XRP News Today: XRP's $1.75 Showdown: Buyers Battle $15M Outflow as ETFs Loom

The XRP price is at a critical juncture as traders weigh technical indicators, market sentiment shifts, and upcoming product launches for potential catalysts. With the token hovering near $1.91, key support levels and emerging patterns are drawing attention from analysts and investors alike. A $1.75 support zone, reinforced by historical accumulation of 1.8 billion XRP, could determine whether the asset stages a reversal rally after a 50% decline from its July peak. Meanwhile, the broader market's volatility has been exacerbated by a $15.5 million exodus from XRP investment products-the largest weekly outflow since last year - and the imminent launch of four spot XRP ETFs in mid-November.

Technical analysis highlights a pivotal moment for XRP. The TD Sequential indicator, a tool used by traders to identify potential trend reversals, has recently flashed a buy signal. Historical data shows that similar signals in the past led to rebounds of 14% and 18%, suggesting the current $1.75 support could trigger a similar response if buyers step in according to analysis. However, the path to recovery is complicated by immediate resistance at $2.350 and a breakdown threshold at $2.150. A close below $2.150 could push the price toward $2.050, deepening the bearish trend.

Market sentiment has also shifted in recent weeks. After initial inflows of $243 million into XRP investment products, the asset has seen a sharp reversal, with $15.5 million exiting these vehicles in the latest week. This outflow reflects growing caution among investors amid broader crypto market declines, which have erased nearly half of XRP's July highs. The November downturn, part of a larger bearish correction, has left the token vulnerable to further losses but has also created accumulation opportunities for long-term buyers according to market analysis.

Upcoming product launches could inject new liquidity into the market. Franklin Templeton, Bitwise, 21Shares, and CoinShares are set to debut spot XRP ETFs starting November 18, a development that could stabilize or even reverse the current downtrend. While the immediate impact remains uncertain, the ETFs represent a structural shift in XRP's institutional adoption. Analysts note that such products often act as floor levels for price action, particularly if they attract sustained inflows according to industry experts.

For now, the $1.75 support zone remains the focal point. Strong accumulation in this area suggests a critical demand level where buyers may defend the price to prevent a further slide. If successful, this could align with broader technical patterns indicating a potential dip-and-rebound scenario. However, failure to hold above $1.75 would likely confirm a deeper bearish phase, testing the $2.050 level and challenging the asset's near-term recovery prospects.