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XRP Price Prediction: Will Buyers Defend the $1.31 Fair Value Gap Ahead of FOMC?

XRP's recovery toward the $1.34 breaker block has stalled due to severe selling pressure. CoinGlass data shows a substantial liquidity imbalance between the ask-wall and bid-wall, with the net flow for large trades still negative. As the Federal Open Market Committee (FOMC) decision approaches, XRP's ability to hold and defend the $1.31-$1.32 fair value gap (FVG) could determine the continuation of the recovery toward $1.38 or a pullback to lower liquidity near $1.3031. XRP has recovered from its October 24-26 lows, trading at nearly $1.33 as of October 28, 2026, with recent peaks at over $1.34. The immediate focus for bulls is the $1.31-$1.32 FVG, where buyers were able to intervene and preserve the recovery structure. A successful defense of the FVG would allow the long-term higher-low sequence to remain intact, while a break below the range could indicate a lack of demand and a further pullback.

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