XRP · Trending question
Why is XRP dropping? XRP slips below $1 for the first time since August, and the levels traders are now watching
Why is XRP dropping? XRP briefly broke below $1 on 13 November. The four drivers, the key support levels and a risk-first way to read the move.
"Why is XRP dropping" is now one of the top XRP questions on Google autosuggest, next to "XRP below $1". The reason is simple: on Friday, 13 November, XRP briefly traded under $1 for the first time since August, touching an intraday low of about $0.9967, according to TheStreet.
By early Saturday (14 November, 07:52 Macau time) XRP was near $1.008, down about 3.1% in 24 hours and 14.3% in seven days, with a 24-hour low of $0.9998, according to CoinGecko data. That puts the token about 72% below its all-time high of $3.65 from July 2025.
Key takeaways
- XRP fell below $1 on 13 November, its first dip under that level since August (TheStreet).
- The fall is part of a market-wide sell-off: Bitcoin dropped to around $68,800 the same day (TheStreet).
- Forced selling of leveraged long positions and ETF outflows added pressure.
- Traders are watching $0.99 to $0.985 as support; momentum indicators are deeply oversold but still pointing down.
Why is XRP dropping? Four drivers
1. The whole crypto market is selling off
XRP is not falling alone. TheStreet reported that Bitcoin fell 6.7% to around $68,800 on 13 November, and Ethereum has lost the $2,000 level, per FXStreet. When Bitcoin breaks a big round number, large altcoins like XRP usually fall harder, because traders cut riskier positions first. You can see that pattern in our Bitcoin dropping explainer.
2. Leverage is being flushed out
About $727 million of crypto positions were liquidated in 24 hours on 12 November, TheStreet reported. For XRP alone, FXStreet cited CoinGlass data showing more than $20 million of liquidations in 24 hours, with only about $1.2 million of that in shorts. In plain words: traders who bet on a bounce with borrowed money were forced out, and each forced sale pushed the price lower. Our guide to leverage and margin explains how that chain reaction works.
3. Macro pressure from inflation and the Fed
US producer prices rose 6.5% from a year earlier in the latest PPI report, according to TheStreet. Hotter inflation raises the odds of tighter Federal Reserve policy, and 24/7 Wall St. pointed to the Fed's 9 December decision as the next big event for XRP. We covered how a rate hike can hit crypto in this Fed and Bitcoin explainer.
4. Fund investors are stepping back
US spot XRP ETFs saw about $18 million of outflows over two sessions, TheStreet reported. That is small next to XRP's roughly $64 billion market value (CoinGecko), but it shows that new institutional demand is not there right now to absorb selling.
The levels traders are watching
| Level | Why it matters | Source |
|---|---|---|
| $1.00 | Round number and the main support being tested | FXStreet |
| $0.99 | Lower edge of the price channel analyst Ali Charts follows | TheStreet |
| $0.9927 | Lowest daily close of 2026 (16 August) | 24/7 Wall St. |
| $0.80 | Ali Charts' next target if $0.99 fails | TheStreet |
| $1.19 to $1.34 | SuperTrend and 50/100/200-day EMAs overhead | FXStreet |
Momentum is stretched: FXStreet put the daily RSI at about 22, deep in oversold territory. Oversold does not mean "must bounce". It means the move has been fast, and short, sharp bounces are common, but the trend stays down until the price gets back above those moving averages. If you are new to these tools, see support and resistance and technical indicators explained.
A practical way to read this move
A falling market near a big round number is where many beginners get hurt, either by buying too early or by panic-selling at the low. A risk-first check helps:
- Decide where your idea is wrong before you enter. On XRP, many traders use a daily close below the August levels (about $0.985 to $0.993) as that line.
- Size the trade from that stop, not from hope. Example: on a $10,000 paper account risking 1% ($100), an entry at $1.008 with a stop at $0.95 risks $0.058 per XRP, so the size is about 1,724 XRP (roughly $1,740), not your whole balance. Our position sizing guide shows the formula.
- Avoid high leverage in a liquidation-driven market; it is exactly what is being flushed out now.
Bottom line
XRP is dropping because of a broad crypto sell-off, forced selling of leveraged longs, inflation and Fed worries, and weak ETF demand. The $0.99 to $1.00 zone is the line the market is watching. You can follow the live XRP price and practise this kind of setup with zero real money on our paper trading platform.
Read next
- Why is Bitcoin dropping? Five forces that pushed BTC below $70,000 on 13 November, and what traders can learn from itAnalysis
- US gets court approval to seize $1.2B from the Binance hack as $2.7B sits frozen. What it means for tradersAnalysis
- Support, Resistance and Pivot Points: Finding Key LevelsGuide
- Technical Indicators Explained: Moving Averages, RSI and MACDGuide
Free tools: Paper trading simulator · Crypto converter · Liquidation calculator · Position size calculator
Sources
- CoinGecko market data via VoxTradePro snapshot (XRP $1.008, 24h -3.1%, 7d -14.3%, 30d -24.3%, 24h low $0.9998, all-time high $3.65 on 17 Jul 2025, rank 6), 14 November 2026 07:52 Macau time
- TheStreet, XRP crashes toward $0.99 as analyst warns of another brutal drop (first dip below $1 since August, intraday low $0.9967; $727M crypto liquidations on 12 Nov; PPI +6.5% y/y; about $18M spot XRP ETF outflows over two sessions; August low $0.9852), 13 November 2026
- FXStreet, Ripple Price Forecast: XRP risks losing $1.00 support (slide since 5 Nov; 24h liquidations above $20M, only $1.2M shorts, per CoinGlass; RSI 22; 50/100/200-day EMAs $1.26/$1.29/$1.34), 13 November 2026
- 24/7 Wall St., XRP Price Prediction: How Low Could XRP Go if It Closes Below $1? (lowest 2026 daily close $0.9927 on 16 Aug; next historical support about $0.63 from late 2023; Fed decision 9 Dec), 13 November 2026
- Blockchain Reporter, XRP News Today (XRP down 17.59% in November and 44.01% in 2026, per CoinMarketCap), 13 November 2026
Not financial advice. This article is for general information and education only. It is not a recommendation to buy, sell or hold any asset. Prices move quickly and figures quoted may already be out of date; markets involve risk, including the loss of capital. See our disclaimer.