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According to PANews, data from SoSoValue indicates that on December 2, Eastern Time, the U.S. XRP spot ETF experienced a substantial net inflow of $67.74 million. Grayscale GXRP contributed $45.78 million to this inflow, bringing its historical cumulative inflow to $170 million. Franklin XRPZ added $8.22 million, with a historical cumulative inflow of $122 million. Currently, the total net asset value of XRP spot ETFs stands at $845 million, with an XRP net asset ratio of 0.65%. On December 2, the Canary HBAR spot ETF recorded a net inflow of $1.78 million, with a total net asset value of $66.47 million and an HBAR market share of 1.08%. The Grayscale DOGE ETF saw a net inflow of $510,000, resulting in a total net asset value of $6.58 million for the DOGE spot ETF. Meanwhile, the LTC ETF did not experience any new inflows.

According to Odaily, Whale Alert monitoring data reveals that Ripple has recently unlocked 1 billion XRP from its escrow account.

According to Odaily, Franklin Templeton has updated its XRP spot ETF holdings. As of December 1, the ETF's XRP holdings have reached 53,219,913.35 units, with a market value of $107,079,530.05. Additionally, the ETF's total net asset value stands at $78.67 million, with 3,150,000 shares currently in circulation.

According to Foresight News, data from SoSoValue indicates that on December 1, Eastern Time, XRP spot ETFs experienced a total net inflow of $89.65 million. The Grayscale XRP ETF (GXRP) led with a single-day net inflow of $52.3 million, bringing its historical total net inflow to $124 million. Following GXRP, the Franklin XRP ETF (XRPZ) recorded a single-day net inflow of $28.41 million, with its historical total net inflow reaching $114 million. As of the time of reporting, the total net asset value of XRP spot ETFs stands at $723 million, with an XRP net asset ratio of 0.60%. The cumulative historical net inflow has reached $756 million.

According to Cointelegraph, Ripple Labs has secured approval from Singapore's central bank to broaden its payment activities in the region. This development is part of Ripple's strategic efforts to enhance its business and institutional offerings through acquisitions. Ripple Markets APAC, the company's Singapore subsidiary, received authorization from the Monetary Authority of Singapore (MAS) to extend the scope of its regulated payment activities under its Major Payment Institution (MPI) license, as announced by the company on Monday. Monica Long, Ripple's President, expressed appreciation for Singapore's progressive approach, noting that the expanded license bolsters Ripple's capacity to invest in Singapore and develop the necessary infrastructure for financial institutions to facilitate efficient, rapid, and secure money transfers. Ripple Payments utilizes digital payment tokens, including its stablecoin RLUSD and XRP (XRP), for cross-border transactions. The service is designed to function as an on-ramp and off-ramp, supporting collection, holding, swapping, and payouts for banks and companies, according to Ripple. The company has made several notable acquisitions this year to expand its business and institutional offerings, with a recent acquisition on Nov. 4 involving crypto custody and wallet company Palisade. Ripple was granted its MPI license in 2023, enabling it to offer regulated digital payment token services in Singapore. As of Monday, the MAS website lists digital payment token services under Ripple's license, which encompasses buying or selling digital payment tokens or providing a platform for users to exchange these tokens. Ripple has been active in Singapore since 2017, and the company regards the region as crucial to its global operations. Fiona Murray, Ripple's vice president and managing director in the Asia Pacific, highlighted the significant growth in the region, with onchain activity increasing approximately 70% year-over-year, positioning Singapore at the center of this expansion. With the expanded scope of payment activities, Ripple aims to better support the institutions driving this growth by offering a comprehensive suite of regulated payment services, delivering faster and more efficient payments to its customers. The Asia-Pacific region has experienced the highest year-on-year growth, as reported by Chainalysis' 2025 Global Adoption Index published on Sept. 3. The total value received surged 69% to $2.36 trillion, led by countries such as India, Pakistan, and Vietnam, with the Philippines, South Korea, and Thailand also ranking in the top 20.

