The price of XRP has dropped by 16.17% from a recent high of $2.60, reporting $2.1551 as of November 17, with a daily decline of 2.62%. Despite the historic launch of the XRP spot ETF, holders' profitability has fallen to its lowest point in months. According to Glassnode data, currently only 65-70% of the XRP supply is in profit, down from 85-90% in October, indicating that 30-35% of holders are in loss. Technical indicators show that the price of XRP continues to weaken, with a Relative Strength Index (RSI) of 37.81, suggesting there may be further room for decline before a rebound.