XRP Fell 7% This Week and Ethereum Less Than 1%. Why Is XRP the Weakest of the Top Five Cryptos?
Spot XRP ETFs saw zero net flows for four straight days, leaving the token without a key buying catalyst as traders await a Senate vote.
- XRP traded at $1.11 on Monday, Nov 9, down 20.7% over the past month as the fifth-largest cryptocurrency faces renewed selling pressure.
- Institutional interest has stalled, with spot XRP ETFs recording zero net flows from Nov 3 to Nov 6, while the CLARITY Act remains stalled in the Senate after failing a procedural vote on Sept 15.
- Bearish trends persist as XRP trades below its 20-day average of $1.27 and 50-day average of $1.37, recording an 11.5% decline over the past week.
- The $1 support level, defended in June and August, faces renewed pressure as selling increased late on Nov 8, pushing the price toward $1.07.
- Recovery requires a daily close above $1.18 and ETF inflows exceeding the $8.4 million recorded on Oct 29; without these, XRP risks sliding toward the $0.99 August low.
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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.
XRP Faces Selling Pressure as Trading Volume Falls
XRP remains under pressure as reduced trading activity limits recovery attempts and leaves buyers struggling to establish stronger upward momentum. Derivatives volume focus continues to be on Binance, while negative spot volume indicates downtrend in the market. Traders are watching $1.15 support and $1.18 resistance as XRP struggles to establish a convincing short-term direction. XRP has been trying to overcome resistance multiple times but wit…
XRP price falling below moving averages with RSI and MACD in weakness. Discover the key levels and current market scenarios.
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