XRP Whale (@cryptoXRPwhale), a well-known figure in the XRP community, just declared that it is over for XRP. He called it confirmed, and the post landed at a moment when the asset was already deep in a losing streak.
The post did include a rocket and moon emoji alongside the declaration, leaving some room for interpretation.
XRP Whale may be signaling that the downside is over rather than XRP itself, suggesting the asset has hit a bottom and a reversal could follow.
IT IS OVER FOR $XRP
IT IS CONFIRMED!#XRP 🚀🌖
— XRP whale (@cryptoXRPwhale) November 10, 2026
XRP Has Fallen Hard Since the Democratic Sweep
The midterm elections on November 3 ended with Democrats winning both chambers of Congress. That result hit crypto hard. XRP entered election week trading near $1.32. It has not recovered since.
By November 7, XRP had dropped to around $1.17. It broke below the $1.21 support level that analysts had flagged as critical. The decline triggered over $10 million in leveraged long liquidations and cut futures open interest by 12.36%.
XRP’s rapid decline continued, and the asset now trades near $1.03, pressing against the psychological $1 level. The asset is now down roughly 34% from early October levels near $1.55 and approximately 17% over the past 7 days.
The Community Reacts
XRP Whale’s post drew a wide range of responses, and the divide in sentiment was clear. One reply insisted nothing was over until the community decided it was, and urged others to keep going. Another said simply he was buying more.
Others were less optimistic. One user said he was glad he got out when he did, even though he had lost half his position. Another described the current price action as a deliberate clearing of retail investors by institutional players, arguing holders would be fine in the long run. One reply dismissed XRP Whale’s post outright as propaganda.
A more analytical take came from a user who called the current level the bottom of the cycle, suggesting XRP Whale should recognize it as such.
The $1 Level is Now in View
XRP has not traded below $1 since August. With the asset sitting at $1.03 and sentiment fragile, that level is now a live conversation. The Democratic Congress brings regulatory uncertainty back into focus. The next few sessions will determine whether $1 holds as a floor or becomes the next line of resistance on the way down.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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