XRP News Today: XRP Declines as ETF Investments Unable to Halt Downward Momentum

Ripple's

continued to slide below the $2.00 mark on Friday, settling at $1.87 as increased volatility and global economic concerns weighed on the entire crypto sector. Even with the debut of the on the New York Stock Exchange—which —the token was unable to break its downward momentum. Together with Canary Capital’s , the two ETFs attracted a combined $118 million in net inflows. However, , a sharp decline from $10.94 billion in July. This waning retail interest has left XRP exposed to further declines, as traders increasingly shift to long-term positions amid weakening derivatives markets .

The overall negative outlook intensified after a significant sell-off hit the crypto market in early November, following Bitcoin’s dip to $84,000. XRP followed suit,

. While Ripple CEO Brad Garlinghouse celebrated the Bitwise ETF launch as a major achievement, experts remain doubtful about its short-term effects. “The inflows are notable, but they haven’t yet impacted the price,” one analyst commented. The ETF’s 0.34% management fee—waived for the first $500 million—aims to draw institutional capital, but .

Blockchain data highlights the precarious state of XRP’s price. The “supply in profit” indicator, which measures the number of XRP tokens held at a gain,

—the lowest since November 2024. At the same time, large holders have accelerated the sell-off, with reports showing that whales sold off 200 million XRP within two days of the ETF launch . This selling pressure has pushed XRP further below key technical thresholds, including the 50-day, 100-day, and 200-day exponential moving averages, .

Institutional withdrawals have further intensified the downward trend.

last week, attributed to uncertainty in monetary policy and a pivot toward multi-asset ETFs. The derivatives sector, a key indicator of retail participation, —well below the highs seen in July. Experts caution that unless open interest rises significantly, a short-term rebound for XRP is unlikely .

Technical signals are also discouraging. The Relative Strength Index (RSI) is at 43, indicating sellers are in control, and the Moving Average Convergence Divergence (MACD) has turned negative,

. Some market participants foresee a possible 50% drop to $1.25, . “If the $2.00 support fails, the next level to watch is $1.61, with $1.25 as the most bearish scenario,” one analyst explained.

Looking forward, the SEC’s approval of the Bitwise 10 Crypto Index ETF on November 20—

. The fund, which assigns 4.97% to XRP, signals a rising institutional appetite for diversified crypto portfolios. Still, analysts warn that any substantial price movement may not occur until 2026, as ETF inflows gradually increase. For now, XRP faces a challenging road ahead, balancing regulatory developments with ongoing market pressures.