CryptoMedium•16 October 2026•
1 min read
XRP Recovers Above $1.32 Following US Inflation Pressure
Key Facts
1The US Producer Price Index for September increased 1.3% month-over-month, exceeding expectations of 0.5%.
2XRP price recovered toward $1.34 after briefly dropping below $1.32 following hot inflation data.
The US Producer Price Index for September increased 1.3% month-over-month, exceeding market expectations of 0.5%. Invezz reported that XRP price recovered toward $1.34 after briefly dropping below the $1.32 level following the release of the hot inflation data.
The unexpected inflation data increased macroeconomic pressure on risk assets, triggering an initial 6% sell-off before buyers stepped in at key support levels. This immediate price rebound suggests technical stabilization for XRP despite the broader market volatility caused by rising producer prices.