$XRP is trading at 1.0448 (-1.33%), near the low of 1.0311. The price is below all EMAs and the Supertrend on the 1h, 4h, and 1d charts; daily RSI(6) is at 11.73.
Background: On November 10, XRP Ledger co-founder David Schwartz said he had reduced his personal XRP holdings from approximately 26 million to around 3 million (and sold almost all of his BTC and ETH), but retained his stake in Ripple shares. This drew criticism from holders; a direct impact on the price has not been proven. Meanwhile, the XRPL lending protocol (LendingProtocol) received 22 of 35 validator votes, and SingleAssetVault received 23. Launch requires 29 votes for two consecutive weeks.
Binance data:
Spot: 24-hour turnover of 92,18 million XRP (about 97,5 million $), net outflow of -735 303 XRP (about 768 thousand $). Large orders: buys of 49,92 million versus sells of 49,13 million XRP (+789 490 XRP, about 825 thousand $); medium orders: -526 590 XRP (about 550 thousand $). Over 5 days, large orders totaled -31,83 million XRP (about 33,3 million $).
Futures: open interest 316,8 → 318,7 million $ (about +0,6%). Retail long/short ratio: 3,02; top traders by positions: 2,04; by accounts: 3,71. Strong long bias, which creates liquidation risk if the price falls. Funding rate: +0,00807%, below the baseline of 0,01%.
1h: below EMA(21) 1,0526, EMA(50) 1,0646, EMA(200) 1,1372, Supertrend 1,0710, RSI(6) 38,69.
4h: below EMA(21) 1,0785, EMA(50) 1,1331, EMA(200) 1,2552, Supertrend 1,1056.
1d: below EMA(21) 1,1970, EMA(50) 1,2741, EMA(200) 1,3441, Supertrend 1,2127.
🔴 If 1,0372 and 1,0311 are breached, there is a risk of a move toward 1,0000, then 0,9862.
🟢 If 1,0311 holds and the price settles above the 1h EMA(21) at 1,0526, a move toward 1,0646–1,0710 is possible.
My position: waiting for 1,0311 to hold
