In this video: XRP is holding its support zone better than most coins, but there is still no sign that a low is in. Here is the level that would change that and where the next rally could go. Video by More Crypto Online.
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XRP is currently trading around $1.20 to $1.28 on November 6, 2026. The asset has entered a strong localized recovery period following a broader market correction, holding firm over critical support lines while technical markers point to an impending surge in volatility.
XRP Insights Today
• Golden Cross Realized: On short-term charts (specifically the 3-hour XRP/BTC frame), the 50-period moving average has crossed above the 200-period moving average, printing a bullish "Golden Cross". This pattern points to recovering momentum against Bitcoin.
• Whale Accumulation Continues: On-chain analytics show that the network is rapidly consolidating, with the total number of whale addresses holding at least 1 million XRP rising to 2,147 wallets.
• The ETF Stagnation Divergence: U.S. spot XRP ETFs have stalled out slightly, holding flat near $1.81 billion in cumulative net inflows. Analysts note a prominent narrative divergence: while Ripple continues to sign institutional mega-partnerships (such as expanded custody and treasury ventures with BNY Mellon and Coinbase), retail ETF demand has not perfectly mirrored corporate adoption. This is primarily because Ripple's newer corporate products, like the RLUSD stablecoin, operate somewhat independently of the native token.
• The Binance Supply Squeeze: The Binance Scarcity Index for XRP has climbed to its highest level since 2022. Large-scale exchange withdrawals (including a single 13.24 million XRP sweep) have severely thinned out the liquid supply sitting on order books. Historically, this macro-level supply shock acts as a springboard for volatile upward swings when market demand spikes.
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