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XRP price drops over 3% amid $10.4M ETF outflows and bearish technical signals.

Market News
11 Nov 2026, 07:04 WIB
Crypto news
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Bearish
XRP price drops over 3% amid $10.4M ETF outflows and bearish technical signals.

XRP's price fell more than 3% to around $1.06 on November 11, marking a weekly loss of 15.4% and a monthly decline nearing 25%. This drop coincides with $10.42 million in net outflows from US spot XRP ETFs, primarily from Bitwise. Despite the price fall, Binance traders remain bullish, with XRP's funding rates hitting a one-year high. Technical indicators show bearish momentum, with XRP trading below key moving averages and support at $1.05 critical; a break below could test the $1 psychological level.

As of Nov 11, 2026 12:11 WIB, XRP trades at Rp19.017 on Pluang, down 3.65% in the last day. The platform shows a market cap of Rp1.216,64 trillion and a 24-hour trading volume of Rp49,04 trillion. Despite the recent price drop noted in the news, typical hold time on Pluang remains relatively long at 73 days.

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