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XRP price drops to $1.08, nearing a key support level amid market sell-off.

Market News
09 Nov 2026, 13:30 WIB
Bitcoin
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Bearish
XRP price drops to $1.08, nearing a key support level amid market sell-off.

XRP fell to $1.08 on November 9, its lowest since August, after sliding from $1.55 in early October amid a broader crypto market downturn. Polymarket traders now assign a 49% chance that XRP will hit $1 by the end of November, reflecting growing bearish sentiment. Despite some positive news for Ripple, including regulatory progress in Brazil and a national trust bank approval, XRP's price continues to struggle with declining demand and heavy selling pressure. Analysts warn that further downside toward $1 or even $0.90 is possible, with momentum indicators showing the token is oversold but still vulnerable to further drops.

XRP's recent price drop to $1.08 is mirrored on Pluang, where as of Nov 09, 2026 18:42 WIB, XRP trades at Rp19.646, down 6.84% in the past day. Despite the sell-off, Pluang users show a majority buy interest at 62%, with a typical hold time of 73 days, indicating some investors remain optimistic amid the volatility. The token's market cap stands at Rp1.246,52 trillion with a 24-hour volume of Rp48,62 trillion, reflecting active trading.

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