• XRP fell 11% in a week and 20% in a month, its weakest stretch since February.

• XRP dropped about 14% since November 5, erasing the week's gains.

• A rebound toward $1.30-$1.34 failed and price retreated to $1.24.

XRP Loses 11% in a Week

XRP has entered its weakest stretch since February, down 11% over the past seven days and 20% over the past month. The token was changing hands near $1.12 when the latest session figures were compiled earlier on Monday; the XRP price now sits close to $1.09, 5.8% lower across 24 hours. That places the asset within roughly 10% of the $1 mark, a level market participants treat as the next major test. Since November 5 alone, XRP has shed about 14%, giving back the entirety of the gains built up during the week.

The rebound attempt that preceded this slide was short-lived. A brief push directed at the $1.30 to $1.34 range failed to hold, and the price quickly retreated to the $1.24 area. That retreat opened the door to the selling that followed, and short-term recovery expectations have weakened along with it. Whether buyers can defend the $1 level stands as the central test for the token's near-term direction, because the zone carries weight on both the psychological and the support and resistance side. COINOTAG's recent coverage marked XRP's $1 zone back in play after a 3% slide to $1.15, and the market has since moved closer to answering that question.

If the price does reach $1, an immediate strong recovery is not the base expectation. The fundamental drivers capable of carrying the asset back to its more significant market levels remain limited, and the broader atmosphere is not working in buyers' favor. On the upside, the $1.20 area stands out as the first meaningful target should buyers regain strength: many investors accumulated XRP at that level in the past, so sellers looking to exit at breakeven could concentrate there, making the same zone a potential barrier to advances and an important threshold on the way down. In the near term, the two developments that matter are the formation of higher lows and an improvement on the fundamental side; until either gains traction, the correction looks set to stay in place.

Security Concerns Rise After the Binance Attack

The weakness has not been confined to XRP. Anxiety across the crypto market has risen in the aftermath of the attack on Binance, which ranks among the world's largest exchanges by trading volume. Bitcoin has faced the risk of slipping below the $70,000 threshold, while Ethereum has struggled to hold its ground around $2,200. Neither development is an XRP problem in isolation, but together they describe a market in which risk appetite has been shrinking.

A sequence of security-related incidents across the sector has compounded that caution. Investors have grown more defensive in this environment, and selling pressure has accelerated in the assets that carry the highest volatility. Faster selling combined with rising trading volume has a second-order effect as well: it thins order books, raises slippage risk for larger orders, and makes short-term reaction rallies less capable of changing the overall picture on their own. XRP's failed push toward $1.34 earlier in the week fits that pattern, arriving while the broader tape was already deteriorating. Relative performance tells a similar story. COINOTAG's recent coverage tracked how the token trailed Bitcoin by 8% across seven days of altcoin selling, an underperformance consistent with a market rotating away from higher-risk positions. Derivatives reporting from the same desk showed that XRP trading volume fell 58% as long bets were liquidated, evidence that leveraged longs were flushed during the downdraft rather than defended.

For holders, the practical consequence is that rebounds now require either a stabilization in the security picture or fresh fundamental demand, neither of which is currently visible. Ethereum's struggle near $2,200 and Bitcoin's defense of $70,000 will shape how much appetite returns to altcoin positions in the sessions ahead. Until one of those conditions appears, bounce attempts are likely to be sold into, and the correction that took hold after November 5 remains the operative trend.

RSI at 26 Confirms the Downtrend

Where the price goes from here depends on a handful of levels. Composite scoring puts the strongest support at $1.0522, scored 81 out of 100, with a second shelf at $1.0908 at 74, while resistance at $1.1404 carries a 95/100 mark, a shelf where Bollinger Bands, the pivot point and Fibonacci retracements converge. Momentum confirms the downtrend: the relative strength index reads 26.17, deep in oversold territory, and the MACD signal remains bearish. Positioning is the wildcard. The long/short account ratio of 3.43 shows accounts heavily skewed long, and with spot down 5.90% at $1.0949, a break of $1.0908, then $1.0522, could force a faster flush toward the $1.0075 level. The bearish reading breaks only if XRP reclaims $1.1404 with funding turning higher from the current 0.0029%; these levels and the indicators behind them are tracked in detail in our XRP technical analysis (as of 09:29 UTC).