XRP changed hands at $0.9613 at 05:50 UTC on 15 November, down 3.3% in 24 hours and 5.1% above the close that reset its chart. On 14 November the token settled at $0.914, its lowest daily close since 15 November 2024, and the session’s low of $0.8922 printed on both Coinbase’s XRP-USD market and Binance’s XRPUSDT perpetual, the weakest print since 16 November 2024.
The session that took XRP under $1
Binance’s daily XRPUSDT candle for 14 November opened at $1.0109, traded as high as $1.0138, and then gave way to a $0.8930 low before closing at $0.9144. The 15 November session opened at that close, ran to $0.9794, and has held a $0.8992 low.
Volume separates a repricing from a thin-print accident. The 14 November candle carried 234.5 million XRP, 2.52 times the 30-day average of 93.2 million. Through 05:50 UTC on 15 November, 81.0 million XRP had traded.
The $1 level had already been tested this year without breaking. Coinbase daily candles show closes of $0.9986 on 14 August and $0.9926 on 16 August, both reclaimed within two sessions. The 14 November close was the first below $0.95 since November 2024, which is what makes this break different from the August ones.
| XRP snapshot, 15 November 2026, 05:50 UTC | Value |
|---|---|
| Price | $0.9613 |
| 24-hour change | -3.3% |
| Seven-day change | -13.7% |
| 30-day change | -26.7% |
| Year to date | -48.9% |
| From 2026 high of $2.3478 (5 January) | -59.1% |
| From all-time high of $3.65 (17 July 2025) | -73.7% |
| Market capitalisation | $61.10 billion |
| 24-hour volume | $3.85 billion |
| 20-day average close | $1.1643 |
| 50-day average close | $1.3017 |
| 200-day average close | $1.2553 |
Prices are spot quotes from CoinGecko’s XRP page, with daily candles taken from Binance XRPUSDT and Coinbase XRP-USD. Averages are simple means of the last 20, 50 and 200 daily closes.
Borrowed exposure left the trade before the price did
Open interest is the value of futures contracts still outstanding, and it moves for two reasons: traders opening new positions, or old positions being closed or liquidated. Binance’s XRPUSDT perpetual carried 346.3 million XRP in open interest on 6 November, and 291.4 million XRP at 05:50 UTC on 15 November. That is 15.8% fewer tokens in nine days.
Over the same window spot XRP fell 18.5%, from $1.179 to $0.9613, so dollar open interest fell 31.4%, from roughly $408 million to $280 million. Normalising for the price matters here. When token open interest falls less than the price does, most of the notional shrinkage is the mark rather than a mass exit: borrowed exposure was trimmed, not flushed.
Funding, the payment exchanged between long and short traders every eight hours, sat at -0.004441% at the same moment. Annualised across three windows a day, that works out to roughly -4.9% a year paid by shorts to longs: a slight negative, not a crowded short.
The exchange’s account-level long/short ratio fell from 3.065 on 13 November to 2.668 on 15 November, so accounts still lean long but less than they did two days earlier. The taker buy/sell ratio on 14 November was 0.8634, meaning aggressive sellers outnumbered aggressive buyers by roughly seven to six. A ratio below 1 with price near its lows is what forced selling looks like on the tape.
The limitation matters: exchange aggregates cannot separate a long being closed from a short being opened, and one venue is not the whole market. What the data supports is a statement about exposure being reduced, not a claim about who sold spot XRP.
Sixty-three billion tokens, and almost none of them arrived this year
XRP’s supply was fixed at 100 billion at creation and no new tokens are mined, so a 49% annual decline is a repricing of the float rather than dilution. The XRP Ledger’s own documentation puts the starting point plainly: “At the time of its creation, there were 100 billion XRP.”
The float is still growing, slowly. Ripple’s official XRP page reports 63,176,123,712 XRP distributed and 36,809,481,946 held as of 30 September 2026, of which 31,700,000,000 sit in on-ledger escrow. The same page states: “The majority of Ripple’s XRP supply is in escrow.”
CoinGecko counts 63,516,606,953 XRP in circulation today, 0.54% more than Ripple’s 30 September distributed figure. The tradable float grew by 340.5 million tokens in six weeks, against a price that has lost 48.9% this year.
Escrow is the mechanism behind that gap. XRPL documentation records that “In 2017, the company placed 55 billion XRP in escrow to ensure that the amount entering the general supply grows predictably for the foreseeable future.” Tokens move from escrow to Ripple’s operating balance on a schedule the price does not change, so holders face a known supply path rather than a discretionary one.
Market capitalisation follows the float. At $0.9613, 63.52 billion circulating tokens are worth $61.10 billion. At $1.00 they would be worth $63.5 billion, and at January’s $2.3478, $149.1 billion. Fully diluted across the full 100 billion, XRP is valued at about $96.1 billion.
