Overview
- The token dipped to an intraday low of $0.9967 on Nov. 13 and traded as low as about $0.98 on Nov. 14, marking the first time it slipped beneath the $0.985 August 2026 floor since the 2024 advance.
- Daily momentum is deeply oversold with the RSI around 19–21 and price sitting below short-, medium- and long-term moving averages inside a yearlong descending channel, which keeps the overall trend bearish.
- On-chain and market flows are mixed: exchange balances rose by roughly 335.8 million XRP over three months, U.S. spot XRP ETFs recorded about $18.6 million of outflows in November, and reported Coinbase net buying over two days contrasted with broader selling.
- Analysts say a confirmed daily close below $0.98 on higher volume would substantially raise the chance of a move toward $0.80 or the weekly $0.84–$0.90 band, while a close back above about $1.01 with RSI recovery would point to a wick and possible short-term relief.
- For traders and investors this means higher short-term liquidation risk and thin near-term support on the daily chart, while longer-term levels and Ripple’s infrastructure gains remain relevant background factors to watch.