XRP market price and chart price tested the $1.05 region on November 10 as a week-long decline continued, with derivatives positioning contracting and daily momentum indicators entering oversold territory. At 14:15 UTC, Coinalyze’s Bitstamp XRP/USD technical dashboard quoted $1.06030, down 3.02% over 24 hours and 15.05% over seven days.
Separately, CoinGlass showed approximately $2.38 billion in XRP futures open interest and $10.66 million in rolling 24-hour liquidations, with long positions accounting for around 96% of the liquidated value. The figures describe different market subsets and nearby, not identical, observation times. They do not establish that leverage was the sole cause of XRP’s decline.
XRP Price Slides Toward One Dollar Support Zone
The Bitstamp XRP/USD price series examined by Coinalyze showed a 24-hour range of $1.04899 to $1.11572 and a seven-day high of $1.34000. Its reported decline of roughly 15% across seven days places the $1.05 area in immediate focus, because the latest observed low was only fractionally beneath that round-number reference. A trade below a prior low does not, by itself, demonstrate that sellers can sustain a breakdown through the next daily close.
The nearest observed downside reference is the $1.04899 low. If XRP closes convincingly below that area and selling continues, $1.00 becomes a psychologically important level to monitor, not a verified buy-order floor. On the upside, an initial recovery would need to challenge approximately $1.08 to $1.09 before buyers could test the previous 24-hour high near $1.116. The precise levels can vary between exchanges, and intraday prices should not be confused with confirmed daily closing support.
Daily RSI Signals Heavy Selling Without Reversal Confirmation
Coinalyze’s daily 14-period relative strength index registered 24.16 at its 14:15 UTC update, below the commonly watched 30 threshold. An oversold reading measures the intensity of recent price weakness; it does not guarantee a bottom. The same Bitstamp-based dashboard placed XRP below its 50-day simple moving average of approximately $1.3550, 100-day average of $1.3129 and 200-day average of $1.2646. Price remaining below all three describes a damaged trend even if a short-term rebound occurs.
The 50-day average was still above the 200-day average in that calculation, so the evidence does not justify describing a fresh bearish crossover. XRP was also below the reported daily lower Bollinger Band near $1.0847, another sign that the drop had extended beyond its recent trading envelope. Buyers would need more than a single oversold reading to establish a durable reversal: sustained closes back within that band, improving momentum and recovery through nearby prior highs would provide clearer evidence.
A separate Binance XRP/USDT indicator calculation for the last completed daily candle, November 9 UTC, placed MACD at about -0.0573 against a signal line near -0.0430, leaving a negative histogram around -0.0143. That is a closed-candle Binance reading, not a current TradingView or Bitstamp MACD reading. Its bearish relationship is consistent with the broader downtrend, but differences in venue, candle cutoff and calculation history matter.
For the full original XRP/USD daily chart, readers can view the TradingView XRP/USD price chart. The previously embedded live chart has been removed. A source-original, time-stamped static snapshot will be inserted here when available and verified.
XRP Futures Open Interest Shrinks As Longs Liquidate
The CoinGlass XRP spot and futures dashboard reported about $690.56 million in tracked 24-hour spot turnover and $2.80 billion in futures turnover near its 14:14 UTC data update. Futures activity was therefore about four times the tracked spot turnover. Different venue coverage means this ratio should not be interpreted as the percentage of XRP trading that involves leverage across the entire market.
CoinGlass reported open interest of about $2.38 billion, down approximately 4.62% over 24 hours, as XRP itself declined. Lower prices alongside shrinking open interest are consistent with positions being closed or liquidated. They do not reveal every trader’s motive or show that all outstanding contracts are bearish. CoinGlass separately displayed about $10.18 million in long liquidations out of $10.66 million total, making the forced-closure imbalance particularly pronounced during the reported window.
Its open-interest-weighted funding rate of approximately 0.0072% remained positive, below the displayed 0.01% reference. A positive rate means the represented perpetual markets still carried some cost to hold long exposure at that observation point. It does not contradict the long-liquidation figure: funding represents a contract-pricing mechanism, whereas liquidations reflect forced position closures over a rolling window. The distinction is also discussed in BlockBriefing’s perpetual funding-rate explainer.
