As the shortened Black Friday session on Wall Street wraps up, XRP is trading almost flat on the day, hovering around $2.18–$2.20 across major exchanges. That leaves the fourth‑largest cryptocurrency slightly lower on the session, modestly higher on the week, and still well below its July all‑time high — even as spot XRP ETFs race toward the $1 billion milestone in assets. Kraken
At the same time, the broader crypto market is digesting a choppy November in which Bitcoin is down roughly 20% for the month and macro traders are increasingly betting on a Federal Reserve rate cut in December, creating a mixed backdrop for risk assets heading into year‑end. TradingView
XRP price today: key levels after the Black Friday close
As of late US trading on Friday, November 28, 2025 (Black Friday):
- Spot price: around $2.18 per XRP, with most major venues showing prints between $2.18 and $2.20. Kraken
- Intraday range: roughly $2.17–$2.27, reflecting another day of tight consolidation. Investing
- 24‑hour move: down about 1%–1.5%, depending on the data provider. Investing
- 7‑day performance: XRP has climbed from about $1.95 a week ago to around $2.18 today — a gain of roughly 12%. CoinGecko
- Year‑on‑year: the token is trading about 50% higher than a year ago, when it sat near $1.47. YCharts
- Market cap: approximately $130–132 billion, based on a circulating supply near 60.3 billion XRP. Kraken
- Volume: XRP has seen on the order of $3–4 billion in 24‑hour trading volume today, underscoring active but not euphoric conditions. Investing
Despite a relatively quiet day in price terms, the story around XRP is anything but quiet: ETF inflows, new smart‑contract capabilities and fresh regulatory milestones are all colliding with increasingly complex technical signals on the chart.
Black Friday backdrop: risk markets steady in a shortened US session
Black Friday is traditionally a lighter day for Wall Street, and today’s US equity session closed early at 1 p.m. Eastern Time, with bond markets shutting at 2 p.m. Eastern. MarketWatch
Major US indices spent the day grinding higher, extending what has been a strong year for stocks. 24/7 Wall St. Crypto, which trades 24/7, moved more cautiously:
- The total crypto market cap slipped about 0.4% this morning, even as Bitcoin held near $91,000 and Ethereum consolidated just above $3,000. Cryptonews
- Market sentiment has moved out of “extreme fear” into a still‑cautious “fear” zone as traders price in an ~85–87% chance of a quarter‑point Fed rate cut in December, according to derivatives markets and CME FedWatch data. Cryptonews
Interestingly, XRP has been one of the more resilient large‑cap coins in this environment. Crypto market coverage earlier in the day highlighted XRP as one of only two top‑10 assets in the green, briefly trading near $2.21 while most majors were fractionally lower. Cryptonews
ETF inflows are booming – but XRP price is stuck near $2.20
The biggest structural story around XRP right now is the explosion of interest in spot XRP exchange‑traded funds (ETFs):
- A recent analysis notes that spot XRP ETFs have attracted about $644 million in net inflows this month, even as Bitcoin and Ethereum products have seen multi‑billion‑dollar outflows. DL News
- Another report puts total XRP ETF assets under management at $801.7 million as of today, with about 339 million XRP – roughly 0.339% of circulating supply – now locked inside ETF vehicles. Somos Hermanos
- AInvest estimates that spot XRP ETFs have pulled in over $628 million in assets since launch, including a record $164 million in a single day earlier this week. AInvest
- The ETF roster is expanding: Franklin Templeton (XRPZ), Grayscale (GXRP), Bitwise and Canary Capitalhave all launched US‑listed spot products, and 21Shares’ TOXR spot XRP ETF is slated to debut on November 29 on Cboe BZX. CoinCentral
Analysts see these flows as a structural positive:
- DL News reports that XRP ETF inflows are now outpacing their Bitcoin and Ethereum counterparts, with one crypto platform CEO arguing this could support a 65% move back toward the July all‑time high over time. DL News
- AInvest’s breakdown emphasises that ETFs act as “pipes connecting TradFi to crypto”, but warns that macro headwinds and stiff technical resistance are still capping price below key levels like $2.22, $2.60 and $3.00. AInvest
For now, ETF demand is clearly absorbing supply — but it hasn’t yet been enough to push XRP out of its multi‑week range.
Technical picture: narrow range, ‘death cross’ worries and bullish divergences
From a charting standpoint, today’s action fits neatly into a pattern that has dominated XRP since mid‑November: a tight sideways range centred around $2.20.
