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XRP price drops 8.3% to $1.20, lowest since August, triggered by Wall Street sell-off and no ETF inflows.

Market News
06 Nov 2026, 09:19 WIB
CryptoTicker
View Source
Bearish
XRP price drops 8.3% to $1.20, lowest since August, triggered by Wall Street sell-off and no ETF inflows.

XRP fell 8.3% to $1.20 on November 6, 2026, marking its lowest level since August 20. The decline was triggered by a broad sell-off on Wall Street, especially in tech and semiconductor stocks, which spilled over into the crypto market. Additionally, XRP spot ETFs in the US saw no new inflows for three consecutive days, removing a key source of buying support. The price also dropped below its 200-day moving average, signaling a weakening trend, while derivatives data shows a high number of long positions that risk forced liquidations if the price falls further. The next key support level is around $0.99, but recovery depends on stock market stabilization and renewed ETF demand.

On Pluang, XRP trades at Rp21.333 as of November 6, 2026, 14:31 WIB, down 10.51% in one day. The platform shows a market cap of Rp1.377,78 trillion and a 24-hour trading volume of Rp54,43 trillion. Sell orders dominate at 66%, with typical holders keeping XRP for about 73 days.

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