Update
XRP Update: Liquidations and Technical Analysis
XRP has moved further into a downtrend, with more than $12 million worth of long positions liquidated. The XRP Ledger activated the fixCleanup3_4_0 amendment on November 4, removing an exploit that allowed unauthorized minting of tokens. The price is struggling to hold the $1.2 psychological threshold, having already broken it. The XRP Ledger has seen growth in on-chain metrics, but this does not provide enough support for the price. Hyperliquid has fallen by almost 9% to below $80, now trading below its 100 EMA.