cryptotradings

XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum.
News Background
The decline unfolded against a backdrop of mixed institutional signals and heightened macro uncertainty. Crypto markets remain trapped in a medium-term downtrend, with sentiment pinned in the fear zone as volatility spikes across majors.
Canary Capital’s newly launched U.S. spot XRP ETF (XRPC) registered $58.6 million in first-day volume, far exceeding analyst expectations of $17 million. Yet the strong debut failed to stabilize XRP, as derivatives markets flashed stress signals. Roughly $28 million in XRP liquidations hit within 24 hours, with long positions accounting for nearly $25 million of the wipeout.
Market analysts warn that institutional flows remain conflicted—ETF inflows show interest, but broader risk-off pressure continues suppressing crypto liquidity and momentum.
Price Action Summary
XRP dropped 4.3% from $2.31 to $2.22 during the 24-hour session ending November 16 at 02:00 UTC. The decline carved a $0.10 range with a clear sequence of lower highs confirming bearish structure.
The most aggressive selling hit at 00:00 UTC, when 74M XRP traded—69% above the 24-hour average—breaking the $2.24 support. Price slid to $2.22, marking the session low. Three separate volume spikes above 57M during decline phases validated sustained distribution.
Despite the ETF catalyst, the selloff accelerated as price rejected $2.31 and failed to find support near prior consolidation zones. The pair settled into a tight $2.22–$2.23 consolidation after the breakdown.
Technical Analysis
Support/Resistance:
Primary support: $2.22 (capitulation low)
Immediate resistance: $2.23–$2.24 breakdown zone
Critical Fibonacci support: $2.16 (0.382 retracement) — loss of this level risks swift drop toward $2.02–$1.88
Volume Profile:
Breakdown volume: 74M XRP (+69%) confirming capitulation
Two reversal-phase spikes (01:39, 01:46): 4.7M each, signaling selling exhaustion
Recovery saw normalized but steady volume, consistent with bottom-fishing interest
Chart Structure:
Overnight price hammered into support, printing a textbook V-shaped reversal
Higher lows formed at $2.209 → $2.217 → $2.227, indicating momentum shift
However, broader downtrend from $2.31 remains intact pending resistance reclaim
Failure to break $2.23–$2.24 zone limits upside follow-through
Momentum Indicators:
Intraday oversold conditions triggered reversal, but daily trend bias remains bearish
50D/200D structure slopes downward, adding overhead pressure
What Traders Should Know
XRP sits at a tactical pivot after a dramatic washout:
Holding $2.22 is crucial — failure exposes direct move toward $2.16, then $2.02–$1.88
A confirmed reclaim of $2.24, followed by $2.31, is needed to rebuild bullish structure
ETF flows will influence volatility — follow early XRPC volume at U.S. market open
The V-shaped rebound provides short-term relief, but major resistance overhead limits immediate upside
A sustained break above $2.48 is required to shift trend bias back toward $2.60+ targets
#MarketPullback #cryptotradings
$XRP

XRP is once again under heavy pressure, with large holders accelerating their exit just as market sentiment weakens.
Key Takeaways:
Whales dumped nearly 200M XRP in 48 hours.
Large holders are still reducing exposure, not accumulating.
716 big transfers signal a major move is coming.
Losing the $2 support could deepen the decline.
Analysts are split between a Wave 4 correction or a continued downtrend.
On-chain data shows nearly 200 million XRP unloaded during the weekend, a sizable reduction that coincides with one of the sharpest two-day declines in whale balances this quarter. Wallets holding 1 million–10 million XRP have been the most aggressive distributors, according to Santiment data highlighted by analyst Ali Martinez.
Technical Conditions Turn Fragile as XRP Approaches Key Support
Technical indicators currently reinforce the bearish narrative. The MACD on the daily timeframe is below the signal line, showing fading momentum with no visible bullish crossover forming yet.
At the same time, the RSI sits around 41, reflecting weak buying interest and leaving XRP in a neutral-to-bearish zone rather than oversold. Until momentum flips, bulls have limited control of short-term price action.
The timing is critical. XRP has already been sliding toward the bottom of its multi-month range, and the recent whale activity adds fuel to an already bearish technical backdrop. If negative momentum continues, analysts warn that a retest of the $2 support area becomes increasingly likely — and a breakdown below that level could expose the market to deeper losses.
The network is witnessing an unusual surge in high-value on-chain activity, with 716 transactions exceeding $1 million each recorded in just a few days — the highest reading in four months. Historically, similar bursts have preceded major price swings, though the direction hinges on whether whales are accumulating or distributing.
