XRP Price Recovers After $184M Binance Inflow Despite Support Level Breach
Traders injected $184 million into XRP on Binance, triggering a 5% price rebound following a dip caused by U.S. inflation data.
Traders injected $184 million into XRP on Binance, triggering a 5% price rebound following a dip caused by U.S. inflation data. XRP (XRP) is trading at ₹127 ($1.34). This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Fri, 16 Oct 2026 11:15:02 UTC.
This significant capital inflow demonstrates strong trader confidence in XRP despite recent market volatility and technical breaches of key support levels. The move highlights the asset's resilience and liquidity amidst broader market uncertainty.
- XRP price dropped then rebounded 5% after $184M Binance inflow
- Market reacted to U.S. inflation data before the recovery
- XRP shows resilience with $1.34 price and $84.61B market cap
XRP experienced a sudden price recovery after a large capital inflow on the Binance exchange. According to U.Today, traders deposited $184 million worth of XRP on Binance, triggering a 5% price rebound.
This move came after XRP had dipped due to the release of U.S. inflation data, which initially caused market uncertainty. The recovery suggests that traders saw the dip as a buying opportunity.
The development is notable because it occurred after XRP had breached a key support level, indicating that investor confidence remains strong despite technical indicators suggesting potential weakness.
In the broader market context, the total crypto market cap stands at $2.83 trillion, with
Bitcoin up 1.09% in the last 24 hours. The Fear & Greed index is at 63, indicating a 'Greed' sentiment.
XRP is currently trading at $1.34, up 1.77% in the last 24 hours but down 4.32% over the past week. Its market cap is $84.61 billion, reflecting its position as one of the top cryptocurrencies by market value.
Since this brief published about 3 hours ago, XRP (XRP) has moved from ₹127.43$1.34 to ₹127.43$1.34 — +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 ≈ ₹140.03 (about $1.34), up 2.8% over 24 hours. The rupee itself trades about 9.9% 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 Price Recovers After $184M Binance Inflow Despite Suppor — questions & answers
What caused XRP's price to rebound?
A $184 million inflow of XRP into Binance triggered the 5% price rebound after an initial dip due to U.S. inflation data.
How did the broader market react to U.S. inflation data?
The market initially reacted with uncertainty to the inflation data, causing a dip in XRP and other assets.
What is XRP's current market position?
XRP has a market cap of $84.61 billion and is trading at $1.34, up 1.77% in the last 24 hours.
How much is 1 XRP worth in rupee today?
About ₹140.03 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.34. 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 U.Today. 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.