XRP (XRP): daily brief · Nov 7, 2026
Technicals
Price is ~8% below the 200-day MA (~$1.27). It is also below the 100-day ($1.31) and 50-day ($1.38). The 200-week EMA is ~$1.36.
Daily RSI: 33–42 depending on source (U.Today 33.2; CoinCentral and CoinGape 42).
Resistance: $1.19–1.20 · $1.22 · $1.26–1.27 · $1.34–1.36
Support: $1.1588 (long-liquidation cluster) · $1.15 · $1.09–1.11 (78.6% Fibonacci, Aug 20 low) · $0.98–0.99
Fundamentals and on-chain
XRP ETFs: $0 net flow on Nov 3, 4, 5 and 6, after −$0.5M on Nov 2, so no inflows since Oct 29. AUM fell to $1.34B from $1.425B on lower prices, not redemptions. October inflows were only $18.8M, vs $121.4M in September.
Whales: ~60M XRP bought over 7 days (Ali Martinez). 418.5M XRP left Binance on Nov 4, the largest outflow in 9 months (CryptoQuant). 1M+ XRP wallets are at a 2026 high.
Escrow: 1B XRP released on Nov 1. No relock figure found.
Regulation: the CLARITY Act stalled after a 49–50 Senate vote and may lapse when the new Congress starts on Jan 3, 2027.
Ripple/RLUSD: no new items beyond the morning (C2FO supplier payments, Robinhood access, OCC trust bank approval).
Derivatives: $16.75M liquidated on Friday, 95.5% longs, 2.7× the weekly average. The OKX long/short ratio rose to 4.3 (from 3.9). OKX OI is $117M (−11% since Nov 4). Funding is ~+0.008%/8h.
Top news
XRP is pinned at $1.15–1.20 after its first daily close below $1.19 since August.
A full week without XRP ETF inflows.
The CLARITY Act could lapse on Jan 3.
Social sentiment is at its lowest since July, which Ali Martinez reads as a possible contrarian signal.
Forecasts
🟢 Bullish: $1.26–1.36 if XRP reclaims $1.20–1.22 and then the 200-day MA.
⚪ Base: $1.15–1.22, a range while ETF flows stay at zero.
🔴 Bearish: $0.98–1.11 on a daily close below $1.15, which would flush crowded longs.
Analysts: CoinGape needs a reclaim of $1.36 for recovery and sees $0.98 if the selloff continues. Standard Chartered’s January target for 2026 was $8.
Upcoming events
Mon Nov 9, 02:00: weekly close
Mon Nov 9, ~23:00 or later: ETF flow data after the US close
Tue Nov 10, 15:30: US October CPI
Tue Dec 1, ~02:00: monthly 1B XRP escrow release
The key question: longs keep crowding in while ETF demand is at zero. Does $1.15 hold through the weekly close, or does a long squeeze push XRP toward $1.10?
Market overview, not investment advice.