XRP dips after unexpected US inflation rise drives risk appetite lower across crypto markets
XRP (XRP) opened weaker, with the price trending down as traders responded to macroeconomic signals from the United States. Higher-than-expected inflation reinforced risk aversion toward crypto, while XRP continued to trade below several key moving averages. Market participants are watching for further U.S. inflation data and signals from the Federal Reserve.
Highlights
- XRP dropped sharply within minutes after the U.S. October CPI report showed inflation rising faster than expected.
- Expectations of further Federal Reserve rate hikes increased, reducing demand for risk assets such as cryptocurrencies including XRP.
- Bearish technical signals persist, with XRP trading below key moving averages and resistance at $1.06, and further inflation could increase downside risk.
XRP pressured as inflation spike triggers risk-off move
According to Yahoo Finance, on November 10, 2026, XRP dropped sharply within minutes following the release of the U.S. October consumer price index (CPI) report, which showed inflation rising faster than expected.
The quicker pace of U.S. inflation increased the likelihood of more Federal Reserve rate hikes, directly curbing demand for risk assets like cryptocurrencies. The news prompted investors to re-evaluate exposure to tokens such as XRP, as tighter monetary policy typically reduces available liquidity and increases funding costs in speculative markets.
While no significant countervailing news has emerged to offset the prevailing risk-off tone, the macroeconomic backdrop remains the primary influence on trading conditions for XRP at this stage.
Bearish bias as XRP holds below key 4H averages
XRP remains under pressure on the 4H chart, consistently trading below the 50- and 200-period SMAs. These moving averages continue to act as overhead barriers in a cautious environment.
Technical signals are bearish, with both the MACD and ADX indicating a strong sell bias. The H4 Kijun level has established resistance around $1.06, making rebounds vulnerable to renewed selling.
Macro risk dominates; resistance at H4 Kijun near $1.06
Further increases in U.S. inflation or hawkish policy signals could increase downside pressure on XRP. A sustained break above the H4 Kijun resistance near $1.06 would be needed to signal that sellers are losing control. Stabilization remains unlikely without a shift in macroeconomic conditions or a clear technical recovery.
Previously it was reported that XRP remained under sustained selling pressure, with technical weakness dominating its short-term trading outlook. The latest price action reinforces this bearish scenario, as U.S. inflation and Federal Reserve policy remain the critical factors for market direction.