Ripple’s XRP traded between $1.04 and $1.06 on November 10 and 11, 2026, following a steep market selloff that left sellers in control. With the $1.00 mark emerging as a crucial benchmark, analysts and traders are watching to see if this level will hold, while longer-term projections are now pointing to a potential support range between $0.77 and $0.87.

XRP breaks below $1.15 support, testing new lows

Technical analysis from X user @MstrTranquility highlighted a significant breakdown below the $1.15–$1.18 support area on XRP’s 12-hour chart. This shift saw immediate attention turn toward the $1.00–$1.03 zone as the next major area of demand, after the prior support failed to withstand the recent selling pressure.

The analyst noted the breakdown’s importance, explaining that the previous support zone could now turn into resistance during any recovery. Unless buyers regain momentum and reclaim these lost levels, the chart will likely continue to favor sellers.

XRP’s structure remains cautious, as the $1.00 support is not yet a confirmed bottom. Market participants are advised to monitor for signs of seller exhaustion and buyer absorption before anticipating a reversal.

Market participants are specifically monitoring signals such as seller exhaustion, which refers to weakening downward momentum, as well as buyer absorption, which occurs when new demand absorbs sell pressure. A sustained shift in these metrics could indicate the beginnings of a potential trend change.

For now, until clear evidence of support emerges at the $1.00 area, the lower support band remains only a possible downside target.

Mini dictionary: Market Structure Shift (MSS) identifies key changes in price trends by marking transitions from bullish to bearish conditions or vice versa. This technical indicator can help traders spot early signals of reversals.

Daily chart breakdown exposes $0.85 downside risk

A separate technical review, highlighted by X user @Carolinatcwnl, outlined further bearish risks. After slipping below $1.23 on the daily chart, XRP now faces a series of potential downside targets at $1.00, $0.95, and $0.90, with a deeper area of interest between $0.85 and $0.88.

The analyst cautioned traders against premature dip-buying, emphasizing the need to see strong evidence of selling exhaustion, support stabilization, and clear reversal signals before considering renewed bullish momentum.

Additional losses may occur if buyers cannot preserve the $1 threshold, with the next support levels further below. A robust defense of $1 is seen as critical to avoid exposure to these projected lows.

Recent market figures highlight this vulnerability. XRP’s market capitalization fell from about $80.99 billion on November 3 to $60.99 billion by November 10, losing nearly $20 billion within seven days. During the same timeframe, 24-hour trading volumes dropped to approximately $2.74 billion, down 21.2%.

Meanwhile, US-based spot XRP exchange-traded funds recorded $10.42 million in net outflows on November 9, according to SoSoValue.

These combined data points suggest weakening demand as selling pressure mounts across the broader cryptocurrency market. Nonetheless, declining volume and ETF outflows alone do not determine how far XRP’s price could ultimately fall.

The technical picture continues to hinge on whether XRP can stabilize or whether its downward trajectory persists.

Historical analysis points to $0.77–$0.87 as long-term support

TradingView analyst KooksooTrade mapped out a longer-term scenario, identifying a support band between $0.77 and $0.87 based on XRP’s behavior during previous bear-market cycles. The analysis referenced the coin’s tendency to approach key ascending trendlines during pronounced market declines.

KooksooTrade projects that XRP could revisit this range in November or December 2026 before potentially beginning the next cycle of growth, which is suggested to extend into 2029.

This scenario is based on historical price movements; past interactions with trendlines have sometimes marked market lows ahead of multi-year uptrends. Still, these historical references serve only as guidance and do not guarantee a repeat of previous patterns.

If XRP fails to sustain prices above $0.90 after breaking through key support at $1.00, the historical trendline range of $0.77–$0.87 may become increasingly relevant for medium- to long-term traders. The exact magnitude and timing of any such decline will remain subject to broader market sentiment and liquidity conditions.

Mini dictionary: TradingView is a widely-used platform for charting, technical analysis, and sharing financial market insights. Analysts on TradingView publish charts and predictions that are closely followed by traders in crypto and traditional finance sectors.

XRP outlook: All eyes on the $1 level

The central question for traders is whether buyers can sustain XRP above the $1.00–$1.03 region, which now stands as a focal point following recent technical breakdowns. A firm hold above this area could allow for price consolidation and begin a recovery toward former resistance levels at $1.15–$1.18 and $1.23.

If downward momentum persists, a clear close below $1.00 may expose XRP to the $0.95 and $0.90 ranges, with further downside risk extending to $0.85–$0.88 and the historically highlighted $0.77–$0.87 zone.

The technical outlook for Ripple’s digital asset remains cautious. Buyers will need to demonstrate renewed strength, as indicated by positive shifts in structure and demand, before any reversal of the prevailing bearish trend can be expected. For now, the $1 threshold remains a key reference point for both traders and analysts watching XRP’s next move.

You Might Also Like

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign in to your account