XRP falls below $1.10: Will XRP recover?

XRP trades at around $1.10 at about 6:50 a.m. on Monday morning, roughly €0.98. According to CoinGecko, that is 5.3 percent below Sunday morning's level and 12.4 percent below the price a week ago. Most of the decline came in a single trading hour on Sunday evening: between 10 p.m. and 11 p.m. German time, XRP slid from $1.152 to $1.093 on the Kraken exchange. XRP last traded this low on August 20.

What is documented: in the 24 hours to 1 a.m. on Monday, leveraged positions worth $604.4 million were forcibly closed across the crypto market, 92 percent of them bets on rising prices. The US spot ETFs for XRP did not record a net inflow on any day of the first week of November, and the US inflation data for October follow on Tuesday. Our assessment comes further down: as long as no new buyers appear in the spot market, the zone around $1 remains the next serious test.

No single reason for the decline can be documented. What can be documented is the timing, the force of the move and the surrounding conditions. This article puts the figures in context, compares them with the summer and sets out the levels that matter until mid-November.

XRP price on Monday: $1.10 and the lowest level since August

At around $1.10, XRP has a market capitalisation of about $69.7 billion (CoinGecko). The all-time high of $3.65 from July 2025 is almost 70 percent above today's price. The gap is wider than for Bitcoin, which trades at around $74,300, some 41 percent below its record.

Relative to the rest of the market, XRP lost considerably more on Sunday than Bitcoin, which gave up 1.8 percent in 24 hours. Only Ether was similarly weak, down 4.7 percent at around $2,127. Among the 25 largest coins excluding stablecoins, XRP is the day's weakest performer on Monday morning.

Sunday's daily close of $1.1118 is the lowest since August 19, and the intraday low of $1.0931 the lowest since August 20. On Monday the price slipped slightly further into the early morning, to $1.0945. cryptoticker.io compiled this analysis itself on November 9, 2026, based on 721 daily candles and 721 hourly candles of the XRP/US dollar pair on Kraken.

Sunday at 10 p.m.: one trading hour with 13 million XRP in volume

Until Sunday evening the day was calm. From early morning until 10 p.m., XRP moved on Kraken in a narrow band between $1.146 and $1.168. In the hour from 10 p.m. the picture changed: the price fell 5.1 percent and 13.4 million XRP changed hands. In the hours of the previous week, volume averaged around 1 million XRP, so Sunday evening's hour brought a good thirteen times that.

Across the whole of Sunday, Kraken volume came to 27.5 million XRP, more than 30 percent above the daily average of the past 30 days. Almost half of it fell into that one evening hour. A pattern like this, long calm followed by a sell-off in a tight window, fits a market in which many positions are financed with borrowed money.

No recovery followed. In the hours to Monday morning, XRP fluctuated between $1.10 and $1.13 and did not get back to the $1.15 zone.

Long liquidations: $25.8 million in XRP, $258 million in Ether

A liquidation is the forced closure of a leveraged position by the exchange when the posted collateral (margin) no longer covers the losses. According to a count by TokenPost across Binance, Bybit and OKX, positions worth $604.4 million were liquidated in the 24 hours to 7:01 p.m. New York time on Sunday. $558.2 million of that were long positions, in other words bets on rising prices.

Ether accounted for the largest share at $258 million, followed by Bitcoin at $159.2 million. In XRP the figure was $25.8 million, $25.4 million of it on the long side. The largest single liquidation hit an Ether long position of $48.2 million on Binance. TokenPost names no trigger; the figures show when positions fell, not why the first sale came.

A simple calculation shows why a decline of just over 5 percent is enough to clear out many positions. Anyone betting on rising prices with 20x leverage posts 5 percent of the position value as collateral. If the price falls by those 5 percent, the collateral is used up, and a little earlier once fees and minimum margins are counted. Every forced closure is a sale at market price and pushes the price down further. In XRP, the decline in the hour from 10 p.m. was 5.1 percent, right in that range.

Broken since Sunday: last week's $1.15 zone

On Sunday morning, our article on the Binance scarcity index and the weak weekly close described the zone around $1.15 as the level that would decide the week. XRP was trading at around $1.16 at the time, and the zone had narrowly survived a second test on Saturday.

Since then the picture has turned. The price fell through the zone on Sunday evening and now sits more than 5 percent below it. The $1.11 level, regarded as the next support, did not hold either: the weekly close of $1.1118 was only just above it, and on Monday morning XRP trades below it. The first hurdle on the upside is therefore no longer $1.21 but the broken zone itself. An area that previously attracted buyers often acts as resistance after a break, because buyers from that level sell when the price returns to their entry.

The moving averages are unchanged. The 200-day moving average, the average of the daily closing prices over the last 200 days, stands at around $1.27 by our calculation, and the 50-day line at around $1.37. XRP is therefore trading about 13 percent below the long line and around 20 percent below the short one.

XRP spot ETFs: four trading days without net inflows

A spot ETF is an exchange-traded fund that holds XRP directly. When money flows in, the issuer has to buy XRP. That is exactly the demand that has been missing since the start of November. According to data analysed by Analytics Insight, the US spot ETFs for XRP recorded no net inflow on November 3, 4, 5 and 6. Since their launch in November 2025, inflows total around $1.81 billion, and the funds' net assets stood at about $1.34 billion on November 6.

