Daily close 1.1790 −2.34% on the day
Nov 7, 2026 in one sentence
XRP closed the day below resistance 1.2002 with no support in range. A daily close above 1.2002 opens the way to 1.3098–1.3444.
XRP on Nov 7, 2026: up or down? Two paths from the daily levels · each needs a daily close
Not financial advice
XRP closed at 1.18, a decrease of 2.34 percent, slipping below its support at 1.20 on heavier than usual trading, after the daily trend had already confirmed a break below 1.24. The drop follows outflows from XRP funds that have weighed on sentiment, leaving the token at its lowest level in well over a year. A daily close above 1.20 would undo today's break, while a daily close below 1.17, today's low, would point toward the weekly floor at 0.9862–1.01.
Support and resistance on Nov 7, 2026
- Support no level in range
- Resistance 1.2002 1.8% above the close
The bigger picture
Every trend from the four-hour to the weekly points lower. On the daily chart, the lost level now acts as the first ceiling, with a stronger daily wall at 1.31–1.34 tested six times. Price sits well under its long-term average, which shows how stretched the decline has become.
What to watch
Momentum reads 33.2, down from 36.4 and close to oversold. Watch the daily close: above 1.20 suggests the drop was overdone, with 1.31–1.34 next; staying below 1.20 keeps the pressure on toward 0.9862–1.01.
Frequently asked questions
What were the support and resistance levels for XRP on Nov 7, 2026?
On the daily chart, the nearest resistance is 1.2002; there is no support in range.
Was XRP up or down on Nov 7, 2026?
XRP closed the day at 1.1790, −2.34%. The daily trend is down.
What happens if XRP closes above 1.2002?
A daily close above resistance 1.2002 (1.8% above the close) opens the way to 1.3098–1.3444.