The Fed held rates steady on October 28 (with a 10–2 split vote). After a brief rebound, the crypto market weakened, with $XRP down about 3% over the past 24 hours, underperforming BTC and ETH and hitting an intraday low near $1.29. Technically, XRP has fallen below its 7-, 20-, and 50-day moving averages. The 50-day moving average at $1.40 and the 200-day moving average at $1.28 form clear resistance and support levels, respectively. $1.25 is a key support level the market is watching closely, while $1.40 is a cluster of resistance coinciding with the moving averages. In the short term, price action looks more like range-bound trading than a directional move. Capital flows offer little fresh impetus: total assets in U.S. spot XRP ETFs fell from $1.7 billion on October 6 to $1.469 billion, with net outflows of $3.61 million on October 26. This suggests holders are not rushing to redeem, but new buying has clearly slowed. With the interest rate outlook uncertain and buying stalled, XRP’s return above $1.40 will depend on a broader recovery in risk appetite. Which matters more to you: its technical support or the warning sign from ETF outflows?