XRP Holds Near $1 as Analysts Weigh a Potential Double Bottom
XRP is testing the $1 area after a steep weekly decline, with technical analysis pointing to a possible double-bottom structure and a recovery toward $2.
XRP is testing the $1 area after a steep weekly decline, with technical analysis pointing to a possible double-bottom structure and a recovery toward $2. XRP (XRP) is trading at ₹96.76 ($1.03), up 0.8% since this brief published. This is an original Token Times brief synthesising 2 outlets (The Crypto Basic, The Coin Republic), plus live market data, as of Thu, 12 Nov 2026 18:45:01 UTC.
A confirmed double bottom would signal a potential reversal after XRP's recent losses, while the $1.03–$1.04 support zone and $1.12 resistance frame the levels traders are monitoring.
- XRP trades at $1.023, down 4.53% over 24 hours and 17.67% over seven days.
- The Coin Republic identifies $1.03–$1.04 as support and $1.12 as resistance.
- Both outlets discuss a potential double-bottom structure; The Crypto Basic sees $2 as a recovery target.
- The Crypto Basic says XRP lost 16% in October 2026, its fourth-worst October in more than a decade.
The Crypto Basic and The Coin Republic agree that XRP is testing the $1 area and that technical analysts are examining a possible double-bottom formation. The Crypto Basic frames $2 as a potential recovery target after a reported 16% decline in October 2026, while The Coin Republic adds the more granular levels of $1.03–$1.04 support and $1.12 resistance. The outlets differ in emphasis rather than contradict each other: The Crypto Basic focuses on the broader monthly performance and upside structure, whereas The Coin Republic discusses near-term support, reported spot accumulation and the next resistance zone.
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- XRP Holds Near $1 as Analysts Weigh a Potential Double Bottom — this brief
XRP is hovering near $1 following a sharp downturn, prompting technical analysts to examine whether the asset has formed a potential double-bottom pattern. The Crypto Basic said the structure could support a recovery toward $2, presenting that level as a technical scenario rather than a confirmed destination.
The Coin Republic focused on XRP’s immediate trading range, identifying $1.03–$1.04 as a support area and $1.12 as resistance. It also reported evidence of spot accumulation, although the supplied coverage does not quantify the amount accumulated or identify the participants involved.
Both outlets linked the setup to XRP’s recent weakness. The Crypto Basic reported that XRP fell 16% in October 2026, making it the asset’s fourth-worst October performance in more than a decade. The Coin Republic instead emphasized the current test of the $1 support area and the formation now visible in the chart.
Live data places XRP at $1.023, slightly below the $1.03–$1.04 support range cited by The Coin Republic. The token is down 4.53% over 24 hours and 17.67% over seven days, while its market capitalization stands at $64.95B.
The broader market is also under pressure: total crypto market capitalization is $2.46T, 
Bitcoin has fallen 3.45% over 24 hours, and the Fear & Greed Index stands at 28, indicating Fear. The next technical points to monitor are whether XRP can maintain the $1 area and move through the reported $1.12 resistance, which would provide further evidence for the proposed double-bottom structure.
Since this brief published about 4 hours ago, XRP (XRP) has moved from ₹96.01$1.02 to ₹96.76$1.03 — +0.78%.
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 ≈ ₹102.65 (about $1.03), down 3.3% over 24 hours. The rupee itself trades about 6.1% 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.
XRP Holds Near $1 as Analysts Weigh a Potential Double Botto — questions & answers
What is the proposed double-bottom setup for XRP?
Both The Crypto Basic and The Coin Republic report that analysts are examining a possible double-bottom structure near $1. The pattern is not confirmed, and the $2 recovery scenario comes from The Crypto Basic.
Which XRP price levels are being monitored?
The Coin Republic identifies $1.03–$1.04 as support and $1.12 as resistance. XRP was trading at $1.023 when the supplied market snapshot was taken.
How much has XRP declined recently?
XRP was down 4.53% over 24 hours and 17.67% over seven days. The Crypto Basic separately reported a 16% decline in October 2026.
How much is 1 XRP worth in rupee today?
About ₹102.65 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.03. 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.
Has XRP's price moved since this brief was published?
XRP is up 0.78% since this brief first published — trading at ₹96.76 ($1.03) now versus ₹96.01 ($1.02) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Crypto Basic, The Coin Republic, with the key figures cross-checked for agreement across them. 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.