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XRP price steadies near $1.31 as large holders increase accumulation amid selling pressure.

Technical Signals
05 Nov 2026, 12:40 WIB
Zycrypto
View Source
Bullish
XRP price steadies near $1.31 as large holders increase accumulation amid selling pressure.

XRP's price recovered slightly to around $1.31 after a recent dip, with large holders controlling nearly 68.5% of the supply, indicating strong accumulation despite price weakness. Analysts note that while some wallets have decreased, overall whale accumulation is rising, which may support price stability or recovery. A decline in XRP derivatives exposure suggests easing pressure on leveraged positions, potentially setting the stage for a rebound. Technical indicators and historical consolidation patterns also hint at possible upward momentum if key support levels hold.

XRP's market cap stands at Rp1.508,7 trillion as of Nov 05, 2026, 18:01 WIB, with a circulating supply of 63.4 billion XRP, representing 64% of the total supply. The token's price on Pluang is Rp23.960, showing a 2.09% increase in the last day, while trading volume reached Rp42,95 trillion. Despite a high sell order activity at 69%, the typical hold time of 73 days suggests steady investor interest during this period.

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