While some traders argue that the spike could indicate strategic positioning ahead of a rebound, current data shows whale holdings decreasing rather than expanding. Until that behavior shifts, XRP’s momentum remains tilted to the downside.
Elliott Wave Debate Splits Analysts on XRP’s Next Move
Not all market analysts agree on the bearish interpretation. Commentator EGRAG CRYPTO has challenged the widespread rejection of the current Elliott Wave count, arguing that XRP is still shaping a valid Wave 4 corrective phase and only needs a close above Wave B to ignite the Wave 5 impulse rally.
The analyst suggests the structure is being dismissed not due to technical invalidation but because it contradicts market bias.
A Market Approaching a Decisive Turning Point
With whales actively reshaping supply distribution and strong opposing viewpoints among analysts, XRP is entering a pivotal stage. Whether the token breaks below $2 or reverses into a new macro impulsive rally may depend largely on whether whales continue unloading — or abruptly switch to accumulation.
#StrategyBTCPurchase #cryptotradings
$XRP

Technical breakdown accelerates despite institutional product rollouts as XRP tests critical support amid broader market weakness.
News Background
Multiple XRP ETFs launched throughout November, including Franklin Templeton’s EZRP on Nov. 18, joining Canary Capital’s XRPC and several Bitwise products.
Combined first-week ETF flows exceeded $245 million, signaling substantial institutional interest during the rollout.
Despite strong inflows, ETF trading volumes slid 55% from peak levels, reflecting diminishing retail enthusiasm.
Broader crypto markets weakened as Bitcoin volatility increased ahead of its Death Cross event, dragging altcoins lower.
ETF narratives created optimism, but market liquidity remained fragmented, limiting momentum for XRP despite increased institutional access.
Price Action Summary
XRP fell 4.96% from $2.27 → $2.16, breaking below the $2.20 support level.
Total session volume surged 54.56% above monthly averages, reaching 236.6M XRP traded.
Breakdown triggered a slide to intraday low of $2.11 before recovering to the $2.15–$2.17 zone.
Resistance formed at $2.28, while stabilization attempts clustered around $2.155–$2.166.
Post-breakdown consolidation printed a tight range, indicating temporary seller exhaustion but no confirmed reversal.
Technical Analysis
XRP’s reversal from $2.27 into a sharp decline toward $2.16 confirmed a full breakdown of its short-term bullish structure.
The failure to reclaim the $2.28 resistance zone—coinciding with early-session ETF excitement—revealed that institutional product launches were insufficient to offset technical fragility in the underlying spot market.
Volume expansion of 54.56% above monthly norms validated the selloff, particularly as the breach of $2.20 unleashed cascading stops and forced long liquidations.
The intraday rebound from $2.11 demonstrated that buyers remain active beneath key support levels, but the recovery lacked volume conviction, stalling almost immediately at $2.18.
This lack of follow-through underscores the current imbalance: strong ETF flows create structural demand, yet broader crypto risk-off conditions overpower near-term bullish catalysts.
A bearish pennant formed through compression between $2.155 support and descending resistance at $2.18, suggesting that the market is coiling for another directional move.
Momentum indicators remain bearish with price trading below key EMAs and showing no signs of trend reversal.
The inability to lift beyond $2.18–$2.20 keeps XRP vulnerable to further decline, while the tightening range reflects market indecision rather than accumulation.
For bulls to regain control, price must break above the pennant's upper boundary and reclaim $2.28—a threshold that now represents structural confirmation of regained upward momentum.
What Traders Should Watch Out For
Traders must monitor whether XRP’s consolidation above $2.155 represents stabilization or simply a pause before continuation lower.
The next catalysts remain ETF-related, with additional Bitwise launches scheduled through Nov. 25, though recent declines in ETF trading activity suggest diminishing short-term impact unless broader market sentiment improves.
The $2.15 pivot is critical: holding the level offers potential for a bounce toward the $2.28–$2.30 corridor, while a decisive break below opens the door to a rapid selloff toward the $1.98 structural support cluster.
XRP’s near-term trajectory will also depend on Bitcoin’s volatility regime—particularly whether BTC stabilizes after its Death Cross event or drags altcoins into deeper retracement phases.
#MarketPullback #Cryptotradings
$BTC
$XRP

There is a growing narrative among XRP enthusiasts that a major unwinding in the Japanese yen carry trade could trigger a global liquidity crisis. In this scenario, these enthusiasts have positioned XRP as the solution to stabilizing disrupted financial flows, starting in Japan and rippling worldwide.
Spike in Japan’s 20-year government bond
An XRP community member highlighted that Japan’s 20-year government bond yield hit 2.751%, increasing by 0.035%.