Gridlock between $2.15 and $2.25
A Black Friday update from 99Bitcoins notes that since November 25, XRP has mostly chopped between roughly $2.15 and $2.25, with multiple failed attempts to break higher. 99Bitcoins CryptoRank similarly highlights stabilisation around $2.23 following a rebound from lows near $1.82, describing a “tightening structure” that often precedes a decisive breakout. CryptoRank
Coindesk: ‘death cross’ and downside risk toward $1.50
On the bearish side, a Coindesk technical report published overnight points to a daily “death cross” — where a shorter‑term moving average crosses below a longer‑term one — that has pushed XRP back under $2.20 and left it sitting on a “decision zone” around $2.17–$2.18. CoinDesk
Key takeaways from that analysis:
- XRP needs to reclaim $2.20 and break $2.23–$2.24 with conviction to regain upward momentum.
- Losing the $2.17–$2.18 shelf could open the door to a deeper pullback toward $2.08 and even the $1.90 area.
- The death cross historically correlates with elevated downside risk until price can trade back above the 50‑day moving average. CoinDesk
Interestingly, Coindesk also notes that Binance’s XRP reserves have fallen to about 2.7 billion tokens, a one‑year low, suggesting that long‑term holders and institutional desks are accumulating into weakness even as short‑term traders focus on the bearish signal. CoinDesk
BraveNewCoin: bullish RSI divergence and a potential push beyond $2.60
Other analysts see the same chart very differently. Brave New Coin flags a bullish divergence on the daily Relative Strength Index (RSI) — the same pattern that appeared at XRP’s 2022 market bottom — and points to $2.60 as a critical resistance level that, if broken with strong volume, could open a path toward $4. Brave New Coin
In their latest XRP “price today” piece, BNC notes that:
- XRP was trading around $2.22 on November 27, with volume above $3 billion. Brave New Coin
- Higher‑timeframe wave structures suggest a potential “fifth‑wave” advance, often associated with a final push higher before a broader cooling‑off phase.
Taken together, today’s close near $2.18 leaves XRP right in the middle of a tug‑of‑war between:
- Bears, who see the death cross and repeated rejections near $2.23–$2.24 as a warning; and
- Bulls, who point to ETF inflows, falling exchange balances and bullish momentum divergences as evidence that the consolidation could resolve higher.
New fundamentals: smart contracts, RLUSD and post‑lawsuit regulatory clarity
Under the hood, the XRP ecosystem is quietly undergoing some of the biggest structural changes in its history — many of which became more concrete in November.
XRPL smart contracts go live on AlphaNet
A new deep‑dive from 24/7 Wall St. highlights that smart contracts on the XRP Ledger (XRPL) went live on AlphaNet on November 7, giving developers native DeFi capabilities on‑chain for the first time. 24/7 Wall St.
Key points from that piece:
- Historically, XRPL excelled at fast, low‑cost payments but could not host complex applications directly, limiting XRP’s role largely to brief settlement hops rather than long‑term collateral.
- With AlphaNet smart contracts, developers can now build lending pools, automated market makers and other DeFi protocols that lock XRP into contracts instead of just passing it through for seconds at a time. 24/7 Wall St.
- The article outlines scenarios where, if DeFi on XRPL gains traction, XRP could see sustained demand from on‑chain activity, not just from payment corridors and ETFs. 24/7 Wall St.
RLUSD stablecoin gets regulatory green light in Abu Dhabi
Separately, Ripple’s US‑dollar‑backed stablecoin RLUSD scored a major regulatory win today: the Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA) has classified it as an “Accepted Fiat‑Referenced Token”, allowing regulated institutions in the ADGM to use RLUSD for payments, custody, lending and settlement. Crypto Valley Journal
According to Crypto Valley Journal’s report:
- RLUSD must maintain full US‑dollar reserves, independent audits and a transparent issuance/redemption model, aligning it with traditional finance standards. Crypto Valley Journal
- The approval positions RLUSD as an institutional‑grade alternative to consumer‑focused stablecoins and strengthens Ripple’s role in Middle Eastern cross‑border payment infrastructure. Crypto Valley Journal
While RLUSD is distinct from XRP, the two are part of the same broader strategy: tokenised dollars plus a high‑throughput settlement asset on a regulated network. If that strategy sticks, it could deepen the narrative that underpins XRP’s long‑term investment case.
Ripple vs SEC: lawsuit over, clarity in place
Background also matters. The long‑running Ripple vs. SEC lawsuit formally ended in August 2025, when both sides withdrew their remaining appeals, bringing nearly five years of legal uncertainty to a close. Capital
Analyses of the ruling stress that:
- Courts effectively confirmed that XRP itself is not a security when traded on secondary markets, removing a key overhang for US exchanges and institutions. Capital
- That clarity paved the way for the wave of spot XRP ETF filings and approvals now driving today’s flows. MEXC
In short, the fundamental picture around XRP is far stronger than it was a year ago, even if the price has not yet fully reflected those changes.
