XRP slides to $1.096 as U.Today flags $1 test; NEAR and HYPE also fall
In brief
- XRP traded at $1.096, down roughly 18% from about $1.34, per U.Today's analysis.
- XRP's nearest support sits at $1.075, with RSI below 30, per the analysis.
- NEAR fell toward $3.66 on November 9, about 39% below its October peak.
- HYPE traded at $75 after breaking below an important moving average, U.Today said.
- XRP Ledger's fixCleanup3_4_0 amendment, activated November 4, closed an issuer-token minting exploit.
XRP's $1 test
U.Today's charts show XRP trading below its major moving averages. The analysis puts the nearest support at $1.075 (the latest session's low), followed by the $1.03–$1.05 range and then the $0.99–$1.00 area. RSI is below 30, which is an oversold reading, but U.Today said bulls might still stay on the sidelines.
On the upside, the report named $1.15 and $1.20 as recovery targets. It said a proper trend reversal would need a move toward the moving averages around $1.30–$1.35.
"Whether buyers can defend the $1 level or not is the main test for the asset right now."
That's U.Today's read, and it's the level the whole analysis hinges on.
The XRP Ledger also activated the fixCleanup3_4_0 amendment on November 4. It removed an exploit that, under certain conditions, let accounts authorized to burn an issuer's tokens also mint them. XRP's native supply wasn't affected, according to the report.
NEAR gives back its October run
NEAR briefly reached about $6 in October, then fell toward $3.66 on November 9, according to the daily NEAR/USDT chart cited by U.Today. That's a decline of roughly 39% from the local peak, and it's put the token back at a moving-average support zone. Volume is still well below what NEAR saw during its September breakout. The token keeps forming lower highs, and recovery attempts haven't cleared its shorter-term moving averages.
Bitwise's spot NEAR ETF, which launched September 29, held about 15.69 million NEAR worth $58.21 million as of November 5, U.Today reported. The fund said 99% of those holdings were staked.
HYPE breaks a key average
Hyperliquid's HYPE fell below an important moving average and traded at $75, per U.Today. The analysis said selling pressure still outweighs buying support, despite what it described as a strong fundamental background that includes a Hyperliquid Strategies disclosure.
U.Today said a HYPE/USDT bounce could happen at the 200 EMA, especially if volume picks up and the broader market recovers.
