XRP is testing critical support near $2.00 after dropping roughly 18% this month. Traders and investors watch carefully, aware that this level may determine the token’s near-term direction. While institutional ETF inflows suggest renewed demand, technical factors create a cautious outlook.
As of the time of Skipper’s post, XRP gained 1% in the last 24 hours and 3% over the past week. Daily trading volume sits at $3.89 billion. Despite these modest gains, XRP remains nearly 40% below its July 2025 high of $3.65.
The $2.00 support zone is now the focal point. Holding this level could set the stage for a recovery toward the middle of its trading range around $2.60.
🚨XRP UPDATE$XRP falls 18% this month, nearing key $2.00 support. Analysts point to chart patterns, ETF inflows, and $8–$24 upside targets.
In the last 24 hours, Ripple’s token rose by 1%, and over the past week, it gained 3%. Daily trading volume is $3.89 billion. XRP is… pic.twitter.com/DdPTSac3Rh
— Skipper | XRPL (@skipper_xrp) November 27, 2025
Technical Analysis: Wave Patterns and Consolidation
XRP may be in the fourth phase of a five-stage wave pattern. Current consolidation rests just above the 2021 high, which has become a new support zone. Analysts note that a sustained hold at $2.00 could trigger a rebound toward $2.60–$2.70.
Failure to maintain this support may push XRP lower, potentially toward $1.85–$1.90. The token’s near-term direction largely depends on the interplay between technical patterns and market sentiment.
ETF Inflows Drive Institutional Demand
ETF activity has picked up strongly. Skipper reports that over 80 million XRP tokens were added to new funds on their first day. Grayscale and Franklin Templeton recorded a combined $130 million inflow. Canary’s fund holds the largest share, currently at $331 million.
These ETFs provide secure, regulated exposure to XRP, attracting institutional investors seeking transparency and custody. The launch of these funds adds credibility and may act as a catalyst for future price growth.
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Balancing Opportunity and Risk
While ETFs bring renewed optimism, broader market pressures remain. Bitcoin volatility and subdued retail participation could limit the immediate impact of institutional inflows. Traders are closely monitoring volume trends and price action near $2.00.
A bounce from this support could lead XRP toward the $2.60–$2.70 zone. Conversely, a breakdown may signal further downside, testing lower support levels. Investors must weigh technical strength, ETF momentum, and macro conditions.
Looking Ahead: What to Watch
Key areas to monitor include $2.00 support, ETF inflows, and trading volume consistency. Skipper highlights that institutional demand could help XRP regain momentum if the support holds.
The next few days may prove critical. How XRP interacts with this support level could define its trajectory for the remainder of 2025. Technical resilience combined with strong ETF adoption may create an environment for renewed bullish interest.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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