Analysts are wildly split on what comes next
With fundamentals improving but charts still choppy, it’s no surprise that forecasts for XRP diverge sharply.
Moderately bullish: AI and traditional research
A new Finbold analysis used a multi‑model AI “prediction agent” — combining forecasts from several large language models — to estimate an average end‑of‑2025 XRP target of $2.43, about 9–10% above the current price near $2.22–$2.20. Finbold
However, the study also showed big internal disagreement:
- One model projected a move to $2.85,
- another saw only modest upside toward $2.30,
- and a third was slightly bearish, pointing back toward $2.15. Finbold
Other institutional‑style pieces frame XRP as a volatile but potentially attractive “strategic accumulation” asset, arguing that a combination of ETF inflows, regulatory clarity and on‑chain upgrades could support a long‑term path to significantly higher prices, while acknowledging the speculative nature of any “$100 XRP” narratives. AInvest
Aggressively bullish: 200%–260%+ moonshots
Retail‑focused commentary is considerably more optimistic:
- A CryptoBasic article published today cites finance commentator Zach Rector, who argues that a 200% rally from current levels is “extremely conservative”, pointing to Bitcoin’s own post‑ETF surge and modelling scenarios where XRP could move into the $6–$7 range over time. The Crypto Basic
- On InvestX, long‑time analyst “The Bearable Bull” goes further, suggesting XRP — currently trading near $2.20 — could reach $8, a 263% increase, if an extended consolidation breaks into a full‑blown altcoin cycle. That article also mentions a more modest 41% short‑term upside toward the psychological $3 level, assuming key resistance breaks. InvestX
Some of these commentaries talk about eventual $10–$20 scenarios based on ETF inflows and institutional adoption, but others push back, noting that targets like $100 would imply a market cap above $6 trillion, far beyond the entire crypto market today. InvestX
Bearish scenarios still on the table
On the other side, Coindesk’s death‑cross analysis explicitly warns that a failure to hold $2.17–$2.18 could pull XRP toward $2.08 and potentially $1.90, with some historical pattern work pointing to risk as low as the $1.50 area if selling accelerates. CoinDesk
And even more balanced pieces emphasise that ETF flows alone cannot override macro headwinds, such as:
- Ongoing volatility across the crypto complex, where Bitcoin is still roughly 20% off recent highs, TradingView
- Softening stablecoin market caps, and
- Fragility in publicly traded “crypto hoarding” companies when risk appetite fades. Reuters
The outcome, for now, is radical dispersion in forecasts — a hallmark of markets in transition.
What today’s XRP action means for traders and long‑term holders
With XRP closing Black Friday near $2.18, here’s how many market participants are framing the setup:
Short‑term traders are watching three zones
- Support:
- Immediate support sits around $2.17–$2.18; losing it puts $2.08 and $1.90 on the radar. CoinDesk
- First resistance:
- The $2.23–$2.24 band has repeatedly rejected price; clearing it with strong volume would be the first sign that the “gridlock” is breaking. CoinDesk
- Major resistance:
- The $2.60 area is widely watched as the next big hurdle. Several technicians argue that a decisive break there could open a path toward $3–$4, though that remains speculative. Brave New Coin
Longer‑term investors are focused on structure, not single days
For longer‑horizon participants, today’s modest dip doesn’t change the bigger picture:
- Regulatory overhang from the SEC lawsuit is gone, making US participation easier. Capital
- ETF infrastructure is scaling quickly, with flows and AUM that are already large relative to XRP’s free float. AInvest
- On‑chain utility is expanding via XRPL smart contracts and RLUSD, potentially increasing the proportion of XRP that ends up locked in DeFi or institutional payment rails rather than sitting idle on exchanges. 24/7 Wall St.
If those structural trends continue, today’s close near $2.18 may ultimately look like just another datapoint in a much longer story — bullish or bearish, depending on how those drivers evolve.
Bottom line
After the bell on Black Friday, November 28, 2025, XRP is:
- Trading around $2.18,
- Range‑bound between roughly $2.15 and $2.25, and
- Caught between powerful ETF‑driven structural tailwinds and conflicting technical signals on the chart. 99Bitcoins
Whether the next big move is up through $2.60 or down toward $2.00 and below will likely depend on a combination of:
- How ETF inflows progress into December,
- Whether XRPL’s new smart‑contract and stablecoin ecosystem attracts real usage, and
- How macro conditions — especially the expected Fed rate cut — ripple through risk assets. Crypto Valley Journal
A quick reminder
This article is for information and news purposes only. Crypto assets are highly volatile and speculative. Nothing here is financial, investment, tax or legal advice. Always do your own research and consider speaking with a licensed financial professional before investing.
