Key takeaways:
Four spot XRP ETFs are set to go live across major US exchanges, unlocking institutional capital into XRP’s market.
XRP price must reclaim $2.20 as support to continue upside toward $2.60.
XRP (XRP) is set for a landmark week of spot ETF launches, which could unlock billions in institutional capital. After finding support at $2.20, XRP traders are hopeful that the ETF launches will serve as the perfect springboard for a rally toward $2.60.
Four spot XRP ETFs are expected to launch this week
Four spot XRP ETFs are set to be approved this week, with three more expected within the next 21 days.
Canary Capital’s XRPC launched Nov. 13 on Nasdaq, with a record $58 million in day-one volume and $245 million in inflows, outperforming all 900 ETF launches of 2025. This eclipsed Bitwise Solana ETF (BSOL) launch on Oct. 28, inspiring a bullish rotation among traders, who are now betting on an XRP rally.
REX/Osprey’s XRPR debuted on Sept. 18 with nearly $38 million in first-day volume, triggering an 18% pre-launch rally and quickly amassed $150 million in assets under management.
JPMorgan projected that XRP ETFs could possibly unlock $4 billion to $8 billion in their first-year inflows.
XRP price bulls must defend $2.20
From a technical perspective, XRP faces a critical test near $2.20. This level has supported the price since the Oct. 10 market crash.
Reclaiming this level would increase the chances of a rebound with the first major resistance sitting between $2.34 and $2.41, where all the major moving averages lie.
“$XRP is consolidating above $2 in a pennant, signaling a potential bottom,” said crypto analyst Marzel in an X post on Monday, adding:
“A breakout above $2.62 would turn bullish, while a close below $2 would invalidate the pattern, with volume spikes likely indicating the breakout before late Q4.”
The CoinGlass liquidation heatmap shows the price eroding liquidity around $2.20, with large clusters of asks sitting between $2.34, $2.41 and $2.67. This suggests that XRP’s upside could be capped around this level in the short term.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.