XRP Slides to $1.31–1.33 as Market Prices 64% Odds of Fed Rate Hike
- —XRP dropped from $1.50 to $1.31–1.33, down 12% in October
- —Market prices 64% odds of a Fed rate hike at month-end meeting
- —Spot XRP ETFs saw $1.7 billion in net inflows amid Evernorth's Nasdaq listing
- —Key support zone sits at $1.30–1.60, where order blocks are concentrated
Why it matters: The Fed's rate decision and Ripple's Swell conference on October 27 will determine whether XRP can reverse its downtrend and spark a November rally.
Source: U.Today