Overview
- XRP is consolidating near $2.20–$2.25 after multiple defenses of the $2.00–$2.16 support band, with a pennant pattern pointing to a pending decisive move.
- Intraday action turned soft into Nov. 18 UTC, with a low near $2.105 and short‑term risk flagged toward $2.05 if $2.10 gives way.
- Analysts cite $2.34–$2.67 as layered resistance, with a break above roughly $2.62 viewed as flipping market structure bullish once accompanied by stronger volume.
- ETF activity is in focus as Canary Capital’s spot XRP fund debuted Nov. 13 and Franklin Templeton’s EZRP is scheduled for Nov. 18, though eventual inflows remain uncertain.
- Market metrics show sizable liquidity with daily volumes around $4–$5.25 billion and a market cap near $135–$137 billion, while Glassnode data indicates only 65–70% of supply remains in profit.