Overview
- XRP trades around $2.30 after a roughly 20%–22% monthly slide, tracking a broader crypto pullback that left many major tokens down 20%–30%.
- Artemis data reported by crypto.news shows Ripple USD (RLUSD) supply topping about $1 billion, with adjusted transaction volume up 210% to over $4 billion and transactions rising roughly 26% to 480,000 in 30 days.
- Ripple Prime has rolled out an institutional OTC spot trading platform for XRP, RLUSD and other assets, alongside acquisitions such as Hidden Road and GTreasury aimed at serving large clients.
- Charts send mixed signals: a newly formed death cross points to downside risk, while a double-bottom near $2.1838 and bullish divergences suggest rebound potential; key levels include support around $2.20 and resistance near $2.46.
- Spot XRP ETF filings from issuers including Bitwise, 21Shares and Canary Capital are advancing with listings expected later in November, though approvals remain uncertain and some analysts warn of a retest near $2.05.