XRP (CRYPTO:XRP) has dropped 18.4% over the past seven days, making it the worst-performing major coin over that period. As of November 10, 2026, XRP trades at $1.04. In comparison, Bitcoin (CRYPTO:BTC) fell 5.6%, Ethereum (CRYPTO:ETH) 11.6%, and Solana (CRYPTO:SOL) 12%.
XRP’s decline began before this week, with a 21.6% drop over two weeks, a 26% fall over 30 days, and a 16.7% decrease so far in November. It also trades 71.5% below its all-time high of $3.65, reached on July 17, 2025. So is XRP dead?
XRP’s Drop Followed a Market Selloff as ETF Buyers Went Quiet
Several factors hit XRP, starting with the broader market. A brief crypto rally around November 4 reversed when Bitcoin began to slide, dragging most altcoins down. Major investors also pulled money from crypto, as U.S. spot Bitcoin ETFs lost $201 million on November 9.
In market downturns, XRP has historically fallen harder than Bitcoin, which is why XRP drops every time Bitcoin drops. Since smaller coins have fewer dedicated buyers, they tend to drop further during a selloff.
Additionally, XRP’s spot ETFs, funds that hold XRP so investors can buy it through brokerage accounts, went quiet. These funds saw zero net flows from November 3 to November 6, according to SoSoValue. On November 9, they lost $10.4 million, cutting off one of XRP’s few regular sources of demand.
Sentiment also turned negative when David Schwartz, Ripple’s former CTO, said he had sold nearly all his digital assets, although he continues to hold Ripple stock.
XRP Trades Below Every Moving Average and Fell Hardest of the Four Majors
XRP trades below its 20-day moving average of $1.25, its 50-day average of $1.36, and its 200-day average of $1.27, each the average closing price over that period. So the average buyer from the last month, the last several months, and the past year is facing a loss. To recover even to its nearest moving average, XRP would need to climb 20%.
Moreover, XRP has dropped below its 30-day low close of $1.10 from November 9. The next support level is its lowest close in a year, 99 cents from August 16, which is about 5% below the current price. For XRP to recover before the end of November, it must first regain $1.10.
XRP wasn’t alone among the larger altcoins. Bitcoin Cash (CRYPTO:BCH) dropped 17%, and Hyperliquid (CRYPTO:HYPE) fell 16.9%. Bitcoin held up better due to its larger base of long-term holders, with its ETFs managing $94.4 billion compared to XRP’s $1.24 billion.
XRP Has Survived Worse Crashes, and Its ETF Holders Haven’t Left
XRP’s ETFs provide some reassurance about its viability. Their net assets fell from $1.49 billion on November 4 to $1.24 billion, but only one day during that period saw outflows, so about 96% of the drop came from falling prices. Cumulative net inflows still amount to $1.8 billion.
Ripple also continues to advance development. The XRP Ledger has a roadmap for quantum-proof accounts, designed to resist future quantum computers that could break current encryption. XRP is up 3.7% over the past 90 days and 57.1% over three years.
XRP has faced bigger challenges before and bounced back, though its recoveries typically take time. After its January 2018 peak, the coin dropped almost 97% and took roughly seven and a half years to hit a new high. Its 2021 rebound topped 1,000%, yet it peaked 42% below its previous all-time high. XRP is now down nearly 59% over the past year, close to the 60% crashes that came before past rallies.
Questions XRP Holders Keep Asking
A broader market selloff has hit XRP harder than the other major coins, while its ETF inflows have stalled.
Will XRP Ever Recover?It’s possible, but history shows that XRP’s recoveries can take time. A close above the $1.25 20-day moving average, along with new ETF inflows, might signal that buyers are returning.
Is XRP Dead, or Can It Stay Above 99 Cents?XRP is facing serious challenges, but it’s not dead. With $1.24 billion in ETFs and an active company behind it, XRP still has a base for recovery, although new buyers have been cautious. So far, traders have done the selling, while fund investors have mostly stayed put.
The warning sign would be a close below the 99-cent August low, alongside another ETF outflow like the $10.4 million on November 9. Until that happens, XRP remains alive, ranking as the sixth-largest cryptocurrency and keeping its ETF support.