XRP fell to $1.1518, its lowest since August 20, triggered by a $16 million forced liquidation of long positions in a long squeeze. Despite the sell-off, many traders continue to hold leveraged long bets, raising the risk of further forced sales if the price falls below $1.15. The $1.15 level is critical; a close below it could open a drop to $1.09 or lower, while a close above $1.20 would signal recovery. This movement was driven by broader market pressures, not Ripple-specific news, and highlights the ongoing volatility and leverage risks in XRP trading.
XRP is trading at Rp21.168 on Pluang as of Nov 07, 2026 14:21 WIB, showing a 0.93% decline in the last day. The platform records a market cap of Rp1.335,9 trillion and a 24-hour trading volume of Rp43,83 trillion. Despite recent volatility, 68% of Pluang users are buying XRP, with a typical hold time of 73 days.
Crypto analyst Dark Defender highlighted that XRP needs to break above the $1.56 level to initiate a rapid upward move called "Grand Wave 3." Key resistance levels are identified at $1.8815 and $2.9032, while support lies at $1.2939 and $1.2133. The ...
XRP experienced a $30 million liquidation cascade over five days, trapping its price at $1.1799. This was triggered by a sudden price reversal after initial optimism, causing a long squeeze where overleveraged buyers were forced to close positions, e...
XRP has experienced 11 consecutive red three-day candles, which analyst EGRAG CRYPTO sees as a possible turning point in its price trend. The analysis uses Heikin Ashi candles to smooth out short-term price fluctuations and highlights key price level...
A recent chart analysis of XRP indicates it is in a phase called manipulation, following an initial expansion phase. This pattern resembles an earlier rally phase, which some traders interpret as a bullish sign. However, this is a technical reading a...
The Binance Scarcity Index for XRP has reached its highest level since 2022, indicating fewer XRP tokens are available for trading on the exchange. On November 4, Binance experienced a significant withdrawal of 418.5 million XRP tokens, marking its l...