XRP is holding firm at a critical support level after an 18% monthly decline, with analysts now tracking a potential Elliott Wave reversal that could mark the end of its corrective cycle. A decisive close above $2.22 would confirm a bullish trend shift, while losing $2.17 risks unlocking deeper downside targets.XRP Defends the $2.17 Level After Heavy SellingXRP stabilized on Tuesday after a month of persistent selling pressure. Market sentiment deteriorated earlier in the week, but buyers stepped in as price retested long-standing trend support at $2.17.The most notable movement occurred at 15:00 UTC, when trading volume surged to 202.7 million XRP, roughly 158% above the daily average, sending price briefly to $2.28 before a sharp rejection. Analysts say this behavior aligns with the final stages of XRP’s broader corrective structure.Elliott Wave specialists note that XRP appears to have completed the final leg of its ABC correction earlier this month, bottoming near $1.88 — a region that coincides with the 161.8% Fibonacci extension, a level that frequently marks major cycle lows.Price Action SummaryXRP traded in a volatile but controlled intraday range:Range: $2.17 to $2.28Post-rejection pullback: price returned toward $2.17, then stabilizedConsolidation: XRP held between $2.18–$2.19Accumulation signals: volume spikes at 02:12 (387K) and 02:15 (427K) supported a rebound to $2.188The ability to repeatedly defend $2.17 and hold above $2.18 indicates the early reconstruction of bullish market structure rather than continued distribution.Technical Outlook: XRP Approaches a Make-or-Break Pivot1. Key support is holdingXRP’s resilience at the $2.17 support zone confirms that buyers remain active even after a challenging month. This level now serves as the foundation for any bullish continuation.2. Resistance pressure is narrowingLower highs over the past week define a descending resistance structure, but consolidation above $2.184 suggests accumulation. This transition typically precedes breakout attempts.3. Elliott Wave structure supports reversalAnalysts tracking the Wave-4 correction point out:Wave-4 likely completed near $1.88This aligns with major Fibonacci exhaustion zonesThe next phase, Wave-5, requires a confirmed breakout above $2.224. A close above $2.22 is the bullish triggerA daily close above $2.22 would:Break descending resistanceConfirm the end of Wave-4Activate early Wave-5 extension targetsIf confirmed, the next resistances are:$2.28 (local rejection level)$2.63 (supply cluster)$2.70 (channel resistance)5. Long-term Wave-5 projection: $5.85If the Wave-5 expansion fully develops, long-term Fibonacci extensions place the extended target region near:$5.85 (261.8% Fibonacci extension)This is a macro target, not an immediate one, but it remains valid as long as $2.17 holds.Market Behavior Supports Reversal ExpectationsSeveral signals align with the bullish reversal thesis:High-volume buying during the $2.28 testPersistent low-volume accumulation around $2.18Strengthening ETF flows into XRP productsImproving intraday accumulation patternsTogether, these suggest traders may be positioning for a breakout attempt in the coming sessions.What Traders Should Watch NowBullish scenarioHold $2.17 supportClose above $2.22 to confirm trend reversalBreak $2.28 to validate momentumUpside targets: $2.28 → $2.63 → $2.70, then potentially $5.85 (macro)Bearish scenarioLose $2.17 supportDownside opens toward $2.10, then $1.98Invalidates near-term Elliott Wave bullish countTiming mattersAnalysts expect the next 48–72 hours to determine whether XRP begins a new expansion phase or slips back into deeper consolidation.

XRP has rebounded nearly 21% from its sub-$2 lows on Nov. 21, and a cluster of technical, on-chain and fundamental signals now point to a potential push toward the $2.80 level in the short term.Key pointsMultiple XRP technical patterns converge on a $2.70–$2.80 upside target.Exchange balances have dropped 45% in 60 days, signaling reduced selling pressure.Spot taker CVD remains firmly positive as demand strengthens.U.S. spot XRP ETFs have logged a nine-day inflow streak, supporting momentum.1. Bull pennant on the 4-hour chart targets $2.80XRP’s four-hour chart shows price breaking out of a clean bull pennant structure. Analyst Crypto Batman noted that XRP has not only reclaimed former support, but is also “breaking out of a classic bullish pennant, a strong continuation pattern.”A confirmed close above $2.22 — the pennant’s upper trendline — would activate the measured-move target at $2.80, roughly a 25% advance from current levels.The relative strength index (RSI) has climbed from oversold (23) to 55, signaling strengthening upward momentum.2. V-shaped recovery pattern points to $2.70Zooming out, XRP has been drawing a V-shaped recovery since early November. Price now sits below a heavy supply zone between $2.30 and $2.63, where several major SMAs cluster.A decisive push above this region would open the path toward the neckline around $2.70, completing the V-reversal structure.The MACD has flipped positive, supporting a continuation move. Analyst Terra Army said a breakout above $2.30–$2.40 with volume could mark the beginning of a stronger trend reversal.3. XRP supply on exchanges drops 45%One of the most bullish on-chain signals comes from exchange balances. According to Glassnode, XRP held on centralized exchanges has fallen from 3.95 billion tokens to 2.6 billion over the past two months — a 45% decline.Falling exchange supply typically reflects long-term conviction, as holders move coins to self-custody and reduce near-term sell pressure.XRP analyst BD summarized it succinctly: “Less sell pressure is a stronger setup for a big move later.”4. Spot taker CVD shows buyers firmly in controlThe 90-day spot taker CVD — a measurement of buyer vs. seller aggression — has turned decisively positive after weeks of persistent sell-side pressure.Green CVD readings indicate that market buys are outpacing sells, reinforcing that buyers are absorbing supply and willing to lift price on the order books.Historically, similar CVD shifts preceded XRP’s strongest recovery phases.5. Spot XRP ETFs log nine straight days of inflowsSustained institutional demand continues to come from newly launched U.S. spot XRP ETFs.According to SoSoValue:Nine consecutive days of inflows$2.81 million added on Thursday$643 million cumulative inflowsOver $767 million in total net assetsThe upcoming launch of 21Shares’ spot XRP ETF on Monday — plus several more awaiting approval — adds another near-term tailwind.Bottom lineWith technical breakouts forming, on-chain selling pressure easing, and ETF inflows accelerating, XRP’s setup appears increasingly constructive. Several indicators support a short-term move toward $2.70–$2.80, with analyst targets extending to $3.30–$3.50 if momentum strengthens into December.

