Ripple Denies Hidden XRP Strategy as November Price Focus Returns
David Schwartz says Ripple has no undisclosed plan for XRP as the token trades near a closely watched August support level.
David Schwartz says Ripple has no undisclosed plan for XRP as the token trades near a closely watched August support level. XRP (XRP) is trading at $1.04, down 0.2% since this brief published. This is an original TLT brief based on reporting by Crypto Daily, with live market data added, as of Thu, 12 Nov 2026 06:45:02 UTC.
The exchange of comments puts Ripple's intentions back in focus while XRP remains far below its recent price range, raising questions about the support area traders are monitoring into November.
- Schwartz says Ripple has no secret plan for XRP
- XRP trades at $1.041, down 20.50% over seven days
- August support near $0.99 remains the key cited level
- Broader crypto sentiment remains in fear territory
- XRP Advocate Criticizes Ripple's Escrow Management Strategy
- XRP Community Member Criticizes Ripple's Focus on RLUSD Over Token's Price
- Morgan Defends XRP as Ripple Sales Debate Returns on X
- Ripple CEO Ties XRP Strategy to Payments and RLUSD Growth
- Ripple’s projected XRP escrow release puts 31.1 billion tokens in focus
- Flare CEO Urges XRP Holders to Focus on Utility Instead of Ripple
- Ripple Denies Hidden XRP Strategy as November Price Focus Returns — this brief
Ripple co-founder David Schwartz said Ripple has no secret strategy involving 
XRP, according to Crypto Daily. His comments came as attention turned toward the token’s position relative to the August low near $0.99, a level described as potentially important for determining XRP’s direction in November.
XRP was priced at $1.041 in the supplied market data, placing it above that reported August floor but still within roughly five cents of it. The token was down 1.87% over 24 hours and 20.50% over seven days, while its market capitalization stood at $66.13 billion.
The coverage comes from Crypto Daily alone, so the description of $0.99 as a critical November level and the framing of XRP as oversold are not independently corroborated here. The report did provide no numerical definition of oversold, timeline for Ripple’s strategy, or further details about Schwartz’s reply.
Market conditions were subdued overall. Total crypto market capitalization was $2.51T and the broader market was flat, while 
Bitcoin fell 0.31% over 24 hours. The Fear & Greed reading stood at 28, indicating fear. For XRP, the immediate points to monitor were its proximity to the cited August low, whether the wider risk-off backdrop persists, and the pace of its recent seven-day decline; no outcome or price target was established by the available reporting.
Since this brief published about 44 minutes ago, XRP (XRP) has moved from $1.04 to $1.04 — -0.19%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution; intraday detail builds over the first day). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,453.25 (about $1.04), down 1.6% over 24 hours. The naira itself trades about 3.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 12, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ripple Denies Hidden XRP Strategy as November Price Focus Re — questions & answers
What did David Schwartz say about Ripple’s XRP plans?
Schwartz said Ripple has no secret plan for XRP, according to Crypto Daily. The report did not provide additional details about the strategy.
What XRP level is considered important for November?
Crypto Daily identified the August low near $0.99 as a critical level. XRP was trading at $1.041 in the supplied data.
How has XRP performed in the latest market period?
XRP was down 1.87% over 24 hours and 20.50% over seven days. Its market capitalization was $66.13 billion.
How much is 1 XRP worth in naira today?
About ₦1,453.25 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.04. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.19% since this brief first published — trading at $1.04 now versus $1.04 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Daily. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.