XRP fell 26 points further than Bitcoin from the same January peak
The drawdown is not an XRP-only event, but its depth is XRP’s own. All four majors peaked in the first half of January 2026 and have fallen since, and the token with the smallest float growth gave back the most value.
| Asset | 2026 high (close) | Drawdown at 15 Nov, 05:50 UTC | Distance from 200-day average |
|---|---|---|---|
| Bitcoin | $96,951.78 (14 January) | -33.2% | -11.3% |
| Ether | $3,354.92 (14 January) | -46.2% | -15.8% |
| Solana | $146.69 (14 January) | -51.6% | -20.1% |
| XRP | $2.3478 (5 January) | -59.1% | -23.4% |
XRP’s 59.1% decline is 25.9 percentage points deeper than Bitcoin’s 33.2%, and its 200-day gap is roughly double. That is what a high-beta asset does in a market-wide de-risking: it moves in the same direction as the largest asset and amplifies the move. The largest asset broke first: Bitcoin slipped under its 200-day average on 13 November after $1.62 billion of long liquidations, three sessions before XRP lost $1.
XRP and Solana reached 30-day lows together in early November, and the two drawdowns have run on different supply profiles: Solana’s float is inflationary, XRP’s is not. The data does not establish an XRP-specific cause for the larger decline, and any claim that one exists would need evidence this price and derivatives record does not contain.
The last time XRP closed near $0.89, it gained 174% in 30 days
On 15 November 2024, XRP closed at $0.8929 on Coinbase. Thirty days later, on 15 December 2024, it closed at $2.4465, a gain of 174.0%. Sixty days after the November close the token traded at $2.6674, up 198.7%.
That comparison needs its caveats. The November 2024 close arrived seven sessions after a $0.50 base, in the first month of a post-election rally, and XRP went on to a $3.65 all-time high in July 2025.
Today’s starting point is the far side of that high: the token is 73.7% below it and under its 20-, 50- and 200-day averages. One historical instance is an anecdote, not a base rate, and a chart that repeats a level does not repeat a regime.
Where the next decision sits
The levels below come from daily closes and intraday extremes on Binance XRPUSDT and Coinbase XRP-USD, not from a drawn trendline. Each has a stated invalidation.
$0.8922 is the first line that matters. It is 14 November’s low on both venues and the weakest print since 16 November 2024. A daily close below it would put the 16 November 2024 low of $0.8784 in play as the next reference, and after that the $0.77 area where XRP closed on 15 November 2024.
On the other side, $1.00 is the round level XRP closed above in every session between December 2024 and August 2026 except two, both reclaimed within days. A reclaim would be the first evidence that the break was an overshoot. The 20-day average at $1.1643 and the 200-day at $1.2553 sit above it. A daily close above $1.1643 on volume above the 93.2 million XRP 30-day average would invalidate the current downtrend read.
What the next daily close has to show
Three checks are observable within 24 hours. The first is whether 15 November closes above $0.9144, the level that ended the previous session. Holding it would keep 14 November’s low a wick rather than a settlement.
The second is funding. A move back above zero would mean longs are paying to hold again, which tends to accompany renewed directional demand rather than short covering.
The third is dollar open interest. A rebuild above $300 million alongside a rising price would suggest new exposure is returning. A falling price with rising open interest would suggest the opposite, and would make the $0.8922 test more likely to fail.
Across assets, Bitcoin’s own 200-day average near $72,976 is the gate. XRP’s break happened in a market where Bitcoin trades 11.3% below that average, so a broad stabilisation is the precondition most likely to matter for a token that has lost 59% of its value from the January high.
Frequently Asked Questions
Where is XRP trading right now?
XRP traded at $0.9613 at 05:50 UTC on 15 November 2026, down 3.3% in 24 hours, per CoinGecko’s spot snapshot. It is 3.9% below the $1.00 level it lost on 14 November.
When did XRP last close below $1?
The 14 November 2026 close of $0.914 was the lowest daily close since 15 November 2024, when XRP settled at $0.8929 on Coinbase. Two closes in August 2026 briefly printed under $1, at $0.9986 on 14 August and $0.9926 on 16 August, but neither was below $0.95.
What is the lowest price XRP has ever traded at?
CoinGecko records an all-time low of $0.002686 on 21 May 2014. In the current cycle, the lowest print is $0.8922 on 14 November 2026, confirmed on both Coinbase and Binance.
How much XRP is in circulation?
CoinGecko counts 63,516,606,953 XRP in circulation against a 100 billion maximum. Ripple reports 63,176,123,712 XRP distributed and 36,809,481,946 held as of 30 September 2026, including 31.7 billion in on-ledger escrow.
Prices, funding and open-interest figures in this article are point-in-time snapshots taken at 05:50 UTC on 15 November 2026 and will change. Averages, drawdowns and forward returns are calculated by BlockchainReporter from the daily candles cited above.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Market data is a point-in-time snapshot and may change after publication.
About the author
Tokoni Uti is a Lagos-based writer with several years of experience. Her work has appeared in the Huffington Post, the Los Angeles Free Press and the San Diego Free press among others. She is a graduate of Bowen University.
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