XRP Faces Critical Support Test After Recent Sell-Off
Ripple's XRP is testing key support levels following a sell-off, with its short-term trajectory uncertain.
Ripple's XRP is testing key support levels following a sell-off, with its short-term trajectory uncertain. XRP (XRP) is trading at ₹118 ($1.24), down 0.8% since this brief published. This is an original Token Times brief based on reporting by CryptoPotato, with live market data added, as of Sat, 31 Oct 2026 08:00:01 UTC.
XRP's ability to hold key Fibonacci support levels will determine if its recent recovery trend can continue or if a deeper downturn is imminent.
- XRP is trading around $1.25 after failing to break above its descending channel.
- The token has entered a critical Fibonacci support zone between $1.20-$1.25.
- Market sentiment remains cautious with a Fear & Greed index of 30 (Fear).
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- XRP Faces Critical Support Test After Recent Sell-Off — this brief
Ripple's 
XRP is currently facing significant selling pressure after failing to break above the upper boundary of its short-term descending channel. The token is now trading around $1.25, according to CryptoPotato.
XRP has entered a critical Fibonacci support zone between $1.20 and $1.25. The reaction of traders in this area will be crucial in determining whether the recent recovery trend can be sustained or if a deeper retracement will occur.
The broader cryptocurrency market is also experiencing a downturn, with the total market cap at $2.67 trillion and 
Bitcoin down 1.57% in the last 24 hours. The overall market sentiment remains cautious, as indicated by the Fear & Greed index at 30, which signifies a 'Fear' level.
This development comes after a period of relative stability for XRP, which had been attempting to recover from previous losses. The current support level is particularly important as it has acted as a significant price floor in recent months.
Traders and investors will be closely watching how XRP behaves in the coming sessions. If the token fails to hold the $1.20-$1.25 support zone, it could signal a further decline. Conversely, a bounce from this level could indicate a potential recovery.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹118.84$1.25 to ₹117.89$1.24 — -0.80%.
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.
At today's peer-to-peer rate, 1 XRP ≈ ₹129.8 (about $1.24), down 0.4% over 24 hours. The rupee itself trades about 10.1% 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.
Figures and sectors in this story, checked live against on-chain aggregators · October 31, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
XRP Faces Critical Support Test After Recent Sell-Off — questions & answers
What is the current price of XRP?
XRP is trading around $1.25, down 1.30% in the last 24 hours.
What is the significance of the Fibonacci support zone?
The Fibonacci support zone between $1.20-$1.25 is crucial for determining if XRP can maintain its recovery trend or if a deeper downturn will occur.
How is the broader market performing?
The total crypto market cap is $2.67 trillion, with Bitcoin down 1.57% in the last 24 hours. The market sentiment is cautious, with a Fear & Greed index of 30.
How much is 1 XRP worth in rupee today?
About ₹129.8 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.24. 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.
Has XRP's price moved since this brief was published?
XRP is down 0.80% since this brief first published — trading at ₹118 ($1.24) now versus ₹119 ($1.25) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CryptoPotato. It is not a copy of any one article — follow the source links above for the original reporting.
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.