According to Odaily, the price of XRP has rebounded nearly 21% from its low on November 21, with various technical, on-chain, and fundamental indicators suggesting a potential rise to $2.80 in the short term.Technical analyst Crypto Batman notes that XRP's four-hour chart is forming a bullish pennant, a strong continuation pattern. If XRP's price closes above the upper trendline of this pattern at $2.22, it could further rise to the pennant target price of $2.80. Additionally, a V-shaped reversal pattern on the daily chart and a bullish crossover in the Moving Average Convergence Divergence (MACD) indicator support a price rebound to $2.70.On-chain data from Glassnode reveals that XRP balances on exchanges have decreased by over 45% to 2.6 billion tokens in the past 60 days, indicating a lack of selling pressure from holders. Meanwhile, CryptoQuant's 90-day spot cumulative volume delta (CVD) shows a positive value, suggesting that buy orders are dominant and demand is recovering.Fundamentally, the U.S. spot XRP ETF has recorded net inflows for nine consecutive days since its launch, reflecting strong institutional demand. SoSoValue data indicates that on Thursday, the XRP ETF saw inflows of $2.81 million, with cumulative net inflows reaching $643 million. The 21Shares spot XRP ETF is expected to go live on Monday, with more ETFs awaiting approval, potentially providing further momentum for XRP's price.

XRP’s newly launched spot exchange-traded funds absorbed nearly 80 million tokens on their first trading day, marking one of the strongest openings for a non-Bitcoin crypto ETF to date. The inflows—driven primarily by Grayscale and Franklin Templeton—have intensified market speculation about whether XRP is entering the early stages of a new bullish trend.Data from XRP Insights shows that total XRP ETF assets under management climbed to $778 million, outpacing the debut momentum recently seen in Solana ETF products and occurring during a period of ongoing Bitcoin ETF outflows.ETF Launch Brings Strong Demand, but Sustainability MattersOn launch day, Grayscale’s GXRP recorded $67.4 million in inflows, while Franklin Templeton’s XRPZ attracted $62.6 million, equivalent to nearly 80 million tokens absorbed within 24 hours.Four XRP ETFs are currently live in the United States:• Canary XRPC — $331M cumulative inflows• Bitwise XRP ETF — $168M• Grayscale GXRP — $67.4M (launch day)• Franklin Templeton XRPZ — $62.6M (launch day)The scale of opening inflows matters because ETF demand directly draws from circulating supply. Analysts, however, emphasize that sustained inflows, not one-off launch spikes, will determine XRP’s structural advantage.XRP researcher Chad Steingraber said the inflows could meaningfully influence price dynamics over time, noting that each ETF share “represents 10 to 20 XRP,” and continued demand could create a FOMO-driven volume surge.More inflows may be coming: 21Shares’ TOXR ETF is expected to debut on Nov. 29 on Cboe BZX after receiving S-1 and Form 8-A approval.XRP Forms Bullish Flag but Still Trades Below Key EMAsXRP has staged a steady recovery—rising from $1.90 to $2.20 this week—making it the strongest performer among the top-10 cryptocurrencies. But the price now faces a decisive technical moment.On the four-hour chart, XRP is forming a bullish flag pattern, with a potential breakout targeting:• $2.30–$2.35 (liquidity pocket)• $2.35–$2.45 (sell-side fair value gap)A clean reclaim above $2.20 would validate the pattern. Failure to break this level increases the probability of a retracement toward the $2.10–$2.00 liquidity zone, where buyers have previously shown interest.The RSI sits above 50, signaling solid momentum, but XRP remains below the 50, 100, and 200 EMAs, maintaining a technically bearish broader trend.What Comes Next for XRP?Short-term sentiment has strengthened on the back of ETF demand and improving technical structure. Still, analysts caution that:• ETF inflows must persist beyond the launch window• XRP must break and close above $2.20 to confirm bullish continuation• A move above $2.35–$2.45 would shift the medium-term outlook decisively upwardUntil these conditions materialize, XRP remains at a critical inflection point, balancing strong institutional interest against a broader downtrend.

