XRP Falls 5% on Hot CPI as Bears Target $1.30 Support
- —XRP fell roughly 5% in 24 hours, BTC 3% and ETH more than 6%
- —About $483 million in BTC and ETH futures were liquidated in a day
- —U.S. annual inflation accelerated to 3.7%, above the 3.6% forecast
- —Key XRP levels: $1.30 support and $1.50 resistance
Why it matters: Persistent inflation reduces the odds of Fed easing, making the October 27–28 meeting a key event for risk assets including XRP.
Source: Brave New Coin