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The XRP value 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% bounce 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 right this moment on the New York Inventory Trade below the ticker “XRP”.
Massive information: The Bitwise XRP ETF is ready to start buying and selling on NYSE tomorrow with the ticker $XRP.
It has a administration charge of 0.34%, which is waived for the primary month on the primary $500M in property. 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 predicted to carry new liquidity from institutional patrons, however uncertainty nonetheless shadows the Ripple token after a tough November.
Bitwise’s transfer is large information for the XRP group. The fund has a 0.34% administration charge (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 value, not like earlier crypto ETFs targeted on futures.
With Grayscale and Franklin Templeton additionally set to launch XRP funds within the coming week, might these funds assist stabilise the XRP value?
XRP Value Underneath Stress As Sellers Dominate
Value motion for XRP has been below sustained downward stress. Information from Glass node exhibits 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 time, sparking a shift in sentiment to “nervousness.” Retail traders are additionally dashing for the exits, particularly these with lower than 100 XRP tokens.
Nonetheless, the usage of the XRP Ledger stays sturdy regardless of the worth stoop. XRPScan reviews 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.
Lately, over two billion XRP had been moved on the community in sooner or later, displaying that cost and settlement use instances are nonetheless lively. The ledger continues to file between 1.5 and a pair of million profitable transactions per day, outperforming many various blockchains, even because the coin’s value drops.
XRP Ledger Transaction Depend supply: CryptoQuant
XRP Value Bulls Might Regain Management
The XRP value is now buying and selling at $2.12under the 50-week easy shifting common (SMA) at $2.53 and approaching key help ranges proven by the current multi-month buying and selling vary.
Bears are in management, because the coin struggles to carry above the important $2.10-$2.00 help zone. The 50-week SMA at $2.53 has turn into sturdy resistance after the current breakdown. The 200-week SMA sits far under at $1.05, suggesting main long-term help stays distant.
XRPUSDT Chart Evaluation Supply: Tradingview
The Relative Power Index (RSI) is at 41, displaying that XRP will not be but “oversold,” however the pattern is bearish and momentum is missing. The MACD indicator is destructive, with the primary line under the sign and histogram bars in pink. This alerts that sellers are nonetheless in cost.
XRP’s value 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, value might drop shortly to $1.80 and even $1.60, near the 61.8% Fibonacci retracement (at $1.60) from the earlier large rally.
Under that, the 200-week SMA at $1.05 is the final “line within the sand” for long-term bulls. Nevertheless, for any rebound, XRP value 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 right this moment is drawing big 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 destructive sentiment and on-chain proof of heavy promoting make a fast turnaround unsure.
If right this moment’s ETF launch sparks demand, XRP might discover help and recuperate to larger ranges. But when patrons don’t step in strongly, value dangers will drift towards decrease helps within the coming weeks.
The subsequent few days of buying and selling might be essential for deciding whether or not XRP value can lastly stabilise, or whether or not the downtrend continues regardless of Wall Avenue’s newest crypto product launches.
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