XRP's price dropped sharply to around $1.31 in October due to unexpected US inflation data raising fears of a Fed rate hike. This caused retail investors to sell off, but large institutional funds are buying heavily at key support levels, anticipating a strong rebound. Historical trends show October is typically weak for XRP, while November and December often bring significant gains. The upcoming Fed decision and Ripple's Swell conference will be crucial for XRP's next move.
XRP's October price drop is part of a broader market trend as of Oct 15, 2026 20:02 WIB, where only 4 of 50 major cryptocurrencies on Pluang rose while 44 fell. Among these, EOS gained 8.13% to Rp12.649, contrasting with AXS and SUSHI, which declined by 8.16% and 7.68% respectively. Typical hold times vary, with SUSHI held the longest at 102 days and AXS the shortest at 62 days.
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