$XRP sits at its lowest zone since late August
XRP trades near 1.161 (-1.5% 24h, H 1.182 / L 1.150) on Binance spot at 10:16 KST Nov 8 (01:16 UTC). The Nov 7 daily low of 1.150 is the weakest since Aug 20, after price lost the Nov 6 low of 1.178.
Trend (4h): price is below MA20 ~1.212 and MA50 ~1.241.
Positioning (Binance futures, 4h): account long/short 2.80 vs top-trader positions 2.15, funding about +0.009%, open interest flat near $387M-$398M. Long-heavy retail positioning in a downtrend can add pressure if support breaks.
Levels to watch (speculative, not a trade setup):
- Support 1.150; a 4h close below would print fresh multi-month lows
- Bulls need a reclaim of 1.178-1.182, then 4h MA20 ~1.21
Source: Binance public market data
Not financial advice. DYOR.
#XRP #CryptoMarket #WriteToEarn
XRP trades near 1.161 (-1.5% 24h, H 1.182 / L 1.150) on Binance spot at 10:16 KST Nov 8 (01:16 UTC). The Nov 7 daily low of 1.150 is the weakest since Aug 20, after price lost the Nov 6 low of 1.178.
Trend (4h): price is below MA20 ~1.212 and MA50 ~1.241.
Positioning (Binance futures, 4h): account long/short 2.80 vs top-trader positions 2.15, funding about +0.009%, open interest flat near $387M-$398M. Long-heavy retail positioning in a downtrend can add pressure if support breaks.
Levels to watch (speculative, not a trade setup):
- Support 1.150; a 4h close below would print fresh multi-month lows
- Bulls need a reclaim of 1.178-1.182, then 4h MA20 ~1.21
Source: Binance public market data
Not financial advice. DYOR.
#XRP #CryptoMarket #WriteToEarn