After a sharp selloff and rebound, XRP has been trading in a very tight range between $1.008 and $1.05 for about 16 hours, showing little movement. This price compression suggests a standoff between buyers and sellers, with the next decisive break above $1.05 or below $1.008 likely to trigger renewed volatility and determine XRP's next major move. A breakout above $1.05 could signal bullish momentum, while a drop below $1.008 might lead to further selling pressure. The situation is critical as XRP recently hit its lowest daily close of 2026, but institutional interest and tokenization activity on the XRP Ledger add a positive backdrop. Traders are watching closely for a catalyst to end the deadlock and set the direction.
In the past 24 hours, Bitcoin (BTC) and Solana (SOL) experienced net inflows of $52.31 million and $34.23 million respectively, indicating increased investor interest. Meanwhile, Ethereum (ETH) saw the largest net outflow of $39.61 million, suggestin...
Dogecoin (DOGE) saw the largest 24-hour increase in futures open interest, rising 2.43% to $197.2 million, with a high funding rate of 0.0100% per eight hours, indicating strong long position dominance at 71.6%. In contrast, Bitcoin and Ether experie...
In October, the RLUSD stablecoin supply on the XRP Ledger sharply declined by $284 million, dropping about 28.7% to 707 million tokens. This reduction was due to large transactions returning RLUSD to its issuer, though the exact reasons remain unclea...
Analyst ChartNerd suggests XRP might have to return to a lower historical range against Bitcoin (BTC) before it can regain strength. By comparing XRP/BTC performance with XRP/USD price history, the analyst identifies past periods where XRP's price bo...
New account creation on the XRP Ledger surged 142.4%, signaling renewed ecosystem interest despite XRP's price remaining weak near $1.25. The spike to 7,734 new accounts on November 1, 2026, is driven possibly by tokenized assets, stablecoins, and De...