Higher yields signal investor demand for safer, higher-return Japanese debt amid BoJ tightening. This pulls money back to Japan, accelerating the unwinding, that is, traders selling foreign assets to cover yen loans. Past unwinds caused global volatility, which analysts have warned could happen soon.
The yen carry trade is a popular investment strategy that has fueled global markets for decades. Notably, Japan’s low interest rates make borrowing yen inexpensive.
Traders convert yen to higher-yielding currencies such as USD and invest in assets like U.S. stocks, bonds or emerging market debt. In the end, they pocket the interest rate differential as profit.
Liquidity crisis loading… From Japan to the world -> XRP as a solution.
Yen carry trade is about to collapse.
Be ready. We are very close.
It provides cheap liquidity to risk assets, boosting everything from Wall Street to crypto. However, sudden yen strength erodes profits and triggers forced sales.
Analysts note that a liquidity crisis is looming as the carry trade is about to collapse. The trade is reversing due to shifting monetary policies, creating a vicious cycle.
To combat inflation and yen weakness, the BoJ has normalized rates since 2024. This makes borrowing yen more expensive, squeezing profits.
Also, the U.S. Federal Reserve easing cycle narrows the yield gap, making the trade less attractive.
Can XRP stop Japan’s liquidity crunch?
An unwind is not just a Japanese problem but a global liquidity crunch. Trillions in yen-funded investments flood back, selling off U.S. and global assets. This could depress bond prices, spike U.S. yields and trigger stock sell-offs.
However, XRP enters as a proposed fix for the resulting chaos, leveraging Ripple's tech for instant, low-cost global transfers.
In a crisis, banks need quick access to fiat without prefunding accounts. XRP acts as on-demand liquidity, settling cross-border payments in seconds.
Moreover, Ripple has a strategic partnership with Japan’s SBI Holdings, integrating XRP into local payments. Therefore, if yen liquidity dries up, Japanese institutions could use XRP to source USD instantly, bypassing carry trade fallout.
Critics, however, argued that this is hype, noting that XRP’s role depends on adoption.
#MarketPullback #cryptotradings
$XRP

XRP Gets Major Boost as Four Spot ETFs Prepare for Launch This Week
Up to four spot XRP ETFs are expected to launch this week.
Three more products could also go live the following week.
Franklin Templeton is set to debut its XRP ETF today.
It is expected that four spot XRP ETFs will launch this week in the financial markets. There are also three additional funds that could make their debut the week after. This could bring potentially massive institutional inflows for the token as it looks to recover from its downturn.
Four XRP ETFs Set for Debut
Activity in XRP funds is looking up as institutions position to leverage on the momentum from the first launches. After Canary Capital’s product launched last week, many other asset managers could see their funds launch this week.
Franklin Templeton, for instance, plans to unveil its XRP ETF later today. It would trade under ticker EZRP on the CBOE. This came after the firm submitted a filing last week aimed at removing any hurdle that may pause its debut.
Just a day later, Bitwise is expected to launch as well. The firm recently submitted a “final amendment” to the U.S. SEC. This means that the Bitwise XRP fund could go live between November 19 and 20. The asset manager also had a successful launch of its Solana ETF (BSOL) in late October.
Also, 21Shares has started the SEC review process by submitting its registration statement. This begins a 20-day review period. Sources say that both the 21Shares and CoinShares offerings could be available in the market around November 20–22.
Likewise, the XRPR fund by REX/Osprey started trading on September 18 with a first-day volume of $38 million. Afterward, it picked up more than $150 million in AUM. That shows the kind of interest the other products could get.
XRP to Attract Investment with ETF Launches
The effect of the seven new spot XRP ETFs launching in November could help see the Ripple coin finally meet its projected valuations. Experts believe the launch could lead to billions in new inflows. This could potentially bring back the token to its previous all-time high of $3.80. This is 34% above the current market price of the token at $2.15.
For example, a crypto analyst recently pointed to a bullish divergence for XRP in the 4-hour chart. He indicated that price action has broken a minor downtrend and is entering a strong technical zone. All of this, he further added, is in line with a favorable order block structure. This could bring in more upside.
Elsewhere, VanEck has launched a zero-fee staking-enabled Solana ETF. The fund is designed to see capital rotation from Bitcoin and Ethereum into products like SOL and XRP. The firm has also hinted at possibly launching an XRP ETF product.
#DigitalCurrencyInvestment #cryptotradings
$XRP

XRP is showing signs of a potential major rally, with analysts highlighting a multi-year chart structure that could push the token toward $10.
The cryptocurrency is currently trading at $2.25, up 1% in the past day and narrowing its weekly loss to 11.5%. Technical observers note a key retest at $1.955, a level that previously acted as resistance before XRP broke higher in earlier cycles.
