XRP Falls Below $1.30 as Bearish Sentiment Persists
XRP has dropped below the $1.30 support level amid bearish market positioning and ongoing pressure.
XRP has dropped below the $1.30 support level amid bearish market positioning and ongoing pressure. XRP (XRP) is trading at ₹123 ($1.29). This is an original Token Times brief based on reporting by CoinJournal, with live market data added, as of Thu, 29 Oct 2026 10:15:02 UTC.
The breach of the $1.30 support level is significant as it indicates a potential shift in market sentiment and could influence short-term trading strategies.
- XRP dips below $1.30, reaching $1.29 at press time.
- Bearish positioning reflected in 0.82 long-to-short ratio.
- Recovery hinges on reclaiming $1.333-$1.372 resistance zone.
- Cardano's ADA Falls Below $0.22 as Bearish Sentiment Intensifies
- XRP Falls Below $1.30 as Bearish Sentiment Persists — this brief
XRP has experienced a decline, falling below the key $1.30 support level on Thursday. This drop comes amid a broader bearish trend that has been affecting the cryptocurrency market.
The current trading price of XRP is $1.29, reflecting a 3.02% decrease over the past 24 hours and a 3.68% decline over the last seven days. This downward movement is occurring within a market that is broadly down, with 
Bitcoin also seeing a 1.71% drop in the same period.
The bearish sentiment is further corroborated by the 0.82 long-to-short ratio, which suggests a higher number of short positions compared to long positions. This data indicates that traders are currently more inclined to bet against XRP's price increase.
To improve its near-term technical outlook, XRP would need to reclaim the resistance zone between $1.333 and $1.372. This level is critical as it could signal a potential reversal of the current bearish trend.
The broader market context shows a total crypto market cap of $2.75 trillion, with the overall market sentiment remaining neutral as indicated by the Fear & Greed Index at 51.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹122.93$1.29 to ₹122.93$1.29 — +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 ≈ ₹135.45 (about $1.29), down 3.0% over 24 hours. The rupee itself trades about 10.2% 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 Falls Below $1.30 as Bearish Sentiment Persists — questions & answers
What is the current price of XRP?
XRP is currently trading at $1.29, having dropped 3.02% in the last 24 hours.
What is the significance of the $1.30 support level?
The $1.30 support level is significant as its breach indicates a potential shift in market sentiment and could influence short-term trading strategies.
What is the long-to-short ratio for XRP?
The long-to-short ratio for XRP is 0.82, indicating bearish positioning.
How much is 1 XRP worth in rupee today?
About ₹135.45 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 CoinJournal. 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.