Analyst’s long-wave XRP thesis persists as price remains near $1.16
A weekly technical analysis sees XRP within a larger advance despite its recent decline, while live data shows continued weakness and extreme fear across crypto.
A weekly technical analysis sees XRP within a larger advance despite its recent decline, while live data shows continued weakness and extreme fear across crypto. XRP (XRP) is trading at ₹109 ($1.16). This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Sat, 07 Nov 2026 20:45:02 UTC.
The analysis frames the recent drop as part of a broader technical trend, which may influence how traders interpret XRP’s recovery. It remains an interpretation of price charts rather than evidence of a confirmed future move.
- XRP trades at $1.16, down 2.00% over 24 hours
- The token has fallen 7.37% over seven days
- A weekly chart places the move in a proposed third wave
- Crypto Fear & Greed stands at 25
XRP was trading near $1.17 following a sharp correction, according to CaptainAltcoin’s summary of an analysis by analyst Dark Defender. The analyst’s weekly chart interprets the advance from approximately $0.30 to $3.66 as the first major stage of what he labels Grand Wave 3, an Elliott Wave framework that points to a broader upside structure.
The bullish interpretation comes amid weaker near-term performance. CaptainAltcoin reported XRP close to $1.17, while the supplied live price is $1.16, representing a 24-hour decline of 2.00%. XRP has also lost 7.37% over seven days and carries a market capitalization of $73.7B.
No other outlet covered the analysis, so the wave assessment, price path and identification of Grand Wave 3 rest solely on CaptainAltcoin’s reporting. The source presents the analyst’s chart-based view as the central development, but it does not provide corroboration from additional analysts or independent technical studies in the supplied material.
Broader crypto conditions remain subdued. The total crypto market capitalization is $2.61T and the overall market is flat, while 
Bitcoin is down 0.16% over 24 hours. The Fear & Greed index is at 25, categorized as Extreme Fear. What to watch is whether XRP can stabilize while the proposed wave structure develops; the chart framework itself does not determine the outcome or establish when a reversal may occur.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹109.20$1.16 to ₹109.20$1.16 — +0.00%.
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 Token Times'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 ≈ ₹119.48 (about $1.16), down 1.4% over 24 hours. The rupee itself trades about 9.4% above the official rate on the P2P market, so a Indian 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.
Analyst’s long-wave XRP thesis persists as price remains nea — questions & answers
What is Grand Wave 3 in the cited XRP analysis?
It is the analyst’s label for the next major stage of a proposed Elliott Wave advance following XRP’s rise from roughly $0.30 to $3.66. The assessment comes from Dark Defender’s weekly chart, as reported by CaptainAltcoin.
How is XRP performing at the time of the analysis?
XRP is priced at $1.16, down 2.00% over 24 hours and 7.37% over seven days. Its market capitalization is $73.7B.
What broader market conditions accompany the analysis?
The overall crypto market is flat at a $2.61T total capitalization, Bitcoin is down 0.16% over 24 hours, and the Fear & Greed index stands at 25, indicating Extreme Fear.
How much is 1 XRP worth in rupee today?
About ₹119.48 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.16. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CaptainAltcoin. 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 Token Times 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.