Analyst Cryptollica shared a chart on X, showing a long-term pattern that suggests a return to the $1.955 support zone may set the stage for a continuation move toward $10.
Chart Nerd later amplified the setup, prompting discussions on XRP’s potential next leg up. Interestingly, Ali Martinez earlier projected a similar setup, forecasting a possible dip to $1.90 before the token resumes its uptrend, reflecting over 10 months of consolidation.
XRP Surge Historical Context
Cryptollica’s historical chart shows that XRP’s 2014–2018 cycle followed a four-part structure. The first phase, from 2014 to 2017, was characterized by a long-term upward trend through 2015, followed by consolidation, while XRP moved within a rising channel, steadily forming higher lows.
This period of measured consolidation continued until March 2017, paving the way for Phase 2, which saw a strong breakout to $0.07 from $0.0042.
Phase 2 quickly gave way to Phase 3 in May 2017. During this stage, XRP experienced a sharp climb, peaking at $0.3988 before entering a consolidation period that lasted from May to November 2017.
The conclusion of this consolidation marked the start of Phase 4, during which the price surged to an all-time high of $3.84 in 2018.
The XRP Cycle is Repeating
Analysts see a similar structure forming in the 2018–2025 cycle. The first phase began with XRP down to $0.1140 in March 2020 after its peak in 2018. XRP rebounded with higher lows as it consolidated between $0.1 and $0.7.
The pattern persisted until November 2024, when XRP broke above the $0.50 level, surging to $2, signaling the start of Phase 2. The uptrend continued until $3.40 in January 2025, marking stage 3, before retreating to around $2, entering a period of sideways consolidation.
Analysts now view this ongoing consolidation as the final stage of Phase 3, setting the stage for the concluding phase. Looking ahead to Phase 4, Cryptollica expects XRP to experience a renewed upward push similar to the surge from late 2017 to early 2018 if it retreats to $1.955.
According to the analyst, this move could drive prices to $10, representing a roughly 412% gain from the support level. For context, the Phase 4 rally in 2017/2018 produced a dramatic 1,642% increase. Interestingly, he has been consistent on this prediction based on this price pattern.
Egrag Crypto Sees XRP at $10
Market analyst EGRAG has also highlighted that the token is currently at the base of a descending triangle, drawing comparisons to similar patterns in 2017 and 2021.
Based on this setup, he projected potential gains of 306% to 1,404%, implying a price range of $10 to $37. EGRAG also noted that XRP has historically staged significant moves within four to six weeks following such patterns.
#Digitap #cryptotradings
$XRP

XRP is once again under heavy pressure, with large holders accelerating their exit just as market sentiment weakens.
Key Takeaways:
Whales dumped nearly 200M XRP in 48 hours.
Large holders are still reducing exposure, not accumulating.
716 big transfers signal a major move is coming.
Losing the $2 support could deepen the decline.
Analysts are split between a Wave 4 correction or a continued downtrend.
On-chain data shows nearly 200 million XRP unloaded during the weekend, a sizable reduction that coincides with one of the sharpest two-day declines in whale balances this quarter. Wallets holding 1 million–10 million XRP have been the most aggressive distributors, according to Santiment data highlighted by analyst Ali Martinez.
Technical Conditions Turn Fragile as XRP Approaches Key Support
Technical indicators currently reinforce the bearish narrative. The MACD on the daily timeframe is below the signal line, showing fading momentum with no visible bullish crossover forming yet.
At the same time, the RSI sits around 41, reflecting weak buying interest and leaving XRP in a neutral-to-bearish zone rather than oversold. Until momentum flips, bulls have limited control of short-term price action.
The timing is critical. XRP has already been sliding toward the bottom of its multi-month range, and the recent whale activity adds fuel to an already bearish technical backdrop. If negative momentum continues, analysts warn that a retest of the $2 support area becomes increasingly likely — and a breakdown below that level could expose the market to deeper losses.
The network is witnessing an unusual surge in high-value on-chain activity, with 716 transactions exceeding $1 million each recorded in just a few days — the highest reading in four months. Historically, similar bursts have preceded major price swings, though the direction hinges on whether whales are accumulating or distributing.
While some traders argue that the spike could indicate strategic positioning ahead of a rebound, current data shows whale holdings decreasing rather than expanding. Until that behavior shifts, XRP’s momentum remains tilted to the downside.
Elliott Wave Debate Splits Analysts on XRP’s Next Move
Not all market analysts agree on the bearish interpretation. Commentator EGRAG CRYPTO has challenged the widespread rejection of the current Elliott Wave count, arguing that XRP is still shaping a valid Wave 4 corrective phase and only needs a close above Wave B to ignite the Wave 5 impulse rally.
