XRP Faces Renewed Selling Pressure Below $1.31
XRP's price dropped 2.6% on October 17, testing the $1.30 support level amid broader market uncertainty.
XRP's price dropped 2.6% on October 17, testing the $1.30 support level amid broader market uncertainty. XRP (XRP) is trading at ₹124 ($1.30). This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Fri, 16 Oct 2026 22:00:01 UTC.
The $1.30 level is a key psychological and technical support point for XRP. Breaching it could trigger further selling, while holding it might attract buyers looking for a reversal.
- XRP price fell 2.6% to $1.306 on October 17.
- The token briefly touched $1.2921, nearing the $1.30 support.
- XRP has erased most of its recent gains.
- Market cap remains at $82.2B despite the decline.
- XRP Drops Below $1.30 Amid Broader Crypto Market Pressure
- Cardano Faces Selling Pressure as Whales Dump 110 Million ADA
- XRP Faces Renewed Selling Pressure Below $1.31 — this brief
On October 17, 
XRP entered a period of increased selling pressure, causing its price to drop by about 2.6% to $1.306. This decline marks a continuation of the downward trend that has seen XRP erase most of its recent gains.
The token briefly touched a low of $1.2921, bringing the psychologically important $1.30 support level into focus. This level is critical as it has previously acted as a strong support and resistance point.
The broader crypto market remains relatively stable, with the total market cap at $2.8 trillion. However, 
Bitcoin's minor 0.60% decline over the past 24 hours indicates a lack of bullish momentum across major cryptocurrencies.
XRP's market cap currently stands at $82.2 billion, reflecting the token's significant position in the market despite its recent price decline. The Fear & Greed index remains in 'Greed' territory at 63, suggesting that investor sentiment is still relatively positive.
The next few trading sessions will be crucial for XRP as it tests the $1.30 support level. If this level holds, it could attract buyers looking for a reversal, while a breach could lead to further downward movement.
Since this brief published about 1 hour ago, XRP (XRP) has moved from ₹123.63$1.30 to ₹123.63$1.30 — +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 ≈ ₹134.23 (about $1.30), down 2.6% over 24 hours. The rupee itself trades about 8.6% 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 Renewed Selling Pressure Below $1.31 — questions & answers
What is the significance of the $1.30 level for XRP?
The $1.30 level is a key psychological and technical support point that has historically influenced XRP's price movements.
Why is XRP's price declining?
XRP's price is declining due to renewed selling pressure, exacerbated by broader market uncertainty.
What should investors watch for next?
Investors should monitor whether XRP can hold the $1.30 support level, as this will be crucial for its near-term price trajectory.
How much is 1 XRP worth in rupee today?
About ₹134.23 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.30. 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.
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.