XRP price falls 5.12 percent as ETF outflows test support

The XRP price remained under pressure on November 11 after a sharp decline through the previous week. Investing.com displayed XRP at 1.0449 USD at 18:12:17 Berlin time, while Kinzan recorded a November 10 UTC close of 1.1013 USD. Against that verified daily basis, XRP was down 5.12 percent. The calculation compares the same asset in USD and does not treat the move as a forecast.

The price level is significant because XRP has moved close to the 1.00 USD area that traders previously watched as support. A November 9 analysis by Yahoo Finance reported an intraday low of 1.07 USD and said buyers had defended the 1.00 USD level in June and August. Those historical levels are market context, not an assurance that the floor will hold again.

ETF Demand Has Gone Quiet

Fund flows have provided little fresh support. According to 24/7 Wall St., U.S. spot XRP ETFs recorded a 10.4 million USD net outflow on November 9. That followed four consecutive sessions with zero net flows from November 3 through November 6. The report said Bitwise's XRP ETF accounted for 9.4 million USD of the November 9 withdrawal, while other funds saw negligible movement. This concentration means the single-day figure alone does not establish broad investor capitulation.

The same report placed XRP below its 20-day, 50-day, and 200-day moving averages. It identified 1.27 USD as the level whose recovery would indicate that the downtrend is losing momentum. Technical levels can help frame risk, but they do not explain every market move or predict the next one.

Ledger Fix Addresses Issued Assets

Network developments offer a separate point of reference. A Yahoo Finance report said the XRP Ledger activated a fix for a flaw that could, in specific delegated PaymentBurn configurations, have allowed partner accounts to mint issued stablecoins instead of burning them. The risk did not affect ordinary XRP balances or create new native XRP, and developers had not confirmed exploitation. The fix therefore improves controls for issued assets but is not, by itself, a direct demand catalyst for XRP.

The XRP Ledger's official website describes the network as a public Layer 1 blockchain focused on payments, tokenization, and digital-asset settlement. For XRP investors, the immediate balance remains a weak price trend, subdued ETF creation activity, and continued attention to whether network improvements translate into actual asset usage.

More coverage is available on the XRP topic page.