XRP Price Prediction as Ripple Hits 11-Week Low Despite Whale Buying and Exchange Outflows
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
XRP fell 6% on November 6 to $1.18, its lowest level since late August and an 11-week low, as bearish sentiment persisted across the broader crypto market. The decline came even as large holders continued accumulating the token and exchange outflows persisted, suggesting whales are buying into the weakness rather than exiting. The move below the $1.19 threshold marks a technical breakdown for a token that had held above that level for roughly two months. Traders will watch whether whale accumulation and shrinking exchange balances can absorb ongoing sell pressure and stabilize the price, or whether the broader market downturn drags XRP lower still.
Muhabbit's AI wrote this summary in its own words from CoinGape's report. It can get details wrong, so check the source.
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