TLDR
- XRP trades near $1.0448 on November 12, down 0.61% and about 35% below its October high near $1.60.
- US spot XRP ETFs saw $18 million in outflows over two sessions, though cumulative inflows stand near $1.71 billion.
- The August low at $0.9852 is the next major support level.
- RSI sits at 23.08, a deeply oversold reading, while MACD stays negative.
- Santiment says wallets holding 10,000 or more XRP are growing as price falls.
XRP traded near $1.0448 on Thursday, November 12. That is a daily drop of 0.61%. The price is now close to the $1 mark.
The token has lost about 35% since its October high near $1.60. ETF withdrawals and weaker technical readings have added to the selling. The next major support sits at the August low of $0.9852.
Ripple has kept building out its business while the price falls. On October 28, the company said its annualized product revenue run rate was approaching $900 million. It tied the growth to demand for payments, custody and financial services.
Ripple also announced partnerships with Robinhood, Coinbase and BNY. These cover stablecoin distribution, custody and tokenized finance. The company also received final approval from the US Office of the Comptroller of the Currency to set up a national trust bank.
LATEST: ⚡ Robinhood will use Ripple’s RLUSD stablecoin to settle institutional trades and automate treasury operations, and will tap Ripple Prime for financing, under a new partnership. pic.twitter.com/G6flcYOAC5
— CoinMarketCap (@CoinMarketCap) October 27, 2026
Many of these products can run on the XRP Ledger without large XRP purchases. Beyond network transaction fees, they do not always create direct demand for the token. That gap has shown up in the price chart.
ETF Outflows Pile Up
US spot XRP ETFs recorded $7.6 million in net outflows on November 10, according to SoSoValue. That followed $10.4 million in withdrawals on November 9. The two sessions together came to $18 million.
Grayscale’s GXRP made up $7.2 million of the November 10 outflow. Over the latest 30 sessions, the funds still show about $1.3 million in net inflows. Since launching in November 2025, cumulative inflows are near $1.71 billion.
Bitwise’s XRP ETF is the largest contributor, with about $670 million in total inflows. Short-term flows have turned negative, but the longer-term total remains large.
Santiment pointed to a different trend among bigger holders. The analytics firm said wallets holding at least 10,000 XRP now number roughly 343.5K. That is up 16,815, or 5.15%, in nine months.
Santiment noted that price fell about 30% over the past seven weeks while these wallet counts rose. It called $1.00 the key level to defend. If the wallet growth continues and Bitcoin stabilizes, the firm sees a move back to $1.10–$1.15 as possible.
🚨 XRP Shark Accumulation is BUILDING While Retail Fears Sub-$1.00 Prices
🐋 XRP wallets holding at least 10K tokens are growing at a rapid rate here in November. There are now roughly 343.5K of these wallets, up 16,815 (+5.15%) in 9 months. Larger holders are expanding even as… pic.twitter.com/VUQqaOs5Xf
— Santiment Intelligence (@SantimentData) November 11, 2026
Analyst Crypto Patel also weighed in on X as XRP returned to $1. He said his macro accumulation zone remains $1 to $0.70. He warned that a confirmed break below $1 could bring another 30–40% drop.
$XRP at $1 Again. Panic or Opportunity?
Everyone wants to see XRP at $10+, but very few are prepared to accumulate when the market looks ugly.
My macro accumulation zone remains $1–$0.70.Here’s the Risk: A confirmed breakdown below $1 could trigger another 30–40% correction.… pic.twitter.com/YQocDBVz2l
— Crypto Patel (@CryptoPatel) November 11, 2026
Patel said he plans to use that zone for long-term dollar-cost averaging entries. He keeps a macro target of $10 or higher.
Technical Levels in Focus
XRP’s daily chart shows a downtrend that began after rejection at the $1.55–$1.65 resistance zone in early October. Since then, the token has made lower highs and lower lows. It has also fallen below the former $1.18–$1.25 support area, which may now act as resistance.
Thursday’s intraday low was $1.0364. A daily close below $0.9852 would open the way toward $0.90–$0.95. Below that, the $0.80–$0.85 demand zone comes into view.
The Relative Strength Index is at 23.08, which signals oversold conditions. Such readings can raise the odds of a short-term bounce. They can also last for a while during strong downtrends.
The MACD line is at -0.0746, below its signal line at -0.0566. The histogram reads -0.0180. Neither indicator has confirmed a reversal.
On the XRP Ledger, DefiLlama data for November 12 showed about 3.93 million transactions and 60,898 active addresses in 24 hours. DEX volume was $8.19 million, and DeFi total value locked was near $32.44 million. Stablecoin market cap was about $964.7 million, with RLUSD making up more than 90%.
A CCN report from November 10 found XRP funding rates on Binance at a one-year high. This came even as the price fell. Traders will watch whether XRP can reclaim $1.10–$1.12 or whether it slips below $0.9852.
