XRP (Ripple) is trading around $1.88 on Friday, December 19, 2025, after a volatile session that briefly pushed the token down to the mid-$1.70s before buyers stepped back in. At roughly 1:17 p.m. ET (18:17 UTC), XRP was hovering near that $1.88 area, with the day’s action highlighting a familiar tug-of-war: institutional access and ETF demand on one side, and macro-driven “risk-on/risk-off” pressure on the other. [1]
XRP price today: the key numbers traders are watching
Here’s where XRP stood around the early afternoon U.S. session:
- Price: about $1.88 [2]
- Intraday range: roughly $1.77 to $1.90 [3]
- 24-hour volume: about $4.5B (varies by data vendor and exchange mix) [4]
- Market cap: about $113.6B, keeping XRP among the largest crypto assets [5]
That range matters because it frames the day’s story: XRP tested downside levels that some analysts have labeled “make-or-break” support, then snapped back toward the high end of the day’s band—without yet clearing the psychological $2.00 level that many technical traders treat as the next major hurdle. [6]
Why XRP moved today: macro headlines are still steering crypto
Even on days when XRP-specific headlines hit the tape, broad macro forces continue to move the whole complex—especially when Bitcoin turns volatile.
U.S. inflation data: softer headline, but questions about data quality
The latest U.S. CPI report showed inflation at 2.7% year-over-year for November, with core inflation (excluding food and energy) at 2.6%. [7]
However, multiple reports also flagged that the CPI data series has been affected by collection disruptions tied to the recent government shutdown, injecting uncertainty into how traders interpret “softer inflation” signals. [8]
Fed messaging: no rush to cut again
Adding to the cautious tone, New York Fed President John Williams said there is no urgent need for another rate cut, emphasizing the importance of more data—especially given distortions in recent readings. [9]
For crypto, that combination can translate into choppy price action: risk assets often like falling inflation, but they like clarity even more.
Global rates: Bank of Japan delivers another tightening move
Overnight into Friday, the Bank of Japan raised its short-term policy rate to 0.75%, the highest in roughly 30 years, reinforcing the theme that global rates aren’t universally heading lower in a straight line. [10]
For XRP (and many higher-beta altcoins), this matters because tighter global financial conditions can amplify de-risking—especially when leveraged positioning is involved.
The biggest XRP-specific driver today: spot XRP ETF inflows
While macro conditions set the tone, XRP bulls have been pointing to one key counterweight: steady inflows into U.S.-listed spot XRP ETFs.
A widely circulated set of figures tied to SoSoValue-tracked flows shows that on December 18 (ET), U.S. spot XRP ETFs recorded roughly $30M in net inflows, described as the strongest day since early December. [11]
FXStreet’s breakdown highlighted notable single-day contributions across products including:
- Grayscale’s GXRP (about $10M in inflows),
- 21Shares’ TOXR (around $10M), and
- Franklin Templeton’s ZXRP (near $7M). [12]
In the same reporting, cumulative net inflows were cited around $1.06B, with net assets around $1.14B, underscoring how quickly the ETF channel has become a reference point for XRP sentiment—even as spot prices remain volatile. [13]
Why “new access rails” matter in 2025’s XRP market
Two additional developments have helped keep XRP on institutional radars this month:
- 21Shares launched its XRP ETF (TOXR) on CBOE, giving investors another exchange-listed route for exposure (with disclosures about volatility and risk). [14]
- CME Group launched Spot-Quoted XRP futures (alongside SOL), expanding derivatives access in a format designed to be quoted in spot-market terms. [15]
In plain English: even if short-term price action is messy, the market structure around XRP is still evolving—more ETFs, more futures formats, and (in theory) more ways for different types of money to participate.
Exchange flows and “supply on exchanges”: why traders keep watching Binance reserves
Another theme showing up in today’s analysis is declining exchange balances, particularly on Binance—often interpreted as a sign that some holders are moving coins off exchanges (potentially to cold storage), which can reduce immediate sell pressure.
One analysis noted XRP trading near $1.8885 after dipping toward $1.7758, while pointing to third-party data suggesting exchange supply has been falling and that this could align with a near-term rebound setup. [16]
This is not a guarantee of upside—exchange flows can be noisy—but it remains a popular lens for crypto traders trying to gauge whether dips are being accumulated or distributed.
