XRP’s risk lies not only in the size of the drop, but also in rising volume as it falls.
The complete hourly candle from 21:00–22:00 UTC on November 14 closed at 0.9105 USDT, down 1.80% from 0.9272. Volume was about 4.82 million XRP, 2.15 times the average for the previous 20 complete hours. What we can confirm here is the increase in trading volume; this alone does not tell us who was selling or buying.
As of 22:02 UTC, spot was around 0.9060, down 10.77% over 24 hours. RSI(14) was around 16.1, but MACD remained below the signal line, and the close was also well below the EMA20 at approximately 0.9712. Oversold conditions are not evidence that the decline has stopped.
To the upside, first watch whether a complete hourly candle can close back above 0.9272 and whether the low stops moving lower; then watch for the moving averages to recover. To the downside, if price breaks below the recorded 24-hour low of 0.9034 and fails to reclaim it on a retest, there is still insufficient evidence to judge that it has stabilized. This low is not guaranteed to act as support, and moving averages can change.
The chart shows spot 1-hour candles; the XRPUSDT Perp card is a separate perpetual market, while the coin label is a spot-market entry point. For market observation only; this is not a buy or sell recommendation.
$XRP
The complete hourly candle from 21:00–22:00 UTC on November 14 closed at 0.9105 USDT, down 1.80% from 0.9272. Volume was about 4.82 million XRP, 2.15 times the average for the previous 20 complete hours. What we can confirm here is the increase in trading volume; this alone does not tell us who was selling or buying.
As of 22:02 UTC, spot was around 0.9060, down 10.77% over 24 hours. RSI(14) was around 16.1, but MACD remained below the signal line, and the close was also well below the EMA20 at approximately 0.9712. Oversold conditions are not evidence that the decline has stopped.
To the upside, first watch whether a complete hourly candle can close back above 0.9272 and whether the low stops moving lower; then watch for the moving averages to recover. To the downside, if price breaks below the recorded 24-hour low of 0.9034 and fails to reclaim it on a retest, there is still insufficient evidence to judge that it has stabilized. This low is not guaranteed to act as support, and moving averages can change.
The chart shows spot 1-hour candles; the XRPUSDT Perp card is a separate perpetual market, while the coin label is a spot-market entry point. For market observation only; this is not a buy or sell recommendation.
$XRP
