XRP Rebounds 10% as Buyers Defend Key Support Zone
XRP's recent recovery is being tested as it approaches a key technical resistance level.
XRP's recent recovery is being tested as it approaches a key technical resistance level. Ethereum (ETH) is trading at ₹2,34,035 ($2,474.10). This is an original Token Times brief based on reporting by CryptoPotato, with live market data added, as of Thu, 22 Oct 2026 01:00:01 UTC.
The current price action could determine whether XRP's rebound marks a broader recovery or another failed rally, impacting investor sentiment and market positioning.
- XRP has rebounded 10% after buyers defended the $1.25-$1.30 support zone.
- The asset is approaching the upper boundary of its short-term descending channel.
- A breakout or rejection at this level will be crucial for determining the next trend.
- XRP Rebounds from $1.28 Support Amidst Mixed Market Conditions
- XRP Rebounds 10% as Buyers Defend Key Support Zone — this brief
XRP has shown a notable recovery, rebounding by approximately 10% after buyers successfully defended the critical $1.25-$1.30 support zone earlier this week. This development has brought the cryptocurrency's price to around $1.36, according to data from multiple sources.
The current price level is significant as it approaches the upper boundary of a short-term descending channel, as noted by CryptoPotato. This technical level could be a decisive factor in whether the recent rebound evolves into a more sustained recovery or if it results in another lower high, potentially leading to further downside.
The broader market context shows a generally positive trend, with the total crypto market cap at $2.88 trillion and 
Bitcoin up 1.48% in the last 24 hours. The Fear & Greed Index stands at 68, indicating a 'Greed' sentiment among investors.
In terms of XRP's performance, the asset has gained 2.30% in the past day and 2.44% over the last week, with a market cap of $86.13 billion. This places it among the top cryptocurrencies by market capitalization, alongside 
Ethereum ($302.2B) and 
Tether ($182.84B).
The outcome of this price action will be crucial for XRP's short-term trajectory. If the cryptocurrency can break above the descending channel's upper boundary, it could signal a stronger recovery. Conversely, a rejection at this level might indicate that the recent rebound is losing momentum.
Since this brief published about 10 hours ago, Ethereum (ETH) has moved from ₹2,34,062.13$2,474.39 to ₹2,34,034.70$2,474.10 — -0.01%.
The chart plots ETH'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 ETH ≈ ₹256,873.43 (about $2,474.10), up 0.9% over 24 hours. The rupee itself trades about 9.8% 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.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · October 22, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
XRP Rebounds 10% as Buyers Defend Key Support Zone — questions & answers
What is the significance of the $1.25-$1.30 support zone?
The $1.25-$1.30 zone is a critical support level where buyers stepped in, halting further price declines and enabling the current recovery.
What happens if XRP breaks above the descending channel?
A breakout above the descending channel could signal a stronger recovery and potentially lead to further price increases.
How does XRP's performance compare to other major cryptocurrencies?
XRP's 2.30% 24-hour gain is slightly higher than Ethereum's 1.24% but lower than Zcash's nearly 10% increase, as reported by The Crypto Basic.
How much is 1 Ethereum worth in rupee today?
About ₹256,873.43 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,474.10. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CryptoPotato. 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.