XRP Price Today, November 17, 2025: XRP Holds Around $2.27 as ETF Inflows and Whale Activity Battle Market Panic

As crypto markets reel from a sharp risk-off move, XRP is managing to hold key support levels while traders digest a wave of ETF headlines, whale activity spikes, and fresh on-chain data.

As of Monday, 17 November 2025, XRP is trading around $2.27, almost flat on the day, with a 24‑hour move of roughly +0.04%. The token has traded in a daily range between about $2.16 and $2.28, giving it a market capitalization near $136.7 billion and keeping it ranked #4 among cryptocurrencies by market cap. ^[1]

At the same time, XRP is still down roughly 8–9% over the past week and about 40% below its 2025 high near $3.66, underscoring how brutal this month’s crypto correction has been despite a record-breaking launch for the first U.S. spot XRP exchange‑traded fund (ETF). ^[2]

Below is a breakdown of how XRP is trading today, what’s moving the price on November 17, and what analysts and on-chain data are signaling next.

XRP price today: key data for 17 November 2025

According to live market data from CoinMarketCap and other major aggregators, XRP’s key stats today are: ^[3]

Price: ~$2.27
24h change: ~+0.0% (essentially flat)
24h low / high: ~$2.16 – $2.28
24h volume: ≈ $4.4 billion
Market cap: ≈ $136.7 billion
Circulating supply: ~60.2 billion XRP (out of a max supply of 100 billion)

Technically, that means XRP is stabilizing after a multi‑week slide: Bankless Times notes that the token has plunged from a year‑to‑date high of $3.66 in July to around $2.20–$2.30, a drawdown of just over 40% from the peak. ^[4]

The story of the day isn’t a big intraday move — it’s the tug‑of‑war between:

ETF inflows and long‑term bullish narratives, and
Macro fear, a market‑wide sell‑off, and lingering technical damage on XRP’s chart.

Why didn’t XRP moon after the ETF? Inside today’s ETF debate

One of the loudest conversations in the XRP community today centers on a simple question:
If the Canary Capital XRP ETF (ticker: XRPC) had such a strong debut, why is XRP still trading near $2.20 instead of exploding higher?

Two major articles published on 17 November 2025 tackle that question head‑on:

1. XRPL Foundation director: ETF flows don’t hit spot XRP instantly

In an analysis for The Crypto Basic, Fabio Marzella, a founding board director of the XRPL Foundation, explains why XRP’s price failed to rally immediately after the launch of Canary Capital’s ETF: ^[5]

The ETF trades on stock markets, not on crypto exchanges.
Because of T+1 settlement, ETF issuers only receive cash the next business day.
Only after settlement can the issuer start buying spot XRP to back the fund.
Large funds often source coins over‑the‑counter (OTC) instead of on public exchanges, meaning much of the buying never shows up as visible order‑book demand.

Marzella points out that Canary’s ETF had one of the strongest ETF debuts of 2025, pulling in around $245 million in net inflows on day one and seeing tens of millions of dollars in trading volume — yet spot XRP fell from about $2.52 to near $2.28, and eventually to lows around $2.16 before stabilizing back around $2.25–$2.27. ^[6]

His core message: ETF launches typically don’t pump the price on day one. The impact tends to lag because:

Flows are settled after T+1,
Issuers often buy via OTC desks, and
ETF inflows may still be small relative to overall market selling pressure.

2. Times Tabloid: ETF mechanics plus a bearish market = muted impact

A parallel explainer from Times Tabloid spins the same arguments for a mainstream audience. The piece stresses that many traders expected an immediate XRP surge on ETF day, but ETF orders don’t instantly turn into XRP buys, again due to stock‑market settlement cycles and the way issuers gradually accumulate the underlying asset. ^[7]

That article also highlights the timing problem: the ETF launch landed during a broad crypto downturn, with Bitcoin and other major altcoins already sliding. In that environment, the extra demand from a newborn ETF simply isn’t large enough to overwhelm:

Macro‑driven selling,
Profit‑taking after XRP’s big run earlier in 2025, and
Heavy supply from large holders.

