XRP News Today: Why XRP Is Down – 10 November 2026

XRP news today centers on a continued sell-off, with XRP trading at $1.10 and down 1.09% over 24 hours, its weakest stretch since August according to analysts. Traders are now watching Tuesday's US inflation report for direction.

Large Transfers to Exchanges and Forced Liquidations

On-chain data from CryptoQuant shows roughly 691 million XRP, worth more than $900 million, moved into Binance within 24 hours on 8 November. It was the largest single-day whale deposit to the exchange since 2024 and surpassed the record set during the February 2026 market capitulation. CryptoQuant analyst Darkfost noted that deposits do not confirm actual selling, and that Binance reserve replenishment after the 29 October hack could explain some of the transfers (Coinpedia).

Leveraged traders took heavy losses in the same window. Nearly $39 million in long positions were liquidated on 8 November, compared with about $366,000 in shorts, according to CoinGlass. XRP has now fallen for five consecutive days after breaking below $1.26 support (BeInCrypto). Prediction market Polymarket priced a 49% chance that XRP touches $1.00 before November ends (Briefly).

XRP ETF Flows Stall

US spot XRP ETFs recorded a net outflow of $529,510 on 2 November, driven by Canary Capital's XRPC fund. Net flows were zero on 3, 4, 5 and 6 November, so the funds have gone a full week without a dollar of inflows (Bitcoin.com News). Cumulative inflows since the November 2025 launch remain near $1.81 billion, and net assets stood at about $1.34 billion on 6 November (Analytics Insight).

Regulatory and Ripple Developments

Ripple received final OCC approval for Ripple National Trust Bank on 26 October, covering management of RLUSD reserves and fiduciary custody (Troutman Pepper Locke). Coinbase announced on 9 November that it had received final OCC approval for Coinbase National Trust Company, which became effective on 6 November (Coin Courier).

On 8 November, Ripple engineering director Vijay Khanna said the company has "big plans for performance improvements lined up for 2027," but he gave no targets or dates (ICOBench). On the XRP Ledger, the lending amendment remained at 60% validator support as of 8 November, eight votes short of the threshold (CoinPaper).

Macro Backdrop and Sentiment

The October US CPI report is scheduled for 10 November at 8:30 a.m. Eastern Time (CoinGabbar). Market observers say a hotter-than-expected reading could strengthen expectations of a December rate hike, which has weighed on crypto assets this year (Trading News).

Derivatives data shows open interest falling to $2.48B over the two-day window, while retail traders remain heavily long. The Fear and Greed Index reads 31 (Fear), and the largest single liquidation of $22.47M occurred at 8:00 PM UTC on 8 November. Analysts are watching whether the $1.10 to $1.18 zone holds as support.

XRP price today is $1.10, down 1.09% over 24 hours. No single documented trigger explains the move. It reflects a broad crypto sell-off, unwinding leveraged long positions, and weak ETF demand, with XRP falling further than most of the market over the past week.

Broader Crypto Risk-Off

A tech selloff weighed on risk assets, with Nvidia down more than 4% in pre-market trading. Only five of the top 100 cryptocurrencies were up 1% or more over 24 hours, according to FXStreet. Whale Alert put total crypto market value at $2.57 trillion, with heavy ETF outflows across the sector, as noted in its market report.

XRP has underperformed the market over longer periods. Its 7-day change of -11.94% and 30-day change of -21.50% compare with a 24-hour move that is modest by comparison. XRP is also 69.85% below its all-time high of $3.65.

Leveraged Longs Unwound

Derivatives data shows the decline was driven mainly by long liquidations. Of $6.89 million in total XRP liquidations across Binance, Bybit and OKX over 24 hours, $6.32 million (91.7%) were longs. Open interest of $2.48B fell 9.91% over the two-day window, which points to traders closing positions rather than new shorts being opened.

