Ripple (XRP) Price Cracks $1 for First Time Since August – Time to Buy the Dip?
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TLDR XRP dipped to an intraday low of $0.9967 on Nov. 13, its first trade under $1 since August. Exchange balances rose by 335.76 million XRP over three months. U.S. spot XRP ETFs have logged no inflows since Oct. 29. Analysts are watching $0.99 as the key support, with $0.80 as the downside level. Traders want a close above $0.99, and the August low of $0.9852 sits just below. XRP slipped below $1 on Friday, Nov. 13, for the first time since August. The token touched an intraday low of $0.9967 before bouncing back toward $1.02. At the time of writing, XRP traded near $1.01, down 0.8% on the day. Trading volume rose 26% to $2.46 billion, according to CoinMarketCap. The jump in volume appears to reflect selling.
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