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XRP falls below $1 due to forced liquidation of leveraged long positions, risking further decline.

Market News
14 Nov 2026, 01:24 WIB
CryptoTicker
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Bearish
XRP falls below $1 due to forced liquidation of leveraged long positions, risking further decline.

XRP dropped below $1 for the first time since August as leveraged long positions were force-closed, causing a cascade of sell-offs that pushed the price down. Over $18 million worth of XRP positions were liquidated within 24 hours, mostly longs betting on a price rise. This breakdown near the key $1 level triggered many stop-loss and liquidation orders, amplifying the decline. Without a recovery above $1.04, further drops toward $0.90 or lower are possible, with investors urged to carefully manage leverage and check provider licenses under EU regulations.

As of Nov 14, 2026 06:41 WIB, XRP trades at Rp18.392 on Pluang, down 2.35% in the last day. The platform shows a market cap of Rp1.170,55 trillion and a 24-hour trading volume of Rp45,49 trillion. Despite the recent price drop below $1 noted in the news, Pluang users currently hold XRP for an average of 73 days, with buy orders outnumbering sell orders at 61% to 39%.

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