Is a 72% Rally Next?

In XRP news on Friday, November 13, the token fell below $1 for the first time since August, touching $0.9975 on Binance as a crypto-wide wave of forced selling hit leveraged traders.

The dip below $1 did not last long, but it is the XRP news holders feared most this month. XRP climbed back to $1.0303 within hours, down 1.6% on the day. It is still 13% lower than a week ago.

Bigger holders kept buying through the slide. On-chain data firm Santiment flagged that the number of wallets holding at least 10,000 XRP keeps rising even as the price falls. By our count from Santiment’s data, there were 343,578 such wallets on Thursday, a one-year high and 16,633 more than in February.

The same group held up in August, the last time XRP traded below $1. Then the price jumped 72% in eight days.

In this XRP news, the question is whether that pattern repeats, or whether $1 finally gives way.

XRP News From the Blockchain: 10,000+ Wallets Keep Climbing

Santiment tracks how many wallets hold each size of XRP balance. We added up every group from 10,000 XRP and up, using Santiment’s holder data, for every day of the past year.

  • Past year: the count rose by 22,667 wallets, or 7.1%, while XRP fell 56% from $2.39 to $1.04.
  • Since September 22, near the last peak: 2,998 new wallets, while the price fell 34%.
  • Past 30 days: 2,260 new wallets, 38% more than the 1,635 added in the 30 days before the August low.


The group rarely shrinks. It fell on only 30 of the past 377 days, and it fell hard only once. From February 7 to 9, during the crash that sent Bitcoin to $60,000, about 4,560 wallets dropped below 10,000 XRP. Nothing like that has happened this week.

A rising wallet count does not prove new money. Exchanges and funds can split holdings across addresses, and the count says nothing about how much XRP each wallet holds. It does show that these holders have not sold out the way they did in February.

DISCOVER: XRP Price Falls 22% Since Garlinghouse’s “Never Give Up” Pledge: What Is Ripple’s Plan?

The Last Dip Below $1 Ended in a 72% Rally

XRP has broken below $1 only once before this year. In mid-August it closed under $1 on August 14 and 16 and set the 2026 low of $0.9862 on August 14.

Then it turned fast. By August 22, XRP hit $1.6999, a 72% gain from the low in eight days, as the wider crypto market bounced.

This time, the backdrop is weaker. Bitcoin fell to $67,568 on Friday, the Crypto Fear & Greed Index sits at 20, Extreme Fear, and XRP has lost 21% since Ripple’s Swell conference on October 28. A bounce like August’s would need Bitcoin to steady first.

DISCOVER: Best Meme Coin ICOs to Invest in 2026

XRP Price Analysis: $0.9862 Is the Line

On the daily chart, where each candle covers one day, XRP trades at $1.0303. It sits far below its 50-day exponential moving average (EMA), an average that gives recent prices more weight, at $1.2644, and its 200-day EMA at $1.3410.

  • Resistance: $1.0566, Friday’s high, then $1.1063, the November 10 high.
  • Support: $0.9975, Friday’s low. Below that, $0.9862, the August 14 low and the lowest price of 2026.
XRPUSDT 1D chart. Source: TradingViewXRPUSDT 1D chart. Source: TradingView
XRPUSDT 1D chart. Source: TradingView
Path What has to happen Next stop
Push higher A daily close above $1.1063 $1.2644, the 50-day EMA
Stall Holding between $0.9862 and $1.0566 A base around $1, like August
Slip A daily close below $0.9862 A new 2026 low, below the August bottom

For readers following XRP news, the picture looks like August: holders keep adding while the price tests $1. Whether it ends the same way depends on Bitcoin. A daily close below $0.9862 would be XRP’s lowest since November 2024.

DISCOVER: 16+ New and Upcoming Binance Listings in 2026

Follow 99Bitcoins on X For the Latest Market Updates, and Subscribe on YouTube For Daily Expert Market Analysis

Why You Can Trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoins’ team members have been crypto experts since Bitcoin’s early days.

90hr+

Weekly Research

100k+

Monthly Readers

50+

Expert Contributors

2000+

Crypto Projects Reviewed

Google News IconGoogle News Icon

Follow 99Bitcoins on your Google News Feed

Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!

Subscribe now

Alex Ioannou

Alex Ioannou

On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging “meta” trends and high-volatility narratives. Notably, Alex…
Read More


#Rally

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *