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2h ago

XRP Tests $2.15 Support as U.S. Spot ETFs Roll Out and Flows Build

Traders are watching $2.15 because ETF inflows have not yet offset selling from a top‑heavy holder base.

XRP falls 16% from recent peak as 35% of supply turns unprofitable
XRP faces $2 test: How THESE metrics can spark a price recovery
Xrp price consolidates above $2 in a pennant formation: bottom forming?
Ripple price slips to $2.15 with room for further downside

Overview

  • Franklin Templeton’s spot XRP ETF (EZRP) launched on Nov. 18, joining Canary Capital’s XRPC, with Bitwise, 21Shares and CoinShares funds slated to debut over the next week.
  • Despite new products, XRP slipped from about $2.27 to lows near $2.11 and is oscillating around $2.15, a level analysts say could enable a rebound toward $2.40–$2.70 if held.
  • Glassnode reports that 41.5% of XRP supply—roughly 26.5 billion tokens—is now underwater, signaling a top‑heavy and fragile market structure.
  • CoinDesk tracks combined first‑week ETF flows above $245 million, yet Coinglass shows a $50.6 million net outflow on Nov. 18 as large holders continue distributing.
  • Technical gauges lean bearish after a recent death cross, with MACD and RSI soft and volume surging on selloffs; a break below $2.12–$2.10 raises risk toward $2.05–$1.88, with some analysts flagging $1.65 as a lower target.