The analyst suggests the structure is being dismissed not due to technical invalidation but because it contradicts market bias.
A Market Approaching a Decisive Turning Point
With whales actively reshaping supply distribution and strong opposing viewpoints among analysts, XRP is entering a pivotal stage. Whether the token breaks below $2 or reverses into a new macro impulsive rally may depend largely on whether whales continue unloading — or abruptly switch to accumulation.
#DYR #cryptotradings
$XRP

XRP is experiencing rapid growth, with over 11,000 banks now connected to the XRP Ledger (XRPL). This shows that financial institutions trust XRP for fast and low-cost cross-border payments. Investors and developers are paying closer attention as the network expands.
The XRPL is no longer just a payment system. It now hosts the largest decentralized media program powered by BXE Token, adding more use cases for the network. XRP is becoming a more versatile platform for finance and decentralized applications.
BXE Token Adds Momentum
The BXE Token is an important part of XRPL’s growth. It has a total supply of 500 million and is currently priced at $0.08. Analysts say that BXE could increase activity and adoption across the ecosystem.
On December 1st, 10,000,000 BXE tokens will be burned. Burning tokens reduces supply and can boost demand. This event could also increase interest in both BXE and XRP. Many investors see token burns as a positive signal for future growth.
Growing Utility of XRP Ledger
The XRP Ledger is gaining real-world applications. Banks, developers and enterprises use XRPL for its speed, low fees and security. Transactions settle in just seconds, making it ideal for global payments.
Additionally, new applications such as decentralized media programs make XRPL more useful. XRP is not only a payment token anymore. It is becoming a platform that supports multiple services, including finance, media and tokenized assets.
Market Impact and Investor Attention
XRP’s ecosystem growth is drawing attention from investors. Institutional purchases, token burns, and new applications could increase demand for XRP and BXE. Analysts say that these developments show that the XRPL ecosystem is maturing.
Moreover, wider adoption may create new opportunities for revenue and network expansion. This makes XRP appealing to both retail and institutional investors. The ecosystem is showing signs of becoming a more stable and trusted part of digital finance.
Future Growth and Potential of XRP
With over 11,000 banks connected and innovations like the BXE Token, XRP’s future looks increasingly strong. The upcoming December token burn may further impact market dynamics and investor sentiment. As adoption spreads, XRP could become a key bridge between traditional finance and blockchain technology. It offers faster, cheaper and more flexible solutions for payments, media, and decentralized applications.
Moreover, the XRP ecosystem growth may attract new developers, institutions and global users, increasing XRP’s real-world utility and influence. For developers and investors alike, the XRPL is becoming a platform to watch closely in the months ahead.
#DEFI #Cryptotradings
$XRP

XRP continues to face persistent downside pressure even as market interest remains strong and new institutional products begin to emerge. The token trades near the lower end of its recent range, and traders monitor several technical zones for signs of stabilization.
Technical Structure Shows Persistent Weakness
XRP keeps drifting lower on the 4-hour chart. Price stays under short-term EMAs and the mid-band of the Bollinger Bands. This structure confirms sustained selling strength.
Recent attempts to reclaim the $2.20 region failed, and this shows weak buyer conviction. The 0.382 Fibonacci level at $2.16 remains the first major resistance. Moreover, XRP has struggled to recover this area several times.
The current support stands at $2.05 to $2.06. Losing this zone exposes the 0.236 Fibonacci level at $1.94. Below that, the $1.58 area marks a full retracement region.
XRP Price Dynamics
On the upside, resistance sits at $2.34 and $2.52. These levels form a heavier supply zone that capped several rallies. A push through this area could send price toward the $2.70 region. However, trend pressure stays intact unless price reclaims $2.16 with strength.
Leverage and Liquidity Trends Offer Mixed Signals
Open interest climbed through late Q1 and Q2 as traders built large leveraged positions. The metric peaked above $8 billion during major rallies and showed intense speculation.
Related: Hyperliquid Price Prediction: Symmetrical Triangle Squeeze Sets Up Breakout As Flows Stabilize
However, it has now cooled near $3.79 billion. This decline signals position reduction as price returns to the $2.10 region. Despite the pullback, engagement stays higher than early-year levels. Hence, traders may re-enter if XRP holds key supports.
Spot flows show consistent outflows across the year. Several sessions printed over $100 million in distribution. Additionally, 20 November recorded another $21.64 million exit as price hovered near $2.12. These flows highlight defensive sentiment and cautious positioning.
