XRP and Cardano Slide Toward Critical Floors as ETF Outflows Bite
Bitcoin’s Bleeding Is Altcoins’ Problem
US spot Bitcoin ETFs have shed billions in net inflows over the past two weeks, and the damage is not staying contained. XRP and Cardano have both dropped sharply this week as institutional money retreats from the broader crypto market. Neither token has its own spot ETF infrastructure in the United States, which means neither has an independent buyer base capable of absorbing supply when Bitcoin-linked demand dries up.
When the main pipeline of institutional capital runs in reverse, altcoins without their own fund flows feel it faster and harder.
Both XRP and ADA now sit below their 50-day and 200-day moving averages, with momentum indicators still pointing down. The question traders are circling isn’t whether the selloff happened – it’s whether the floors directly below current prices are strong enough to hold, and what happens if they aren’t.

XRP’s Lifeline Runs Through $0.99
The Bitcoin ETF outflows driving this pressure are substantial. Net outflows hit approximately $430 million on November 5, following roughly $643 million in exits on October 30 and another $636 million on October 22. The cumulative effect has pulled total net inflows for US spot Bitcoin ETFs from near $58 billion down to approximately $56 billion since late October. That reversal matters specifically for XRP because the token has no verified US spot ETF flow data of its own, leaving it structurally dependent on Bitcoin’s demand cycle with no cushion when that cycle turns negative.
XRP was trading near $1.16 on Friday, down about 7% over the past week and roughly 18% over the past month. The 50-day moving average sits near $1.32 and the 200-day near $1.36 – both above the current price, both functioning as selling pressure zones rather than support. RSI on the daily chart reads 32, placing XRP near oversold territory where downward momentum typically starts to lose energy. MACD remains below its signal line, so the directional bias is still negative despite the RSI reading. The trend gauge shows no strong directional force in either direction, meaning the decline has been methodical rather than a sharp capitulation.
The level that matters is $0.99. That support zone is where XRP launched its August rally, rising from that floor to $1.27 within four days. Buyers defended it once. Traders are watching whether that defense repeats, because below $0.99 there is no identified floor in the data. A break there would push XRP below a psychologically tracked round number at a moment when ETF-driven demand is absent, which could accelerate selling rather than attract buyers. On the upside, first resistance sits near $1.25, just below the August peak, with a second ceiling near $1.31 – right under the 50-day average. Both would need to clear before momentum shifts, and clearing either requires buying volume that isn’t currently visible in the flow data.
Wikipedia page views for the XRP Ledger jumped about 75% week over week, suggesting retail curiosity is rising even as price falls. That interest hasn’t translated into buying pressure yet. For context on how far XRP remains from its highs, the token would need a gain of approximately 209% to revisit its record near $3.65, set in July 2025. Bitcoin, by comparison, needs roughly 67% to reclaim its peak near $126,000. Over the past year, XRP has dropped about 47% against Bitcoin’s decline of around 26%.

Cardano Is in Worse Shape Than XRP
Cardano’s chart paints a sharper picture of deterioration. ADA was trading near $0.18 on Friday after losing approximately 28% over the past month – a drop that runs well ahead of XRP’s losses over the same period. The token sits below its 50-day moving average near $0.21 and its 200-day average near $0.23, with both lines positioned overhead as resistance rather than support. Sellers have room to continue working before either moving average becomes relevant as a ceiling.
The key distinction between ADA and XRP at this stage is trend strength. Where XRP’s decline has been steady without clear directional force, Cardano’s momentum indicators show a more defined downtrend. That means rallies in ADA are more likely to be sold into quickly, while the path to any technical recovery requires overcoming more layers of resistance in a shorter price range. The nearest support sits near $0.17, and that floor is being tested with sellers still in control of short-term momentum.
ADA faces the same structural problem as XRP – no US spot ETF flow data, no independent institutional buyer base, and direct exposure to Bitcoin’s demand swings. But Cardano’s steeper monthly loss reflects a token that was already under heavier selling pressure before this latest wave of Bitcoin outflows began. The absence of a verified ETF pipeline isn’t just a macro concern for ADA; it’s a week-to-week reality that shows up in price action whenever Bitcoin’s fund flows reverse.

Both Charts at the Edge of Meaningful Breaks
XRP and Cardano are positioned at levels that defined earlier recoveries, now being retested under conditions that are less favorable than when those floors first held. Bitcoin ETF outflows have removed the institutional demand that previously helped stabilize altcoin drawdowns, neither token has a fund structure to substitute for it, and momentum across both charts remains pointed down. The floors at $0.99 for XRP and $0.17 for ADA were meaningful enough to generate sharp bounces before. Whether the same buyers are still positioned there – or whether three consecutive weeks of heavy Bitcoin ETF outflows have already pulled them out – is what the next few sessions will answer.
Comments are closed, but trackbacks and pingbacks are open.