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XRPL news focused on the XRP Ledger’s lending upgrade on Nov. 12, 2026, as validator support reached 22 votes.
The LendingProtocol amendment remained seven votes short of its activation threshold. Meanwhile, XRP traded near $1.04 as analysts assessed support around $1 and a possible recovery toward $1.12.
XRPL Lending Proposal Needs Seven More Votes
The XRP Ledger’s lending proposal has drawn support from 22 of the network’s 35 trusted validators. Another seven votes would bring LendingProtocol to the 29 required for the next stage. Two companion proposals are also under review. SingleAssetVault has 23 votes, while LendingProtocolV1_1 has 22.
Reaching 29 votes would not immediately activate the changes. XRPL requires support from more than 80% of trusted validators for 14 straight days. If the count falls below that level, the network restarts the countdown. All three amendments remain in the voting stage.
Under the proposal, asset vaults would fund fixed-term loans with XRP or other eligible tokens. Loan brokers would check borrowers outside the ledger and manage their credit risk. XRPL will then keep records of loan agreements, repayments, and defaults. The system also includes first-loss capital to absorb some borrower losses.
Network activity has continued while validators consider the proposals. On November 11, the ledger handled about 3.9 million transactions. Those included roughly 659,300 payments, 956,300 decentralized exchange transactions, and 153,800 swaps.
XRP Crypto Holds Near $1 After Momentum Indicator Turns Red
XRP price remained under pressure on November 12 after falling over 2% in the last 24 hours. Its two-week candle opened near $1.11, climbed to roughly $1.12, and fell as low as $1.01. At the time of writing, XRP price stood around $1.02, close to the bottom of that range.
Crypto analyst EGRAG Crypto pointed to a red turn in the two-week Gaussian Channel, a long-term trend indicator. The comparison centers on an earlier cycle when XRP price formed a broad double bottom while the channel was red. That XRP price prediction does not confirm another bottom today.
The larger XRP price prediction places the crypto between two upward-sloping lines stretching across several years. The lower line runs near the current XRP price region. A hold above that boundary would keep the long-running pattern intact.
A break beneath it would put the next lower support areas under scrutiny. The XRP price prediction also places the next major breakout area around $3.50.
Long-Term XRP Crypto Pattern Faces Support Test
A separate historical comparison shows an ascending trendline that has intersected the XRP price several times. The first sequence ran from 2013 through 2017 and included repeated pullbacks to support before sharp rallies.
A later sequence began around 2020. XRP crypto touched rising support in 2022 and again near the end of 2024. The latest XRP price prediction decline is approaching a third retest.
The accompanying XRP price prediction marks earlier advances of about 231% and 695%, followed by a gain above 1,000% from the new test. For now, the important question is whether XRP crypto stays above the rising line.
XRP Price Oversold RSI Brings $1.12 Into View
On the daily timeframe, XRP’s Relative Strength Index has slipped to around 24. Readings below 30 generally signal oversold conditions, though a weak market can remain oversold for an extended period.
The near-term recovery path begins at $1.12, close to the 23.6% Fibonacci retracement around $1.1204. Higher reference levels stand near $1.29 and $1.44. XRP crypto would need to recover those areas in sequence before the larger bullish projections come into play.
The immediate focus remains on $1 support. Meanwhile, the proposed lending amendments still need more votes before their 14-day approval period can begin.
This article provides cryptocurrency market information, not financial or investment advice. Network amendments face approval and implementation risks. Technical indicators and analyst projections do not guarantee future prices.
