XRP Struggles to Hold Gains Amid Downward Price Pressure
XRP faces bearish momentum as it fails to sustain recoveries above $1.30.
XRP faces bearish momentum as it fails to sustain recoveries above $1.30. XRP (XRP) is trading at ₹123 ($1.29). This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Sat, 17 Oct 2026 23:15:02 UTC.
XRP's inability to maintain higher price levels could indicate increasing selling pressure, potentially influencing investor sentiment and short-term trading strategies.
- XRP is trading near $1.29 after failing to hold above $1.30.
- The token has formed lower highs throughout October.
- Current market cap stands at $81.42B with a 7-day decline of 8.67%.
XRP is currently trading near $1.29, marking a 1.43% decline over the past 24 hours and an 8.67% drop over the last seven days. The token has been struggling to maintain upward momentum, repeatedly failing to hold gains above the $1.30 level.
According to CaptainAltcoin, XRP has formed lower highs throughout October, indicating a bearish trend. The token's price has fallen from recent highs above $1.35 to its current level, with each recovery attempt proving weaker than the last.
The broader market context shows a relatively flat trading environment, with the total crypto market cap at $2.79 trillion. 
Bitcoin, the leading cryptocurrency, is also experiencing a slight decline of 0.64% over the past 24 hours. The overall market sentiment, as indicated by the Fear & Greed Index, remains in 'Greed' territory at 55.
This downward pressure on XRP could be attributed to several factors, including broader market trends and specific developments related to Ripple, the company behind XRP. Investors will be watching for any signs of a potential reversal or further decline in the coming days.
Key levels to watch include the current support around $1.28 and potential resistance at $1.35. If XRP fails to hold above $1.28, it could signal further downside, while a break above $1.35 could indicate a shift in momentum.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹122.69$1.29 to ₹122.69$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 ≈ ₹134.64 (about $1.29), down 1.4% over 24 hours. The rupee itself trades about 9.7% 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 Struggles to Hold Gains Amid Downward Price Pressure — questions & answers
What is causing XRP's price decline?
The decline is likely due to selling pressure and broader market trends, as indicated by lower highs and the token's inability to sustain gains above $1.30.
What levels should XRP traders watch?
Traders should monitor the $1.28 support level and $1.35 resistance level for potential price movements.
How does XRP's performance compare to Bitcoin?
XRP is underperforming Bitcoin, which is down 0.64% in the last 24 hours, while XRP has declined 1.43%.
How much is 1 XRP worth in rupee today?
About ₹134.64 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 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.