Cryptocurrency analyst EGRAG CRYPTO (@egragcrypto) is examining XRP’s underperformance since November 4, pointing to data that shows four major digital assets suffering declines within the same timeframe. Bitcoin (BTC) dropped -10.37%, Ethereum (ETH) fell -18.18%, Solana (SOL) slid -16.99%, and XRP lost -23.40%.
This noticeable gap has prompted the analyst to investigate why XRP is experiencing a steeper decline than the rest of the market.
The Numbers Behind the Drop
XRP started November 4 trading near $1.36 and has since declined to $1.04422, marking a drop of $0.31365. This places the asset in a critical stabilization zone between $1 and $1.04, resting just above a dotted support line close to $0.95 on the daily Bitstamp chart. For bulls to regain control, EGRAG CRYPTO highlights two price levels that must be reclaimed: $1.15 first, followed by $1.25.
Neither level has been tested since the selloff began. Daily candle figures show an open of $1.09688, a high of $1.10439, and a low of $1.03015, accompanied by a volume of 15.22 million. The market structure remains fragile as the price compresses near support.
#XRP – WHY IS XRP CRASHING HARDER THAN #BTC, #ETH & #SOL Since November 4th?
Guys, LOOK AT THE NUMBERS!
XRP: −23.4%
WHY IS XRP TAKING THE BIGGEST HIT?My probability-based assessment:
1️⃣ 30% – LEVERAGE FLUSH: Long… pic.twitter.com/dAGlvP8Aij— EGRAG CRYPTO (@egragcrypto) November 10, 2026
Three Theories With One Dominant View
EGRAG CRYPTO presented three probability-based hypotheses to account for XRP’s underperformance. He assigned a 30% probability to a leverage flush, pointing to “long liquidations and weak buying demand accelerating the crash.”
He allocated a 20% probability to OG selling, characterizing early investors as “potentially taking profits and rotating into other coins.” His highest probability, set at 50%, is attributed to market manipulation, which he defines as “a deliberate liquidity hunt to shake out weak hands.”
He emphasizes that these are subjective assessments rather than verified facts, noting in his post: “These are my subjective estimates, NOT proven facts.” Nevertheless, he considers manipulation the primary driver, viewing the price action as a coordinated initiative to flush out retail traders ahead of a potential recovery.
The Question Whales Have to Answer
EGRAG CRYPTO concludes his breakdown by raising an open question regarding whether large holders (whales) are absorbing the selling pressure or contributing to it. If major investors are accumulating coins at current levels, the market outlook becomes more constructive, especially since wallets holding at least 1 million XRP recently reached a 2026 high. Conversely, if these large entities join the selloff, the dotted support line near $0.95 will face an immediate test.
The comparative performance across all four assets provides additional context. While BTC, ETH, and SOL have also experienced steep declines, they have not broken their relative structures to the same extent as XRP. This divergence forms the foundation of the analyst’s concerns and explains why the manipulation theory holds the greatest weight in his evaluation.
Frequently Asked Questions
Why is XRP performing worse than Bitcoin, Ethereum, and Solana since November 4?
Since November 4, XRP has dropped by 23.40%, outpacing the losses seen in Ethereum (-18.18%), Solana (-16.99%), and Bitcoin (-10.37%). Analyst EGRAG CRYPTO attributes this sharper decline to potential factors like leverage flushes, long-term holder profit-taking, or market manipulation.
What price levels does XRP need to reclaim for bulls to regain control?
According to EGRAG CRYPTO, bulls need to successfully reclaim two key resistance levels: first $1.15, and subsequently $1.25.
What are EGRAG CRYPTO’s theories for the selloff?
The analyst outlines three probability-based theories: a 30% chance of a leverage flush, a 20% chance of long-term holder profit-taking (OG selling), and a 50% probability of market manipulation aimed at shaking out retail traders.
Where is XRP’s key support located?
XRP is currently hovering in a stabilization zone between $1 and $1.04, sitting directly above a dotted support line near $0.95 on the daily Bitstamp chart.
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Written by
Elara Winter
