THE STREET · 2026-11-09 17:30 UTC

XRP could be ready for a 13% bounce, but one level matters

Crypto analyst Ali Charts said XRP has touched the lower boundary of a descending channel that has defined its price action over the past month. If $1.14 holds as support, XRP could rebound toward the channel's upper boundary at $1.30, a gain of about 13% from current levels. Whales accumulated more than 16.46 million XRP over five days while the price fell from $1.34 to $1.15, roughly $19 million at current prices; the article notes this is no guarantee of a rebound.

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