XRP Bulls Stunned by 3,090% Liquidation Imbalance as Crypto Market Stalls
News By Dan Burgin 11/07/2026 - 20:54 XRP has recorded $9.57 million in liquidations over the past 24 hours, with long positions accounting for the overwhelming majority.Advertisement
According to data from the analytical platform Coinglass, $9.57 million in XRP positions were liquidated across exchanges over the past 24 hours.
AdvertisementLong positions accounted for $9.27 million compared with just $299,997 in short liquidations.
On the shorter scale, XRP liquidations amounted to $853,930, including $681,200 in long positions and $172,780 in shorts.
HOT Stories XRP Had the Worst Day in Ages, Hyperliquid (HYPE) Awaits Volatility, What Pushes Stellar (XLM) Down? Crypto Market Review ChainLink (LINK), XRP, Monero (XMR) and Zcash (ZEC) Price Analysis For November 6: Sudden Surge of Bullishness Is Here
On Friday, XRP saw even bigger liquidations – $16.7 million in total, with $16 million in long liquidations. This event followed a massive market collapse on November 5, after the BTC price suddenly reversed its trend.
AdvertisementXRP price prediction
XRP is currently trading at $1.16, down 1.81% over the past 24 hours, while its market cap has declined 1.75% to $72.7 billion.
XRP's open interest is up only 1.4% over 24 hours, sitting at $1.37 billion. However, rising open interest does not automatically indicate that new bullish positions are being opened.
The trading volume has fallen 44.7%, which suggests limited recovery potential for today. In addition, XRP ETFs recorded zero net flows on Friday.
Advertisement
The current price level is close to the local bottom. The weekly chart hints at a further downtrend with $1.15 serving as the last support before the path to $1.00 is cleared.
Breaking this last support could trigger a liquidation cascade, resulting in almost a million dollars of positions closed.
The immediate resistance level is at $1.20. Breaking above it will be a clear indicator of an uptrend.
#XRP#XRP Price PredictionAdvertisementRelated articles
News11/07/2026 - 16:00Dogecoin Contributor Flags Social Signing as Potential Wallet Security RiskByTomiwabold OlajideNews11/07/2026 - 14:40Ripple Joins BlackRock, Standard Chartered in New Tokenization ReportByTomiwabold OlajideAdvertisement
AdvertisementLatest Press releasesIPX Plans to Bring 'minicoin' Payments to LINE FRIENDS Online and Offline Stores, Expanding IP Experiences Beyond Content and MerchandiseNEAR Mobile Hits #1 in Finance App Rankings and Charts Across 38 Countries as NEAR Ecosystem Gains MomentumHash Global Joins ValueChain as Validator Node Operator, Advancing Decentralization and On-Chain Financial InnovationAdvertisementRecommended articles
Meme Coins Digest10/07/2026 - 0:00Meme Coin Digest for October 7: Wave of Zcash Memes, Popular Copycats Crash
Arman ShirinyanInterviews10/02/2026 - 12:31'Your Wallet Doesn't Decide When You Need Your Backup': Trezor Analyst on the Fake App Problem
Dan BurginMeme Coins Digest09/30/2026 - 0:00Meme Coin Digest for September 30: Stock-Locked Memes Hold Their Ground
Arman ShirinyanInterviews09/25/2026 - 13:06From Post-Quantum Cryptography to AI: QoreChain Founder Liviu Epure on the Future of Blockchain
Dan BurginOpinions09/15/2026 - 19:58Clarity Act Fails Again: What It Means for Crypto
Dan BurginPrice IndexBitcoin (BTC) Price IndexEthereum (ETH) Price IndexXRP Price IndexCardano (ADA) Price IndexDogecoin (DOGE) Price IndexShiba Inu (SHIB) Price IndexTron (TRX) Price IndexPolygon (POL) Price IndexLitecoin (LTC) Price IndexSolana (SOL) Price IndexZcash (ZEC) Price IndexHyperliquid (HYPE) Price IndexOur social mediaThere's a lot to see there, too
Popular articlesNews11/07/2026 - 20:54XRP Bulls Stunned by 3,090% Liquidation Imbalance as Crypto Market StallsXRPXRP Price PredictionDan BurginNews11/07/2026 - 16:00Dogecoin Contributor Flags Social Signing as Potential Wallet Security RiskDogecoin NewsDogecoinDOGETomiwabold OlajideNews11/07/2026 - 14:40Ripple Joins BlackRock, Standard Chartered in New Tokenization ReportRipple NewsBlackRockStandard CharteredTokenizationTomiwabold OlajideShow allAdvertisementSubscribe to daily newsletter