In short, today’s XRP price reflects a collision between positive structural news (ETF, RLUSD stablecoin, institutional interest) and a brutal short‑term macro environment.

Whales, hodlers and derivatives: what on‑chain data says about XRP today

On November 17, several new reports dissected whale flows and holder behavior, painting a more nuanced picture than the headline price might suggest.

Whale transfers spike to a four‑month high

Indonesia‑based exchange Pintu reports that XRP has just recorded 716 whale transactions over $1 million each — the highest count in four months. ^[8]

Key points from Pintu’s analysis:

HODL Waves data shows rising balances in 1‑week–1‑month and 1–3‑month cohorts, suggesting fresh capital is rotating into XRP rather than long‑term holders dumping. ^[9]
Despite that, the derivatives market remains calm: open interest is roughly $1.3B, and funding rates are only slightly positive, signaling neither aggressive leveraged longs nor capitulating shorts. ^[10]
On the daily chart, all major EMAs (20/50/100/200) sit above price near $2.24–$2.36, reinforcing the idea that XRP is still working through a short‑term downtrend. ^[11]

Whale activity, then, is not clearly bullish or bearish on its own — it shows big players are active, but the market hasn’t decided whether this is smart‑money accumulation or distribution.

Hodler selling drops 78% — selling pressure is easing

A separate deep‑dive from The Coin Republic focuses on long‑term holders (“hodlers”). According to Glassnode data cited there, weekly selling by long‑term XRP holders has dropped from more than 282 million XRP at the start of the month to about 63 million XRP mid‑month — a 78% reduction in weekly selling pressure. ^[12]

Their takeaways:

The top 1% of wallets still hold the lion’s share of supply, but are only releasing small amounts, a stark contrast to past heavy‑selling phases.
With hodlers slowing down, the “fast part” of the dump may be behind us, even if the market hasn’t turned decisively bullish yet.
If price can reclaim $2.31, the article argues XRP could bounce toward $2.38, with a more convincing bullish structure only above $2.58. A drop below $2.10 would reopen downside toward $1.87. ^[13]

In other words, today’s price around $2.27 sits right in the middle of this decision zone.

Technical picture: death crosses, channels and bull flags

Technical analysts have had plenty to chew on today — and they don’t all agree on what comes next.

Bankless Times: death cross and risk of a deeper slide

Bankless Times notes that XRP’s daily chart has formed a classic “death cross”, where the 50‑day EMA crosses below the 200‑day EMA, a pattern that traditionally signals bearish momentum. ^[14]

Their technical summary:

XRP has fallen over 40% from its 2025 high of $3.66 to around $2.20–$2.30. ^[15]
Price is trading between the 38.2% and 50% Fibonacci retracement levels of the big 2025 rally.
Both RSI and MACD are below neutral, suggesting sellers still have the upper hand.
A decisive break below the psychological $2.00 level could open the door toward $1.76, while bulls need a move back above ~$2.50 and the key moving averages to restore a more constructive structure. ^[16]

Times Tabloid: death cross as a bottom, not a top?

Interestingly, another November 17 article from Times Tabloid offers the opposite spin on the same pattern. Analyst Ledger Man (@strivex_) points out that previous death crosses on XRP’s daily chart in 2017 and 2020 actually marked major bottoms, not tops: ^[17]

In 2017, XRP rose from roughly $0.006 to $3.36 after a death cross — a staggering ~55,900% gain.
In 2020, a similar signal preceded a climb from about $0.115 to $1.96, or roughly 1,600%. ^[18]

He argues that the current incoming death cross at prices near $2.18–$2.30 could again mark a cycle low, with theoretical upside targets far beyond current market expectations if history rhymes. ^[19]

Of course, these projections are extrapolations from historical percentage moves and don’t account for a much larger market cap and different macro backdrop, but they help explain why some traders view today’s bearish chart as a contrarian opportunity.

