XRP below $1.30: what matters before Wednesday's Fed decision

XRP lost the $1.30 mark overnight into October 27, 2026 and slipped as far as $1.28. By the afternoon the price was back at $1.32, 1.3 percent above where it stood 24 hours earlier. The day was not a collapse, then, but a brief puncture to the downside that the market picked back up. What triggered it was a wave of forced closures on the long side, and that wave has run its course.