XRP price has fallen below $1 as selling pressure continues across the cryptocurrency market. ETF withdrawals and derivatives liquidations have added to the decline, while large holders are still accumulating the token. This creates a mixed picture for investors as XRP approaches an important support zone.
With momentum weakening and its August lows back in focus, can buyers prevent another decline toward $0.80?
XRP Price Falls Below $1 as Selling Pressure Increases
XRP has lost the psychological $1 level, extending its losing streak and bringing its August lows back into focus. The token recently traded near $0.99, down approximately 14.5% over seven days and nearly 38% from its October high of around $1.60.
The decline has also affected derivatives traders. Approximately $16.9 million in XRP positions were liquidated during the latest sell-off, adding further pressure as leveraged traders exited their positions. Meanwhile, futures open interest remained near $2.12 billion, showing that significant exposure remains in the derivatives market.
This combination could keep volatility elevated. If XRP continues falling, traders holding leveraged long positions may face further liquidations, potentially adding to selling pressure.
The breakdown below $1 is particularly important because buyers had previously defended this level during the market recovery. A sustained move back above $1 would be the first indication that buyers are returning. Until then, sellers retain the advantage.
XRP ETF Outflows Reach $19.13 Million
Institutional demand has also weakened as XRP struggles to maintain its price. US spot XRP ETFs recorded approximately $19.13 million in net outflows between November 9 and November 13, reversing some of the buying activity seen in previous weeks.
The largest withdrawal occurred on November 9, when investors pulled approximately $10.42 million from the products. Another $7.62 million exited on November 10, followed by smaller withdrawals later in the week. Despite this recent weakness, cumulative net inflows remain around $1.71 billion, while total ETF assets stand near $1.14 billion.
XRP Price Analysis: Can XRP Hold the $0.95 Support?
XRP’s price chart shows that the token has broken below the previous support region around $1.20–$1.25. The price is now approaching the $0.95–$1.00 demand zone, making it the most important area for buyers in the near term. If XRP holds this region and recovers above $1, the first resistance to watch is $1.20–$1.25. A sustained breakout above this range could improve the technical structure and bring $1.55–$1.60 into focus.
However, a decisive breakdown below $0.95 could expose XRP to further losses toward $0.90. If broader selling accelerates, the $0.80 region could become the next major downside target. A decline from $0.99 to $0.80 would represent another loss of approximately 19%.
Momentum indicators also reflect the severity of the correction. The daily Relative Strength Index has fallen near 21.5, indicating deeply oversold conditions. This could support a short-term bounce, but it does not confirm that XRP has reached a bottom. For now, the $0.95 level remains critical. Buyers need to defend this region and push the token back above $1 to reduce immediate downside risks.
Is Another Drop Toward $0.80 Coming?
XRP is facing pressure from weakening ETF demand, derivatives liquidations and a deteriorating technical structure. Large-holder accumulation provides some support, but it has not yet translated into a price recovery.
The next move around $0.95 could determine the short-term direction. Holding this support may give buyers an opportunity to recover toward $1.20, while a breakdown could expose the token to $0.80. Until XRP reclaims $1.20, the recovery remains uncertain, and investors must account for the risk of another leg lower.
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