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XRP price drops near $1.15 as large holders accumulate 16.5M tokens amid balanced buying and selling.

Technical Signals
09 Nov 2026, 14:11 WIB
Tokenpost
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Neutral
XRP price drops near $1.15 as large holders accumulate 16.5M tokens amid balanced buying and selling.

XRP, Ripple's native token, fell toward $1.15, a level not seen in months, as large holders added nearly 16.5 million tokens following a rejection near $1.34. A trading measure indicating balance between aggressive buying and selling moved closer to 1.0 while XRP's price declined. Social sentiment around XRP weakened to its lowest since July, with uncertainty about whether the price has bottomed. Analyst Dark Defender highlights $1.12 as key support, maintaining the broader Elliott Wave structure if XRP stays above this level.

XRP trades at Rp19.740 on Pluang as of Nov 09, 2026 19:23 WIB, down 6.44% in the past day. Despite the recent price drop noted in the article, Pluang users show a buying interest with 62% of order activity favoring buys. The token's market cap stands at Rp1.246,89 trillion, reflecting significant scale amid the ongoing price fluctuations.

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