XRP Price Today, November 19, 2025: Ripple Slides Toward $2 Support as ETF Hype Cools

XRP is under heavy pressure today, even as a wave of new spot XRP exchange‑traded funds (ETFs) goes live and Ripple pushes new growth initiatives.

As of the afternoon of November 19, 2025, XRP is trading around $2.04, down roughly 8–9% in the last 24 hours, with its market cap hovering near $123 billion. ^[1]

Key takeaways

XRP price today: around $2.04, down about 8.6% over 24 hours, after trading between roughly $2.04 and $2.24 in the last day. ^[2]
Market cap & rank: approximately $123B, keeping XRP in the top 4 cryptocurrencies by market value. ^[3]
Key technical zone: XRP is sitting right on a $2.10–$2.20 support area; a clean break lower could open the door to $1.80–$1.73, according to multiple analyst reports. ^[4]
ETF wave vs. price action: the first U.S. spot XRP ETF from Canary Capital drew about $250M+ in flows, and several more funds launch this week — yet XRP is still sliding. ^[5]
On‑chain stress: only ~58.5% of the XRP supply is currently in profit, the lowest in a year; roughly 26.5 billion XRP are underwater, leaving the market vulnerable to sharp corrections. ^[6]

XRP price today: key stats for November 19, 2025

Based mainly on CoinMarketCap, CoinCodex and other major aggregators: ^[7]

Live price: ≈ $2.04
24h change:−8.5% to −8.6%
24h low / high: about $2.04 – $2.24
Market cap: ≈ $122–123 billion
24h trading volume: roughly $5–7 billion
Circulating supply: ~60.2 billion XRP (out of 100B max)
Rank: #4 by market cap
1‑year performance: XRP is still up roughly 85–100% compared with this time last year, despite the recent drawdown. ^[8]
Distance from ATH: about 47% below its all‑time high near $3.80–$3.90 from early 2018. ^[9]
Sentiment: CoinCodex’s Fear & Greed Index sits at 15 (“Extreme Fear”), underlining how shaken the market is. ^[10]

Why is XRP price down today?

Today’s XRP sell‑off is happening at the intersection of macro worries, ETF growing pains, and on‑chain stress.

1. Broader crypto slump and macro nerves

Across the market, major coins are struggling:

Bitcoin is trading just above $90,000 after falling below that level earlier in the week.
Ethereum hovers around $3,000, while Solana and XRP all sit near critical support areas. ^[11]

Analysts point to a cocktail of headwinds:

Concerns over an “AI and tech bubble” and frothy equity valuations. ^[12]
Uncertainty around the Federal Reserve’s next rate decision, with only a ~40–50% chance of a December rate cut now priced in — negative for risk assets like crypto. ^[13]
Heavy ETF outflows from Bitcoin and Ethereum products earlier this month, which drained liquidity and confidence. ^[14]
A confirmed “death cross” in Bitcoin (short‑term moving average dropping below the long‑term one), which triggered a wave of liquidations across leveraged crypto positions. ^[15]

In this environment, XRP is trading like a high‑beta altcoin: when Bitcoin wobbles, XRP tends to move more violently in the same direction. CoinDesk’s flagship CoinDesk 20 index is down about 2.7% today, with XRP one of the day’s laggards, dropping ~4.7% within that basket. ^[16]

2. ETF hype vs. reality

On paper, this should be a golden week for XRP:

Canary Capital’s XRPC, the first U.S. spot XRP ETF, launched on November 13 and pulled in nearly $250M on day one, with about $58M in trading volume — the strongest ETF debut of 2025 by some measures. ^[17]
Data relayed via CryptoPotato and CryptoRank shows cumulative flows into XRPC have climbed toward the $260–270M range, and several more spot XRP ETFs (from Franklin Templeton, Bitwise, 21Shares, CoinShares and others) are scheduled to launch between November 18–22. ^[18]

Despite that, XRP has fallen instead of rallying:

24/7 Wall St. notes that XRP dropped roughly 8–9% in the 24 hours following the ETF’s debut, sliding from around $2.31 to the low‑$2.20s even as flows poured into the new fund. ^[19]
CryptoPotato highlights that XRP is still about 40% below its July peak near $3.65, even after the ETF wave. ^[20]

Why hasn’t the ETF hype translated into straight‑up price gains?

