XRP News Today: XRP ETF's Launch Ignites Institutional Optimism, But Technicals Tell a Different Story

XRP's recent price fluctuations and the debut of the first U.S. spot XRP ETF have ignited a mix of optimism and caution in the cryptocurrency market. On November 13, 2025, Canary Capital's XRPC ETF surged to the top of 2025's ETF launches with $58.6 million in first-day trading volume, outperforming over 900 new funds and signaling strong institutional demand for regulated altcoin exposure. Despite this success, XRP's price fell 5.2% to $2.30, reflecting broader market stress and a lack of immediate price catalysts.

The ETF's launch marked a pivotal moment for XRP, which has been trading near key technical support levels. Over the past 24 hours, XRP's price dropped from $2.52 to $2.32, with liquidation data showing $28 million in forced closures, primarily from long positions. Analysts attribute the decline to macroeconomic uncertainty and weak retail demand, compounded by XRP's position below critical moving averages, including the 50-day EMA at $2.53. Meanwhile, the Supply in Profit metric from Glassnode reveals that only 44 million XRP are currently held at an unrealized profit, a one-year low that suggests widespread losses among holders.

The XRPC ETF's debut, however, has injected renewed interest into XRP's long-term infrastructure. CreditBlockchain highlighted how blockchain verification and computing efficiency could enhance transparency and confidence in XRP's ecosystem. This focus on infrastructure contrasts with previous speculative cycles, as institutional investors increasingly prioritize structured operational frameworks over short-term price swings.

Technical indicators offer a mixed outlook. While the MACD histogram remains positive, suggesting moderating downward momentum, the RSI at 43 indicates lingering bearish pressure. A critical test lies at $2.21, where sustained price action could trigger a rebound toward $2.50. Conversely, a breakdown below $2.21 might expose XRP to further declines, with the next support level at $1.90.

Market sentiment remains divided. On one hand, the ETF's $245 million in inflows underscore growing institutional appetite for regulated XRP exposure. On the other, XRP's 33% drop from its July high of $3.65 highlights persistent volatility. Some analysts argue that ETF approval could catalyze a surge beyond $5, drawing parallels to Bitcoin's 75% gain following its 2024 ETF launch. However, immediate price stability hinges on XRP's ability to hold key support levels and attract sustained buyer interest.

As the market navigates this inflection point, the interplay between institutional adoption and technical resilience will shape XRP's trajectory. With the XRPC ETF setting a new benchmark for altcoin ETFs, the stage is set for a pivotal test of confidence in the XRP Ledger's utility and long-term viability.