XRP Slides as Trading Data Points to Thin Buyer Demand
XRP is trading below the $1.10 level highlighted in recent analysis as weaker demand and fading ETF support weigh on the token.
XRP is trading below the $1.10 level highlighted in recent analysis as weaker demand and fading ETF support weigh on the token. XRP (XRP) is trading at $1.05. This is an original TLT brief based on reporting by Cointribune, with live market data added, as of Tue, 10 Nov 2026 17:30:04 UTC.
XRP’s decline is being linked to insufficient buying interest rather than only heavier selling, while reduced support from U.S. spot XRP ETFs may leave the market more dependent on buyers willing to absorb available supply.
- XRP trades at $1.047, down 4.71% over 24 hours and 18.56% over seven days.
- Cointribune cites Binance data showing weak demand to absorb XRP supply.
- U.S. XRP ETFs reportedly no longer provide the support seen previously.
- The broader crypto market is also declining, with Bitcoin down 2.70% over 24 hours.
- Fidelity data points to Solana briefly outsizing NYSE in weekly trading
- XRP Slides as Trading Data Points to Thin Buyer Demand — this brief
XRP has moved below the $1.10 area highlighted in recent coverage, with live data placing the token at $1.047. The asset is down 4.71% over 24 hours and 18.56% over seven days, while its market capitalization stands at $66.51 billion. Cointribune’s analysis focuses on market depth: the reported decline was not driven solely by a new wave of selling, but by a lack of buyers willing to absorb the available supply at sufficiently aggressive levels.
Cointribune also says U.S. XRP ETFs no longer provide the support they had offered previously. Taken together, those two factors suggest that the token faces both limited immediate demand and less of the external buying support associated with the earlier period. The available information does not quantify how much of XRP’s supply is being held on exchanges or how large the reported change in ETF demand is.
The second outlet adds a longer-term context rather than corroborating the immediate Binance reading. The Crypto Basic cites market watcher Chart Nerd, whose analysis says XRP has reached new cycle highs every three to five years and may offer a framework for considering when another record high could occur. No specific forecast, target price or date is provided, and this historical framing differs from Cointribune’s emphasis on present buyer participation.
Market conditions provide some broader context for XRP’s weakness. The total crypto market capitalization is $2.5 trillion, and the overall market is broadly lower.
Bitcoin is down 2.70% over 24 hours, while the Fear & Greed index stands at 32, within the Fear zone. XRP’s four-day decline has therefore occurred during a generally adverse market backdrop, although its seven-day performance is substantially weaker than Bitcoin’s one-day move.
For traders and market observers, the central issue identified by the coverage is whether buyer demand can strengthen enough to absorb available supply while ETF support remains limited. The next data points to monitor are XRP’s position around $1.047, the depth of bids visible on Binance, and whether U.S. XRP ETF flows resume providing a meaningful source of demand. The historical three-to-five-year cycle discussed by The Crypto Basic offers context, but does not by itself establish when or whether XRP can recover its losses.
Since this brief published about 1 hour ago, XRP (XRP) has moved from $1.05 to $1.05 — +0.10%.
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). 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 ≈ ₦1,451.78 (about $1.05), down 4.2% over 24 hours. The naira itself trades about 2.7% 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 asset in this story — live, source-stamped, updated every 15 minutes.
XRP Slides as Trading Data Points to Thin Buyer Demand — questions & answers
Why is XRP trading below $1.10?
Cointribune cites Binance data showing insufficiently aggressive buyers to absorb available supply, as well as reduced support from U.S. XRP ETFs. The broader crypto market is also down.
What does the three-to-five-year XRP cycle represent?
The Crypto Basic cites Chart Nerd’s analysis that XRP has reached new cycle peaks every three to five years. The report does not provide a specific target or forecast.
How has XRP performed over the latest seven days?
XRP is down 18.56% over seven days and trades at $1.047, with a market capitalization of $66.51 billion.
How much is 1 XRP worth in naira today?
About ₦1,451.78 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.05. 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 up 0.10% since this brief first published — trading at $1.05 now versus $1.05 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 Cointribune. 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.