XRP Drops 32% in Volume: Is It Concerning?
Analysis
Price Impact
HighXrp has seen a significant 32% drop in spot trading volume, coupled with a nearly 3% price decline in 24 hours and over 12% weekly. this indicates a strong bearish sentiment and a potential lack of buying interest, with traders sitting on the sidelines.
Trustworthiness
MedThe analysis is from u.today, a known crypto news outlet, citing data from coinmarketcap and santiment, and an analyst 'ali'. while it uses data, the interpretation involves market sentiment and predictions, which can be subjective.
Price Direction
BearishXrp is extending declines, poised for multiple days of losses, and flirting with a drop below the $2 mark. the decreasing volume during a price drop often confirms selling pressure or a lack of buyers. the market's 'extreme fear' and the anxiety among long-term holders further support a bearish outlook.
Time Effect
ShortThe immediate price action and volume drop are short-term indicators. the market is awaiting catalysts, such as the federal reserve's meeting minutes, which will likely influence sentiment and price direction in the very near term. social interest is rising but hasn't translated into positive price action yet.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News XRP sees rising social interest Markets await catalyst Advertisement XRP is facing a price drop on Wednesday, with its spot trading volume dropping by nearly 32% to $4.64 billion, according to CoinMarketCap data. At press time, XRP was down 2.97% in the last 24 hours to $2.11 and down 12.21% weekly. XRP is extending its decline from a Nov. 10 high of $2.58, poised to record seven out of eight days in losses. A brief relief rally on Tuesday saw XRP reach $2.24 before it started declining. A drop in trading volume might reflect traders sitting on the sidelines, awaiting the next move on the market. HOT Stories Nvidia Rescues Bitcoin with Higher-Than-Expected Earnings XRP to Start Trading on NYSE Tomorrow Crypto Market Prediction: It's Not Over for Shiba Inu (SHIB), Can Solana (SOL) Avoid Death Cross? Ethereum (ETH) Price Crash Canceled Here Tom Lee on Market Crash: 'Bottoms Are Ugly' Market sentiment remains grim, with the Fear and Greed Index sitting at 16 (extreme fear), even as BTC dominance slips and capital rotation takes place. Advertisement Long-term holders have moved from euphoria to denial, and now anxiety is creeping in as $XRP flirts with a drop below $2. pic.twitter.com/slpyguFzKr — Ali (@ali_charts) November 19, 2025 According to Ali , long-term holders have moved from euphoria to denial, and now anxiety is creeping in as XRP flirts with a drop below $2. Below the current price of $2.11, the next key XRP support levels are $1.91 and $1.73. XRP sees rising social interest A recent analysis shared by Santiment on X indicated XRP among top coins leading all rising conversations across crypto social media based on social volume data. Santiment noted that XRP is trending due to multiple discussions around its price movements, ETF launches involving XRP and its role on the cryptocurrency market. Discussions also highlight the launch of XRP-based ETFs , including the first XRP option income ETF by Amplify, and debates whether ETFs could aid XRP adoption or just serve as speculative investment vehicles. Markets await catalyst The minutes of the Federal Reserve's October Fed meeting, where the central bank cut rates by 25 basis points to the 3.75% to 4.00%, were scheduled for launch on Wednesday at 7:00 p.m. GMT. Bitcoin dominance has fallen to 58%, showing traders' preference for altcoins as the market decides its next move. Investors will be looking for clues as to the extent of the divide at the Fed over the need for further easing in the coming months and the possibility of another rate cut in December. Recently, the chances of a 25 basis point cut in December have fallen, highlighting a shift in expectations. #XRP News #XRP