The difference between the two figures is largely explained by the price decline: the funds bought XRP at higher prices than it is worth today. For the price, what matters most is the flow. Without new inflows, a group of buyers drops out that was still regularly absorbing XRP in the market in September.

On the other side are exchange balances. As our Sunday article reported, 418.5 million XRP flowed out of Binance on November 4 according to CryptoQuant, and the exchange's scarcity index rose to its highest level in four years. A smaller supply on the exchange only supports the price once buyers arrive, however. On Sunday, the selling from the futures market came instead.

Compared with August 2026: the year-to-date low was at $1

Looking back shows how much of the summer gain has already gone. In mid-August, XRP traded just around $1 on several days. The price marked its year-to-date low of $0.9847 on August 14, and on August 18 XRP closed at $1.0011. Within four days it then rallied to $1.70 on August 22, a gain of just over 72 percent from the low.

XRP has since lost more than 35 percent from that high. Today's price is only just over 11 percent above the year-to-date low and almost 10 percent above the round $1 mark. Unlike in August, there has so far been no event that carried the price out of the zone. Comparing then and now therefore shows one thing above all: the range between $1.00 and $1.10 is where larger purchases last set in during the summer.

Our assessment: without spot buyers, XRP lacks support above $1

In the editorial team's view, Sunday's sell-off was above all a leverage event rather than a new finding about XRP itself. The timing supports this: the decline coincided with the Ether liquidations, volume jumped thirteenfold within an hour, and the price then steadied in a narrow band. It is also supported by the fact that a comparatively small amount, $25.8 million, was liquidated in XRP.

Against this, demand has been weakening for weeks. The ETFs are no longer absorbing anything, the price is well below both moving averages, and the Fear and Greed Index from alternative.me stands at 29 points in fear territory, after 25 points and therefore extreme fear on Saturday. A leverage event can mark a low if buyers step in afterwards. If they stay away, the downtrend continues. The conclusion: a daily close back above $1.15 would be the first sign that Sunday was an outlier. No buy or sell decision can be derived from this; cryptocurrencies can lose value up to a total loss.

XRP levels: $1.15 on the upside, $1.00 on the downside

On the upside, the first level is $1.15, the zone that held until Sunday evening. Above that come $1.21, the hurdle from our Sunday article, and the 200-day moving average at around $1.27. Only a daily close above that line would call the medium-term downtrend into question.

On the downside, Sunday's low of $1.093 is the first level. Below it lies the round $1 mark, where XRP traded for several days in mid-August, and finally the year-to-date low of $0.9847. A close below that level would be the lowest of 2026.

Whether XRP recovers will therefore be decided in two places. One is the spot market: new ETF inflows or visible buying by large addresses. The other is the broader market, which this week hinges on a fixed date.

US inflation data on Tuesday: the next date for the crypto market

On Tuesday, November 10, at 2:30 p.m. German time, the US Department of Labor publishes the consumer price index (CPI) for October. The CPI measures how quickly prices for goods and services are rising in the US. If inflation comes in higher than expected, markets usually scale back expectations of rate cuts by the US Federal Reserve, which can weigh on risk assets such as cryptocurrencies. If it comes in lower, the opposite can happen.

For XRP this means the situation in the futures market stays tense until Tuesday afternoon. After Sunday's liquidations some of the leverage has left the market, but a larger move after the data can trigger new forced closures in either direction.

Leverage, holding period and MiCA exchange: three points for XRP holders in Germany

First, leverage. Anyone trading XRP with borrowed money should know the distance to their own liquidation price. Sunday showed that 5 percent in an hour is possible; at 20x leverage that is enough to wipe out the collateral. A stop-loss order, a sell order triggered automatically at a set price, limits the loss but does not protect against price gaps.

Second, tax. In Germany, gains from selling XRP are tax-free under Section 23 of the Income Tax Act if more than one year passes between purchase and sale. Within this holding period, gains are taxable once all private disposal gains in a year together reach €1,000. Losses from such transactions can be offset against gains of the same kind. Anyone who bought at higher prices in autumn 2025 is usually in the red today and can only use that loss by realising it within the holding period.

Third, the route to buy. Anyone looking to add during the weakness should do so with a provider authorised in the EU under the Markets in Crypto-Assets Regulation (MiCA). Our comparison of regulated crypto exchanges provides an overview. Fees differ markedly, as the crypto exchange comparison shows. A limit order, which is only executed at a set price, avoids a poor fill on hectic days like Sunday.

XRP below $1.10: only a close above $1.15 changes the picture

1. Secure your route to buy: Check whether your exchange holds a MiCA licence and otherwise switch to a provider from the comparison of regulated crypto exchanges.
2. Limit leverage: If you trade derivatives, compare margin rules and fees in the perp DEX comparison and deliberately set your liquidation price below $1, or do without leverage ahead of the inflation data.
3. Place the levels as orders: Set limit or stop orders at the $1.15 and $1.00 levels instead of chasing the price; the exchange comparison shows the cost per order.

(As of November 9, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)