Key TakeawaysXRP ETFs record steady institutional inflows but price momentum remains muted near $2.17–$2.21ETFs absorb millions of tokens, yet derivatives open interest stays weak, signaling low retail participationKey resistance at $2.24–$2.38 continues to restrict upside confidence despite improving indicatorsETF Launches Drive Demand But Price Reaction StallsXRP ETFs continued attracting steady inflows across U.S. exchanges, extending the strong debut of products from Grayscale, Franklin Templeton, Bitwise, and Canary Capital. Tuesday saw approximately $35 million in inflows, bringing net assets to $645 million and cumulative ETF volume to $622 million.Despite the ETF-driven absorption of millions of tokens, XRP price action stayed soft. The token sits below the immediate $2.20–$2.21 consolidation band and remains well off the weekly high at $2.30.Steady ETF demand highlights resilient institutional interest, but the absence of broad follow-through across the crypto market limits immediate upside. Macro Conditions And Market Structure Restrain MomentumBroader market conditions subdued sentiment, with derivatives open interest averaging $3.96 billion, notably below the $4 billion threshold that previously supported stronger upside. The stark contrast with July’s peak $10.94 billion open interest underscores reduced risk appetite in leveraged markets.A significant liquidation wave earlier in the week erased overextended positions while whale wallets distributed roughly 180 million XRP, intensifying selling pressure and preventing a sustained rebound.Meanwhile, Bitcoin outflows added cross-market headwinds, contributing to a cautious backdrop as investors rebalanced toward regulated ETF products. Technical Indicators Show Mixed Confidence LevelsXRP remains pinned below critical trend markers. All major Exponential Moving Averages (50, 100, 200) on the four-hour chart sit above the market, reflecting an overall bearish technical structure.RSI (14): 47.13 – neutralADX (14): 25.96 – signals moderate trend strength, not yet decisiveMACD Level: -0.07343 – trending toward positive momentum, matching the recent histogram shiftSource: TradingView10-period EMAs and SMAs show early short-term strength, while 20/30/50/100/200 EMAs and SMAs reflect broader downtrend pressure Institutional Activity Shows Rotation Toward Regulated XRP ExposureEarly ETF products such as XRPI and XRPR posted double-digit daily gains, signaling strong activity in equity-based XRP exposure. The regulated inflow suggests a structural rotation from speculative crypto trading to ETF-based positions, especially after Ripple’s 2025 SEC settlement, which restored regulatory clarity.Combined flows from Grayscale, Franklin Templeton, Bitwise, and Canary Capital push XRP ETF inflows beyond $700 million in the first week of full activity, positioning XRP alongside leading altcoin ETFs. Outlook: Key Levels And Signals To MonitorXRP trades at a critical juncture where institutional inflows, whale flows, and derivatives positioning collide.Key levels to watch:$2.20 support – loss exposes $1.88–$1.91$2.24 resistance – reclaiming signals renewed bullish momentum$2.38 cluster – major structure break for broader continuation

According to Odaily, data from SoSoValue indicates that on November 26, Eastern Time, XRP spot ETFs experienced a total net inflow of $21.81 million. The Bitwise XRP ETF recorded the highest single-day net inflow of $7.46 million, bringing its historical total net inflow to $163 million. Following this, the Canary XRP ETF saw a net inflow of $5.21 million, with its historical total net inflow reaching $335 million. As of the time of reporting, the total net asset value of XRP spot ETFs stands at $676 million, with an XRP net asset ratio of 0.50%. The cumulative historical net inflow has reached $644 million.

