XRP Tests $1.2659 Support as Inflation Raises Rate Hike Risks

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XRP is trading at $1.29, down 4.36% over 24 hours and testing support at $1.2659. Daily volume increased 40.18% to $3.01 billion as the price declined. XRP has retraced most of its late-September move toward $1.62 and is down 12.22% in October.

Broader market pressure has increased as higher inflation raised expectations of additional interest-rate hikes. Institutional developments provide some support: Evernorth has deployed an XRP treasury, while spot XRP ETFs continue to record modest inflows. The near-term outlook depends on whether buyers defend $1.2659.

Longer-term flow data is available in the analysis of XRP ETF inflows and cumulative demand.

September PPI inflation rose unexpectedly to 6.3%, above the 5.3% forecast. Core PPI inflation reached 5.0%, exceeding the 4.4% expectation. PPI inflation is at its second-highest level since November 2022, increasing expectations of further rate hikes.

— The Kobeissi Letter (@KobeissiLetter) October 15, 2026

XRP Tests $1.2659 Support

XRPUSDT Chart 1D TradingView

The $1.2659 level is the key technical support. XRP tested it in September and is approaching it again. A daily close below this level would weaken the chart structure and could expose the $1.00 to $1.10 range, which supported XRP during the summer. From $1.29, that would represent an estimated decline of 15% to 23%.

Buyers would first need to reclaim $1.4711, followed by $1.6238, where the late-September rally stalled. Seasonal data is also unfavorable: six of the nine recorded Octobers ended lower, including October 2026 so far.

LiquidChain Promotes Cross-Chain Liquidity

LiquidChain cross-chain network

As XRP tests support, attention may shift toward early-stage projects addressing cross-chain liquidity. LiquidChain is a proposed Layer 3 network designed to connect Bitcoin, Ethereum and Solana through a single environment.

The project aims to reduce reliance on separate bridges, wrapped tokens and wallets by allowing assets from the three networks to be traded and used in applications within one platform. It also presents a unified development environment for accessing liquidity and users across those ecosystems.

LiquidChain is in presale, with a reported token price of $0.014965. The project says it has raised $984,070.84 toward a target of $1,094,183.97. It also reports smart-contract reviews from SpyWolf and CertiK and advertises staking rewards of 1,167% APY. These figures are project claims and require independent verification.