XRP Faces Rejection at Key Resistance Level, Bearish Pressure Mounts
XRP's recent rebound has reversed, pushing the price toward $1.28 as bearish technical signals persist.
XRP's recent rebound has reversed, pushing the price toward $1.28 as bearish technical signals persist. XRP (XRP) is trading at ₹121 ($1.27). This is an original Token Times brief based on reporting by CryptoPotato, with live market data added, as of Sat, 24 Oct 2026 16:45:01 UTC.
The rejection at the descending resistance level indicates continued bearish momentum, potentially leading to further downside if buyers fail to regain control.
- XRP rejected at descending resistance, maintaining bearish structure.
- Price dropped to $1.27, nearing key demand zone around $1.25.
- Bearish pressure persists despite recent recovery attempts.
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- XRP Faces Rejection at Key Resistance Level, Bearish Pressure Mounts — this brief
XRP's recent price recovery has been met with strong resistance, causing the cryptocurrency to reverse course and decline toward the $1.28 level.
The rejection occurred at a descending resistance trendline, which has been a significant barrier for XRP in recent weeks.
This development maintains the bearish technical structure, as noted by CryptoPotato, indicating that buyers have yet to establish a strong enough foothold to reverse the downward trend.
The price action is occurring within a broader descending channel on the daily timeframe, suggesting that the short-term outlook remains weak.
XRP is currently trading at $1.27, representing a 2.85% decline over the past 24 hours and a 1.90% drop over the past week. The cryptocurrency's market cap stands at $80.32 billion.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹120.70$1.27 to ₹120.70$1.27 — +0.00%.
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 ≈ ₹132.33 (about $1.27), down 3.4% over 24 hours. The rupee itself trades about 9.6% 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 Faces Rejection at Key Resistance Level, Bearish Pressur — questions & answers
What is the current price of XRP?
XRP is trading at $1.27, down 2.85% in the last 24 hours.
Why is XRP's price declining?
The decline is due to rejection at the descending resistance level, maintaining the bearish technical structure.
What is the next key level to watch for XRP?
The key demand zone around $1.25 is the next important level to monitor.
How much is 1 XRP worth in rupee today?
About ₹132.33 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.27. 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 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.