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XRP tests key $1.19 support after 14.5% drop amid hot U.S. inflation data

Technical Signals
15 Oct 2026
Tokenpost
View Source
Neutral
XRP tests key $1.19 support after 14.5% drop amid hot U.S. inflation data

XRP has dropped nearly 14.5% in the past week, testing a critical support level near $1.19 after failing to hold above $1.38 since August. The decline accelerated following hotter-than-expected U.S. consumer price inflation data. XRP's price has been trending downward since its all-time high of $3.66 in July 2025, with recent rebounds failing to surpass previous peaks. If XRP falls below $1.19, the August breakout could be at risk, with further support levels at $0.98 and $0.89 potentially tested next. This price action will be closely watched to determine if the previous breakout holds or if a deeper correction is underway.

XRP trades at Rp23,869 on Pluang as of Oct 16, 2026 08:31 WIB, showing a 1-day gain of 0.78%. The market cap stands at Rp1.518,19 trillion with a 24-hour volume of Rp53,23 trillion. Buy orders dominate at 62%, and typical holding time is 72 days, indicating steady investor interest despite recent price volatility.

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