XRP’s Failed Support Retest Deepens a Sharp Weekly Selloff
XRP remained near $1.08 after failing to regain a former support zone, prompting one trader to caution against treating every decline as a buying opportunity.
XRP remained near $1.08 after failing to regain a former support zone, prompting one trader to caution against treating every decline as a buying opportunity. XRP (XRP) is trading at $1.04, down 3.0% since this brief published. This is an original TLT brief based on reporting by The Crypto Basic, with live market data added, as of Tue, 10 Nov 2026 15:45:02 UTC.
XRP’s inability to reclaim $1.28-$1.31 highlights the significance of a broken support area and places renewed focus on market structure rather than price alone.
- XRP trades near $1.07 after failing to reclaim $1.28-$1.31 support.
- Seven-day losses stand at 17.37%, while the 24-hour decline is 2.48%.
- Total crypto market capitalization is $2.55 trillion; sentiment remains in fear.
- The source frames falling prices alone as insufficient reason to buy XRP.
- XRP Binance Deposits Exceed $900M During Sharp Weekly Decline
- XRP’s Failed Support Retest Deepens a Sharp Weekly Selloff — this brief
The Crypto Basic reported that
XRP was trading near $1.08 after failing to recover the previously established $1.28-$1.31 support area. The breakdown has made successive attempts to buy dips increasingly costly, according to the source’s summary of trader Nebraskangooner’s commentary.
Nebraskangooner characterized XRP as an example of why a lower entry price does not automatically make an asset a better purchase after its market structure weakens. The central argument was that buyers repeatedly catching a falling asset can incur losses without evidence that the broken support area has been reclaimed.
Live pricing showed XRP at $1.07, down 2.48% over 24 hours and 17.37% over seven days. Its market capitalization stood at $67.97 billion, underscoring the scale of the recent decline while the cited support zone remained above the current price.
The wider crypto market was comparatively stable, with total capitalization at $2.55 trillion and no reported overall change.
Bitcoin was down 0.20% over 24 hours, while the Fear & Greed index registered 32, placing sentiment in the fear category. The next technical reference for XRP is whether it can regain the failed $1.28-$1.31 area, rather than simply whether its quoted price falls further.
Since this brief published about 2 hours ago, XRP (XRP) has moved from $1.07 to $1.04 — -2.99%.
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 ≈ ₦1,437.6 (about $1.04), down 6.5% over 24 hours. The naira itself trades about 2.7% 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.
XRP’s Failed Support Retest Deepens a Sharp Weekly Selloff — questions & answers
What support zone has XRP failed to reclaim?
XRP has failed to recover the former $1.28-$1.31 support region and was quoted near $1.08 in the source coverage.
How much has XRP lost over seven days?
XRP was down 17.37% over seven days, alongside a 2.48% decline over 24 hours.
What warning did Nebraskangooner give about buying XRP?
The trader said XRP illustrates why catching a falling asset can be costly and why a cheaper price alone does not make it a better buy.
How much is 1 XRP worth in naira today?
About ₦1,437.6 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 down 2.99% since this brief first published — trading at $1.04 now versus $1.07 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. 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.