XRP News Today: XRP ETFs Can't Stem Selling Storm; $1.55 Correction Looms

XRP, the digital asset issued by Ripple, faces mounting pressure as on-chain data and market dynamics suggest a potential 25% correction to $1.55. Despite the debut of the first U.S. spot XRP ETFs in November 2025, including Canary Capital's XRPC and Franklin Templeton's EZRP, the token has struggled to stabilize, trading at $2.22 as of November 16-a 4.3% drop from its recent peak. Analysts point to a confluence of factors, including weak institutional demand, profit-taking by long-term holders, and a fragile on-chain structure, as key risks for further downside.

Recent price action has been volatile, with XRP hitting a 24-hour low of $2.22 after a surge in selling pressure at critical support levels. According to derivatives data, $28 million in liquidations, predominantly from long positions, occurred. While the launch of XRPC generated $58.6 million in first-day trading volume-far exceeding expectations-broader market conditions have muted its impact. Crypto markets remain trapped in a medium-term downtrend, with the Relative Strength Index for XRP hovering near oversold territory at 38, signaling continued bearish momentum.

A key concern for XRP is the growing proportion of its circulating supply held at a loss. Glassnode reported that 41.5% of XRP-approximately 26.5 billion tokens-is now underwater, the lowest profitability level since November 2024. This figure has deteriorated sharply from October, when roughly 85-90% of holders were in profit. The imbalance reflects concentrated buying during late-2024 and early-2025 rallies, leaving late entrants vulnerable as prices retrace. Market analysts warn that further declines could trigger a wave of stop-loss orders, exacerbating downward pressure.

Whale activity has added to the uncertainty. A "tsunami" of large transactions totaling over $645 million moved XRP between exchanges and private wallets in early November, according to XRP Update, a prominent crypto tracker. These movements, including transfers to Binance and Coinbase, suggest major holders are repositioning ahead of potential market shifts tied to ETF demand. While such activity often precedes bullish catalysts, the timing-immediately following the XRPC launch-has fueled speculation about profit-taking or hedging against regulatory risks.

Institutional interest remains mixed. BlackRock's tokenized Treasury product, BUIDL, has redefined expectations for yield-bearing digital assets, indirectly elevating the bar for projects like XRP Tundra, which offers staking rewards up to 20% APY. However, Bitcoin's lack of native yield and XRP's regulatory uncertainties have left the token trailing behind assets with clearer compliance frameworks. Meanwhile, XRP ETF inflows, while positive, have yet to offset broader risk-off sentiment.

Technical indicators paint a bearish picture. XRP trades below all major moving averages, including the 200-day at $2.63, and faces a critical support cluster at $2.07–$2.10. According to analysts, a breakdown below this level could accelerate losses toward $1.90, a key psychological threshold last tested in June. Retail selling has intensified, with wallets holding fewer than 100 XRP offloading 1.38% of their balances since early November-a potential precursor to a rebound or further capitulation.

Despite the near-term challenges, Ripple's ecosystem developments-including a $500 million fundraising and strategic acquisitions-remain viewed as long-term positives. However, with 3.4 billion XRP (5.6% of the circulating supply) issued by Ripple over the past year and profit-taking volumes surging 240% since September, the immediate focus remains on stabilizing price action.

If XRP fails to reclaim $2.70 resistance, a retest of $1.55 becomes increasingly likely, according to traders. The token's path higher will depend on ETF-driven demand, macroeconomic clarity, and whether institutional buyers step in to absorb the growing supply of underwater tokens.