# XRP Trades 1.4% Below Its 200-Day Average in Binance Snapshot By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/45638 Published: 2026-11-01T00:21:18.000Z Updated: 2026-11-01T00:21:18.000Z Section: Investing > At 8:57 p.m. ET Oct. 30, XRP was 1.260 USDT against a 1.278 average based on 200 daily closes. XRP traded 1.4% below its 200-day simple moving average in a Binance spot snapshot late Oct. 30, placing the token below a widely watched measure of its recent price trend. At 8:57 p.m. ET Oct. 30 (00:57 UTC Oct. 31), XRP was 1.260 Tether (USDT), compared with a 200-day average of 1.278 USDT. The average was calculated from completed Binance spot XRP/USDT daily closes through Oct. 30 UTC. A simple moving average is the mean of those closing prices over the specified period. The reading came about 29 hours after Binance said its hot wallets were compromised at about 4:05 p.m. ET (20:05 UTC) Oct. 29. Binance estimated the incident’s impact at about $6.3 billion. The sequence does not establish that the incident caused XRP’s price move. A [previous analysis of XRP’s moving averages]() described the token as trading above its 100-day and 200-day averages. The Oct. 30 snapshot placed XRP below the 200-day average at that time. ## Links in this article - [previous analysis of XRP’s moving averages](https://www.tokenpost.com/news/investing/27092)