The long-to-short ratio on CoinGlass dropped to 0.89, approaching its lowest level in more than a month, according to CoinJournal. Funding remained positive but modest, so leverage was not overheated. Positioning was still crowded, with 74.6% of Binance XRPUSDT accounts long, which left the market exposed when price slipped.

Weak ETF Demand and Exchange Flows

US spot XRP ETFs recorded net outflows of $529,510 in the week ended 6 November, all from Canary's XRPC on 2 November, per Gate News. Net flows were zero from 3 to 6 November, the longest zero-flow streak since August. Monthly inflows fell to $18.8 million in October from $121.4 million in September.

On-chain flows added pressure. About 691 million XRP, roughly $900 million, moved into Binance in 24 hours, the largest single-day inflow since 2024. XRP deposits made up 59.5% of Binance deposit transactions, the highest share since October 2024, as reported by CryptoRank. Deposits to exchanges often signal intent to sell.

Technical Levels and Macro Catalyst

XRP broke below $1.2520 support and touched $1.07 to $1.08, its lowest level since 19 August, per 24/7 Wall St.. The $1.00 psychological level is the next watched area, according to FXStreet. Gate News reported an RSI of 26.53 and a bearish MACD.

The US October CPI report is due on 10 November at 8:30 ET, with consensus at +0.3% month on month for the headline, according to Forex.com. Traders priced about 80% odds of a Fed rate hike next month after a stronger-than-expected jobs report, a backdrop that keeps risk assets under pressure.

XRP market sentiment is bearish-leaning. Social mood is at its weakest since July, and leveraged longs are being unwound, while institutional flows and on-chain activity offer a partial counterweight. The read draws on X posts from 3 to 10 November 2026, derivatives data, ETF reports and news coverage, but the social sample is small and several claims come from single accounts.

Social and Community Mood

Santiment data shows XRP social sentiment fell below neutral in early November to its lowest level since July. Earlier data put the bullish-to-bearish comment ratio for XRP at 0.61, compared with 0.69 for Bitcoin and 1.14 for Ethereum. Community friction has also grown. David Schwartz said he had started blocking users who posted insults on X, and spam within XRP discussions rose.

Holder sentiment on X has turned more defensive. On 9 November, @SunnyGirlecp described long-term holders moving from bullish to doubtful or exiting and flagged $1.00 as a psychological barrier. An 8 November poll by @XRP_Avengers on exit prices from $100 to $10,000 drew 471 likes, which points to anchoring on prior-cycle expectations.

Bullish and Bearish Narratives

The constructive case rests on institutional access and utility. @RipBullWinkle reported $1.6B in cumulative net inflows into U.S. spot XRP ETFs, and @swagxrp cited RLUSD transfers rising 900% to $20.1B in October. Bullish commentators describe recent weakness as a shakeout.

The bearish case centres on price structure and value capture. @Steph_iscrypto quoted a former Goldman Sachs analyst calling XRP a "falling knife" with a $0.30 downside warning. @Jetpack_JO questioned whether Ripple's growth reaches holders, citing limited burn impact and Ripple's holdings of roughly 36.8B XRP, mostly escrowed.

Derivatives and Trader Positioning

Open interest stands at $2.48B, down 13.18% from a seven-day high of $3.03B. Falling open interest alongside a declining price indicates longs closing positions rather than new shorts entering. Of the $6.89M in liquidations over the past 24 hours, 91.7% came from longs. Over seven days, liquidations totalled $68.48M, with the largest single event at $22.47M on 8 November.

Funding remains positive at 0.0079% per eight hours, with all 21 readings over the week positive. That level is well below the 0.03% threshold associated with overheated leverage. On Binance, 74.6% of accounts in the XRP USDT market are long, and the seven-day average long share was 73.4%. Contrarian frameworks treat sustained readings above 65% long as a warning, so the crowd remains one-sided while the price falls. The Fear & Greed Index reads 31 (Fear), down 7 points over the past week.

