XRP slips below $1.30 as long liquidations, XRPL fix delay and whale selling weigh
- —XRP trades near $1.294, down 0.9% on the day and about 15% over the month
- —Over $300 million in long positions were liquidated after the failed move to $1.39
- —Activation of fixCleanup3_4_0 was pushed from October 23 to November 4
- —Exchange-linked balances rose by 47 million XRP as 10M–100M wallets fell from 351 to 339
Why it matters: While daily closes stay below $1.30, the next downside targets are $1.26 and $1.20; reclaiming the level would open the way to $1.37.
Source: CryptoTicker