XRP Nears Potential Reversal Point as Analysts Spot Bullish Pattern
XRP's price may be approaching a critical Fibonacci retracement zone signaling a potential trend reversal.
XRP's price may be approaching a critical Fibonacci retracement zone signaling a potential trend reversal. XRP (XRP) is trading at ₹125 ($1.31). This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Sat, 17 Oct 2026 09:15:01 UTC.
If XRP completes its Wave 2 correction at the predicted levels, it could set the stage for a significant upward move, impacting investor sentiment and trading strategies in the broader crypto market.
- XRP nearing 61.8%-78.6% Fibonacci retracement zone at $1.31
- Analyst predicts end of Wave 2 correction and potential Wave 3 advance
- XRP down 2.27% in 24 hours but maintains $82.59B market cap
- XRP Nears Potential Bottom at $1.27, Analyst Predicts
- XRP Nears Potential Reversal Point as Analysts Spot Bullish Pattern — this brief
XRP's price action is being closely watched as it approaches a key technical level that could signal the end of its current correction. Analyst XForceGlobal suggests that XRP is 'inches away' from completing a Wave 2 bottom, which could pave the way for a Wave 3 advance.
The analysis identifies a retracement zone between the 61.8% and 78.6% Fibonacci levels as a potential turning point. This zone coincides with XRP's current price of $1.31, indicating that the token may be at a critical juncture.
While the broader crypto market remains relatively flat, with 
Bitcoin down 0.69% in the last 24 hours, XRP has experienced a 2.27% decline over the same period. However, its market cap remains substantial at $82.59 billion.
This potential reversal point comes amidst a period of consolidation for XRP, which has been trading within a defined range in recent weeks. The outcome of this technical setup could influence short-term trading strategies and broader market sentiment.
Traders and investors will be monitoring whether XRP can hold the $1.31 level and if it begins to show signs of upward momentum. A successful bounce from this zone could reinforce the bullish thesis, while a breakdown could lead to further downside.
Since this brief published about 3 hours ago, XRP (XRP) has moved from ₹124.60$1.31 to ₹124.60$1.31 — +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 ≈ ₹136.25 (about $1.31), down 2.7% over 24 hours. The rupee itself trades about 9.4% 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 Nears Potential Reversal Point as Analysts Spot Bullish — questions & answers
What is the significance of the 61.8%-78.6% Fibonacci retracement zone?
This zone is considered a critical area for potential trend reversals in technical analysis, often indicating where a correction might end and a new trend could begin.
How does XRP's current price relate to the analyst's prediction?
XRP's current price of $1.31 aligns with the predicted retracement zone, suggesting it may be nearing a key decision point.
What could happen if XRP completes its Wave 2 correction?
Completing the Wave 2 correction could set the stage for a Wave 3 advance, potentially leading to a significant upward price movement.
How much is 1 XRP worth in rupee today?
About ₹136.25 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.31. 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.