XRP Price Faces Resistance at $1 Level, Analyst Says
XRP's price may struggle to fall back to $1 unless Bitcoin experiences a significant downturn, according to analyst Bill Morgan.
XRP's price may struggle to fall back to $1 unless Bitcoin experiences a significant downturn, according to analyst Bill Morgan. Bitcoin (BTC) is trading at $83,654.00, up 0.1% since this brief published. This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Tue, 13 Oct 2026 07:15:01 UTC.
This analysis highlights the strong correlation between XRP and Bitcoin, suggesting that broader market trends, rather than individual factors, will likely dictate XRP's price movements in the near term.
- XRP price unlikely to fall to $1 without a major Bitcoin decline.
- XRP-Bitcoin correlation remains strong, influencing price movements.
- Current market conditions show Bitcoin down 0.40% in 24 hours.
XRP's price has faced challenges in 2026, with the token currently trading at $1.37, a 2.65% decrease over the past 24 hours. Despite these short-term fluctuations, analyst Bill Morgan believes that XRP may not fall back to the $1 level unless 
Bitcoin experiences a more significant downturn.
Morgan's analysis emphasizes the strong correlation between XRP and Bitcoin, suggesting that the two assets' price movements are closely linked. This correlation implies that broader market trends, rather than individual factors, will likely drive XRP's price in the near term.
The current market context supports this analysis, with Bitcoin down 0.40% in the last 24 hours and showing a 7-day decline of 2.31%. XRP has fared worse, with a 7-day drop of 8.28%, indicating a potential decoupling in the short term but still influenced by Bitcoin's overall trend.
The total crypto market cap stands at $2.88 trillion, reflecting a relatively stable market environment. The Fear & Greed Index is at 57, indicating a 'Greed' sentiment, which may suggest that investors are cautiously optimistic despite recent price movements.
Looking ahead, investors should watch for any significant changes in Bitcoin's price, as these could have a direct impact on XRP's price trajectory. Additionally, broader market trends and regulatory developments could also play a role in shaping XRP's future price movements.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from $83,536.00 to $83,654.00 — +0.14%.
The chart plots BTC'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 BTC ≈ ₹8.70M (about $83,654.00), down 0.6% over 24 hours. The rupee itself trades about 8.4% 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 assets in this story — live, source-stamped, updated every 15 minutes.
XRP Price Faces Resistance at $1 Level, Analyst Says — questions & answers
What is the current price of XRP?
XRP is currently trading at $1.37, down 2.65% in the last 24 hours.
Why is XRP's price unlikely to fall to $1?
Analyst Bill Morgan believes that XRP's strong correlation with Bitcoin means it won't fall to $1 unless Bitcoin experiences a significant decline.
How has Bitcoin's price moved recently?
Bitcoin is down 0.40% in the last 24 hours and 2.31% over the past 7 days.
How much is 1 Bitcoin worth in rupee today?
About ₹8.70M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $83,654.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.14% since this brief first published — trading at $83,654.00 now versus $83,536.00 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 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.