XRP ETF Redemptions Add To Weak Market Sentiment
For the completed U.S. trading session on November 9, CoinGlass’s XRP ETF summary reported approximately $10.42 million in net outflows. The fund-flow figure is historical and should not be presented as a continuously updating November 10 cash withdrawal. It indicates net redemptions for the tracked products during that reporting period, not proof that the identical dollar amount of XRP was sold immediately on public exchanges.
Fund redemptions occurred against a broader atmosphere of risk aversion that has also affected other digital assets. BlockBriefing’s earlier report on the recent crypto-market selloff examined the interaction of exchange-traded fund flows, futures positioning and cross-market volatility. No single one of these factors can quantify what proportion of XRP’s latest drop was caused by institutional transactions. Separately, Ripple’s corporate revenue outlook is relevant background on the company but should not be mistaken for direct evidence of XRP token demand.
Analyst Posts Require Verification Before Any Market Conclusions
Two social-media posts supplied for this report are linked below, one from Crypto Tony on November 10 and another from Ali Charts on November 8. Their original post text and attached charts could not be independently retrieved through the available source access. No price target, technical pattern, quotation or prediction is therefore attributed to either analyst in this edition. Readers should consult the posts directly and distinguish any scenario they describe from the exchange and derivatives measurements above.
The embedded posts are supplied for source inspection rather than as independently confirmed chart evidence.
Bullish XRP Recovery Requires More Than Oversold Readings
A constructive short-term scenario begins with XRP recovering the $1.08 to $1.09 area, which includes the reported lower daily Bollinger Band and nearby trading levels. Clearing the previous 24-hour high around $1.116 with sustained participation would offer a stronger indication that buyers are regaining some control. The 10-day simple moving average near $1.1892 is a more distant moving reference, not an immediate price objective or guaranteed destination.
Even a rebound into those areas would leave XRP below the much higher 50-, 100- and 200-day simple averages recorded in the snapshot. A meaningful medium-term improvement would require a sequence of stronger closes and higher lows, ideally alongside stabilizing open interest and renewed spot participation. Oversold markets can rebound sharply while remaining in downtrends.
Bearish Scenario Focuses On Recent XRP Trading Lows
The bearish case strengthens if XRP fails to reclaim the $1.08 to $1.09 region and records a sustained break beneath the observed $1.04899 low. Under that condition, market participants may focus on the round $1.00 reference, although no verified order-book concentration has been established there in this research. Another rise in long liquidations could intensify volatility, but the timing and magnitude of any further move cannot be predicted from current open interest alone.
For now, the balance of the measurable evidence remains weak: price is below major daily averages, daily RSI is oversold rather than bullish, and derivatives exposure has contracted. The next reliable change in that assessment would come from completed price candles, improving spot-market participation and a sustained recovery of lost levels, not from an isolated social-media forecast.
How The Market Data Snapshot Was Verified Today
Market-data cutoff: November 10, 2026, 14:15 UTC. XRP/USD price changes, highs, lows, daily RSI and moving averages refer to Coinalyze’s Bitstamp-based update at 14:15:03 UTC. CoinGlass figures were observed from its XRP market page showing a data update at approximately 14:14 UTC (22:14 UTC+8); these are rolling market measures and may already have changed. The MACD observation applies to the separate completed November 9 Binance XRP/USDT market price and chart daily candle. Daily ETF flows relate to November 9 U.S. trading, not the developing November 10 session.
The original TradingView price chart is linked, but a genuine, time-stamped static TradingView snapshot was not obtainable for this revision. No live chart is embedded. CoinGlass data is linked directly, because a reliably captured original CoinGlass chart image was not available. The two X links are embedded without unverified attribution of their content. No unavailable on-chain exchange-flow statistics have been invented.
Risk disclaimer: Cryptocurrency markets are volatile, and technical indicators and historical fund flows are not investment advice or assurances of future performance.