Analysts give three main reasons: ^[21]

Broader market sell‑off – ETF launches happened right as the entire crypto market was dumping; leverage was being flushed out and many traders were forced to close long positions.
In‑kind ETF creations – XRPC allows authorized participants to deposit XRP directly instead of buying on open exchanges. That structure reduces spot‑market buying pressure, so big inflows don’t automatically push the price higher.
Profit‑taking after a huge year – XRP is still up dramatically year‑on‑year; on‑chain data shows many long‑time holders have been locking in gains, using ETF headlines as exit liquidity rather than a fresh buying signal. ^[22]

3. On‑chain data: more holders slipping into loss

Fresh on‑chain analysis from Glassnode and others paints a fragile picture:

Only about 58.5% of XRP’s circulating supply is now in profit, the lowest level since late 2024.
That means roughly 41.5% of supply — around 26.5 billion XRP — is underwater at current prices. ^[23]

CryptoPotato and Finbold both warn that such a “top‑heavy” market, with a large chunk of recent buyers sitting at a loss, can be more vulnerable to panic selling and deeper corrections, especially if key support levels give way. ^[24]

Finbold also notes that XRP’s market cap has shrunk by almost $19B in a week, from around $147B on November 12 to roughly $128B today — even as the broader market shows signs of stabilizing. ^[25]

4. Big Ripple wallet move spooks traders

Adding to nerves, blockchain data on November 18 showed:

200,000,000 XRP (≈$445M) moving from a Ripple‑controlled wallet to an unknown address, just as the market briefly flipped green. ^[26]

Analysts quoted by Finbold largely framed it as part of Ripple’s liquidity and infrastructure operations, not a direct dump on retail. Even so, the timing — followed by another pullback that has XRP trading near $2.10–$2.15 — highlighted how sensitive traders are to large treasury movements right now. ^[27]

Today’s biggest XRP news (November 19, 2025)

Beyond the headline price, several XRP‑specific stories are shaping sentiment today.

1. ETF wave continues: more spot XRP funds hit the market

24/7 Wall St. reports that after Canary’s XRPC debut, nine more XRP ETFs are set to launch this week across major U.S. exchanges, including a Franklin Templeton product (EZRP) scheduled around November 20. ^[28]
CryptoPotato and NewsBTC relay estimates that the full ETF pipeline could direct $1–1.2 billion of additional capital into XRP‑backed products over coming weeks if demand materializes. ^[29]

So far, though, the spot price hasn’t “followed the flows.” The takeaway from most analysts: ETFs are a long‑term structural win, but short‑term price action is still dominated by macro conditions, leverage, and technical levels.

2. Native XRP staking is being explored — but it would be a big change

In a blog post highlighted by DL News, Ripple engineering director J. Ayo Akinyele floated the idea of introducing native staking for XRP at the protocol level. ^[30]

Key points from his exploration:

The XRP Ledger (XRPL) does not currently reward validators with block rewards or staking yield.
Adding staking would require:
- A new source of rewards (for example, extra fees from programmability features being directed into a pool).
- A mechanism to distribute rewards fairly while preserving decentralization.
Akinyele warns that financial incentives can reshape governance and validator behavior, so any design would need careful safeguards. ^[31]

This isn’t a firm roadmap — more of a thought experiment — but it shows Ripple is thinking about how to expand XRP’s utility at a time when ETFs and institutions are suddenly paying more attention.

3. Kraken’s $91 XRP spike was a glitch, not a secret moonshot

CoinCentral reports that earlier this week, a technical glitch on Kraken briefly printed an XRP price above $91.60 on one trading pair before quickly reverting to the normal $2‑range. ^[32]

The spike:

Appears to have been due to matching‑engine or order‑book issues, not organic demand.
Did not show up across other major exchanges.

It’s a good reminder that exchange errors can generate wild wicks that shouldn’t be mistaken for real price discovery — especially when you’re looking at thin pairs or leveraged products.

4. A top XRP trader steps aside

U.Today reports that popular trader DonAlt, known for catching an earlier 700% XRP run this year, opened a new long position recently — and then closed it within a day at roughly break‑even. ^[33]

His reasoning:

Bitcoin’s drop below $90K killed the follow‑through he was looking for.
XRP fell back under its $2.20–$2.35 “compression zone”, invalidating his continuation setup.
He now wants to wait for a clearer signal, such as a daily close above roughly $2.45, before re‑entering. ^[34]

The message to many short‑term traders: patience over FOMO until XRP either reclaims key levels or fully resets lower.

5. “You’re looking at XRP the wrong way,” says one analyst

A widely shared analysis by Black Swan Capitalist founder Versan Aljarrah, summarized via CryptoRank/NewsBTC, argues that much of the conversation around XRP’s price is missing the point. ^[35]

His thesis:

XRP shouldn’t be judged purely as a speculative altcoin, but as a settlement asset designed to help resolve debt, route liquidity, and move value through the financial system.
Short‑term price swings are “noise” compared with the utility being built underneath, via things like Ripple’s acquisitions and payment partnerships. ^[36]

At the same time, that piece acknowledges reality: XRP’s market cap has fallen from over $210B to around $129B in recent months, and the token remains tightly coupled to broader crypto sentiment for now. ^[37]

What the XRP chart is saying right now

Multiple technical analysts today are converging on a similar view: XRP is sitting on a major decision zone.

