XRP News Today: XRP ETF Inflows Clash with Whale Sales in Volatile Price Battle

XRP Faces Volatility Amid Bitcoin Weakness and ETF Launch

Ripple's XRP token (^1) has experienced a turbulent week, trading at $2.23 (+3.04%) despite a 12% drop from its recent peak. The price dislocation has been driven by conflicting forces: a wave of XRP ETF launches and aggressive whale selling. Three major ETFs-Canary Capital's XRPC (Nov 13), Amplify's fund (Nov 18), and Franklin Templeton's EZRP (Nov 18)-generated $245 million in inflows, yet XRP's price collapsed as large holders liquidated over 200 million tokens within 48 hours of the Canary debut according to data. This divergence highlights the tension between institutional demand and short-term market psychology, exacerbated by Bitcoin's 5% slide below $90,000.

The ETF frenzy has outpaced immediate price gains. Canary's XRPC ETF recorded $58 million in first-day volume, outperforming 900 launches this year, while Franklin Templeton's EZRP, part of a $1.5 trillion asset manager's lineup, further signaled institutional confidence. Analysts project up to $7.2 billion in inflows over 12 months if ETFs accumulate XRP at $600 million monthly via OTC channels. However, Fabio Marzella of the XRPL Foundation noted that ETF inflows operate on T+1 settlement cycles, delaying on-chain visibility of buying pressure. This lag has masked the impact of ETF-driven demand, leaving XRP vulnerable to broader crypto market volatility.

Meanwhile, on-chain activity has shown signs of resilience. XRP's burned fees surged 33.9% in 48 hours, rising from 604 to 808.8 tokens, suggesting increased network usage. This metric, often linked to growing adoption, has sparked optimism amid the price decline. Institutional demand, particularly from ETFs like Bitwise's $107 million debut, appears to be driving this activity, even as XRP trades below $2. The XRPL Foundation's Marzella emphasized that ETF inflows will likely take weeks to manifest in on-chain metrics, underscoring the disconnect between structural demand and immediate price action.

Technical indicators paint a mixed picture. XRP fell 4.96% from $2.27 to $2.16, breaking key support levels as volume spiked 54.56% above monthly averages. A bearish pennant formed between $2.155 support and descending resistance at $2.18, signaling potential for further declines. Momentum remains bearish, with price trading below key EMAs and no reversal signs. However, buyers have shown resilience near $2.15–$2.17, suggesting short-term consolidation could precede a retest of $2.18–$2.20 levels.

The broader crypto market's weakness, driven by Bitcoin's volatility and a looming "Death Cross" event, has compounded XRP's struggles. While ETF inflows and on-chain activity hint at long-term potential, analysts warn that market timing-rather than product quality-is currently the limiting factor. If Bitcoin stabilizes and liquidation pressure eases, XRP could retest $2.18–$2.20 levels. For now, the interplay between institutional accumulation and macroeconomic headwinds defines XRP's trajectory.