📉 XRP Bearish: The $1 Level Faces Another Test
As of 06:06 Beijing time on November 14, the XRPUSDT mark price was around 1.0085. Binance data (https://fapi.binance.com/fapi/v1/premiumIndex?symbol=XRPUSDT)
The price fell about 2.6% over the past 24 hours. Binance open interest (OI) declined 6%, down approximately $19 million, while the funding rate remained positive. Net aggressive trading flows in spot and futures were −$5.8 million and −$13.8 million, respectively, with sellers in control and deleveraging pressure still unresolved. Fund flow data (https://informateurcrypto.fr/en/crypto/xrp)
Total market trading volume over 24 hours was about $1.36 billion. The 4-hour RSI was 33.6, while the daily MACD histogram remained negative, so the rebound has yet to confirm a trend reversal. Trading volume (https://en.coinotag.com/cryptocurrencies/spot/XRP)｜Technical indicators (https://en.coinotag.com/cryptocurrencies/spot/XRP/technical-analysis)
Over the next 4–24 hours, the bias is for further downside: support is at 0.996–1.000, with 0.984 in view if that range gives way. Resistance is at 1.030; a breakout on strong volume and a sustained hold above that level would invalidate the bearish outlook, putting 1.054 in view. Oversold conditions could trigger a bounce; the key question is whether buying pressure can persist.
#XRP #XRPUSDT #合约数据 #MarketAnalysis
As of 06:06 Beijing time on November 14, the XRPUSDT mark price was around 1.0085. Binance data (https://fapi.binance.com/fapi/v1/premiumIndex?symbol=XRPUSDT)
The price fell about 2.6% over the past 24 hours. Binance open interest (OI) declined 6%, down approximately $19 million, while the funding rate remained positive. Net aggressive trading flows in spot and futures were −$5.8 million and −$13.8 million, respectively, with sellers in control and deleveraging pressure still unresolved. Fund flow data (https://informateurcrypto.fr/en/crypto/xrp)
Total market trading volume over 24 hours was about $1.36 billion. The 4-hour RSI was 33.6, while the daily MACD histogram remained negative, so the rebound has yet to confirm a trend reversal. Trading volume (https://en.coinotag.com/cryptocurrencies/spot/XRP)｜Technical indicators (https://en.coinotag.com/cryptocurrencies/spot/XRP/technical-analysis)
Over the next 4–24 hours, the bias is for further downside: support is at 0.996–1.000, with 0.984 in view if that range gives way. Resistance is at 1.030; a breakout on strong volume and a sustained hold above that level would invalidate the bearish outlook, putting 1.054 in view. Oversold conditions could trigger a bounce; the key question is whether buying pressure can persist.
#XRP #XRPUSDT #合约数据 #MarketAnalysis