CryptoPotato and Pintu: ascending channel and bull‑flag structure

Another November 17 analysis from CryptoPotato notes that XRP is still trading inside an ascending channel, having recently bounced from the lower trendline near $2.00. ^[20]

Highlights from that piece:

XRP is down over 8% on the week, but the latest daily candle shows a long lower wick near support, suggesting buyers defended that zone. ^[21]
On the higher timeframe, analysts see a bull flag pattern above the 2021 highs around $2, with ambitious longer‑term targets between $6–$9, and even a theoretical breakout projection toward $20 if the flag resolves upward. ^[22]
Short‑term, resistance now sits near $2.25–$2.41, with the next support around $2.08. ^[23]

Pintu’s year‑end outlook, also updated today, echoes this: XRP has been consolidating between roughly $2.20 and $2.50 for about a month, with the $2.36–$2.50 EMA cluster acting as a major ceiling. A breakout above that band could open a path toward $2.64 and $3.02, while continued stagnation keeps price chopping in the existing range. ^[24]

Taken together, today’s technical coverage suggests:

Bears: point to the death cross and failed ETF “pump” as signs of deeper downside risk.
Bulls: highlight historical death‑cross bottoms, ascending channels, and bull‑flag structures above multi‑year highs.

Right now, the actual price — hovering around $2.27 — sits right between these narratives, waiting for the next catalyst.

Macro backdrop: Bitcoin below $95k and ‘extreme panic’ across crypto

It’s impossible to understand XRP’s price today without looking at the wider crypto market, which has taken a dramatic turn over the past few weeks.

A live update from Cryptonews, syndicated via CryptoRank, notes that Bitcoin has slipped below $95,000, with market sentiment registering “extreme panic” and most major sectors — DeFi, meme coins, Layer‑2s — in the red. ^[25]
Reuters reported on Sunday that Bitcoin was down nearly 2% to $93,684 at one point, extending a drop of roughly 30% from record highs above $126,000 hit earlier in the autumn. ^[26]

A market‑wide $1 trillion drawdown in total crypto market cap and nearly $900 million in liquidations over 24 hours have left traders risk‑averse, with Bitcoin dominance still high and altcoins like XRP often getting hit even harder on down days. ^[27]

In that environment, even positive XRP‑specific news — ETFs, RLUSD growth, ecosystem innovation — is struggling to outweigh the gravitational pull of macro fear.

Fundamentals in focus: ETFs, RLUSD and long‑term XRP narratives

Despite the short‑term pain, several November 17 stories underline how XRP’s fundamental backdrop has arguably never been stronger.

ETF momentum and the BlackRock question

Beyond Canary’s blockbuster XRPC ETF, multiple issuers are now racing to bring additional XRP funds to market:

The Coin Republic notes a series of XRP ETF‑related dates this month, including Canary Capital’s window on 13 November, Franklin Templeton’s window between 14–18 November, and 21Shares between 20–22 November, which could all add volatility and liquidity. ^[28]
Times Tabloid reports on speculation around BlackRock after an old interview resurfaced in which CEO Larry Fink refused to comment on the idea of an XRP ETF, saying, “I can’t. And you don’t want me to.” Some in the XRP community interpret this as a sign that BlackRock may be constrained by non‑disclosure agreements, given Ripple’s reported use of more than 1,700 NDAs with partners. ^[29]

While BlackRock has not confirmed any XRP ETF plans, the fact that heavyweight firms like Franklin Templeton, CoinShares and 21Shares are moving ahead suggests a rapid institutionalization of XRP exposure.

RLUSD growth and institutional backing

Bankless Times highlights another under‑the‑radar driver: Ripple’s U.S. dollar stablecoin, RLUSD. On‑chain data from Artemis shows: ^[30]

RLUSD supply is up about 25% over the past 30 days, to roughly $1.1 billion.
The number of RLUSD addresses has climbed to around 6,100, with adjusted volume in the billions of dollars.

