XRP recently saw its price drop below $1 for the first time since August, closing in the red for nine days in a row. Here is a simple breakdown of what is happening with XRP right now:

• The Price Drop: XRP started November trading at $1.30. By Friday, it fell to around $0.9974 before recovering slightly to about $1.025. Earlier in the autumn, it reached a high of $1.60, meaning it has dropped about 38% from that peak.

  
  

• Is it a Free Fall?: Even though the price fell for nine straight days, technical indicators show it is not crashing out of control. A tool called Bollinger Bands places the lower safety line at $0.90, and XRP is still trading above that level.

  
  

• Market-Wide Drop: XRP's price fell because the rest of the crypto market was also going down. Bitcoin dropped below $70,000, driven by a drop in tech stocks and worries about future interest rate hikes.

  
  

• ETF Outflows: Investment funds holding XRP lost money this week, with net outflows reaching $18.04 million by November 13. The total value of assets in these funds decreased from $1.51 billion to $1.16 billion.

  
  

• Whales Are Buying: Even though prices are dropping, large crypto investors (called whales) are buying and holding more coins. In fact, the number of wallets holding over 1 million XRP reached a new high for 2026.