$XRP – Daily Update (November 14, 2025)
Current Price: $2.24 USD
Today's Range: $2.24 – $2.50 USD
24H Change: -$0.25 (-0.10%)
📰 Key Developments
1. Launch of Spot ETF for XRP
The first Spot ETF dedicated to XRP, named XRPC, was launched by Canary Capital in the United States.
Day-one trading volume exceeded $58 million, marking a record for ETF launches this year.
Despite this positive development, immediate market support has yet to materialize.
2. Price Decline & Market Pressure
XRP price dropped by approximately 8% in the last 24 hours due to overall market pressure and weak investor sentiment.
Analysts note that institutional inflows have not yet kicked in, despite the positive news around the ETF.
3. Technical Analysis & Key Levels
Support: ~$2.30 USD
Next Resistance: ~$2.43 USD
XRP is trading in a sensitive range. Staying above support may trigger a short-term rebound, while breaking support could push the price lower.
Watch Points
Monitoring institutional capital flows via the XRPC ETF and their effect on the price.
Maintaining the price above the ~$2.30 support level to avoid further decline.
The impact of broader market sentiment and central bank policies on XRP’s movement.
Despite entering a significant regulatory milestone with the launch of the Spot ETF, XRP faces short-term challenges due to market pressures. Holding above the key support level could indicate a potential rebound, while a break may lead to additional correction.
