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XRP Faces Fresh Selling Pressure Amid Crypto Market Correction

XRP price has fallen back toward $1.36 after failing to hold the $1.40-$1.42 support zone.

XRP price has fallen back toward $1.36 after failing to hold the $1.40-$1.42 support zone. XRP (XRP) is trading at $1.35. This is an original TLT brief based on reporting by CaptainAltcoin, with live market data added, as of Mon, 12 Oct 2026 23:00:04 UTC.

Why it matters

The current price action is testing key support levels for XRP, with potential implications for its short-term trend and investor sentiment.

Key takeaways
  • XRP is down 3.77% in the past 24 hours and 10.27% over the last week.
  • The token is approaching its recent October low of $1.3177.
  • The broader crypto market is also experiencing a correction.

XRP is experiencing increased selling pressure as the broader cryptocurrency market undergoes a correction. The token has declined by roughly 4% over the past 24 hours, bringing it closer to the $1.3177 support level reached earlier in October.

The price action is particularly notable as XRP failed to maintain its position above the $1.40-$1.42 support zone, which had been a key area of interest for traders. This failure to hold the support level could indicate further downside potential in the near term.

The broader crypto market is also experiencing a downturn, with the total market capitalization dropping to $2.85 trillion. Bitcoin, the leading cryptocurrency, is down 1.10% in the past 24 hours, contributing to the overall market weakness.

XRP's current price of $1.35 represents a 3.77% decrease over the last day and a 10.27% decline over the past week. The token's market cap now stands at $85.25 billion, reflecting the recent price drop.

Traders and investors will be closely watching to see if XRP can find support around the $1.3177 level or if it will continue to trend lower. The broader market sentiment, as indicated by the Fear & Greed Index at 69 (Greed), suggests that investors remain cautiously optimistic despite the recent downturn.

Market reaction since this brief Live

Since this brief published about 1 hour ago, XRP (XRP) has moved from $1.35 to $1.35 — +0.00%.

$1.32$1.34$1.35$1.36$1.38 published · $1.35 now · $1.35 (+0.00%) Oct 12 21:55 UTC Oct 12 23:00 UTC
BeforeSince publishPublished · $1.35

The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 XRP ≈ ₦1,844.59 (about $1.35), down 4.0% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

XRP
#5
$1.35 ▼ 4.00%
7d -10.27%MCap $85.33BFull XRP data →
The market when this published · October 12, 2026
Total market cap$2.85T
Bitcoin 24h-1.10%
Ethereum 24h-1.53%
BTC dominance58.1%
Fear & Greed69 · Greed

XRP Faces Fresh Selling Pressure Amid Crypto Market Correcti — questions & answers

What is XRP's current price?

XRP is trading at $1.35, down 3.77% in the past 24 hours.

What is the significance of the $1.40-$1.42 zone?

The $1.40-$1.42 zone was a key support level that XRP failed to hold, indicating potential further downside.

How does the broader market affect XRP?

The overall crypto market correction is putting additional selling pressure on XRP.

How much is 1 XRP worth in naira today?

About ₦1,844.59 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.35. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from CaptainAltcoin. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 12, 2026 ⛓ Timestamped at Bitcoin block #971,145 sha256:88e8f1f510153997
Based on reporting by CaptainAltcoin — this is an original TLT summary with live market data, not the original article.CaptainAltcoin · Oct 12 21:55 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.