XRP price is going into a storm. Delays in US inflation reports, renewed trade war between the world’s largest economies, and panic selling across crypto charts. It’s all happening at the same time. XRP has already fallen below a major support level and traders are wondering if the next stop will be at $0.60. Let’s unravel what’s really going on and what’s going to happen next.
XRP Price Prediction: Delay in Inflation Report Will Spark New Trade War
Markets hate uncertainty, and there is plenty of it at the moment. Bureau of Labor Statistics postpones important September inflation report to October 24th Due to the government shutdown. That means investors are acting blind to one of the most important indicators guiding Federal Reserve policy.
Then came another shock. President Donald Trump reignites the US-China trade war 100% tariff on Chinese products from November 1st. In response, China restricted exports of rare earth minerals, a vital resource for U.S. high-tech manufacturing. Together, these developments are shaking global trust.
For crypto traders, this is more than just macro noise. Trade war and inflation uncertainty have a direct impact on risk appetite. When the global economy looks fragile, liquidity dries up and speculative assets like XRP are hit hardest.
How are macro events destroying XRP price sentiment?
The decline in XRP is not happening in isolation. Lagging inflation affects investors No updated CPI data To fix their expectations. If inflation rises higher than expected at the end of this month, the possibility of the Fed cutting rates further in October could disappear.
Tariffs, on the other hand, tend to push up consumer prices, meaning inflationary pressures increase just as the Fed attempts to ease policy. This combination is dangerous for cryptocurrencies, as rising inflation and rising tariffs both lead to a stronger dollar, further weighing down digital assets.
This means that until Washington provides clarity on inflation and trade, the market will be in risk-off mode and the XRP price will be caught in the crossfire.
XRP Price Prediction: Ongoing Breakdown
Now, let’s get technical. The daily XRP price chart shows a clear breakdown below the central Bollinger band around $2.82. The price is nearing the floor near $2.36, and the Heikin Ashi candlestick is flashing deep red, a strong indicator of continued selling momentum.
Earlier this week, XRP’s intraday wick even reached nearly $1.60 before buyers intervened. This is not random volatility, but a capitulation of panic selling. If the market decisively loses the $2.20 support, there is little to prevent a fall to the $1.50 to $1.00 zone. And as macro pressures escalate, that speculative $0.60 level becomes more realistic than most traders would like to believe.
Bollinger Bands are widening, confirming increased volatility. This setup is often done before a big directional move. Given the bearish fundamentals, the odds are leaning towards another drop before a meaningful recovery.
How the trade war will impact the broader crypto market
The threat of 100% tariffs is not just a China issue; it is also about investor confidence. As trade barriers rise, risk capital falls. The last time tariffs soared during President Trump’s first term, both global stocks and cryptocurrencies entered a correction phase.
If China retaliates by dumping U.S. debt or further tightening rare earth exports, it could trigger a new wave of global stock market declines. This is bad news for assets that are sensitive to Bitcoin correlations like XRP. While Bitcoin may find a safe haven, altcoins typically underperform in such macro turmoil.
Since XRP price momentum is largely driven by sentiment and liquidity, this macro tension can significantly amplify downside risk.
What can be done to prevent a complete collapse of XRP?
There is still a potential lifeline. If the CPI report (released Oct. 24) shows that inflation is cooling sharply, the Fed could justify further rate cuts by the end of the month. This would likely cause the dollar to fall, restore some risk appetite, and trigger a short-term rally in cryptocurrencies.
Technically, XRP could rebound towards the $2.80 to $3.00 resistance zone. However, the strength of the rally depends entirely on macro stability, not just the momentum of the cryptocurrency.
In other words, the rebound before the inflation data is likely to be a trap. Long-term investors should keep an eye on whether the support above $2.20 holds before assuming a bottom has been reached.
XRP Price Prediction: XRP’s Vulnerable Position in an Unstable Macro Storm
What this means in practice is that XRP prices are trading in a perfect storm – no reliable inflation data, a resurgence of the US-China trade war, and uncertainty about Fed policy. All three forces are compressing fluidity and increasing fear.
XRP’s chart structure looks fragile and its fundamentals are not strong enough to resist the global risk-off wave at the moment. There is a high possibility that the price will test $1.50, and if the macro environment worsens in late October, we cannot rule out the possibility of a temporary drop to $0.60.
That said, sharp declines often set the stage for explosive rebounds after clarity returns. For now, traders need to remain agile and avoid chasing every short-term pullback.
conclusion
October was a month of uncertainty. The CPI is unclear, there is no political consensus, and now the trade war is back. $XRP sits at the intersection of all these pressures. Volatile assets in an unstable world.
Unless inflation subsides and the Fed doubles down on easing, XRP’s path of least resistance will still be down. There may be a relief rally later this month, but for now the risk of another plunge, perhaps towards $0.60, is very real.