XRP Fell 7% This Week and Ethereum Less Than 1%. Why Is XRP the Weakest of the Top Five Cryptos?
Spot XRP ETFs recorded zero net flows for four straight days, and the stalled CLARITY Act removed a possible regulatory catalyst.
- On Friday, November 13, XRP dropped below $1 for the first time since mid-August, trading near $0.95 after a 17.5% decline over the past week.
- Forced liquidations of $1.23 billion in leveraged positions within 24 hours and four consecutive days of zero net inflows into U.S. spot XRP funds from November 3 to November 6 accelerated the token's decline.
- XRP lost 11.5% over the past week, underperforming Bitcoin at 3%, Ethereum at 6%, and Solana at 6.8%, making it the weakest performer among major cryptocurrencies.
- The Bitrue Research Institute identified a daily close above $1.18 as a crucial recovery signal, a level where selling pressure has recently halted bounces and where buyers must regain control.
- If Bitcoin breaks below $74,722, XRP could slide toward $0.90 or $0.80, particularly as the market lacks a catalyst comparable to August's White House summit that previously sparked recovery.
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BizTocXRP Fell 7% This Week and Ethereum Less Than 1%. Why Is XRP the Weakest of the Top Five Cryptos?
While Bitcoin, Ethereum, Solana, and BNB all hold a key long-term trend line, XRP has slipped under it alone. Missing support from fund buyers and a habit of overreacting to Bitcoin may explain why, and two signals could show whether a turnaround is near.
Illustrative image Photo: PexelsXRP drops to $0,89 with ETF outputs and retreat of stablecoins draining capital from cryptic market
The XRP has been back under a dollar for the first time since August, after losing nearly 38% since its peak in October. More than a psychological threshold, this breakup changes the structure of the market: every rebound to a dollar can now meet sellers who want to get out of balance. L的article The XRP is under 1 dollar, the worst is yet to come? appeared first on Cointribute.
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