XRP Price Breaks Key Support as Sellers Stay in Control – What’s Next?

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TLDR

XRP trades near $1.09, about 32% below its October highs near $1.60. US spot XRP ETFs saw $10.4 million in net outflows on November 9. The Relative Strength Index (RSI) sits at 25.91, in oversold territory. Ripple reported an annualized product revenue run rate near $900 million. Immediate support sits at $1.05–$1.10, with resistance at $1.15–$1.18.

XRP is trading near $1.09 as the token tries to steady itself after a long sell-off. The price has dropped about 32% from its October highs near $1.60.

XRP Price

The November 9 chart showed XRP at $1.0876 after an intraday low of $1.0845. Buyers are now watching the area between $1.05 and $1.10.

US spot XRP ETFs recorded about $10.4 million in net outflows on November 9, according to Alpha Finance. Bitwise’s XRP ETF made up roughly $9.4 million of that total.

The outflows followed several sessions with no reported net flows. On October 29, the funds had taken in $8.4 million.

ETF Flows Still Positive Over Time

Even with the latest withdrawals, the longer record looks different. XRP ETFs have drawn about $1.72 billion in cumulative net inflows since their November 2025 launch.

The funds also posted about $8.9 million in positive net flows over the previous 30 sessions. That means recent demand has cooled but not reversed in total.

Ripple has kept announcing business deals during the price decline. On October 28, the company said its annualized product revenue run rate was approaching $900 million.

The firm also named partnerships with BNY, Robinhood and Coinbase. These cover custody, stablecoin distribution and settlement.

The Robinhood deal includes plans to bring RLUSD into financial services. The expanded BNY relationship focuses on custody and tokenized trade finance.

Aviva Investors also launched a tokenized share class of its £22 billion Sterling Liquidity Fund on the XRP Ledger in late October. Stablecoin and tokenized products on the ledger need little XRP beyond transaction fees.

Analyst Einstein (@EinsteinBTC1) said on X that XRP is nearing a key long-term zone on the weekly chart. He pointed to a multi-year ascending channel that he says remains intact.

$XRP is approaching a critical long term zone on the weekly chart.
A massive multi year ascending channel remains intact, and the next major move could be HUGE.
🔹 XRP Entry Zone: $1–$0.70
🔹 Critical Support: Rising channel support
🔹 Long Term Target: $6/$10
🔹 Potential… pic.twitter.com/L3at2paGlj

— Einstein 👑 (@EinsteinBTC1) November 9, 2026

Einstein listed an entry zone of $1 to $0.70, with rising channel support as the level to hold. His long-term targets are $6 and $10, which he framed as 600% to 1,000% upside.

XRP Ledger Activity Shows Mixed Data

DefiLlama data from November 10 shows about 65,799 active addresses on the XRP Ledger. The network handled 3.53 million transactions over 24 hours.

Source: DefiLlama

Decentralized exchange volume stood near $3.83 million. Total value locked in DeFi protocols was about $33.66 million.

The network’s stablecoin market cap was $953.48 million. RLUSD made up about 90.6% of that total.

Seven-day DEX trading volume fell 15.46%. Network usage continued even as that trading activity cooled.

On the chart, XRP broke below the $1.18–$1.25 support zone after rejection from $1.55–$1.65 in early October. The token has since printed lower highs and lower lows.

The MACD line sits at -0.0582, below its signal line at -0.0433. The histogram reads -0.0149.

The RSI at 25.91 is below the 30 mark that traders often read as oversold. A move above $1.20 would be the first step in improving the chart structure, with resistance next at $1.25–$1.30.

If XRP closes the day below $1.05, the next level in view is $1. That area supported the price during August’s consolidation, with $0.90–$0.95 below it.

Chart Analysis

XRP is sitting right on the $1.05–$1.10 shelf, and bulls have to defend it. RSI at 25.91 is deep in oversold land, but the MACD is still pointing down, so a bounce isn’t confirmed yet.