In This Article
XRP enters a potentially pivotal phase as major ETF launches align with fading market momentum. Current price sits near $2.11, down 12.79% over the last 30 days and 15.43% over the 7 days. The $2 zone remains a psychological and technical anchor for traders who are watching whether ETF inflows can offset the broader market cooldown. This creates both tension and opportunity as institutional demand rises for the first time in years.
Institutional Activity and ETF Launches
Several well-known asset managers are rolling out XRP ETFs this week. Franklin Templeton listed its fund, EZRP, on November 18, while Bitwise follows on November 20. Canary Capital’s ETF continues to record meaningful early activity, logging $58 million in first-day volume. These launches have elevated speculation around whether XRP might attract similar demand to recent Solana ETF inflows.
Source: X
Some ETF analysts note that large financial names can draw new participants. The big question: Will early inflows be strong enough to influence price, or will the market treat these listings as neutral events?
Historical launches offer mixed evidence and here are some examples:
Strong inflows lead to sustained price reactions.
Others generate brief volatility followed by reversion.
Some cause little movement at all.
It depends on risk appetite, liquidity conditions and broader market sentiment.
Market Sentiment and On-Chain Positioning
Glassnode’s NUPL chart reveals a shift among long-term XRP holders. The move from belief to anxiety reflects growing uncertainty.
Source: X
Interestingly, these transitions often precede larger directional moves. The question is whether anxiety signals a potential bottom or the start of deeper caution.
Holders are no longer in euphoria.
Anxiety rises as price tests major support.
ETF events create anticipation but not certainty.
Traders are split on whether XRP will hold above $2.
Technical Levels and Scenarios
Recent highs at $3.6 marked the upper boundary before XRP turned bearish. The chart shows a break below an ascending trendline, sending price back toward the $2 zone. This is a major level that many traders treat as a cycle-defining line.
Source: TradingView
Support levels:
$2 (critical long-term support)
$1.5 (next major level if breakdown occurs)
Resistance levels:
$2.195 (short-term trigger level)
$2.6 (major resistance)
Former trendline
Fresh highs near the $3.6 region
Two clear scenarios emerge:
1. Support holds
If the $2 level remains intact:
A bounce toward $2.6 becomes likely.
Trendline retests may follow.
Strong momentum could push XRP toward new yearly highs.
2. Break below support
If XRP closes below $2:
A slide toward $1.5 may unfold.
Momentum builds quickly in breakdown scenarios.
ETF inflows may not offset technical weakness.
2025 Price Prediction Table
| Month 2025 | Minimum | Average | Maximum |
|---|---|---|---|
| November | $1.80 | $2.12 | $2.45 |
| December | $1.75 | $2.18 | $2.60 |
Outlook
ETF launches bring opportunity, but they do not guarantee bullish continuation. XRP’s position near critical support, combined with shifting long-term sentiment, sets up an important test. Traders should expect sharp reactions as liquidity flows, macro conditions, and technical triggers converge.XRP’s broader macro alignment will also play a meaningful role in shaping price stability as traders digest ETF flows and shifting risk conditions. If Bitcoin and Ethereum maintain steady dominance levels or begin recovering from recent drawdowns, the liquidity spillover effect could help XRP absorb volatility around the $2 zone.
Conversely, persistent weakness in large-cap crypto could limit follow-through even if ETF inflows spark early enthusiasm. This creates a unique environment where short-term price direction may rely heavily on cross-asset sentiment rather than XRP-specific catalysts alone.
