XRP has shown more resilience than some other cryptocurrencies during the recent market correction but has not yet confirmed a bottom. Its main support range between $1.10 and $1.29 is being tested for the second time, with key Fibonacci retracement levels marking this zone. The price decline from August appears to be a three-wave correction, which does not confirm a strong uptrend continuation. A clearer five-wave advance would indicate a stronger recovery, while the current pattern suggests a weaker rebound may be underway.
As of Nov 05, 2026 12:02 WIB, XRP trades at Rp23.711 on Pluang, showing a 1-day gain of 2.87%. Despite the recent market correction discussed, XRP's market cap stands at Rp1.502,77 trillion with a 24-hour trading volume of Rp51,29 trillion. Pluang data also shows a majority of sell orders at 69%, with typical holders keeping XRP for about 73 days.
Crypto commentator Virtual Bacon suggests XRP's price may have bottomed near $1, revising his downside target to $1.10 from $1.20. However, he warns that XRP tokens linked to the Binance hack could enter the market, adding selling pressure since thes...
XRP saw the largest 24-hour increase in open interest at 4.56% among five major crypto perpetual futures, including Bitcoin, Ether, Solana, and Dogecoin. All assets had a positive funding rate of 0.0100% per eight-hour period, favoring short position...
XRP's price has moved above the upper Bollinger Band on its four-hour chart following a period of very low volatility, known as a squeeze. This breakout is seen as a possible sign of a bullish trend forming, similar to a previous setup in August that...
RLUSD's total supply on the XRP Ledger fell by over 30% to $850 million, while its supply on Ethereum rose by 34% to $1.7 billion, signaling a shift in stablecoin activity. Despite this, XRP wallets holding over 1 million tokens reached a 2026 high o...
David Schwartz, Ripple's CTO emeritus, highlighted that increasing use of the XRP Ledger (XRPL) could drive higher demand for XRP due to its unique roles in liquidity, trading, and transaction fees. He emphasized XRP's advantages, such as acting as a...
