XRP Price Prediction: XRP Tests $1.97 Support as Bullish Bat Pattern Forms and ETF Inflows Strengthen Breakout Outlook
The post XRP Price Prediction: XRP Tests $1.97 Support as Bullish Bat Pattern Forms and ETF Inflows Strengthen Breakout Outlook appeared on BitcoinEthereumNews.com.
XRP faces a pivotal juncture as it tests the $1.97 support level, combining technical bullish patterns with early institutional ETF inflows, which may shape the cryptocurrency’s short-term trajectory. Following a decline below the $2.00 threshold, XRP’s price has captured attention from both retail and institutional investors. While market volatility remains elevated, on-chain data from Nansen and CoinShares reports indicate that technical charts, coupled with ETF activity, may provide the foundation for stabilization. Analysts are closely watching whether XRP can maintain this support as broader altcoin sentiment fluctuates. XRP Holds Key Support Amid Market Pressure XRP is currently testing a critical support zone around $1.97, which traders consider central to short-term market sentiment. The decline below $2.00 coincided with a broader downturn across altcoins, as Bitcoin’s dominance reached 58.45%, suggesting a capital rotation away from smaller tokens (source: CoinMarketCap, November 2025). XRP is testing key support at $1.9707 with resistance near $2.0216, presenting potential upside to $2.2174 and downside risk to $1.7805, emphasizing disciplined risk management. Source: globuscapitas on TradingView According to Nansen on-chain analytics, approximately 42% of XRP wallets accumulated tokens near $3.00, leaving a significant portion of holders in a loss position. Market analysts caution that sustained selling from this cohort could extend pressure across the altcoin market. This environment has placed heightened focus on the current XRP price, with investors monitoring whether the support band around $1.97–$2.00 can hold. ETF Inflows Provide a Counterweight Institutional involvement has increased with the launch of XRP spot ETFs. Bitwise’s XRP ETF, debuting on NYSE Arca, reported $105 million in net inflows on its first day, while Canary Capital’s XRPC ETF recorded $12.8 million in early inflows (source: Bitwise Capital, November 2025). Total ETF-related exposure now stands at roughly $385 million. Bitwise’s XRP ETF recorded $105 million in net inflows on its…
Filed under: News - @ November 21, 2025 1:26 pm