Bitfinex XRP short positions have surged by 652.89% to 468.2 million, coinciding with XRP's price falling below $1.20 and approaching the critical $1 level. Despite bearish technical signals and XRP's weakening against Ethereum, on-chain data shows significant XRP outflows from exchanges and increased whale holdings, indicating tightening supply. The Binance Scarcity Index also reached its highest level since 2022, suggesting reduced selling pressure. This divergence creates uncertainty, as short sellers betting on further declines could face a sudden price rebound if supply continues to tighten.
XRP trades at Rp21.212 on Pluang as of Nov 07, 2026 16:21 WIB, down 1.86% in the last day. The market shows a strong buying interest with 68% of orders on Pluang being buys. Typical holding time for XRP investors on the platform is 73 days, indicating a medium-term investment horizon.
A crypto enthusiast projected a hypothetical XRP price of $254, based on a historical percentage gain similar to XRP's 2014-2018 rally. This would imply a fully diluted market valuation of about $25.4 trillion, assuming the token's maximum supply of ...
XRP fell to $1.1518, its lowest since August 20, triggered by a $16 million forced liquidation of long positions in a long squeeze. Despite the sell-off, many traders continue to hold leveraged long bets, raising the risk of further forced sales if t...
Crypto analyst Dark Defender highlighted that XRP needs to break above the $1.56 level to initiate a rapid upward move called "Grand Wave 3." Key resistance levels are identified at $1.8815 and $2.9032, while support lies at $1.2939 and $1.2133. The ...
XRP experienced a $30 million liquidation cascade over five days, trapping its price at $1.1799. This was triggered by a sudden price reversal after initial optimism, causing a long squeeze where overleveraged buyers were forced to close positions, e...
XRP has experienced 11 consecutive red three-day candles, which analyst EGRAG CRYPTO sees as a possible turning point in its price trend. The analysis uses Heikin Ashi candles to smooth out short-term price fluctuations and highlights key price level...