What Ripple’s CEO said amid today’s volatility
With XRP’s price swinging and social media again debating “manipulation,” Ripple CEO Brad Garlinghouse pushed back on the idea that any single actor can control XRP’s price, citing the asset’s liquidity and broader market correlation as key reasons. [17]
That argument—“XRP moves with the market”—has been echoed across many cycles, and it aligns with what traders saw today: XRP’s dip and bounce played out against a backdrop of macro headlines and broader crypto volatility.
XRP technical analysis today: $2.00 is the line in the sand, but supports matter more right now
Across today’s technical commentary, two levels dominated:
1) Support zone: around $1.80–$1.83
Several analysts described buyer interest stepping in around the $1.80 area after the drop to roughly $1.77. [18]
A separate technical read argued that the market is now treating $2.00 as broken support, with the focus shifting to retracement levels and a “base zone” in the upper $1.80s. [19]
2) Resistance: $2.00 and the “prove it” move
From a sentiment standpoint, $2.00 has become the simplest headline level: reclaiming it could improve the short-term narrative, while repeated failures may keep rallies capped. [20]
One caution flag: retail derivatives participation
Even with ETF inflows, one report noted futures open interest trending lower (cited around $3.21B in that analysis), suggesting some retail/leverage demand may be cooling—potentially limiting how far a rebound can run without fresh catalysts. [21]
Forecasts for XRP: what analysts are projecting next
Forecasts vary widely, but the common thread in today’s XRP outlook pieces is that the next move hinges on whether macro conditions calm down—and whether ETF inflows remain resilient.
Here are three scenario-based paths that reflect the day’s mainstream analysis:
Bull case: ETF inflows + improving risk sentiment push XRP back above $2.00
If inflows stay strong and global risk sentiment stabilizes, analysts argue XRP has room to reclaim $2.00 and attempt a short-term trend repair. [22]
Base case: choppy consolidation between high-$1.70s and $2.00
Under this view, macro uncertainty and rotation toward Bitcoin keep XRP range-bound, with rallies facing friction near $2.00 and dips attracting tactical buyers in the $1.80 neighborhood. [23]
Bear case: the $2.00 “broken floor” thesis pulls price toward deeper retracements
A more cautious technical framework warns that once a major level flips from support to resistance, the market can seek lower retracement zones—especially if risk-off pressure returns. [24]
The bigger picture: regulatory clarity improved, but macro still rules the tape
Two background developments continue to shape how investors think about XRP heading into 2026:
- Ripple’s long-running SEC case ended earlier in 2025 with a $125 million penalty and the conclusion of appeals, leaving a framework that distinguishes between certain institutional sales and secondary market trading. [25]
- The OCC granted preliminary approval for Ripple and other crypto firms to establish national trust banks, another sign of deeper integration with traditional finance—though final approvals and operating details still matter. [26]
This matters because, all else equal, clearer rules can reduce long-term uncertainty. But in the short run, XRP is still reacting to the same forces hitting the rest of crypto: rates, liquidity, and risk appetite.
What to watch next for XRP holders
If you’re tracking “XRP price today” beyond this 1:17 update, the next 24–72 hours likely hinge on:
- Daily spot XRP ETF flow data (whether inflow streaks continue) [27]
- Bitcoin volatility and altcoin rotation signals [28]
- Follow-through after the BoJ move and broader global yield shifts [29]
- The next major U.S. inflation waypoint: BLS has scheduled the December 2025 CPI release for January 13, 2026 [30]
Bottom line: XRP’s price action on December 19 shows a market trying to rebound with help from ETF demand and expanding institutional access, but still vulnerable to macro shocks and the gravitational pull of the $2.00 level. [31]
References
1. coinmarketcap.com, 2. coinmarketcap.com, 3. crypto.news, 4. coinmarketcap.com, 5. coinmarketcap.com, 6. www.fxstreet.com, 7. www.bls.gov, 8. www.reuters.com, 9. www.reuters.com, 10. www.reuters.com, 11. www.fxstreet.com, 12. www.fxstreet.com, 13. www.fxstreet.com, 14. www.nasdaq.com, 15. www.cmegroup.com, 16. crypto.news, 17. www.tipranks.com, 18. www.fxstreet.com, 19. www.investing.com, 20. www.fxstreet.com, 21. www.fxstreet.com, 22. www.fxstreet.com, 23. www.investing.com, 24. www.investing.com, 25. www.reuters.com, 26. www.reuters.com, 27. www.fxstreet.com, 28. www.investing.com, 29. www.reuters.com, 30. www.bls.gov, 31. www.fxstreet.com


