XRP -10.2% to $1.189 on Binance spot (18:00 KST), low $1.178 — steeper than BTC’s -5.9% as Nasdaq/AI risk-off spilled into crypto. No Ripple-specific shock reported.
Crowded longs still dominate: Binance futures acct L/S ~3.04 (4h), top trader pos ~2.23, funding +0.01%. OI value slid ~$454M → ~$401M over ~20h while leverage comes off. US spot XRP ETFs logged 3 straight sessions with no net inflows through Nov 5 (SoSoValue via TokenPost). ~$23M XRP futures liquidated in 24h, almost all longs (exchange aggregates).
Bull: reclaim $1.24 then 4h MA20 ~$1.27. Bear: daily close under $1.18 keeps the Aug zone near $1.00 in view. Crowded longs + stalled ETF bids = forced-sale risk if $1.18 fails — size risk, don’t chase.
$XRP $BTC
https://cryptoticker.io/en/xrp-price-drop-etf-standstill/
#WriteToEarn
Not financial advice. DYOR.
Still leaning long on $XRP after a double-digit day, or waiting for ETF flows to return?
Crowded longs still dominate: Binance futures acct L/S ~3.04 (4h), top trader pos ~2.23, funding +0.01%. OI value slid ~$454M → ~$401M over ~20h while leverage comes off. US spot XRP ETFs logged 3 straight sessions with no net inflows through Nov 5 (SoSoValue via TokenPost). ~$23M XRP futures liquidated in 24h, almost all longs (exchange aggregates).
Bull: reclaim $1.24 then 4h MA20 ~$1.27. Bear: daily close under $1.18 keeps the Aug zone near $1.00 in view. Crowded longs + stalled ETF bids = forced-sale risk if $1.18 fails — size risk, don’t chase.
$XRP $BTC
https://cryptoticker.io/en/xrp-price-drop-etf-standstill/
#WriteToEarn
Not financial advice. DYOR.
Still leaning long on $XRP after a double-digit day, or waiting for ETF flows to return?
