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 levels at $0.98, $1.65, and zones between $1.42-$1.48 and $1.05-$1.16. The scenario suggests a potential rise to $1.48-$1.50 followed by a retest of lower support levels, possibly forming a second macro double bottom. Confirmation of this trend reversal depends on a completed green candle on the three-day chart.
While XRP has faced 11 consecutive red three-day candles, on Pluang as of Nov 07, 2026 08:51 WIB, XRP trades at Rp21.350 with a 1-day decline of 3.08%. Despite this drop, the platform shows a strong buy interest at 68% compared to 32% sell orders, and XRP's market cap stands at Rp1.355,58 trillion. This contrasts with its 64% circulating supply of the total 100 billion XRP, indicating substantial liquidity and investor engagement during this period.
A recent chart analysis of XRP indicates it is in a phase called manipulation, following an initial expansion phase. This pattern resembles an earlier rally phase, which some traders interpret as a bullish sign. However, this is a technical reading a...
The Binance Scarcity Index for XRP has reached its highest level since 2022, indicating fewer XRP tokens are available for trading on the exchange. On November 4, Binance experienced a significant withdrawal of 418.5 million XRP tokens, marking its l...
On November 4, Binance recorded an outflow of 418.5 million XRP tokens, the largest single-day withdrawal in about nine months, valued at approximately $540 million. This outflow surpassed a previous large withdrawal of 315 million XRP on October 29....
The XRP Ledger's native lending system proposal has reached 60% validator approval, with 21 out of 35 validators supporting it. This upgrade, known as XLS-66, would enable fixed-term loans on-chain using pooled digital assets, expanding XRPL's use be...
XRP is experiencing a sharp increase in short positions, rising over 650%, as its price falls below key support levels toward $1. Despite this bearish momentum, on-chain data shows significant whale accumulation and a reduction in XRP supply on excha...
