Nov. 15 (CandyPulse) — On Thursday we said $1.00 was the big round number to watch for XRP. On Saturday it broke. XRP fell below $1, trading around $0.96, as the weekend sell-off dragged the whole crypto market lower.
Key takeaways
| Item | Reading |
|---|---|
| Level broken | $1.00 |
| Reported price | About $0.96–$0.97 |
| One-hour move (Binance) | −2.14% to $0.9619 |
| 24-hour move | About −4.9% |
| Weekly move | About −18% |
| Losing streak | Nine daily losses, per one report |
| Spot XRP ETF flows, Nov. 13 | About −$1.09 million |
Prices differ by exchange and time. Reports also disagree on when XRP was last below $1: some say August, one says about a month ago.
Nothing changes about XRP itself at $0.99 versus $1.01. But round numbers carry weight in markets. Many traders set automatic sell orders just below them, and a break makes headlines, which affects mood. That's why the move through $1 came quickly.
This is mostly a market story, not an XRP story:
ETF selling has slowed. About $1.09 million left XRP funds on Nov. 13, compared with roughly $10 million on Nov. 9. The price fell anyway, which points to the wider market as the cause.
Large holders are growing in number. One report says the count of big "whale" wallets has reached a record of about 343,500. That suggests some large investors are buying into the weakness. It doesn't guarantee a bottom, but it shows not everyone is selling.
Scenarios, not predictions:
Falling under $1 hurts, especially after nine down days. Keep it in view: XRP's use hasn't changed this week, only its price. Size your position so a further fall wouldn't force your hand, avoid leverage in a market this jumpy, and be wary of both "XRP is dead" and "buy now or miss out" voices. Our crypto glossary explains "support", "ETF" and "whale".
Watch whether XRP can reclaim $1, Monday's XRP ETF flows, and Bitcoin around $62,000.
More from today:
Track the market on our Bitcoin price today and crypto prices today pages, follow the Crypto News Today desk, and catch up every Sunday with CANDY Weekly.
Disclaimer: This article is for information only and is not financial advice. Market figures move quickly and different data providers can show slightly different numbers. Always do your own research before making any investment decision.
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