Key TakeawaysXRP jumped more than 7% in 24 hours, hitting $2.19 as momentum strengthens.New XRP ETFs from Bitwise, Franklin Templeton, Canary and Grayscale generated $85.7M in opening-day volume.Open Interest Delta RSI has entered overheated territory, flashing early reversal risk.Spot–derivatives disconnect suggests speculative leverage is driving the rally.Institutional catalysts and Ripple’s treasury insights could override near-term technical resistance.XRP staged one of the strongest recoveries in the market this week, surging more than 7% in a 24-hour window and reclaiming the $2.19 level. But behind the bullish move, analysts warn that speculative leverage is rapidly building, hinting that XRP may be approaching an overbought zone.The rally follows a massive sentiment shift across crypto after last week’s market-wide crash. But unlike other large-cap assets, XRP’s rebound has been unusually strong, putting the token at the center of renewed institutional and derivatives-driven activity.XRP ETFs Generate $85.7M on Day One, Fueling Institutional DemandThe biggest catalyst behind XRP’s sudden strength is the debut of four XRP exchange-traded funds, now trading on the New York Stock Exchange.Opening-day volume totaled $85.7 million, distributed as follows:Bitwise XRP ETF (XRP) — $36.6MFranklin Templeton XRPZ — $23.6MCanary XRPC — $18.7MGrayscale GXRP — $6.7MBitwise’s fund dominated early flows, highlighting strong institutional preference for its product structure and liquidity profile.These inflows mark one of the strongest ETF launches for an altcoin in 2025, and traders say the new demand is already shaping XRP’s intraday liquidity and volatility patterns.Derivatives Market Overheating — OI Delta RSI Flashes Reversal RiskDespite the bullish ETF boost, on-chain and derivatives signals are flashing caution.CryptoQuant analyst Maartunn reports that the OI Delta RSI — a metric measuring speculative positioning in derivatives — has surged above 70, entering overheated territory.This indicates:A rapid build-up of leveraged long positionsPrice movement driven more by speculation than organic demandGrowing risk of liquidation cascadesA potential local top forming near $2.19Historically, XRP has faced sharp reversals whenever OI Delta RSI enters this range.The takeaway:XRP’s rally is currently fueled more by derivative speculation than spot demand.Spot vs. Derivatives: A Risky Disconnect AppearsAnalysts warn that the growing gap between spot accumulation and leveraged futures trading could become a roadblock for further upside.When derivatives lead price action:Upward moves become fragileSmall corrections can trigger systemic liquidationsBull runs stall below key resistance zonesThis disconnect typically forms before local tops — unless fundamentals shift decisively.Ripple–GTreasury Report Could Become a Major Fundamental CatalystA new joint report from Ripple and GTreasury outlines how digital assets are reshaping global corporate treasury operations, highlighting faster settlement, lower costs, and higher uptime.Although not explicitly promoting XRP, the report underscores XRP’s utility as a bridge currency for institutional payments — a narrative that has historically driven strong inflows during adoption cycles.If institutional awareness grows, this catalyst could:Offset short-term derivative excessBuild real spot-market demandPush XRP through major resistance despite technical headwindsXRP Price Analysis: Key Levels to WatchXRP is currently trading above a critical support cluster:Support$2.18–$2.2738.2% Fibonacci retracement at $2.22Macro support at $1.99–$2.25Price continues to defend these levels, forming higher lows.Resistance$2.69–$2.84 — the primary breakout zoneA daily close above this range would confirm a medium-term trend reversal and open the door to new Fibonacci targets.The ETF inflows improve the odds of a breakout — but only if leveraged froth unwinds cleanly.Conclusion: A Technical–Fundamental Tug of WarXRP currently sits at the intersection of:Bullish Forces$85.7M ETF debut volumeStrong institutional flows led by BitwiseRenewed interest in XRP’s utility from the Ripple–GTreasury reportA broader market recovery following last week’s crashBearish ForcesOverheated derivatives marketOI Delta RSI > 70Disconnect between spot demand and leveraged tradingHistorically elevated risk of reversal after similar setupsThe next major test is the $2.69–$2.84 resistance zone.If ETF demand persists, XRP may break through with momentum.If derivatives unwind first, a retest of support around $2.18–$2.22 becomes likely.Either way, XRP’s volatility is far from over — and ETF flows now play a decisive role in where price moves next.

