• XRP traded at $1.096 early on Tuesday and near $1.0956 at publication, 18% under $1.34.

• XRP Ledger activated the fixCleanup3_4_0 amendment on November 4, removing a token minting flaw.

• XRP's relative strength index has dropped below 30, into oversold territory.

Under the Moving Averages

The XRP price traded a shade under $1.10 on Tuesday, positioned between the $1.075 shelf beneath and the $1.15–$1.20 band above. The quote read $1.096 in the session's early hours and $1.0956 at the time of writing, down 1.1% over 24 hours, with XRP's capitalization near $69.4 billion and about $1.4 billion traded across the market over the past day. Every major moving average sits overhead, and the position has held through the first days of November. The $1 threshold has become the market's central test for the asset. Selling pressure gathered strength across the altcoin market at the start of November, and it bears down hardest on XRP, NEAR, Hyperliquid and Stellar. The four names entered the month after strong autumn runs, and the retreat has taken back a large share of those gains. A recovery attempt carried XRP to $1.34 earlier this quarter. It did not hold. Price turned back from there and has worked lower since, approaching the region where the summer decline was stopped. The loss measured from $1.34 runs near 18%. The downside ladder runs in order: $1.075 first, then the $1.03–$1.05 range, then the $0.99–$1.00 band. The last of those holds the round number, the level that draws the most clustered interest. On the upside, a return to $1.15–$1.20 matters for the short term. A firmer change of direction would need the $1.30–$1.35 band. That is where the recovery attempt topped out, and reclaiming it would put the failure behind the market. Two conditions would steady the picture, and the market names both. One is a sequence of higher lows on the chart. The other is a stronger footing on fundamentals. Neither is in place yet.

The November 4 fixCleanup3_4_0 Amendment

Behind the chart, the XRP Ledger, the layer 1 blockchain protocol recording XRP transactions and network asset movements, absorbed a technical change on November 4. The fixCleanup3_4_0 amendment went live that day. It closed a flaw under which accounts granted burn authority in certain conditions could also mint tokens on the ledger. The change did not touch XRP's native supply. Earlier commentary tied the ledger's fortunes to the token's own, arguing XRPL success would hand XRP a significant value share. On momentum, the relative strength index has dropped below 30, the conventional oversold line. An oversold print alone has not been read as enough for a recovery. One prior review of this market counted XRP higher after 12 of 17 oversold readings since 2023. NEAR handed back most of its September climb, sliding to $3.66 on November 9 after trading near $6 in October, about 39% below its local peak. Volume weakened alongside the slide, which leaves larger orders exposed to slippage. Bitwise, the asset manager that builds digital asset investment products, launched a spot NEAR ETF on September 29. As of November 5 the fund held 15.69 million NEAR worth $58.21 million, and it reported 99% of the portfolio staked. HYPE changed hands near $75, and flow data showed selling outweighing buy-side support. The nearest zones sit at $72–$73 beneath and $78–$80 above, with $68 further down as a longer-term average area. XLM fell below $0.15, about 37% beneath its September peak of $0.235, and it trades under all of its major moving averages. The network's next dated item is the Bell Protocol 30 update, scheduled for a vote on November 23. The package carries muxed contract addresses for multi-user transactions through one smart contract address, plus post-quantum signature verification and millisecond ledger timing. The $1 area carries a longer shadow as well: Standard Chartered's scenario work paired a $28 XRP forecast with a $1 bear case for 2030.

The composite support and resistance scoring behind our XRP technical analysis page grades each level from 0 to 100 on the indicators meeting there. It puts the $1.0823 floor at 97/100 and the $1.1254 ceiling at 99/100, the two strongest lines either side of the market. Positioning under those lines is one-sided: funding runs at 0.0068% on perpetuals, and the long/short account ratio reads 3.63, with 78.4% of accounts long. A crowded long book under a 99-scored ceiling is the first detail that would change the picture. The measured distance is short: the live quote at $1.0956 sits about $0.013 above the floor and $0.03 beneath the ceiling.