Overview
- XRP traded near $2.24–$2.26 on Nov. 15, down about 1.6% on the day, with market cap around $135.33 billion and 24‑hour volume falling 56.5% to $3.26 billion.
- Charts show a death cross and a series of lower highs and lower lows, with key support flagged near the October low around $1.7707 and bearish risk seen unless price reclaims the 50‑ and 200‑day moving averages.
- The newly launched Canary spot XRP ETF logged over $58 million in first‑day trading and has amassed roughly $248 million in assets.
- Ripple USD (RLUSD) surpassed a $1 billion market capitalization about a year after launch.
- Coverage attributes the price pressure to a wider crypto selloff—with Bitcoin reported below $96,000 and roughly $1 trillion erased from total market value—plus investors selling the ETF approval news, while a TD Buy signal suggests a possible near‑term rebound.