XRP Price Slides 15% — Can Bitwise XRP ETF Stop The Drop

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% soar 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 at present on the New York Inventory Change beneath 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 property. This product brings buyers spot publicity to XRP, the crypto asset that goals to… pic.twitter.com/0GLR37NnuI

— Bitwise (@BitwiseInvest) November 19, 2025

The ETF is predicted to deliver 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 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 value, in contrast to 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 value? ​

XRP Worth Underneath Strain As Sellers Dominate

Worth motion for XRP has been beneath sustained downward strain. Knowledge from Glassnode 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 stage since late 2024, when XRP was buying and selling close to $0.53.​

On-chain analytics reveal whales have been promoting because the summer season, sparking a shift in sentiment to “anxiousness.” Retail buyers are additionally speeding for the exits, particularly these with lower than 100 XRP tokens.​

Nonetheless, using the XRP Ledger stays sturdy regardless of the value droop. XRPScan stories 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 in the future, displaying that fee and settlement use circumstances are nonetheless energetic. The ledger continues to file between 1.5 and a couple of million profitable transactions per day, outperforming many various blockchains, even because the coin’s value drops.​

XRP Ledger Transaction Rely supply: CryptoQuant

XRP Worth Bulls Might Regain Management

The XRP value is now buying and selling at $2.12, beneath the 50-week easy transferring common (SMA) at $2.53 and approaching key assist ranges proven by the current multi-month buying and selling vary.

Bears are in management, because the coin struggles to carry above the crucial $2.10-$2.00 assist zone. The 50-week SMA at $2.53 has turn into sturdy resistance after the current breakdown. The 200-week SMA sits far beneath 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 is just not but “oversold,” however the development is bearish and momentum is missing.​ The MACD indicator is damaging, with the primary line beneath the sign and histogram bars in crimson. This alerts that sellers are nonetheless in cost.​

XRP’s value is presently caught between $2.00 and $2.50, with the $2.00 space now appearing as key assist. If bears break this stage, value may drop rapidly to $1.80 and even $1.60, near the 61.8% Fibonacci retracement (at $1.60) from the earlier large 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 value 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 at present is drawing big consideration from each institutional and retail buyers. Whereas it’s anticipated so as to add new liquidity and will appeal to contemporary waves of shopping for, the broader damaging sentiment and on-chain proof of heavy promoting make a fast turnaround unsure.​

If at present’s ETF launch sparks demand, XRP may discover assist and get better to greater ranges. But when consumers don’t step in strongly, value dangers will drift towards decrease helps within the coming weeks.

The subsequent few days of buying and selling shall be essential for deciding whether or not XRP value can lastly stabilise, or whether or not the downtrend continues regardless of Wall Road’s newest crypto product launches.​​

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