XRP Price Prediction: XRP Price Falls Toward $1.09 Ahead of US Inflation Data

Key takeaways

• XRP breaks $1.15 support and approaches $1.09
• November 10 inflation data threatens renewed market volatility
• Losing $1.08 could expose the psychological $1 level

XRP fell toward $1.09 on November 9, extending its latest selloff as investors prepared for a potentially decisive US inflation report that could influence Federal Reserve interest-rate expectations.

The move follows Sunday's XRP price outlook, which identified $1.15 as the immediate support zone. That level has now broken, shifting attention toward $1.08 and potentially $1.

XRP Price Prediction: Will $1.08 Hold or Is $1 Next?

XRP's short-term market structure remains bearish after a series of lower highs and lower lows.

The cryptocurrency briefly recovered toward $1.34 on November 4 before renewed selling pushed it below $1.20, followed by $1.15 and $1.10.

The latest decline follows an earlier 10% price crash that had already weakened market confidence.

Immediate support now lies around $1.08, matching the latest intraday low on major exchanges. A sustained breakdown could expose $1.05 before bringing the psychologically important $1 level into focus.

On the upside, XRP must first recover $1.10–$1.12 to demonstrate improving buying momentum. Stronger resistance remains around $1.15, which could now act as a selling zone after previously supporting prices.

A recovery above $1.15 would improve the short-term outlook, while reclaiming $1.20 could signal a more meaningful reversal.

<iframe src=”https://widgets.coincodex.com/w/9f20d097-88ef-4c3e-b2e2-5401426b3974?site=coinpaper&mode=light” width=”100%” height=”420” frameborder=”0” referrerpolicy=”no-referrer-when-downgrade” style=”border:0;background:transparent;border-radius:0px;”></iframe>US Inflation Report Could Trigger Another XRP Selloff

The next major market catalyst arrives Tuesday, November 10, when the US Bureau of Labor Statistics publishes October's Consumer Price Index at 8:30 a.m. ET.

The release follows stronger-than-expected employment figures that increased expectations of tighter Federal Reserve monetary policy.

As previously outlined in our inflation analysis, investors are particularly sensitive to economic data that could influence the next interest-rate decision.

Higher-than-expected inflation could support expectations of elevated borrowing costs, potentially weighing on cryptocurrencies and other risk-sensitive assets.

Conversely, cooler inflation could improve market sentiment and help XRP recover some recent losses.

However, a favorable CPI reading would not automatically reverse the existing downtrend.

XRP-Backed Lending Adds Another Risk During Price Decline

The selloff could also affect leveraged borrowers using XRP-linked tokens as collateral.

A recent lending analysis identified approximately $8.84 million in potential liquidations across 1,070 positions on Morpho if collateral prices fell another 10% from the November 6 snapshot.

Those figures represent a historical stress scenario, not confirmed liquidations caused by today's decline.

Meanwhile, the proposed XRPL lending upgrade remains below its activation threshold, limiting its relevance as an immediate market catalyst.

Longer-term network improvements also remain separate from today's macroeconomic selling pressure.