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The XRP worth has plunged 15% previously week and 1.1% within the final 24 hours to commerce at $2.12 as of three.45 a.m. EST on a 29% leap in buying and selling quantity to $6.05 billion.
This comes because the long-awaited launch of the Bitwise XRP ETF begins buying and selling as we speak on the New York Inventory Alternate below the ticker “XRP”.
Huge information: The Bitwise XRP ETF is ready to start buying and selling on NYSE tomorrow with the ticker $XRP.
It has a administration payment of 0.34%, which is waived for the primary month on the primary $500M in belongings. This product brings traders spot publicity to XRP, the crypto asset that goals to… pic.twitter.com/0GLR37NnuI
— Bitwise (@BitwiseInvest) November 19, 2025
The ETF is anticipated to carry new liquidity from institutional consumers, however uncertainty nonetheless shadows the Ripple token after a tough November.
Bitwise’s transfer is massive information for the XRP neighborhood. The fund has a 0.34% administration payment (waived for the primary month), and it’s custodied by Coinbase.
Bitwise’s XRP ETF is designed as a spot product, promising direct publicity to XRP’s worth, not like earlier crypto ETFs centered on futures.
With Grayscale and Franklin Templeton additionally set to launch XRP funds within the coming week, may these funds assist stabilise the XRP worth?
XRP Worth Underneath Strain As Sellers Dominate
Worth motion for XRP has been below sustained downward stress. Information from Glassnode reveals that over 41% of the XRP provide is now sitting at a loss, and solely 58.5% of XRP holders are nonetheless in revenue—the bottom degree since late 2024, when XRP was buying and selling close to $0.53.
On-chain analytics reveal whales have been promoting for the reason that summer season, sparking a shift in sentiment to “nervousness.” Retail traders are additionally speeding for the exits, particularly these with lower than 100 XRP tokens.
Nonetheless, using the XRP Ledger stays robust regardless of the value stoop. XRPScan experiences that transaction volumes are excessive, with a number of each day spikes not associated to speculative buying and selling, however to will increase in utility.
Just lately, over two billion XRP have been moved on the community in sooner or later, exhibiting that fee and settlement use instances are nonetheless lively. The ledger continues to report between 1.5 and a couple of million profitable transactions per day, outperforming many various blockchains, even because the coin’s worth drops.
XRP Ledger Transaction Rely supply: CryptoQuant
XRP Worth Bulls Might Regain Management
The XRP worth is now buying and selling at $2.12, beneath the 50-week easy transferring common (SMA) at $2.53 and approaching key help ranges proven by the latest multi-month buying and selling vary.
Bears are in management, because the coin struggles to carry above the vital $2.10-$2.00 help zone. The 50-week SMA at $2.53 has change into robust resistance after the latest breakdown. The 200-week SMA sits far beneath at $1.05, suggesting main long-term help stays distant.
XRPUSDT Chart Evaluation Supply: Tradingview
The Relative Power Index (RSI) is at 41, exhibiting that XRP will not be but “oversold,” however the development is bearish and momentum is missing. The MACD indicator is unfavourable, with the principle line beneath the sign and histogram bars in purple. This indicators that sellers are nonetheless in cost.
XRP’s worth is at present caught between $2.00 and $2.50, with the $2.00 space now appearing as key help. If bears break this degree, worth may drop shortly to $1.80 and even $1.60, near the 61.8% Fibonacci retracement (at $1.60) from the earlier massive rally.
Beneath that, the 200-week SMA at $1.05 is the final “line within the sand” for long-term bulls. Nevertheless, for any rebound, XRP worth should reclaim $2.20–$2.25 first, then attempt to flip the 50-week SMA at $2.53 again into help. Solely above $2.53 does the outlook begin to enhance, with upside targets close to $2.72 (23.6% Fib) and $3.10 (earlier native highs).
Will ETF Launches Stabilise XRP?
The brand new Bitwise XRP ETF launch as we speak is drawing enormous consideration from each institutional and retail traders. Whereas it’s anticipated so as to add new liquidity and should entice contemporary waves of shopping for, the broader unfavourable sentiment and on-chain proof of heavy promoting make a fast turnaround unsure.
If as we speak’s ETF launch sparks demand, XRP may discover help and recuperate to larger ranges. But when consumers don’t step in strongly, worth dangers will drift towards decrease helps within the coming weeks.
The subsequent few days of buying and selling will likely be essential for deciding whether or not XRP worth can lastly stabilise, or whether or not the downtrend continues regardless of Wall Avenue’s newest crypto product launches.
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