XRP traded near $1.08 on November 11, 2026, after an early-November breakout attempt failed at the $1.30 level, according to chart readings published by COINOTAG.

The token has spent early November giving back most of the ground it gained during its August rally. Per the outlet's newest chart readings, XRP was rejected near $1.30 and has since slid toward the $1.00 demand zone that launched the summer advance. At the time the latest readings were published, the token was trading close to $1.05. In chart-analysis terms, the failed move at $1.30 marks the point where the attempted breakout stalled, while the $1.00 demand zone describes the price area where buying interest previously emerged to start the summer advance.

The pullback therefore returns XRP to the area that served as the base of its summer climb, with the failed breakout point near $1.30 marking the recent peak of that move. The $1.00 zone, from which the August rally began, is the level the price was approaching when the observations were recorded. Levels of this kind are widely used as reference points in chart analysis because they mark where the balance between buyers and sellers shifted on an earlier move, and the outlet's follow-up readings will show how the token behaves around them.

XRP is the native digital asset of the XRP Ledger, an open-source blockchain that went live in 2012 and is used to settle payments and cover transaction fees on the network. The token has a fixed maximum supply of 100 billion units and is listed on major cryptocurrency exchanges worldwide. Ripple, the payments company most closely associated with the ledger's development, has long been a central participant in the asset's ecosystem, and XRP's price movements are typically tracked alongside the broader digital-asset market. That combination of broad exchange availability and a long operating history is what keeps the token's key price levels on the radar of chart watchers during market-wide swings.

This content was first published on COINOTAG: https://en.coinotag.com/xrp-trades-near-108-after-failed-breakout