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XRP analysis · Nov 8, 2026 · Downtrend

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Daily candle close

Daily close 1.1640 −1.27% on the day

Nov 8, 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 1.2355–1.2562.

What changed since yesterday

  • The close moved from 1.1790 to 1.1640 (−1.27%); the daily trend is down.
  • Nearest resistance is unchanged at 1.2002 (1 touch).
  • RSI(14) daily moved from 33.2 to 31.6 (−1.6).
  • Yesterday's analysis →

XRP on Nov 8, 2026: up or down? Two paths from the daily levels · each needs a daily close

Upside path A daily close above resistance 1.2002 (3.1% above the close) opens the way to 1.2355–1.2562.
Downside path no daily level on that side

Not financial advice

XRP ended the day at 1.16, down 1.27 percent, with key levels intact in a quiet, fearful weekend market. The daily trend is down after a confirmed break below 1.24 and the weekly trend agrees; daily RSI moved from 33.2 to 31.6, so momentum is weak. With volume a little below normal, a daily close above 1.20 would ease the pressure, while further losses below 1.16 would enter open ground.

Support and resistance on Nov 8, 2026

  • Support no level in range
  • Resistance 1.2002 3.1% above the close

The bigger picture

The nearest ceiling is near 1.20, and the weekly trend is also down. Below 1.16 the daily chart shows open ground, and futures positions shrank as traders stepped back.

What to watch

A daily close above 1.20 would ease the pressure and open the way toward resistance near 1.24. Below 1.16, a further drop would move into open ground on the daily chart. Also watch whether the daily RSI of XRP, now 31.6, turns up.

Frequently asked questions

What were the support and resistance levels for XRP on Nov 8, 2026?

On the daily chart, the nearest resistance is 1.2002; there is no support in range.

Was XRP up or down on Nov 8, 2026?

XRP closed the day at 1.1640, −1.27%. The daily trend is down.

What happens if XRP closes above 1.2002?

A daily close above resistance 1.2002 (3.1% above the close) opens the way to 1.2355–1.2562.

XRP: technical analysis →