CryptoMedium•4 November 2026•
1 min read
XRP Nears $1.30 Level Following US Midterm Results and Whale Accumulation
Key Facts
1XRP price is approaching the $1.30 level, supported by improving risk sentiment in the cryptocurrency market.
2The market recovery coincided with US midterm election results showing the Democratic Party securing Senate victory.
3On-chain data indicates that large holders (whales) are moving substantial amounts of XRP away from centralized exchanges.
XRP price is approaching the $1.30 level, supported by improving risk sentiment in the cryptocurrency market. Invezz reported that the market recovery coincided with US midterm election results showing the Democratic Party securing a Senate victory.
On-chain data indicates that large holders, or whales, are moving substantial amounts of XRP away from centralized exchanges, reducing available supply. This upward momentum follows broader economic data from November 4, 2026, which showed US private sector employment increasing by 86,000 according to the ADP report.