Price: $1.247 - $1.25
Current: $1.2476 - $1.25
24H: -0.44% to -1.34% 🔴
24H range: $1.20 - $1.32
Week: -5.3% | Month: -16% to -18.7%
Year: -32% | From ATH $3.65: -65%
Market cap: $78.6B - $82.9B (ranked 5th)
🔥 Why is it down?
Look at Binance:
The hacker stole 233.46 million XRP worth $297M on October 29
XRP fell from $1.3444 (on the day of Ripple's Swell conference) to $1.20 in one day -10.7%
$1.57B liquidated across the entire market
Technical analysis - very bearish:
🔴 Below all moving averages:
EMA 20: $1.34 | EMA 50: $1.39-1.41 | EMA 200: $1.27-1.36
XRP is currently below everything = bearish correction
RSI 36-43 (close to oversold)
Stochastic 30/29 = weakness
Levels:
Support: $1.20 (held up today; touched $1.2002 and bounced) > $1.18 > $1.16 > $1.10 > $1.04 > $0.99
Resistance: $1.26-$1.27 (200-day) > $1.28-$1.30 > $1.33-$1.37 > $1.40
It needs to close above $1.3012 to turn bullish
The current bounce to $1.25 is facing a wall of resistance at $1.26-$1.30
News:
✅ Positive: Ripple has an approved national bank charter as of October 26 + $900M revenue + RLUSD at $2.6B + BNY Mellon custody
❌ Negative: ETF outflows of $496K on October 30, 1B XRP unlock coming November 1 + XRPL fixCleanup update on November 4
Scenario:
Short term: fluctuating between $1.20-$1.32 (45% probability)
If it breaks below $1.20: target $1.16, then $1.10, then $1.00
If it passes $1.32: target $1.38-$1.42, then $1.45-$1.50
Some analysts expect $4.11 if correction $XRP
Wave 2 (231% rise) is complete, but this is conditional$
Current: $1.2476 - $1.25
24H: -0.44% to -1.34% 🔴
24H range: $1.20 - $1.32
Week: -5.3% | Month: -16% to -18.7%
Year: -32% | From ATH $3.65: -65%
Market cap: $78.6B - $82.9B (ranked 5th)
🔥 Why is it down?
Look at Binance:
The hacker stole 233.46 million XRP worth $297M on October 29
XRP fell from $1.3444 (on the day of Ripple's Swell conference) to $1.20 in one day -10.7%
$1.57B liquidated across the entire market
Technical analysis - very bearish:
🔴 Below all moving averages:
EMA 20: $1.34 | EMA 50: $1.39-1.41 | EMA 200: $1.27-1.36
XRP is currently below everything = bearish correction
RSI 36-43 (close to oversold)
Stochastic 30/29 = weakness
Levels:
Support: $1.20 (held up today; touched $1.2002 and bounced) > $1.18 > $1.16 > $1.10 > $1.04 > $0.99
Resistance: $1.26-$1.27 (200-day) > $1.28-$1.30 > $1.33-$1.37 > $1.40
It needs to close above $1.3012 to turn bullish
The current bounce to $1.25 is facing a wall of resistance at $1.26-$1.30
News:
✅ Positive: Ripple has an approved national bank charter as of October 26 + $900M revenue + RLUSD at $2.6B + BNY Mellon custody
❌ Negative: ETF outflows of $496K on October 30, 1B XRP unlock coming November 1 + XRPL fixCleanup update on November 4
Scenario:
Short term: fluctuating between $1.20-$1.32 (45% probability)
If it breaks below $1.20: target $1.16, then $1.10, then $1.00
If it passes $1.32: target $1.38-$1.42, then $1.45-$1.50
Some analysts expect $4.11 if correction $XRP
Wave 2 (231% rise) is complete, but this is conditional$
