XRP revisits $1 support as analysts weigh a possible double bottom
XRP traded at $1.035 after a 15.89% weekly decline, prompting renewed analysis of support near $1.03–$1.04.
XRP traded at $1.035 after a 15.89% weekly decline, prompting renewed analysis of support near $1.03–$1.04. XRP (XRP) is trading at $1.04, up 0.3% since this brief published. This is an original TLT brief synthesising 2 outlets (The Crypto Basic, The Coin Republic), plus live market data, as of Thu, 12 Nov 2026 23:30:06 UTC.
XRP is testing a price area associated with a possible double-bottom structure, while reported spot accumulation and nearby resistance will determine whether a recovery attempt gains technical confirmation.
- XRP holds near the $1.03–$1.04 support area
- A possible double-bottom structure is under examination
- Resistance is identified near $1.12
- XRP is down 15.89% over seven days
The Crypto Basic and The Coin Republic both report that XRP is testing roughly $1 support as analysts examine a potential double-bottom structure. The Crypto Basic supplies the broader performance context, saying XRP lost 16% in October 2026, its fourth-worst October result in more than a decade, while The Coin Republic specifies support at $1.03–$1.04, reports spot accumulation, and identifies resistance near $1.12. The outlets emphasize different technical details, but neither contradicts the other on the central assessment that XRP is near support and a possible double-bottom formation.
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- XRP revisits $1 support as analysts weigh a possible double bottom — this brief
XRP was trading at $1.035 on a broad weekly decline, placing it inside the $1.03–$1.04 area that analysts are examining as potential support. The Crypto Basic said the asset may be approaching a double-bottom pattern, while The Coin Republic focused on the same technical zone and the price levels surrounding it.
The proposed structure has not established a recovery, and the available coverage presents it as a possibility rather than a confirmed breakout. XRP was down 2.49% over 24 hours and 15.89% over seven days, leaving the market near the lower end of the range under discussion. Current trading was also below the $1.12 resistance level identified by The Coin Republic.
Both outlets corroborate the core technical assessment: XRP is testing support around $1 and analysts are considering whether a double bottom could form. Their supporting details differ. The Crypto Basic emphasized XRP’s October performance, reporting a 16% loss that made it the asset’s fourth-worst October in more than a decade; The Coin Republic added that spot accumulation has been reported. Neither outlet reported an actual move through resistance or confirmed the pattern.
The decline followed a broader downturn across digital assets. The total crypto market capitalization stood at $2.46 trillion, the overall market was broadly lower, and 
Bitcoin fell 3.94% over 24 hours. The Fear and Greed Index registered 28, placing sentiment in the “Fear” category as XRP came under pressure.
The immediate technical area to monitor is whether XRP remains near $1.03–$1.04 and whether the reported accumulation is followed by a move above the identified $1.12 resistance. A recovery toward $2 is presented by The Crypto Basic as an outcome associated with a potential double-bottom pattern, not as a confirmed target or guaranteed result. XRP’s market capitalization was $65.73 billion at the time of the live data snapshot.
Since this brief published about 9 hours ago, XRP (XRP) has moved from $1.04 to $1.04 — +0.29%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,459.93 (about $1.04), down 0.8% over 24 hours. The naira itself trades about 4.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 12, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
XRP revisits $1 support as analysts weigh a possible double — questions & answers
Where is XRP testing support?
XRP is trading at $1.035, within the $1.03–$1.04 support area identified by The Coin Republic.
What would confirm the possible double bottom?
The coverage identifies resistance near $1.12. A sustained move above that level would provide further confirmation, although no breakout has been reported.
How has XRP performed over the past week?
XRP is down 15.89% over seven days and down 2.49% over 24 hours, while the broader crypto market is broadly lower.
How much is 1 XRP worth in naira today?
About ₦1,459.93 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.04. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.29% since this brief first published — trading at $1.04 now versus $1.04 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from The Crypto Basic, The Coin Republic, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.