleground in the current pullback, with the potential to influence XRP's short-term price trajectory.

The broader cryptocurrency market is experiencing a downturn, with the total market cap at $2.77 trillion and Bitcoin down 1.24% in the past 24 hours. The Fear & Greed Index stands at 51, indicating a neutral market sentiment.

XRP's market cap is currently $81.2 billion, making it one of the largest cryptocurrencies by market capitalization. The coin's performance in the coming days will be closely watched, especially as it approaches the $1.20 support level.

If XRP holds above $1.20, it could signal resilience and potentially attract buyers. However, a break below this level could lead to further downside, as it would indicate a loss of key support.

Market reaction since this brief Live

Since this brief published about 1 hour ago, XRP (XRP) has moved from ₹122.60$1.29 to ₹122.60$1.29 — +0.00%.

$1.26$1.28$1.29$1.30$1.32 published · $1.29 now · $1.29 (+0.00%) Oct 24 05:47 UTC Oct 24 07:00 UTC
BeforeSince publishPublished · ₹122.60$1.29

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.

What this means in rupee

At today's peer-to-peer rate, 1 XRP ≈ ₹129.51 (about $1.29), down 3.0% over 24 hours. The rupee itself trades about 5.6% 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.

XRP
#5
₹122.60$1.29 ▼ 2.97%
7d -1.48%MCap ₹7.73TFull XRP data →
The market when this published · October 24, 2026
Total market cap₹263.25T
Bitcoin 24h-1.24%
Ethereum 24h-0.98%
BTC dominance58.5%
Fear & Greed51 · Neutral

Analyst Predicts $1.20 as Critical XRP Support Level Amid Ma — questions & answers

What is the significance of the $1.20 level for XRP?

The $1.20 level is considered a crucial support zone that could determine XRP's short-term trend.

How has XRP been performing recently?

XRP is down 2.71% in the past 24 hours and 1.48% over the last week, currently trading at $1.29.

What is the overall market sentiment?

The overall market is broadly down, with a Fear & Greed Index of 51, indicating neutral sentiment.

How much is 1 XRP worth in rupee today?

About ₹129.51 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.29. 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 CaptainAltcoin. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 24, 2026 ⛓ Timestamped at Bitcoin block #972,890 sha256:57507d56703dc4cf
Based on reporting by CaptainAltcoin — this is an original Token Times summary with live market data, not the original article.CaptainAltcoin · Oct 24 05:47 ↗

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.