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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 immediately on the New York Inventory Trade below the ticker “XRP”.
Massive information: The Bitwise XRP ETF is about 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 convey new liquidity from institutional consumers, 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 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, might these funds assist stabilise the XRP worth?
XRP Worth Beneath Stress As Sellers Dominate
Worth motion for XRP has been below sustained downward strain. Knowledge 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 droop. XRPScan studies that transaction volumes are excessive, with a number of every 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 in the future, displaying that fee and settlement use instances are nonetheless lively. The ledger continues to report between 1.5 and a pair of million profitable transactions per day, outperforming many various blockchains, even because the coin’s worth drops.
XRP Ledger Transaction Depend supply: CryptoQuant
XRP Worth Bulls Might Regain Management
The XRP worth is now buying and selling at $2.12, under the 50-week easy shifting common (SMA) at $2.53 and approaching key assist ranges proven by the latest multi-month buying and selling vary.
Bears are in management, because the coin struggles to carry above the important $2.10-$2.00 assist zone. The 50-week SMA at $2.53 has develop into robust resistance after the latest breakdown. The 200-week SMA sits far under at $1.05, suggesting main long-term assist stays distant.
XRPUSDT Chart Evaluation Supply: Tradingview
The Relative Energy Index (RSI) is at 41, displaying that XRP shouldn’t be but “oversold,” however the development is bearish and momentum is missing. The MACD indicator is damaging, with the principle line under the sign and histogram bars in purple. This indicators that sellers are nonetheless in cost.
XRP’s worth is at the moment caught between $2.00 and $2.50, with the $2.00 space now appearing as key assist. If bears break this degree, worth 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 worth should reclaim $2.20–$2.25 first, then attempt to flip the 50-week SMA at $2.53 again into assist. 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 immediately is drawing large 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 damaging sentiment and on-chain proof of heavy promoting make a fast turnaround unsure.
If immediately’s ETF launch sparks demand, XRP might discover assist and get better to increased ranges. But when consumers don’t step in strongly, worth dangers will drift towards decrease helps within the coming weeks.
The following few days of buying and selling will probably 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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