New ETF Provides a Fresh Narrative
Bitwise confirmed the launch of its spot XRP ETF on the New York Stock Exchange. The fund carries a 0.34% fee that will be waived for the first month on the initial $500 million in assets.
Moreover, the launch adds a new institutional gateway for XRP exposure. This development may influence sentiment if liquidity improves and market conditions stabilize.
Technical Outlook for XRP Price
Key levels remain clearly defined as XRP enters its next trading phase. Upside levels sit at $2.16, $2.34, and $2.52, which form the immediate hurdles that bulls must reclaim to shift short-term momentum. A clean breakout above $2.52 could extend gains toward $2.70 and $2.77, where higher-timeframe resistance aligns with the 0.786 Fibonacci zone.
Downside levels include $2.05, which acts as trendline support on lower timeframes. A break below this region exposes $1.94, the next structural level. If selling pressure intensifies, the chart leaves room for a deeper move toward $1.58, which represents the full retracement of the prior impulse.
The technical picture shows XRP compressing under the 0.382 Fibonacci level, forming a tightening structure that often precedes a strong expansion. A decisive reclaim of $2.16 signals momentum recovery, while failure to clear it keeps the trend vulnerable.
Will XRP Rebuild Momentum?
XRP’s near-term direction depends on whether buyers defend the $2.05 support long enough to retest the $2.34–$2.52 resistance cluster. Compression, fading leverage, and persistent outflows point toward reduced conviction, yet historical behavior shows volatility often increases when price tests major Fibonacci bases.
If inflows strengthen and price holds above $2.05, XRP could stage a rebound toward $2.34, with an extension toward $2.52 and $2.70 on stronger momentum. However, failure to protect current support risks reopening the path to $1.94, and a deeper slide becomes more likely beneath that level.
For now, XRP trades in a pivotal zone. The coming sessions will likely hinge on liquidity flows, structural confirmation, and the market’s reaction around the $2.16 reclaim level, which remains the deciding factor for the next major move.
#DigitapCrypto #cryptotradings
$XRP

XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum.
News Background
The decline unfolded against a backdrop of mixed institutional signals and heightened macro uncertainty. Crypto markets remain trapped in a medium-term downtrend, with sentiment pinned in the fear zone as volatility spikes across majors.
Canary Capital’s newly launched U.S. spot XRP ETF (XRPC) registered $58.6 million in first-day volume, far exceeding analyst expectations of $17 million. Yet the strong debut failed to stabilize XRP, as derivatives markets flashed stress signals. Roughly $28 million in XRP liquidations hit within 24 hours, with long positions accounting for nearly $25 million of the wipeout.
Market analysts warn that institutional flows remain conflicted—ETF inflows show interest, but broader risk-off pressure continues suppressing crypto liquidity and momentum.
Price Action Summary
XRP dropped 4.3% from $2.31 to $2.22 during the 24-hour session ending November 16 at 02:00 UTC. The decline carved a $0.10 range with a clear sequence of lower highs confirming bearish structure.
The most aggressive selling hit at 00:00 UTC, when 74M XRP traded—69% above the 24-hour average—breaking the $2.24 support. Price slid to $2.22, marking the session low. Three separate volume spikes above 57M during decline phases validated sustained distribution.
Despite the ETF catalyst, the selloff accelerated as price rejected $2.31 and failed to find support near prior consolidation zones. The pair settled into a tight $2.22–$2.23 consolidation after the breakdown.
Technical Analysis
Support/Resistance:
Primary support: $2.22 (capitulation low)
Immediate resistance: $2.23–$2.24 breakdown zone
Critical Fibonacci support: $2.16 (0.382 retracement) — loss of this level risks swift drop toward $2.02–$1.88
Volume Profile:
Breakdown volume: 74M XRP (+69%) confirming capitulation
Two reversal-phase spikes (01:39, 01:46): 4.7M each, signaling selling exhaustion
Recovery saw normalized but steady volume, consistent with bottom-fishing interest
Chart Structure:
Overnight price hammered into support, printing a textbook V-shaped reversal
Higher lows formed at $2.209 → $2.217 → $2.227, indicating momentum shift
However, broader downtrend from $2.31 remains intact pending resistance reclaim
Failure to break $2.23–$2.24 zone limits upside follow-through
Momentum Indicators:
Intraday oversold conditions triggered reversal, but daily trend bias remains bearish
50D/200D structure slopes downward, adding overhead pressure
What Traders Should Know
XRP sits at a tactical pivot after a dramatic washout:
Holding $2.22 is crucial — failure exposes direct move toward $2.16, then $2.02–$1.88
A confirmed reclaim of $2.24, followed by $2.31, is needed to rebuild bullish structure
ETF flows will influence volatility — follow early XRPC volume at U.S. market open
The V-shaped rebound provides short-term relief, but major resistance overhead limits immediate upside
A sustained break above $2.48 is required to shift trend bias back toward $2.60+ targets
#MarketPullback #cryptotradings
$XRP

The next few days are shaping up to be one of the most active and significant weeks in XRP’s market history. After months of filings and regulatory progress, four major asset managers are expected to debut their spot XRP exchange-traded funds, marking a big moment for institutional access.
