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XRP tests key $1.14 support after dropping from $1.32, potential 13% rebound if holds.

Market News
10 Nov 2026, 11:32 WIB
Dailycoin
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Neutral
XRP tests key $1.14 support after dropping from $1.32, potential 13% rebound if holds.

XRP's price has fallen to around $1.16 after failing to maintain gains near $1.32 earlier in the week, focusing attention on a critical support level at $1.14. This level has been tested multiple times and could trigger a rebound of about 13% if it holds, potentially pushing the price back toward $1.30. However, XRP faces resistance near $1.30 and $1.35-$1.40, with recent price pressure evident on daily and weekly charts. Whale accumulation suggests some long-term holders are not selling, but the sustainability of a rebound depends on broader market demand and supply dynamics. Ripple's CTO noted limited influence over XRP's market price, highlighting the separation between corporate developments and market movements.

As of Nov 10, 2026 16:51 WIB, XRP trades at Rp19.680 on Pluang, showing a slight decline of 0.41% over the past day. The market cap stands at Rp1.246,17 trillion with a 24-hour trading volume of Rp43,04 trillion, reflecting active market participation. Notably, Pluang users exhibit a balanced order activity with 54% buying and 46% selling, while typical holding time is 73 days, indicating moderate investor confidence amid recent price fluctuations.

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