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XRP nears key $1 level as whales buy $72 million

XRP is trading near $1.06, close to the $1.00 level that supported its August rally. Whale buying of $72 million and a 5% rise in shark wallets come as bears press harder on the price.

Illustration: A miniature fairground of clay stalls and tiny wooden games, each with a different colored canopy, photographed from above at a slant.
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XRP has fallen since a failed attempt to break higher in early November. The token slipped below $1.10 and is now trading around $1.06.

The price is moving toward $1.00, a zone of demand that formed the base of the sharp August rally. Buyers need to stop the sell-off there, and the coming sessions will show whether they can.

XRP$1.03down −24.49%over 1 month
$1.37$1.0314 Oct13 Nov

Prices by CoinGecko. Past moves say nothing about future ones.

Whales have bought $72 million worth of XRP, and shark wallets have grown 5%. Analysts describe the $1.00 area as a make-or-break zone as bears press their case.

$1,000 in XRP

Had you put $ into XRP a month ago, it would be worth – now.

From the prices in the chart, before any fees or taxes. Not a suggestion to buy or sell.

GuideCrypto Fear and Greed Index today: how fearful or greedy the crypto market is

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This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake

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