Saturday, 7 November 2026

XRP Still Can’t Find a Bottom. What Now?

In this video: XRP keeps selling off and there is still no confirmed low. Here is the support level just below and what has to happen before a bottom can be confirmed. Video by More Crypto Online.

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XRP is trading between $1.17 and $1.22, reflecting a weekly decline of roughly 6%. Similar to the rest of the crypto market, XRP has faced selling pressure following a sharp macro-driven risk-off wave in traditional U.S. tech and AI stocks. Despite the short-term price drop, underlying institutional adoption and whale accumulation show strong resilience.



XRP Insights Today

• Whale Accumulation Spikes: According to Santiment data, the number of wallets holding at least 1 million XRP hit a 2026 record of 2,147, with large entities adding 60 million XRP over the past week despite the falling prices.

• Regulatory Foundations: Following its official SEC digital commodity classification earlier this year, Ripple continues to secure major milestones, including recent OCC approval for a U.S. national trust bank charter.

• Stablecoin Integration: Coinbase's integration of Ripple’s RLUSD stablecoin (now boasting a $2.6 billion market cap) is steadily creating highly liquid, fully backed trading pairs on the XRP Ledger.

• ETF Flow Activity: Spot XRP ETFs—which originally commanded $1.5 billion in their first 60 days—recorded minor outflows of roughly $500,000 this week, adding slight short-term downward friction.

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