A Packed Launch Schedule
All four launches are scheduled within the same week, creating a rare, high-intensity rollout phase. According to current timelines, Franklin Templeton is expected to go live first on November 18, followed by Bitwise between November 19 and 20, while 21Shares and CoinShares are lined up for the November 20 to 22 window. This clustering of launches signals increasing institutional demand and confidence in XRP as a regulated investment product category.
Franklin Templeton Set to Lead the Wave
Franklin Templeton, one of the world’s largest asset managers, plans to launch its spot XRP ETF on November 18. With an estimated $1.5 trillion in company-level assets under management, the firm’s entrance is seen as a strong validation from traditional finance. Early modeling suggests meaningful institutional participation could follow, especially if volumes mirror the early days of Bitcoin and Ethereum ETF trading.
Bitwise Plans XRP ETF After Completing DTCC Listing
Bitwise is expected to begin trading between November 19 and 20 with its product, Bitwise XRP ETF. The firm has already secured DTCC listing approval and is finalizing launch readiness. Bitwise holds around $5 billion in assets and has prior experience with Bitcoin and Ethereum ETFs, placing it in a strong position to attract early institutional interest.
21Shares Expanding Global ETF Footprint
21Shares is expected to enter the market between November 20 and 22. The product is named 21Shares Core XRP Trust ETF and will likely list on Cboe BZX, one of the main US ETF exchange venues. The company manages roughly $7 billion and has a proven global track record with crypto ETFs across Europe and other regions.
CoinShares Expected to Enter With Institutional Custodians
CoinShares is also targeting the same week, with a November 20 to 22 launch window. Its ETF, listed as CoinShares XRP ETF, received DTCC approval and shows an estimated $5 billion in company AUM. The company plans to work with Gemini and BitGo as custodians, both recognized names in institutional crypto storage.
How Big Is the Institutional Landscape?
Recent public asset management figures show that Franklin Templeton sits far above competitors with an estimated $1.5 trillion in assets, while mid-tier ETF players like 21Shares, Bitwise, and CoinShares operate between $5 billion and $7 billion. Although these numbers represent full company AUM rather than seed capital, they reveal the growing financial scale entering the XRP ecosystem.
New Price Model Shows Wide Range of Outcomes
A new liquidity-driven pricing model being shared across analysts forecasts XRP could trade between $4.50 and $15 within 30 days after ETF activation and between $7 and $24 after 60 days.
ETF inflow math is insane: With 5–20 ETFs seeded at $10M–$45M each, XRP statistically reaches $7–$24 in just 60 days.
Institutions don’t nibble, they swallow markets whole. $XRP
The model is based on expected supply absorption and ETF inflow pressure, not hype or speculation. Final movement will depend on capital inflows, market sentiment, and overall crypto liquidity conditions.
#MarketPullback #cryptotradings
$XRP

Franklin Templeton has named Coinbase Custody as the custodian for its proposed spot XRP exchange-traded fund, according to the final prospectus submitted to the U.S. Securities and Exchange Commission.
The asset manager, which manages about $1.6 trillion, disclosed that the product is scheduled to begin trading on November 18 once regulatory conditions are met. The move forms one of the first fully structured spot XRP ETF frameworks filed in the United States and adds to a growing slate of crypto-related submissions awaiting SEC review.
🚨 🚨 BREAKING NEWS:
Coinbase Custody will serve as the custodian for Franklin Templeton’s spot XRP ETF (ticker: EZRP).This is confirmed in the final prospectus filed with the SEC and in Franklin Templeton’s official announcements. $1.6T FT will launch tomorrow November 18
The fund, which would trade on the Cboe BZX Exchange, is intended to offer exposure to XRP, currently the fourth-largest cryptocurrency by market capitalization. Coinbase Custody would safeguard the ETF’s XRP assets, while Coinbase, operating separately, would act as the prime broker for trade execution services.
CSC Delaware Trust Company would oversee trust management responsibilities as trustee. Franklin Templeton stated that the ETF shares will be issued and redeemed at net asset value through authorized participants, consistent with other spot crypto ETF mechanisms.
