XRP slips below $1.20 as momentum weakens and whales accumulate
XRP traded below a closely watched $1.20 level as selling pressure weighed on its daily and weekly charts.
XRP traded below a closely watched $1.20 level as selling pressure weighed on its daily and weekly charts. XRP (XRP) is trading at $1.19, up 0.8% since this brief published. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Fri, 06 Nov 2026 19:00:05 UTC.
The $1.20 threshold is now central to the short-term XRP setup because a recovery above it would contrast with the token’s recent decline. Whether cited whale accumulation develops into sustained demand could also affect the market’s assessment of a possible bottom.
- XRP traded below $1.20 after showing daily and weekly chart weakness
- Live XRP price stands at $1.18
- XRP is down 4.14% over 24 hours and 4.89% over seven days
- Crypto.news cited whale accumulation and a possible bottoming pattern
- Whales Bank About $5M as HYPE Slips Below $78
- XRP slips below $1.20 as momentum weakens and whales accumulate — this brief
XRP moved below $1.20 on Nov. 6, according to Crypto.news. At the time of its report, the token was priced at $1.1936, while its daily and weekly charts were under pressure. The coverage also referenced analyst observations of whale accumulation and a possible bottoming pattern.
The live market snapshot places XRP at $1.18, extending the move below the highlighted $1.20 threshold. Its market capitalization is $75.05 billion, with losses of 4.14% over 24 hours and 4.89% over seven days. The available price therefore remains slightly below the $1.1936 figure cited in the original report.
XRP’s weakness contrasts with a broadly flat overall crypto market. Total crypto market capitalization stands at $2.61 trillion, while 
Bitcoin is down 0.03% over 24 hours. The Fear and Greed Index is at 28, placing market sentiment in the Fear category, and XRP’s larger short-term decline shows greater volatility than the broader market backdrop.
The immediate focus is whether XRP can regain the $1.20 area while daily and weekly chart pressure eases. Crypto.news also points to whale accumulation as a possible counterweight, although the available coverage does not quantify those holdings or establish that they have halted the decline.
Since this brief published about 1 hour ago, XRP (XRP) has moved from $1.18 to $1.19 — +0.85%.
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 ≈ ₦1,642.03 (about $1.19), down 4.1% over 24 hours. The naira itself trades about 2.4% 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 slips below $1.20 as momentum weakens and whales accumul — questions & answers
What price is XRP trading at now?
XRP is trading at $1.18, down 4.14% over 24 hours and 4.89% over seven days.
Why is $1.20 important for XRP?
XRP has slipped below the $1.20 level highlighted by Crypto.news, leaving the token below a closely watched price threshold with its daily and weekly charts under pressure.
What signs of a possible bottom were cited?
Crypto.news cited whale accumulation and a possible bottoming pattern, but the available coverage provides no figures quantifying the accumulation.
How much is 1 XRP worth in naira today?
About ₦1,642.03 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.19. 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 0.85% since this brief first published — trading at $1.19 now versus $1.18 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 Crypto.news. 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.