According to Cointelegraph, XRP has experienced a significant rebound, climbing nearly 25% from the $2 psychological level over the past week. This surge is attributed to robust daily ETF inflows surpassing $164 million, following the introduction of Grayscale's GXRP and Franklin Templeton’s XRPZ. The cryptocurrency remains bullish above $2, with technical indicators suggesting a potential rise to the $3.30–$3.50 range. However, resistance between $2.23 and $2.50 could trigger a bearish trend, potentially leading to a decline to $1.82. On Friday, XRP maintained its position within the $1.95–$2.05 support band of a prevailing parallel channel. This zone has consistently served as support since December 2024, with each retest resulting in significant bounces to the channel’s upper boundary near $3.50. If the current setup unfolds as anticipated, the XRP/USD pair could see gains of up to 57% by the end of the year. Analyst Milkybull Crypto highlights the On-Balance Volume (OBV) as a crucial factor in the bullish shift, noting that OBV's rise indicates genuine buying interest as the price reached $2. Analyst GalaxyBTC draws parallels between XRP's current structure and the setup that led to its explosive breakout in 2017. He observes that the $2 region is acting similarly to the mid-range support reclaimed before the historic rally eight years ago. With prices stabilizing around $2 and buyers re-entering the market, there is potential for XRP to revisit the upper boundary near $3.30–$3.50, reminiscent of the expansion phase following a similar technical setup in 2017. Despite the positive outlook, XRP faces several technical challenges to confirm a sustained upward movement. As of Tuesday, the token was testing the 0.236 Fibonacci retracement level near $2.23 as resistance. A decisive breakout above this level would encounter further obstacles, including the 50-day and 200-day EMAs, which have limited XRP's upward attempts since early October. These EMAs align closely with the upper trendline of XRP’s descending channel, a pattern that has directed the price lower since the summer. If this pattern persists, XRP could return to the channel’s lower boundary, potentially dropping toward the 0.0 Fib line near $1.82 by year-end. Such a move would undermine the bullish setup, suggesting the recent bounce was temporary. This article does not offer investment advice, and readers should conduct their own research before making investment decisions.

According to Foresight News, Crypto Briefing reports that the New York Stock Exchange (NYSE) has approved the listing of Franklin Templeton's XRP Spot Exchange-Traded Fund (ETF), which will trade under the ticker symbol XRPZ. The ETF will have an annual fee rate of 0.19%. Franklin Templeton plans to waive fees on the first $5 billion in assets until May 31, 2026.

According to Odaily, on November 20, Eastern Time, the Bitwise XRP ETF (ticker: XRP) was officially listed on the New York Stock Exchange after receiving approval from the U.S. Securities and Exchange Commission (SEC). Data from SoSoValue indicates that on November 20, the total net inflow for XRP spot ETFs was $118 million. On its first day of trading, the Bitwise XRP ETF saw a net inflow of $105 million, with a trading volume of $26.41 million and a total net asset value of $108 million. The Canary XRPC ETF experienced a single-day net inflow of $12.8 million, bringing its historical total net inflow to $305 million. As of the time of reporting, the total net asset value of XRP spot ETFs stands at $385 million, with an XRP net asset ratio of 0.32%. The historical cumulative net inflow has reached $411 million. The Bitwise XRP ETF allows for cash or physical redemption and has a management fee rate of 0.34%.

Key TakeawaysXRP price tumbles 6% to hover around $2.00, extending its multi-day weakness and reflecting bearish momentumWhale distribution accelerates, with 200M XRP offloaded in 48 hours, creating strong selling pressureBitwise XRP ETF closes 7% lower on debut, adding to ETF-driven volatilityXRP Declines As Whale Sell-Off IntensifiesXRP slipped 4.75% to $2.02 in the last 24 hours, underperforming the broader crypto market’s –4.69% move. Blockchain data shows whales distributed nearly 200M XRP (roughly $404M) over the past two days, adding significant selling pressure that outweighed buyer demand.This activity follows XRP’s 33% 90-day decline, signaling that larger holders may be reducing exposure amid continued downside risk. Rising exchange reserves further reinforce a cautious tone as more tokens move into liquid markets, a typical precursor to heightened volatility. ETF Debut Adds Volatility Instead of Boosting SentimentThe Bitwise XRP ETF, launched on Nov. 20, recorded $21.7M in turnover but closed the session 7% lower, reflecting a soft reception relative to the sector. Meanwhile, Canary Capital’s XRPC ETF, with $268M AUM, continues to dominate interest, raising questions about Bitwise’s ability to attract institutional participation.Weakness across traditional markets added to the pressure, with the Dow Jones falling –0.84%. Market sentiment remains “extreme fear” with a reading of 15, while rising Bitcoin dominance (58.16%) signals a broader shift into perceived safer crypto assets. Technical Structure Shows Further Downside RiskXRP broke below the $2.04 pivot and is now retesting the critical $2.00 Fibonacci (78.6%) support. The RSI at 33 signals oversold conditions but shows no bullish divergence, suggesting the downtrend may persist.A confirmed breakdown below $2.00 would extend the descending triangle pattern that formed after XRP fell from the $3 psychological level. The pattern’s structure points toward a measured move to $1.55, representing a possible 25% decline from current levels.The pattern confirmation occurred when XRP slid below $2.20 earlier this week. Historical analysis also warned of potential declines toward $1.61, reinforcing the current bearish setup.Source: TradingViewAdding to the overhead pressure, nearly 3.23B XRP were acquired between $2.38–$2.40, creating a supply cluster aligned marginally below the 100-day SMA, a stiff resistance zone that continues to cap upward momentum. Outlook: Can XRP Defend The $2.00 Support?The key question is whether XRP can hold $2.00, a psychologically and technically important level. A sustained break could expose the token to the $1.98 range and potentially toward the $1.55 triangle target.

