XRP is facing mixed market developments as institutional exposure to its exchange-traded funds attracts attention while its price remains under pressure. Raymond James Financial has disclosed XRP ETF holdings in its latest SEC filing, adding another financial institution to the reported holders list. However, the XRP price has reversed its earlier gains after failing to break above $1.55 resistance. The token is now approaching $0.99 support, which could determine its next significant price movement.
Table of Contents
Raymond James Reports XRP ETF Exposure in SEC Filing
According to Xaif Crypto, Raymond James Financial has disclosed holdings in XRP exchange-traded funds through its latest SEC Form 13F filing. The disclosure adds another financial institution to the list of firms reporting exposure to investment products linked to XRP, strengthening attention around institutional participation in the cryptocurrency market.
The SEC filing covers the quarter ended September 30, 2026, and was submitted on November 12. Form 13F disclosures provide information about certain securities positions held at quarter-end. However, they do not necessarily reflect current holdings or confirm direct purchases of XRP tokens.
Source: Xaif Crypto’s X Post
This development highlights how traditional financial institutions can gain cryptocurrency exposure through regulated investment products. XRP ETFs provide an alternative to directly purchasing and managing digital assets, although institutional holdings alone do not guarantee immediate demand or price appreciation.
Also Read: XRP Price Nears Key Support After 25% Drop From October Levels
Institutional ETF Interest Contrasts With XRP’s Price Weakness
Raymond James’ disclosure adds to the institutional adoption narrative surrounding XRP. Financial advisers and investment firms can access cryptocurrency exposure through exchange-traded products, allowing them to participate in the market using conventional brokerage accounts.
However, institutional participation does not automatically translate into immediate price gains. ETF holdings and spot market performance can move differently, particularly during periods of broader cryptocurrency weakness. XRP’s recent decline demonstrates this difference as institutional interest attracts attention while sellers maintain pressure on its price.
XRP Price Tests $0.99 After Reversing From $1.55
The XRP price’s technical structure has weakened after the token failed to break above $1.55 resistance. According to Ali Charts, the rejection near the upper boundary of its trading channel triggered a reversal toward the lower boundary around $0.99. This has placed the immediate support level at the center of market attention.
The XRP price was trading near $1.03 on November 13, while its seven-day performance showed a decline of approximately 14.5%. The $0.99 area remains important because buyers must defend this level to prevent further deterioration. A sustained recovery could improve sentiment and support another attempt toward higher resistance.
Ali Charts Warns of Further XRP Decline Toward $0.80
Crypto analyst Ali Charts identified the failed breakout above $1.55 as an important turning point for the XRP price. According to the analyst, the token has completed a full reversal toward the lower boundary of its trading channel. The analyst considers $0.99 essential for maintaining the possibility of another bullish move.
Source: Ali Charts’ X Post
If buyers defend this support, XRP could attempt a recovery toward $1.55. However, a confirmed breakdown below $0.99 could expose the token to further downside toward $0.80. This remains a conditional technical target rather than a guaranteed outcome, depending on selling pressure and market demand.
What Comes Next for XRP?
XRP’s immediate direction will depend on whether buyers can maintain support near $0.99. A successful defense could help stabilize the price and create an opportunity for recovery. Meanwhile, the Raymond James disclosure adds another development to the institutional adoption narrative surrounding regulated XRP investment products.
Traders will continue watching the $0.99 support and $1.55 resistance levels. A breakdown could expose XRP to $0.80, while stronger buying pressure may improve its recovery prospects. Institutional exposure provides positive context, but the token’s next move will ultimately depend on market demand and technical conditions.
Also Read: XRP Wallet Accumulation Strengthens Despite the XRP Price Falling Toward $1
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Usman Zafar is a News Desk writer at Tronweekly with over five years of experience in cryptocurrency and blockchain journalism. He covers Bitcoin, Ethereum, DeFi, crypto laws and regulation, market activity, Layer 2 scaling solutions, and blockchain-based innovations, focusing on fast-moving developments and official industry updates. Usman previously wrote for BTCread and follows strict verification and editing practices to ensure accurate, timely, and responsible crypto news for a global audience.
