Ripple CTO emeritus David Schwartz has warned the XRP Army that he will block accounts posting insults or promoting XRP beneath conversations unrelated to cryptocurrency. The warning arrived as the XRP price traded near $1.17, with sellers maintaining pressure after an October decline that left the token roughly 24.5% below the cited October level of $1.55.

Schwartz said substantive criticism remains welcome when it avoids slurs and takes place in an appropriate discussion. Data from CoinGlass showed a 12.36% decline in XRP open interest, while cumulative net inflows into XRP exchange-traded funds held at $1.81 billion despite fewer inflow days. Analyst ChartNerd identified demand between $1.04 and $1.16, Ali Martinez highlighted a channel boundary near $0.99, and Dark Defender emphasized support at $1.12.

David Schwartz Sets Boundaries for XRP Army Discussions

Schwartz published the message on X on November 7 amid criticism directed at him and Ripple CEO Brad Garlinghouse. The public exchange raised questions about how community members can reach him.

Recently, there's been a significant increase in people responding to replies of mine that have nothing to do with crypto with insults or crypto content. I hate to do it, but I pretty much have to block for this because otherwise the people I'm replying to have no choice but to…

— David 'JoelKatz' Schwartz (@JoelKatz) November 7, 2026

According to Schwartz, irrelevant replies had increased significantly, especially when he joined conversations about subjects outside cryptocurrency. He explained that leaving those replies unchecked exposes the people he is speaking with, and their followers, to unwanted crypto posts. Blocking, he said, helps protect those conversations from repeated disruption.

His policy covers hostile comments and enthusiastic promotion alike when either appears beneath an unrelated exchange. The warning extended to accounts that follow his activity and repeatedly insert XRP references into separate discussions — even praise for the token could breach his boundaries when it interrupted another topic.

Schwartz also addressed accusations involving fraud or scams. He said people could challenge him, provided their comments contained substance and avoided personal slurs. Relevance and placement remained central to his expectations.

The episode highlights a balancing act familiar to prominent crypto figures, whose public reply threads double as open forums where critics, supporters and promoters converge, and where off-topic noise can crowd out the conversations they join.

Responses from the XRP Army included a suggestion for a weekly thread welcoming introductions from new ecosystem participants. Schwartz reacted positively to the proposal, which would give community promotion a dedicated venue. Another participant argued that unanswered messages encouraged people to keep seeking his attention. Schwartz nevertheless offered a path back for blocked users who agreed to stop disruptive replies, saying they could contact him about removing the block and stressing that he held no personal hatred.

XRP Price Tests Support as Traders Cut Leveraged Positions

The XRP price stood near $1.17 in CoinGlass data, down 2.43% over 24 hours. Compared with the cited October level of $1.55, that represents a decline of approximately 24.5%. Sellers have kept pressure on the token since that October retreat.

CoinGlass listed roughly $10.71 million in total futures liquidations during the preceding day — forced closures of leveraged positions that occur when traders can no longer meet margin requirements. Open interest, the total value of outstanding derivatives contracts, stood around $2.76 billion, reflecting substantial outstanding derivatives exposure despite the selloff. The 12.36% drop in open interest came as the price lost the $1.21 support level. Falling open interest indicates reduced outstanding exposure, although it does not independently establish the direction of remaining positions.

The report also described social sentiment at its weakest since July. XRP exchange-traded funds recorded inflows on six days during the previous month, while cumulative net inflows remained $1.81 billion. ETFs give investors regulated, brokerage-based exposure to XRP, which is why their cumulative flows are followed as a gauge of demand outside direct spot trading. Sessions without inflows can include both withdrawals and flat readings, so that pattern does not establish continuous outflows.

Analysts Map Potential Support Zones

Analyst ChartNerd identified a zone of demand between $1.04 and $1.16 after the price broke down beneath weekly support. He said XRP reclaiming $1.34 could improve the technical outlook. ChartNerd also noted that the price remained below its 20-week and 50-week moving averages — levels that added resistance for buyers after the loss of the 10-week support floor.

Dark Defender offered a different interpretation of the weakness, maintaining that the longer-term structure remained intact.

Nothing has changed in the structure. $1.12 was the ceiling #XRP fought all of July & August. Old resistance has one job now: hold as support. Price is still above it. We marked the Wave 2 supports at $1.21 & $1.12 on this chart on Oct 25, long before today's candle. I…

— Dark Defender (@DefendDark) November 6, 2026

He identified $1.12 as support, describing a level that previously acted as resistance during July and August, and noted that the price remained above it. He had marked $1.21 and $1.12 as Wave 2 supports on his chart on October 25, before the latest decline reached the lower of the two areas. Levels like these mark price areas where buying interest has previously emerged, which is why chart watchers flag them during pullbacks.

Ali Martinez highlighted a channel boundary near $0.99 as potential support. His assessment also pointed to weak volume and declining market share, with Bitcoin dominance — Bitcoin's share of total cryptocurrency market capitalization — complicating a sustained recovery.

Stacked between roughly $0.99 and $1.34, the flagged levels give traders a common set of checkpoints for reading how the downtrend evolves — ChartNerd's $1.34 reclaim threshold is his stated marker for an improved technical outlook, while renewed ETF inflow days are the demand-side signal to watch alongside the charts.

Source: Blockonomi, published November 7, 2026.