XRP fell to about $1.08 on Nov. 9, its lowest level since August. Polymarket traders now price a 49% chance that it touches $1.00 before November ends, while spot XRP ETFs recorded zero net flows from Nov. 3 to Nov. 6.
XRP fell to about $1.08 on Nov. 9, its lowest since August, after sliding from $1.55 in early October. Polymarket traders put the odds of XRP touching $1 before November ends at 49%, against 6.9% for $0.80.
XRP drops under $1.10 in a marketwide sell-off
XRP dropped under $1.10 during Sunday's marketwide flush, and the token is trading near $1.08, down about 6.7% over 24 hours. The drop came as crypto liquidations topped $1 billion yesterday.
Analyst Casitrades had cited $1.10 as a level where the decline may pause. However, she said XRP could see another test of $1.10, potentially pushing lower, with new lows eyeing $1.00 or $0.90.
Support levels keep failing
XRP first fell from around $1.55 in early October to near $1.17 by Nov. 7, as open interest dropped 12.36%. Chartist Ali Martinez argued on Sunday that a hold of $1.14 could send XRP back toward $1.30, but the token broke that level within hours.
Demand from the regulated side has offered little help. Spot XRP exchange-traded funds recorded zero net flows from Nov. 3 to Nov. 6, and October inflows sank to $18.8 million from $121.4 million in September.
Meanwhile, a 14-day relative strength index sits near 28. Investors treat anything under the 30 level as oversold.
Santiment tracks a call for $0.99
Santiment has been tracking a call for XRP to reach about $0.99, one that resolves on Nov. 19 and is invalidated by a close above $1.36. Among the most profitable XRP wallets Santiment follows, only one was long as of Nov. 6, while three active shorts had added about 2.1 million XRP since late October.
Larger holders tell a different story. Wallets holding at least 1 million XRP reached 2,147 last week, their highest count of 2026.
Source: Bitcoin News
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