XRP slipped below its key $2.10 support level on Wednesday as crypto markets came under renewed pressure from Bitcoin’s return below $90,000, weakening liquidity, and accelerating ETF outflows. Analysts say institutional activity has tapered off sharply, leaving the token vulnerable to a deeper correction.What to KnowXRP fell under the $2.10 support, signaling heightened downside risk.A sharp rebound from $2.03 saw a 28% surge in volume, but upside faded quickly.Bitcoin’s death cross, ETF outflows, and weak structure continue to drag on altcoins.Institutional traders stepped aside in late-session trading as liquidity collapsed.XRP Breaks Below Critical Support as Traders Exit PositionsXRP pierced the widely watched $2.10 floor during heavy late-session selling Wednesday. The breakdown came as traders reduced exposure ahead of a potential continuation move, mirroring weakness across the broader crypto market.The token spent most of the session trading in a volatile $2.03–$2.15 range, briefly showing resilience despite Bitcoin’s renewed breakdown. But that strength faded as the market turned sharply risk-off.News BackgroundXRP traded within a tight, volatile band amid broader crypto weakness.A rebound from $2.03 was fueled by a 177.9M volume spike, but the rally failed repeatedly at $2.14–$2.15.Market sentiment deteriorated as Bitcoin’s death cross and heavy ETF outflows weighed on risk appetite.Institutional activity dried up in the final hour of trading as XRP cracked below support.Price Action SummaryXRP slipped 1.0% over the past 24 hours, trading from $2.13 to $2.11 while navigating a choppy intraday structure.The most notable move occurred at 21:00 UTC, when a 177.9M (28% above average) volume spike propelled a swift rebound from $2.03. But each rally attempt was capped at $2.14–$2.15, forming a series of lower highs as sellers absorbed buy pressure.The session ended with a decisive breakdown from $2.124 → $2.103, cutting through the $2.10 support on elevated sell volume. Liquidity collapsed afterward, suggesting institutional traders stepped aside ahead of potential volatility.Technical Analysis: XRP Structure Turns BearishSupport & Resistance$2.10 now flips from support to immediate resistance.The market is anchored around the cycle low at $2.03.Failure to reclaim $2.14–$2.15 leaves the near-term ceiling firmly intact.Volume BehaviorThe large rebound volume confirmed strong participation.But lack of follow-through on recovery attempts signaled exhaustion.Final-hour breakdown volume triggered algorithmic momentum selling.Trend StructureXRP now prints lower highs and lower lows, consistent with early-stage continuation patterns that often precede retests of key swing supports. The broader downtrend began after repeated failures above $2.48 earlier this month.Momentum ConditionsShort-term oscillators approach oversold territory, implying potential stabilization if $2.03 holds.But without a $2.15 reclaim, any bounce risks becoming reactive, not structural.What Traders Should Watch NextXRP sits at a critical inflection zone:Key Levels$2.03 must hold to prevent a slide toward $1.91–$1.73.A breakup above $2.15 is needed to neutralize the bearish setup.Liquidity & Institutional FlowsInstitutional liquidity collapsed after the $2.10 breakdown — renewed participation will dictate direction.Watch for derivatives liquidation clusters; XRP saw ~$28M in liquidations in recent sessions.Macro & Market StructureBitcoin’s death cross, weak structure, and ongoing ETF outflows continue to weigh heavily on altcoins.A stronger Bitcoin base may be required for any meaningful XRP recovery.

