Karla Barker 
XRP is trading near $1.09 on Binance as of November 9, 2026, and the daily chart still leans bearish. The token’s daily RSI has dropped to 27.5 and is falling. That is an oversold reading, but it is not a bottom signal by itself. The daily MACD histogram remains negative and is widening, which means bearish momentum is still building. Hourly RSI is also oversold at 27.9. On the 15-minute chart, RSI sits at 40.6 with a flat recent direction. That is a mild improvement, though not enough to call a real shift.
Short-term relief, weak structure
The hourly MACD histogram is negative but narrowing. So downside pressure is easing on that timeframe. It has not turned positive. The 15-minute histogram is positive but narrowing too, which suggests the smallest timeframe’s bullish push is losing force. Price remains below every major moving average on the daily, hourly and 15-minute charts. On the daily, XRP is under EMA20 at $1.26, EMA50 at $1.31 and EMA200 at $1.35. The averages are stacked in bearish order. A rebound may happen, perhaps, but it would start as a repair move rather than a trend reversal.
Daily triggers set the tone
There are two daily confirmation points. A close above $1.13 would open a test of the lower Bollinger Band at $1.14 and then daily R1 at $1.16. That would be a recovery within a bearish trend. A daily close below $1.08 would keep the bearish continuation case active and put the hourly lower band at $1.07 in focus. Neither trigger was met by the last completed daily candle. Intraday moves matter less here. Daily ATR is about $0.06, while hourly ATR is about $0.01. With levels packed close together, a brief break can be noise.
Market backdrop stays defensive
The wider market is not helping. Alternative.me’s Fear & Greed Index reads 29, which is in Fear territory. CoinGecko puts total crypto market cap at about $2.47 trillion, down 5.04% in 24 hours, with Bitcoin dominance at 60.19%. That backdrop fits defensive risk appetite. It does not explain all of XRP’s weakness, and it does not confirm any asset-specific reversal. For now, oversold RSI and a weakening daily MACD are giving mixed signals. The daily trend still has the stronger vote, I think.