The same article notes that Ripple recently secured a $500 million investment from Ken Griffin’s Citadel and Fortress, valuing the company north of $40 billion — a reminder that large TradFi institutions are still willing to write big checks into the Ripple ecosystem even amid regulatory uncertainty. ^[31]

Long‑term price dreams: $100+ XRP?

On the more speculative side, November 17 also saw a flurry of long‑horizon price discussions:

Times Tabloid covered analyst Levi Rietveld, who calculated that if XRP were to repeat its approximate 4,380% gain from 2016 to 2025, the token could, in theory, reach around $100 by 2030 — a purely mathematical extrapolation that assumes similar compounding over the next five years. ^[32]
Another Crypto Basic piece explored an even more aggressive scenario, estimating the price of 1 XRP if it powered 25% of global remittances, arriving at valuations well above current levels. These models rely on optimistic assumptions about market share, velocity, and total remittance volumes and are best read as thought experiments rather than forecasts.

These narratives don’t change today’s price, but they shape sentiment: while near‑term charts look shaky, a vocal part of the community still sees today’s range around $2.20–$2.30 as a possible launchpad for the next multi‑year cycle, not the end of the story.

Legal clarity after SEC settlement: another pillar under XRP

In the background of today’s move is a major milestone from earlier this year: on August 8, 2025, the U.S. Securities and Exchange Commission formally ended its long‑running lawsuit against Ripple, leaving in place a $125 million fine and an injunction on institutional‑level XRP sales but dropping further appeals. ^[33]

The court had previously ruled that:

Institutional sales of XRP were unregistered securities offerings, but
Programmatic sales on public exchanges were not securities transactions. ^[34]

With appeals dismissed, that mixed ruling stands — providing much‑needed clarity for exchanges, ETF issuers, and institutional players, and helping pave the way for the ETF launches that are now shaping today’s market narrative.

What to watch next for XRP price after today

Given everything that’s hit the tape on 17 November 2025, here are the main near‑term factors XRP traders and investors are watching:

Key price levels
- Support: $2.10–$2.08 and the broader $2.00 psychological zone. A clean break below could invite a test of $1.76–$1.87 according to several technical analyses. ^[35]
- Resistance: The $2.25–$2.41 band, followed by $2.50–$2.64. Sustained closes above this cluster would go a long way toward validating the bull‑flag and ascending‑channel theses. ^[36]
ETF flows and new product launches
- How much net inflow XRPC and upcoming Franklin Templeton/21Shares products attract.
- Whether those flows show up as visible spot buying, or remain largely OTC and muted in price action. ^[37]
Bitcoin and macro sentiment
- If Bitcoin can stabilize above key supports after falling below $95k and erase “extreme panic” readings, altcoins like XRP could get breathing room. ^[38]
On‑chain trends
- Whether whale transfers stay elevated and, crucially, whether long‑term holder selling remains subdued after the reported 78% drop in weekly distribution. ^[39]
Regulatory and institutional headlines
- Any signs that additional Tier‑1 asset managers are preparing XRP ETFs or integrating XRP and RLUSD into their products. ^[40]

Bottom line: XRP today sits at the crossroads

On November 17, 2025, XRP’s headline number — about $2.27 — looks boring at first glance, but under the surface the picture is anything but:

ETF inflows are real, yet their impact is delayed and partially hidden by settlement mechanics and OTC purchasing. ^[41]
Whale and hodler data suggest selling pressure is easing, even as price chops sideways below key moving averages. ^[42]
Technical signals are split: a classic death cross warns of more downside while historical analogues and bull‑flag structures hint at a potential springboard. ^[43]
The macro backdrop remains hostile, with Bitcoin and the wider market under heavy pressure and trader sentiment in fear mode. ^[44]

For now, XRP appears to be in a high‑stakes consolidation zone, with $2.00–$2.10 acting as the line in the sand for bulls and the $2.30–$2.50 area as the ceiling that must be reclaimed to re‑ignite the uptrend.

Important note

This article is for informational and news purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile, and you should always do your own research and consider your risk tolerance before buying or selling any digital asset.

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