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XRP price steadies near $1.25 despite weak ETF demand and bearish market sentiment.

Market News
03 Nov 2026, 11:47 WIB
Crypto news
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Neutral
XRP price steadies near $1.25 despite weak ETF demand and bearish market sentiment.

XRP price held around $1.25 on November 3, showing stability despite a 16.5% drop over the past month and subdued institutional demand, with U.S. spot XRP ETFs seeing net outflows. Network activity grew, with nearly 8,000 new wallets created, possibly influenced by recent security concerns. Technical indicators suggest bearish momentum but highlight key support at $1.20 and resistance near $1.30, with analysts watching for a breakout above $1.27 or a drop below $1.23 to signal the next move. XRP remains relatively stable compared to larger declines in Bitcoin and Ethereum during the same period.

Despite the recent surge in new XRP wallets, the token remains steady on Pluang, trading at Rp22.762 with a slight 0.28% gain as of Nov 03, 2026 17:02 WIB. Market activity shows a balanced interest with 64% of orders on Pluang being buys and a typical hold time of 73 days, indicating patient investors amid ongoing market dynamics.

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