XRP Price Outlook Tests $1.28 Support After Recovery Fades

XRP traded at $1.29776 at 05:59 UTC on 29th October 2026, below Wednesday's close of $1.32412. The retreat brings the longer average near $1.28 back into focus while the recent peak near $1.40 remains overhead. The recovery has yet to break the pattern of weaker rallies.

The contrast is visible in the daily price history. XRP reached $1.55449 on 2nd October, $1.42499 on 11th October and $1.39808 on 21st October. Each rebound stopped lower than the previous one. Through Wednesday's close, the token had lost 11.1% from its opening price on 1st October. Bitcoin (BTC) fell 2.8% over the same opening to closing window in the same exchange's records, leaving XRP considerably weaker over the month.

Can XRP hold its longer average?

Using completed UTC daily candles, calculations from that history put XRP's 200 day simple moving average, the mean of its last 200 daily closes, at $1.2783. Price was above that level, while the 50 day average remained overhead at $1.3993. The longer average offers a nearby reference for the rebound, while the shorter one sits almost on top of the latest rally high. These averages will move as new daily closes arrive.

The 14 day relative strength index, which compares recent gains and losses, stood at 45.0 on the completed 28th October candle. It remained below the neutral midpoint of 50. Momentum had improved from 41.8 on Monday, without yet establishing a stronger daily trend.

Wednesday's trading volume on this exchange was 14.53 million XRP, about 3.5% above the preceding 20 day daily average of 14.04 million. That modest increase accompanied a lower daily close. It does not establish demand or selling pressure across the whole market.

What would clear the way higher?

For the next two weeks, through 12th November, a daily close above $1.40 followed by a pullback that holds that area would be the clearest bullish change. It would clear the 21st October high and the current 50 day average together.

The next test would be $1.425, the 11th October high. Sustained trading above that point would interrupt the series of lower rally peaks and bring the 5th October high near $1.53 into view. A subsequent daily close back below $1.40 would fail that initial recovery test.

If XRP instead stays above roughly $1.28 but cannot clear $1.40, those levels define a consolidation scenario. It would leave price caught between its current longer average and the recent rally ceiling. A daily close outside that band would invalidate the range.

Where would the rebound fail?

A daily close below roughly $1.28, followed by a failed attempt to regain it, would weaken the rebound case and expose the lows around $1.25. The daily records show lows of $1.25469 on 18th October and $1.25343 on 24th October. The 16th September low of $1.24630 sits just underneath, making this a support area rather than a single exact stopping price.

Holding that area would leave room for another recovery attempt. A daily close back above $1.28 would fail the initial breakdown test. A close below roughly $1.246, the bottom of the wider support area, would invalidate the idea that the recent October lows are forming a durable floor.

What does the Robinhood deal add?

Ripple announced a partnership with Robinhood on 27th October covering its Ripple USD (RLUSD) stablecoin, treasury services and institutional financing. Ripple said Robinhood would use RLUSD on the XRP Ledger for institutional settlement. The announcement sets out no XRP purchase commitment. Wider use of Ripple's infrastructure therefore does not, by itself, establish additional demand for XRP.