🔻 $XRP fell below $1 again — a tough week for the 6th-largest coin
XRP is trading around $0.99, down 4.04% in 24 hours and nearly 14% over 7 days, according to CoinGecko. It’s been a steady decline, not a crash: at the start of the week, the price was still around $1.17, sliding to $1.05–1.10 on Nov. 9, touching ~$0.98 on Nov. 11, then falling below $1 again on Nov. 13–14. 24-hour trading volume rose about 36% to $2.6 billion. The level to reclaim is $1, with $0.95 below that.
In contrast to the price, institutional infrastructure continues to advance: BNY — a bank that holds $63.4 trillion in assets in custody — has enabled custody for XRP and RLUSD, and plans to let clients mint and redeem RLUSD directly. Ripple also just minted another 48.6 million RLUSD on Ethereum on Nov. 13, bringing the total supply to around 2.73 billion.
The broader backdrop remains grim: BTC is around $67,200, the Fear & Greed Index is down to just 13 (Extreme Fear), and Bitcoin ETFs have seen net outflows for the 7th consecutive day. Weekend liquidity is thin, and ETF inflows won’t return until Monday.
Do you think XRP can hold $1 next week, or will it test $0.95? 👇
This is market information, not investment advice.
#CryptoNews #XRP #Ripple
XRP is trading around $0.99, down 4.04% in 24 hours and nearly 14% over 7 days, according to CoinGecko. It’s been a steady decline, not a crash: at the start of the week, the price was still around $1.17, sliding to $1.05–1.10 on Nov. 9, touching ~$0.98 on Nov. 11, then falling below $1 again on Nov. 13–14. 24-hour trading volume rose about 36% to $2.6 billion. The level to reclaim is $1, with $0.95 below that.
In contrast to the price, institutional infrastructure continues to advance: BNY — a bank that holds $63.4 trillion in assets in custody — has enabled custody for XRP and RLUSD, and plans to let clients mint and redeem RLUSD directly. Ripple also just minted another 48.6 million RLUSD on Ethereum on Nov. 13, bringing the total supply to around 2.73 billion.
The broader backdrop remains grim: BTC is around $67,200, the Fear & Greed Index is down to just 13 (Extreme Fear), and Bitcoin ETFs have seen net outflows for the 7th consecutive day. Weekend liquidity is thin, and ETF inflows won’t return until Monday.
Do you think XRP can hold $1 next week, or will it test $0.95? 👇
This is market information, not investment advice.
#CryptoNews #XRP #Ripple
