On November 15th, the price of XRP fell below $1, reaching $0.89. As the cryptocurrency market continued to decline, US spot XRP exchange-traded funds (ETFs) also recorded another week of capital outflows.

Under widespread selling pressure, the price of XRP fell to around $0.89 on November 15, before rebounding to around $0.95.

U.S. spot XRP ETF recorded a weekly net outflow of $19.13 million, the largest in about eight months.

CryptoQuant reports that its 50-day Binance XRP whale transfer indicator increased by 93% from August 16 to November 12.

Analysts regard $0.90 and $0.85 as potential support levels, while $1 remains an important target for a rebound.

The next scheduled release of Ripple will take place on December 1st, at which time 1 billion XRP tokens that meet the release criteria will be available.

According to the price data of crypto.news, the trading price of XRP is close to $0.95, with a decrease of about 3.4% within 24 hours. During the trading session, the price fluctuated between $0.894 and $1.00.

After falling to around $62,000, Bitcoin is trading near $64,000, while Ethereum remains around $1,800. XRP Over the past week, it has fallen by more than 15%, far below the level of $1.30 recorded at the beginning of November.

XRP Price Falls Below $1, Selling Pressure Continues in the Crypto Market

As previously reported by crypto.news, the supply of stablecoins decreased by $14.2 billion over a 30-day period ending November 9th. Market research indicates that this contraction occurred alongside a weakening in buying demand and withdrawals by funds. At the same time, traders using leverage faced forced liquidations when price drops resulted in insufficient collateral to support their bets.

Liquidation will exacerbate the existing downward trend, as exchanges will automatically close leveraged positions. During the recent round of market selling, Bitcoin faced multi-billion-dollar long liquidations.

XRP ETF recorded a weekly outflow of $19.13 million

SoSoValue data shows that during the trading week from November 9th to 13th, there was a net outflow of $19.13 million in US spot XRP ETF. This is the second consecutive week of capital withdrawal and also the largest single-week net outflow in about eight months.

The majority of the capital withdrawals occurred on Monday and Tuesday. On November 9th, $10.42 million flowed out of the fund, and on November 10th, another $7.62 million was withdrawn. There was no net change on Wednesday and Thursday, but on Friday, an additional $1.09 million was withdrawn.

By the end of the week, the total assets of these funds amounted to approximately $1.15 billion. The outflow of $19.13 million was equivalent to about 1.7% of that scale, and the changes in the market price of XRP largely explain the decline in the reported total value of the funds.

As the price of XRP weakens, whale transfers of Binance increase.

In addition, on-chain data indicates that during this round of decline, there has been an increase in activity among large holders of XRP on Binance. Analyst CryptoOnchain from CryptoQuant reported that the 50-day moving average of their XRP whales' transfers to exchanges rose from 12,315.2 on August 16 to 23,816.3 on November 12.

This increase of nearly 93% has brought the short-term average value almost in line with the 365-day average value of 23,833.7. The analyst stated that during a portion of this period, XRP fell from around $1.25 on November 2 to $1.04 on November 12.

Transactions transferred into the exchange may occur before sales, but this indicator does not prove whether the transferred XRP will ultimately be sold. CryptoOnchain considers the possible reallocation of positions by large holders as an explanation, but it does not confirm their actual trading behavior.

The derivatives market showed different signals earlier this week. Analyst Darkfost pointed out that the funding rates on Binance were abnormally high, with a 30-day cumulative reading reaching around 0.18% on November 10th, the highest since October 2025. Positive funding rates usually indicate that traders holding long positions are paying fees to those holding short positions.

Traders are watching the $0.90 support level, what is the price outlook for XRP?

Cryptography analyst CrediBULL Crypto stated that XRP has already reached the previously identified downward target, but warned that its trading pair relative to Bitcoin and Ethereum does not seem to have bottomed out yet.

He said that the market might further decline below the current price range, or it could consolidate sideways before a stronger rebound. He indicated that he would consider buying spot at around the current level and would wait for further confirmation before entering into leveraged long trades.

Another analyst, Carolina, listed $0.95, $0.90, and $0.85 as levels to watch for further declines. The possible rebound paths she mentioned include $1.05, $1.12, and $1.25, but she also warned that a sustained reversal requires more than just a brief rebound.

From the daily chart perspective, XRP is still below the 20-day moving average of around $1.16. After the low point on Sunday, the current support level is around $0.90, while $0.85 is the next area that traders are discussing. If it manages to break back above $1, the previous support level that was breached will once again become a focal point.

The next scheduled release date for the custody of Ripple is December 1st, at which time 1 billion XRP tokens will become available for release from four custody addresses on the chain. The company previously released 1 billion XRP tokens on November 1st and then returned 700 million tokens back to custody.

Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only.