XRP is testing the critical $1 support level as broader cryptocurrency markets face a deepening selloff, according to a price analysis published on November 13, 2026. The token has come under pressure from two directions: significant outflows from spot XRP exchange-traded funds and a sharp decline in Bitcoin below the $70,000 threshold.
Spot XRP ETFs recorded approximately $18 million in net outflows during the recent trading period, signaling cooling institutional demand. Meanwhile, Bitcoin's slide below $70,000 has added to negative sentiment across digital assets, increasing downside risks for XRP as traders watch whether the $1 support level can hold.
The analysis frames the $1 level as a key technical and psychological boundary. A confirmed breakdown below it could accelerate selling pressure, while holding it may offer a base for stabilization. However, with ETF outflows and macro-driven risk aversion, the near-term bias remains cautious.