The First U.S. Spot XRP ETF Could Go Live on Thursday, marking a major development for the digital asset industry as Canary Funds moves closer to launching the nation’s first pure spot XRP exchange-traded fund. The move could significantly reshape institutional access to XRP and broaden the crypto ETF landscape beyond Bitcoin and Ethereum.Canary Funds filed Form 8-A with the U.S. Securities and Exchange Commission (SEC) on Tuesday, signaling that the product has completed its registration requirements and is ready for listing. According to Bloomberg ETF analyst Eric Balchunas, the filing represents the final regulatory step before trading and typically precedes activation within 24 hours.The ETF will become effective once Nasdaq certifies the listing, a decision expected by 5:30 p.m. ET on Wednesday, putting the fund on track for a potential Thursday market debut.A New Milestone for XRP and U.S. Crypto ETFsIf approved, the launch would be the first pure spot XRP ETF available to U.S. investors, offering direct exposure to XRP under the Securities Act of 1933. This structure allows investors to hold an asset-backed product that tracks the market price of XRP without relying on futures or blended-asset strategies.The ETF’s debut comes nearly two years after the highly anticipated arrival of spot Bitcoin ETFs in January 2024 and follows the approval of spot Ether ETFs earlier this year. Crypto analysts believe this marks a new phase in the U.S. ETF market—one where alternative networks beyond the top two assets gain regulatory traction.Institutional Demand Could Drive Strong InflowsA successful launch could draw fresh inflows from registered investment advisers (RIAs) who have avoided direct crypto exposure due to custody, compliance, or risk constraints. A spot ETF structure gives advisers a regulated investment wrapper while avoiding the operational complexities of holding XRP on-chain.Market observers also expect the product to improve liquidity and price discovery, since ETF shares must be backed by actual spot XRP held in custody by a regulated trust.A Cleaner, Fully Backed Alternative to XRPR ETFCanary’s offering contrasts sharply with the recently launched REX-Osprey XRPR ETF, which provides only partial XRP exposure under the Investment Company Act of 1940. XRPR holds a mixed basket of assets rather than maintaining full one-to-one XRP backing.Because of this structure, XRPR faces:Higher tracking varianceLess efficient tax treatmentLimited appeal among institutional allocatorsCanary’s ETF, by comparison, will be 100% XRP-backed, offering a cleaner and more transparent structure for investors seeking pure exposure.Market Reaction and Broader Crypto ImplicationsXRP traded near $2.48 in Asian markets early Wednesday, down roughly 5% amid a broader crypto pullback. Analysts expect that confirmation of Thursday’s launch could catalyze renewed trading activity.Beyond immediate price movements, the ETF’s approval could signal rising regulatory openness toward alternative crypto assets, with Solana ETF applications already under review. If successful, XRP’s debut could pave the way for more diversified blockchain-based investment products.Analysts Watching for ConfirmationBalchunas noted that previous filings—such as Canary’s recent HBAR ETF—went live the day after Form 8-A submission. While not guaranteed, the pattern strongly suggests that the First U.S. Spot XRP ETF Could Go Live on Thursday.Market participants are now watching for Nasdaq’s final certification, the last administrative hurdle before trading begins.

According to BlockBeats, Bitwise, a cryptocurrency asset management company, has revealed details about its forthcoming Bitwise XRP ETF. The ETF will have a management fee of 0.34%, which will be waived until the assets under management reach $500 million. It will be listed on the New York Stock Exchange under the ticker symbol XRP. This ETF marks the 49th cryptocurrency investment product launched by Bitwise in the United States and Europe.

Key TakeawaysXRP price drops 1% today, extending a 7-day decline of 11.2%ETF disappointment persists despite $270M cumulative inflowsHolder profitability falls to 58.5%, raising selling pressure risksETF Inflows Strong but Provide No Boost to XRP ItselfSpot ETF inflows continue but have failed to boost the XRP’s price. Canary’s XRPC ETF added $25.4 million on Nov. 18, while new funds such as Franklin Templeton’s EZRP saw muted market reaction. Despite $270 million AUM, institutional interest appears insufficient to reverse XRP’s multi-week decline.XRP’s 40% drop from its July all-time high of $3.65 reflects a classic “sell-the-news” reaction, suggesting the ETF approval was largely priced in. Sustained inflows into XRPC remain the key metric to monitor, as they may eventually provide a stabilizing force. Profitability CrisisOnly 58.5% of XRP holders remain in profit, its weakest positioning since November 2024. Roughly 26.5 billion XRP purchased near local peaks remains underwater, increasing panic-selling pressure during market dips.Supporting this trend, exchange inflows surged to 1.4 billion XRP this week, according to Glassnode, indicating heightened distribution rather than accumulation. Elevated unprofitable supply historically correlates with accelerated downside unless new catalysts emerge. Technical DowntrendXRP has breached the important $2.20 support, a key Fibonacci 78.6% retracement level. With price action now below all major moving averages:Source: TradingViewThe broader trend signals persistent downward momentum.Momentum indicators reinforce this structure. The RSI at 41.48 offers no oversold relief, while the MACD remains bearish. Market attention is now on $2.10, the July 2025 low. A close below this level could expose $2.00, last defended during the SEC resolution rally, and potentially intensify forced selling. XRP Outlook: What to WatchXRP faces pressure from fading ETF catalysts, deteriorating holder profitability, and a sustained technical breakdown. Although oversold conditions could generate a short-term rebound, the path of least resistance remains downward until ETF flows stabilize or Ripple introduces new utility drivers. The key level to watch is $2.10—a break lower may accelerate liquidations toward $2.00.