Key Disclosures in the Filing
The net asset value of the fund would be based on the CME CF XRP -Dollar Reference Rate, a standard asset price index that is typically applied across financial products in the digital-asset sector. In the framework described in the filing, the sponsor of the fund, Franklin Holdings, has consented to pay the majority of typical operating expenses in exchange with a sponsor fee. The trust is classified as an emerging growth company under the JOBS Act, which provides it with some reporting accommodations in its initial years of operation.
The SEC acknowledged the filing within days of multiple other XRP ETF submissions, including Grayscale’s February 14 application, which initiated a 240-day review process. The acknowledgment marked the first time the regulator has formally responded to proposals involving investment products that directly hold XRP, even as the SEC continues its separate litigation against Ripple Labs concerning XRP’s regulatory classification.
Institutional XRP Products Begin to Expand
There has been an increase in interest in XRP investment vehicles. Bitwise, just under two days after Franklin Templeton indicated that it would launch, began to announce that it would start trading its own spot XRP fund on November 20. The company claimed that its product is targeted at institutional investors, including hedge funds and family offices, who require a regulated investment in the asset.
The new investment products on XRP have been given a boost by their recent market performance. Furthermore, the Canary Capital XRPC product generated approximately $58 million during its initial trading on the first day. An XRP-based product raised $243 million in its initial launch, outperforming the $111.7 million raised by the first launch of the BlackRock Bitcoin ETF.
Market Observations Following ETF Developments
Although XRP has suffered a pullback following these product launches, analysts quoted by market trackers have noted that the downtrend occurred during an overall weak market period. In commentary, analysts, including E. Grag Crypto, Javon Marks, and Ripple Bull Winkle, assert that the recent price action was not in line with changes in ETF trading volumes.
Their publicly issued evaluations cited historical price patterns and previous market responses, but failed to attribute the retracement to ETF-related activity.
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$XRP

A market analyst suggests XRP price could see steeper declines below $1 unless the forthcoming Franklin Templeton XRP ETF offsets the bearish pressure.
With the broader crypto market seeing persistent declines over the past few weeks, XRP has not escaped the onslaught. Specifically, the crypto asset has lost over $43 billion from its market cap since October, with prices down by more than 27% within this period. XRP now trades at the lower end of the $2 range, changing hands at $2.11.
The Multi-Month XRP Symmetrical Triangle
Notably, amid this downtrend, Block Bull, a well-known market analyst, has called attention to a more troubling development on the weekly XRP chart. In a recent analysis, the market watcher pointed out that XRP had broken below a crucial symmetrical triangle that had held since July 2025 on the weekly chart.
Specifically, while the lower ascending trendline of this symmetrical triangle emerged following the recovery from the $1.6 low in April 2025, providing support, the upper descending trendline took shape in July 2025 after XRP collapsed from the $3.66 all-time high.
Since July, the upper trendline has capped XRP’s upward push, leading to lower highs, while the lower trendline has provided a cushion for when bearish pressure emerges, leading to higher lows.
For context, symmetrical triangles typically emerge when volatility drops, and have an equal chance of a breakout in either direction. Interestingly, after falling from $3.66 in July, XRP had been retesting the upper trendline, eyeing an upward breakout. However, the bears persistently presented resistance at the trendline.
Breakdown Spells Trouble
Notably, the bears eventually had the upper hand last week, as the ongoing bearish trend resulted in a breakdown. Citing this unfavorable turn of events, Block Bull suggested that XRP now remains in a very dangerous situation that needs to immediately improve. “Long way down for $XRP if it doesn’t recover in the next couple of weeks,” the analyst remarked.
Essentially, he expects this breakdown to lead to steeper declines for XRP, pointing to a long-term ascending trendline that previously acted as support at lower prices before the November 2024 run.
This trendline, which currently sits at $0.66, has provided cushion since March 2020, and Block Bull believes XRP could drop to this level if it doesn’t push back inside the symmetrical triangle in weeks. For perspective, a drop to $0.66 from the current price would culminate in a massive 68% crash.
Franklin Templeton XRP ETF Could Help
Interestingly, while the bulls could indeed invalidate this bearish tendency, Block Bull presented one factor that may contribute to the recovery: the imminent launch of the Franklin Templeton XRP ETF. For context, the product was expected to debut on Nov. 18, but delays pushed it further to Nov. 24.
Block Bull’s confidence in the Franklin ETF comes from the performance of the Canary Capital XRP ETF (XRPC), which launched with an impressive $245 million worth of inflows. Notably, Franklin Templeton, which boasts over $1.6 trillion in AuM, is much larger than Canary Capital, leading to speculations that its ETF product could see a similar success.
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$XRP