ETF Flows and Exchange Activity

U.S. spot XRP ETFs recorded no net flows from 3 to 6 November, after a roughly $530,000 outflow on 2 November. Fund net assets fell to $1.34B from $1.57B on 21 October. CryptoQuant reported roughly 691 million XRP, over $900M, flowing to Binance in one day, the largest such inflow since 2024.

Whale accumulation data points the other way. Analyst Ali Charts cited about 60 million XRP bought over seven days, and whale holdings rose from 2.35B to 2.63B XRP between 3 and 5 November.

Recent Sentiment Shifts and Drivers

Tone moved from neutral market overviews on 4 and 5 November to more emotionally charged reflection from 8 to 10 November. The shift accelerated after XRP broke support near $1.24 during a broader sell-off. Reported catalysts include the Democratic sweep of Congress, which reduced expectations for the CLARITY Act, and a weak Nasdaq session that pulled crypto lower. Evernorth, the Ripple-backed XRP treasury company, has fallen nearly 47% since its October listing, and a filing registered 73.7 million shares for potential resale.

XRP support and resistance levels remain tilted to the downside as of 10 November 2026, with XRP at $1.10 and down 1.09% over 24 hours. The token trades 69.85% below its all-time high of $3.65, and the 7-day change of -11.94% and 30-day change of -21.50% show the decline has been building for several weeks.

Key support levels

• $1.10–$1.12: Cited as major Fibonacci and structural support, and the immediate test for XRP.
• $1.11: Lower Bollinger Band and daily pivot.
• $1.02–$1.09: Support zone in CoinCheckup's model.
• $0.99–$1.00: The August low and a psychological level. A loss of this zone would open the next leg lower.

Key resistance levels

• $1.14–$1.17: The 20-week EMA zone, with the Ichimoku Kijun at $1.166 inside the band.
• $1.19–$1.20: The 7-day SMA sits at $1.19, and $1.20 is flagged as the pivot between a rebound and further downside.
• $1.21–$1.22: Former support that now acts as resistance after the breakdown.
• $1.26–$1.27: The 20-day SMA at $1.26 and the 200-day SMA at $1.27.
• $1.31–$1.40: The 100-day MA area and the 50-day SMA at $1.38, which together form the major resistance band.

Indicators

Momentum

Daily RSI readings ranged from 25.76 to 29.9 across 9 November sources, which places XRP in oversold territory. The 4-hour RSI is about 32. Weekly RSI sits at 42.8 and 45.16, which is neutral and not oversold. The daily MACD histogram is negative and widening, which keeps sellers in control.

Moving averages

Price trades below the 7-, 20-, 50-, and 200-day SMAs. The 50-day SMA still sits above the 200-day SMA, a configuration that keeps the medium-term trend bearish. A cluster of 50-, 100-, and 200-day EMAs between $1.303 and $1.368 caps rebounds.

Chart patterns

On the hourly chart, a double bottom has formed, but it carries limited weight on its own. The daily chart shows XRP breaking a falling channel in early November, then being rejected near $1.257. A possible inverse head-and-shoulders bottom has been flagged by an analyst, but the pattern is unconfirmed. On the longer timeframe, a multi-year ascending triangle has rising support at $0.75–$0.80 and flat resistance at $3.00–$3.50.

Volume analysis

The 24-hour volume of $3.10B confirms that the move is backed by meaningful participation. Open interest stands at $2.49B, down 16.84% over 30 days, which points to longs closing positions rather than new shorts building. Liquidations reached $65.12M over seven days, with the largest single event at $23.27M on 8 November. The Fear & Greed Index is at 31, in the Fear zone.

Outlook

• Short term (hours to days): The bias is bearish. Oversold readings raise the odds of a relief bounce toward $1.21–$1.22, but that move would still face resistance near $1.27.
• Medium term (weeks): The structure stays bearish until XRP reclaims the 200-day SMA near $1.27 and the 50-day SMA near $1.38. The $1.25–$1.32 band is the zone that would need to hold for a trend change.