XRP has reclaimed the $1.60 level after a sharp September recovery, while large-holder accumulation and improving technical momentum have put the $1.55-$1.60 region at the center of the market’s attention. The XRP price reached $1.6060 on September 23 after opening near $1.5808, according to historical market data. The token subsequently pulled back toward $1.50 on…
The downturn has weakened XRP’s short-term technical structure, leaving traders focused on whether buyers can defend nearby support or whether continued selling will push the price lower. The move comes as financial markets reassess the Federal Reserve’s interest-rate outlook following a hotter-than-expected inflation report. Why Is XRP Down Today? The XRP price is facing renewed…