Summary (TL;DR)
- Spot price: ~$2.21–$2.23 at publication; 24h range: ~$2.19–$2.31; market cap: ~$133B; rank: #4. [1]
- Tape today: After losing the $2.28 pivot overnight, XRP faded into the $2.20 support area, mirroring broader crypto softness. [2]
- What’s new on Nov 7: Market-wide risk-off continues; a new APAC policy literacy program with Ripple launched; intraday coverage highlights $2.20 as the line in the sand. [3]
- This week’s context: Ripple’s $500M raise at a $40B valuation (Nov 5–6) and remarks about no IPO timeline set the macro backdrop for XRP. [4]
XRP price at a glance (Nov 7, 2025)
- Price: ~$2.21–$2.23
- 24h change: ~–4% (source snapshot)
- 24h low/high: ~$2.19 / ~$2.31
- Circulating supply: ~60.1B XRP
- Market cap / Rank: ~$133B / #4
Figures above are from CoinMarketCap’s live dashboard at press time. [5]
Market action today: $2.20 is the battleground
XRP’s intraday slide through $2.28 triggered a quick risk-off move and a test of the $2.20 defense zone, according to CoinDesk’s morning note. The piece flags heavier-than-average volume on the breakdown and frames $2.28–$2.30 as the first area bulls must reclaim. [6]
Across the majors, crypto stayed soft into the European session: BTC hovered near ~$101.5K, ETH near ~$3.34K, and XRP near ~$2.20–$2.22, with total crypto market cap down ~2% and the Fear & Greed Index slipping back to “extreme fear.” [7]
Today’s range check: independent price tables show $2.19–$2.24–$2.24–$2.31 depending on the feed and timestamp, reinforcing the idea that XRP chopped around the $2.20 handle through the morning. [8]
What’s moving XRP right now
1) Broad risk tone: A cautious, rates-and-macro driven drift lower across majors kept altcoins heavy, with XRP underperforming slightly on the session. [9]
2) Company news & funding backdrop: Earlier this week Ripple raised $500M at a $40B valuation in a Fortress/Citadel-led round—its biggest capital headline since 2019. The raise underscores institutional interest in Ripple’s stablecoin, custody and payments stack, and it remains part of the week’s narrative weighing (and occasionally supporting) XRP flows. [10]
3) Product roadmap (lending protocol): At Ripple’s Swell 2025 this week, President Monica Long reiterated that “next up is a lending protocol” for the XRP Ledger—consistent with last month’s security “attackathon” prepping the feature. Builders and traders see on-ledger credit as a medium-term utility driver even if price action today is macro-led. [11]
4) Policy & ecosystem signals (today): Ripple and Singapore-based GFTN launched a digital assets literacy program for APAC policymakers, a soft but notable catalyst for regional adoption narratives. [12]
Technical picture: levels to watch today
- Immediate support:$2.20. A firm daily close below risks a fast look at $2.10–$2.00 where prior consolidation sits. [13]
- First resistance/pivot:$2.28–$2.30. Reclaiming this zone neutralizes the breakdown and opens room toward $2.35–$2.50. [14]
- Day’s realized range (so far): ~$2.19–$2.31 from price trackers during the European morning. [15]
Context note: intraday levels shift with volatility; the zones above reflect today’s most-cited thresholds in high-frequency coverage rather than long-term valuations.
XRP news roundup — Friday, Nov 7, 2025
- CoinDesk: “Breakdown sends XRP toward the $2.20 defense zone,” flagging an 84% volume spike vs. daily average on the selloff and a failure to retake $2.28. [16]
- Crypto.news market wrap: Risk-off day; BTC ~ $101.8K, ETH ~ $3.34K, XRP ~ $2.20, total crypto market cap ~$3.4T; sentiment back to “extreme fear.” [17]
- FinanceFeeds (midday): “XRP holds key support near $2.20; first resistance $2.28–$2.30,” tying the price map to Ripple’s growing stablecoin and institutional rails. [18]
- TechNode Global (APAC policy):Ripple × GFTN launch a digital-asset capacity-building program for regulators across Asia-Pacific. [19]
This week’s additional context (Nov 5–6):
- Funding: Ripple raises $500M at $40B valuation (Reuters, FT, CoinDesk). [20]
- IPO chatter: Ripple has no plan or timeline for an IPO, per Bloomberg’s interview with President Monica Long at Swell. [21]
How today compares with the recent trend
XRP traded around $2.53 on Nov 2 in CoinMarketCap’s weekly snapshot; today’s $2.21–$2.23 marks a ~12% pullback from last weekend’s print as the market worked through a November hangover. [22]
Short-term outlook (not financial advice)
- Constructive if buyers retake $2.28–$2.30 on convincing volume; that would re-open $2.35 → $2.45–$2.50 into the weekend. [23]
- Caution if $2.20 breaks on a daily close; sellers could probe $2.10–$2.00, especially if broader crypto remains in risk-off mode. [24]
Methodology & sources
Prices, market cap, 24h range and ranking referenced from CoinMarketCap’s live XRP page at publication. Intraday technicals and levels referenced from CoinDesk’s Nov 7 analysis and FinanceFeeds. Market-wide context and sentiment referenced from Crypto.news. Corporate developments referenced from Reuters/FT/CoinDesk/Bloomberg coverage this week. Historical range checks cross-verified with Investing.com tables. [25]
Disclosure: This article is for informational purposes only and is not investment advice. Cryptocurrency is volatile and capital is at risk. Always do your own research.
References
1. coinmarketcap.com, 2. www.coindesk.com, 3. crypto.news, 4. www.reuters.com, 5. coinmarketcap.com, 6. www.coindesk.com, 7. crypto.news, 8. coinmarketcap.com, 9. crypto.news, 10. www.reuters.com, 11. cryptobriefing.com, 12. technode.global, 13. www.coindesk.com, 14. www.coindesk.com, 15. coinmarketcap.com, 16. www.coindesk.com, 17. crypto.news, 18. financefeeds.com, 19. technode.global, 20. www.reuters.com, 21. www.bloomberg.com, 22. coinmarketcap.com, 23. financefeeds.com, 24. www.coindesk.com, 25. coinmarketcap.com
