XRP jumped 4.87% after August CPI held inflation at 3.4%. Here’s what the charts show about the next move for XRP price.
XRP price rose after Friday’s CPI print. The token was changing hands at $1.3996, up 4.87% at the time of writing.
Price action told an interesting story. XRP opened the day at $1.3346, then pushed as high as $1.4336 before hitting resistance. Sellers showed up right there, and that pullback has put $1.43 as a key level.
Inflation data came in largely as expected, yet one detail inside the report is already shifting rate expectations across markets.
XRP Price Analysis: Eyes on Key $1.43 Resistance
XRP has been climbing back from its August lows near the $1.00 mark.
The token first surged toward the $1.50 to $1.55 zone. This was before settling into a consolidation at roughly $1.35 and $1.50. Friday’s rally pushed price back into the upper half of that band.
The $1.43 mark is the immediate hurdle. Closing above it would strengthen the case for a retest of the $1.50 to $1.55 zone.
So far, that hasn’t happened. The pullback from $1.4336 shows sellers are still active near the top of the range. This means the bullish move remains unconfirmed.
Ichimoku data adds more detail. XRP price is testing resistance between $1.397 and $1.400, with support sitting lower at $1.3716 and again between $1.343 and $1.344.
Holding above $1.40 is the key thing to watch now if this momentum is going to stick.
The RSI backs that up somewhat, sitting at 56.63. That’s above the neutral 50 mark, but still below its own average of 59.96, so momentum’s there but not fully convincing yet. This points to cooling momentum after the sharper August rally.
Read also – SGX Wins CFTC Approval for Bitcoin, Ethereum Futures: What’s Next for Prices?
Hot Inflation Data Shifts Fed Rate Expectations
CPI rose 0.4% in August, holding the annual rate at 3.4%, right in line with forecasts. Gas prices did most of the damage, up 3.9% and responsible for over a third of the gain.
Core inflation, though, kept cooling. It fell to 2.4% year over year, the lowest since March 2021, even as the monthly core reading edged up 0.3%, just above expectations.
That one detail changed the tone in rate markets.
According to CNBC, CME FedWatch data showed roughly 90% odds of a 25 basis point Fed rate hike. Higher rate expectations typically tighten financial conditions and weigh on risk assets, crypto included.
XRP’s gain on the day suggests buyers absorbed that pressure for now.
Trader Rain noted that Fed hike odds moved from a coin flip to 70% within two weeks, driven partly by a hot PPI print that sent 30 year yields to a 19 year high.
Fed hike odds went from a coin flip to 70% in two weeks.
This is the real story behind $BTC briefly dropping under $77K, not the candle itself.
Hot PPI pushed 30-year yields to a 19-year high. Brent crude ripped past $107.
Oil feeds inflation, inflation feeds hike bets,… pic.twitter.com/UWNCzN0LnK
— Rain (@raintures) September 11, 2026
Rain also pointed to Brent crude pushing past $107, tying rising oil prices back into the broader inflation and rate story. According to the post, Bitcoin ETFs saw $120 million in outflows on Wednesday even as XRP, Ethereum, and Solana funds took in fresh money the same day.
Where’s XRP Price Headed Next?
XRP-focused analyst Dark Defender said XRP completed Wave 1 on the daily timeframe before entering consolidation. His chart identifies a bull flag pattern and places $1.33 as the key support level.
Dark Defender also identified $1.88 as the target if the green support zone remains intact. His analysis shows XRP continuing to move within the green support area around the 50% Fibonacci level near $1.29.
XRP formed Wave 1 on the daily time frame & continued consolidating.
We see the sinusoidal (up-and-down, like a radio wave) movement inside the green zone, which is normal.
The Bull Flag pattern continues, so we can expect a strong reversal as long as the green zone is intact.… pic.twitter.com/XjlPwnuYQP
— Dark Defender (@DefendDark) September 11, 2026
For XRP, the immediate technical levels remain clear. Resistance is at $1.397 to $1.400, followed by $1.4336 and then $1.50 to $1.55.
On the downside, $1.3716 provides the first support. $1.343 to $1.344 offers a stronger level. The $1.3150 daily low provides another downside reference.
A clean break above $1.4336 would put the $1.50 to $1.55 range back in play for XRP bulls.
If it drops below $1.3716, it would tilt momentum to the downside, opening the door to $1.344 and possibly $1.3150 next. Dark Defender’s $1.33 support level remains another key marker for the broader technical setup.
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