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Crypto

XRP Binance deposit share surges to 59.5 percent as price slides to $1.10

XRP deposits on Binance rose to 59.5 percent of exchange deposit and withdrawal transactions, the highest since October 2024, while the token traded around $1.10. Binance withdrawals fell to 40.4 percent on Nov. 8, the lowest since 2024, leaving a 19.1 percentage-point gap, based on transaction counts. Across centralized exchanges, deposit share rose to 49 percent by Nov. 8, while withdrawals slipped to 50.9 percent.

Crypto

XRP pivot seen at $0.98; break could open drop to $0.87

XRP’s medium- to long-term upside depends on whether it holds support at $0.98, an analyst said. Kathy Trade said holding that level could keep an upward trend intact, while a break could extend the correction to $0.87. She cited Elliott wave analysis and warned time was running out to defend current levels. Another analyst, ChartNerd, urged investors not to panic and outlined longer-term targets up to $27.

Crypto

Crypto influencer says XRP could reach $2 after breaking $1.55 resistance

XRP must first break a $1.52 to $1.55 resistance zone that has capped gains for months before it can reach $2, an analysis said. Crypto influencer Ash Crypto said $2 would be easy if XRP moves above that range. XRP has recently traded between $1.27 and $1.32, and reaching $2 from $1.27 would require about a 57 percent rise. Analyst CasiTrades cited $1.65 as a key resistance.