XRP Price Falls Below $1 in Big Wallet Alert: Is a 72% Rally Next?

In XRP news on Friday, November 13, the token fell below $1 for the first time since August, touching $0.9975 on Binance as a crypto-wide wave of forced selling hit leveraged traders.The dip below $1 did not last long, but it is the XRP news holders feared most this month. XRP climbed back to $1.0303 within hours, down 1.6% on the day. It is still 13% lower than a week ago.Bigger holders kept buying through the slide. On-chain data firm Santiment flagged that the number of wallets holding at least 10,000 XRP keeps rising even as the price falls. By our count from Santiment’s data, there were 343,578 such wallets on Thursday, a one-year high and 16,633 more than in February.XRP Shark Accumulation is BUILDING While Retail Fears Sub-$1.00 PricesXRP wallets holding at least 10K tokens are growing at a rapid rate here in November. There are now roughly 343.5K of these wallets, up 16,815 (+5.15%) in 9 months. Larger holders are expanding even as… The same group held up in August, the last time XRP traded below $1. Then the price jumped 72% in eight days.In this XRP news, the question is whether that pattern repeats, or whether $1 finally gives way.XRP News From the Blockchain: 10,000+ Wallets Keep ClimbingSantiment tracks how many wallets hold each size of XRP balance. We added up every group from 10,000 XRP and up, using Santiment’s holder data, for every day of the past year.Past year: the count rose by 22,667 wallets, or 7.1%, while XRP fell 56% from $2.39 to $1.04.Since September 22, near the last peak: 2,998 new wallets, while the price fell 34%.Past 30 days: 2,260 new wallets, 38% more than the 1,635 added in the 30 days before the August low.The group rarely shrinks. It fell on only 30 of the past 377 days, and it fell hard only once. From February 7 to 9, during the crash that sent Bitcoin to $60,000, about 4,560 wallets dropped below 10,000 XRP. Nothing like that has happened this week.A rising wallet count does not prove new money. Exchanges and funds can split holdings across addresses, and the count says nothing about how much XRP each wallet holds. It does show that these holders have not sold out the way they did in February.DISCOVER: The Last Dip Below $1 Ended in a 72% RallyXRP has broken below $1 only once before this year. In mid-August it closed under $1 on August 14 and 16 and set the 2026 low of $0.9862 on August 14.Then it turned fast. By August 22, XRP hit $1.6999, a 72% gain from the low in eight days, as the wider crypto market bounced.This time, the backdrop is weaker. Bitcoin fell to $67,568 on Friday, the Crypto Fear & Greed Index sits at 20, Extreme Fear, and XRP has lost 21% since Ripple’s Swell conference on October 28. A bounce like August’s would need Bitcoin to steady first.DISCOVER: XRP Price Analysis: $0.9862 Is the LineOn the daily chart, where each candle covers one day, XRP trades at $1.0303. It sits far below its 50-day exponential moving average (EMA), an average that gives recent prices more weight, at $1.2644, and its 200-day EMA at $1.3410.Resistance: $1.0566, Friday’s high, then $1.1063, the November 10 high.Support: $0.9975, Friday’s low. Below that, $0.9862, the August 14 low and the lowest price of 2026.PathWhat has to happenNext stopPush higherA daily close above $1.1063$1.2644, the 50-day EMAStallHolding between $0.9862 and $1.0566A base around $1, like AugustSlipA daily close below $0.9862A new 2026 low, below the August bottomFor readers following XRP news, the picture looks like August: holders keep adding while the price tests $1. Whether it ends the same way depends on Bitcoin. A daily close below $0.9862 would be XRP’s lowest since November 2024.DISCOVER: Follow 99Bitcoins on X For the Latest Market Updates, and Subscribe on YouTube For Daily Expert Market AnalysisThe post XRP Price Falls Below $1 in Big Wallet Alert: Is a 72% Rally Next? appeared first on 99Bitcoins.