Key support and resistance levels

From CryptoPotato, U.Today, CryptoRank and Economic Times coverage: ^[38]

Immediate support:
- $2.10–$2.20: repeatedly tested in recent sessions and viewed as the primary demand zone.
- Some analysts narrow it to $2.10–$2.02 as the must‑hold band. ^[39]
If support fails:
- Potential downside targets cluster around $1.91, $1.80 and $1.73, with one camp warning of a possible slide into the $1.60–$1.80 range if selling accelerates. ^[40]
Overhead resistance:
- Short‑term barriers: $2.25–$2.30.
- Stronger resistance near $2.45–$2.60, where the 100‑day and 200‑day moving averages cluster. Reclaiming ~$2.60 is seen as essential for any sustained bullish reversal. ^[41]

Trend structure and signals

XRP is trading inside a descending channel / wedge, staying below key moving averages — a bearish backdrop unless it breaks out convincingly. ^[42]
Several outlets highlight that all three major moving averages (50, 100, 200‑day) are now overhead, and a “death cross” recently formed, contributing to the current 15% slide from local highs. ^[43]
On a more optimistic note, CryptoRank and other technical analysts point to a 3‑day bullish divergence on XRP’s chart, where the price is making lower lows while the Ultimate Oscillator and other indicators make higher lows — a classic potential reversal setup. ^[44]

In short: the trend is still down, but momentum is starting to show early signs of seller exhaustion — especially if the $2.10 area continues to hold.

Short‑term XRP price scenarios traders are watching

Nothing here is financial advice, but based on today’s analysis, traders and analysts are broadly talking about three paths.

1. Bullish short‑term scenario

Conditions:

$2.10–$2.02 support holds on daily closes.
Volume stabilizes or rises on green candles.
Bitcoin stays above roughly $90K and sentiment improves. ^[45]

What they’re looking for:

A push back above $2.25–$2.30, clearing near‑term range resistance. ^[46]
Then a test of $2.45–$2.60; reclaiming that zone and its major moving averages would be the first convincing sign of a trend reversal rather than just a relief bounce. ^[47]

2. Bearish continuation scenario

Conditions:

XRP closes decisively below $2.10, and that level starts acting as resistance.
Macro data or ETF flows disappoint, reviving risk‑off sentiment. ^[48]

What that might imply (per multiple analyst maps):

A move toward $1.91, then $1.80–$1.73, which line up with Fibonacci retracement zones, prior price congestion, and on‑chain realized price clusters. ^[49]
U.Today notes that if $2.00 itself is lost, some models start pointing as low as the $1.60–$1.80 range for a deeper reset. ^[50]

Some derivatives traders are already positioning for further downside: CryptoRank flags at least one $27 million bearish bet targeting a potential XRP price crash amid the current stress. ^[51]

3. Choppy “reset and build” scenario

A third camp expects extended sideways action:

XRP chops between roughly $2.00 and $2.40, frustrating both bulls and bears.
During this time, ETF flows, new products, and Ripple’s business deals could gradually rebuild confidence, even if the price doesn’t immediately explode higher. ^[52]

This scenario aligns with analysts who view the current move as a mid‑cycle reset in a still‑intact broader bull market — painful, but not necessarily the start of a multi‑year bear. ^[53]

What today’s move means for XRP holders

A few bigger‑picture points stand out from today’s news flow:

XRP is still highly correlated with Bitcoin and macro risk sentiment.
- Even with spot ETFs and real‑world use cases, XRP is not trading in a vacuum; rate expectations, AI/tech valuations and ETF flows in BTC and ETH still move the whole market. ^[54]
The ETF era is a marathon, not a sprint.
- Canary’s blockbuster debut and the wave of upcoming ETFs show strong institutional appetite for regulated XRP exposure, but you’re seeing in real time that flows alone don’t guarantee immediate price gains, especially when leveraged traders are being liquidated elsewhere. ^[55]
On‑chain pain is real — but so is long‑term building.
- The fact that over 40% of the supply is underwater helps explain today’s fragility. ^[56]
- At the same time, Ripple is still signing deals, exploring new features like native staking, running a high‑profile ETF and institutional push, and has reportedly raised hundreds of millions of dollars at a valuation around $40B this year. ^[57]
Volatility cuts both ways.
- A Kraken print above $91 from a glitch one day, and a grind back to $2 the next, is a stark reminder that crypto remains an extremely volatile, high‑risk market. ^[58]

Final word

XRP’s price today, November 19, 2025, reflects a market caught between huge structural milestones (ETFs, institutional money, protocol evolution) and a brutal short‑term reset driven by macro uncertainty and over‑leveraged traders.

Whether this $2 zone becomes a launchpad or a trapdoor will likely depend on:

How Bitcoin behaves around $90K,
Whether ETF flows broaden beyond Canary’s initial surge, and
If buyers are willing to defend the $2.10–$2.00 support when volatility inevitably picks up again.

As always, this article is informational only and is not investment advice. XRP — like all cryptocurrencies — remains highly speculative. Never invest more than you can afford to lose, and consider speaking with a qualified financial professional before making major decisions.

References