XRP price hits two-year low below $1: Is $0.85 next?

XRP price has fallen below $1 and touched $0.89 on November 15 as the cryptocurrency market continues to decline and US spot XRP exchange-traded funds record another week of withdrawals. XRP price dropped to approximately $0.89 on November 15 before recovering toward $0.95 amid widespread cryptocurrency selling. US spot XRP ETFs recorded $19.13 million in weekly net withdrawals, their largest in roughly eight months. CryptoQuant reported a 93% increase in its 50-day Binance XRP whale-transfer metric between August 16 and November 12. Analysts identified $0.90 and $0.85 as potential support levels, with $1 remaining an important recovery target. Ripple's next scheduled escrow release will make one billion XRP eligible for release on December 1.

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