XRP Price Breaks Key Support as Sellers Stay in Control – What’s Next?
Image: CoinCentral
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. 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.
Read the full story on CoinCentralBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinCentral.
