The post Franklin XRP ETF Debuts as XRP Falls Below Critical Support appeared on BitcoinEthereumNews.com. XRP falls below support as ETF launch approaches amid weak market sentiment. Heavy BTC-ETF outflows raise concerns over demand for the new Franklin XRP ETF. RSI and MACD readings show persistent bearish momentum with limited buyer strength. XRP is under renewed pressure, falling below a key support level. This decline occurs even as the market prepares for the debut of the Franklin XRP ETF (EZRP), Tuesday, November 18. Price action continued to weaken despite expectations that the new spot product could attract institutional attention, raising questions about momentum in the short term. The decline followed renewed volatility across major digital assets and ongoing concerns about fund flows in the broader crypto ETF landscape. Related: XRP Down 11% as Many ETFs Prepare for Launch Week Between Nov 18-25 The Conflict: XRP ETF’s Debut Against a $1.1 Billion ETF Outflow The upcoming Franklin XRP ETF enters the market at a time when other spot crypto products are facing continued outflows.  According to VettaFi’s rankings, Franklin Templeton holds the No. 19 position among ETF issuers with $44.7 billion in assets under management. By comparison, Canary Capital, another issuer active in digital asset products, stands at No. 231 with $84.82 million in AUM. Latest data shows that U.S. BTC-spot ETFs recorded $1.11 billion in net withdrawals during the reporting week ending November 14. Early tallies for Monday, November 17, pointed to another day of outflows. Analysts noted that similar trends in the days ahead could influence sentiment around XRP’s ETF debut and add pressure to broader market prices. Crypto attorney Bill Morgan highlighted XRP’s retracement from July’s peak of $3.66, noting that the token has returned to levels seen before the resolution of SEC v. Ripple and before spot XRP ETF approvals. He noted that XRP has revisited price areas last recorded in mid-2025,… The post Franklin XRP ETF Debuts as XRP Falls Below Critical Support appeared on BitcoinEthereumNews.com. XRP falls below support as ETF launch approaches amid weak market sentiment. Heavy BTC-ETF outflows raise concerns over demand for the new Franklin XRP ETF. RSI and MACD readings show persistent bearish momentum with limited buyer strength. XRP is under renewed pressure, falling below a key support level. This decline occurs even as the market prepares for the debut of the Franklin XRP ETF (EZRP), Tuesday, November 18. Price action continued to weaken despite expectations that the new spot product could attract institutional attention, raising questions about momentum in the short term. The decline followed renewed volatility across major digital assets and ongoing concerns about fund flows in the broader crypto ETF landscape. Related: XRP Down 11% as Many ETFs Prepare for Launch Week Between Nov 18-25 The Conflict: XRP ETF’s Debut Against a $1.1 Billion ETF Outflow The upcoming Franklin XRP ETF enters the market at a time when other spot crypto products are facing continued outflows.  According to VettaFi’s rankings, Franklin Templeton holds the No. 19 position among ETF issuers with $44.7 billion in assets under management. By comparison, Canary Capital, another issuer active in digital asset products, stands at No. 231 with $84.82 million in AUM. Latest data shows that U.S. BTC-spot ETFs recorded $1.11 billion in net withdrawals during the reporting week ending November 14. Early tallies for Monday, November 17, pointed to another day of outflows. Analysts noted that similar trends in the days ahead could influence sentiment around XRP’s ETF debut and add pressure to broader market prices. Crypto attorney Bill Morgan highlighted XRP’s retracement from July’s peak of $3.66, noting that the token has returned to levels seen before the resolution of SEC v. Ripple and before spot XRP ETF approvals. He noted that XRP has revisited price areas last recorded in mid-2025,…

Franklin XRP ETF Debuts as XRP Falls Below Critical Support

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  • XRP falls below support as ETF launch approaches amid weak market sentiment.
  • Heavy BTC-ETF outflows raise concerns over demand for the new Franklin XRP ETF.
  • RSI and MACD readings show persistent bearish momentum with limited buyer strength.

XRP is under renewed pressure, falling below a key support level. This decline occurs even as the market prepares for the debut of the Franklin XRP ETF (EZRP), Tuesday, November 18.

Price action continued to weaken despite expectations that the new spot product could attract institutional attention, raising questions about momentum in the short term. The decline followed renewed volatility across major digital assets and ongoing concerns about fund flows in the broader crypto ETF landscape.

Related: XRP Down 11% as Many ETFs Prepare for Launch Week Between Nov 18-25

The Conflict: XRP ETF’s Debut Against a $1.1 Billion ETF Outflow

The upcoming Franklin XRP ETF enters the market at a time when other spot crypto products are facing continued outflows. 

According to VettaFi’s rankings, Franklin Templeton holds the No. 19 position among ETF issuers with $44.7 billion in assets under management. By comparison, Canary Capital, another issuer active in digital asset products, stands at No. 231 with $84.82 million in AUM.

Latest data shows that U.S. BTC-spot ETFs recorded $1.11 billion in net withdrawals during the reporting week ending November 14. Early tallies for Monday, November 17, pointed to another day of outflows. Analysts noted that similar trends in the days ahead could influence sentiment around XRP’s ETF debut and add pressure to broader market prices.

Crypto attorney Bill Morgan highlighted XRP’s retracement from July’s peak of $3.66, noting that the token has returned to levels seen before the resolution of SEC v. Ripple and before spot XRP ETF approvals. He noted that XRP has revisited price areas last recorded in mid-2025, despite major legal and corporate developments since that time.

XRP Technicals Show Persistent Bearish Momentum

XRP traded at $2.16 as of press time, recording a decline of 4.6% over the past 24 hours. CoinMarketCap data lists its market capitalization at $130.52 billion, with a trading volume of $7.28 billion, indicating increased participation during the pullback.

Source: CoinMarketCap

Moreover, the technical indicators continue to show limited buyer engagement.

Source: TradingView

XRP’s RSI at 38.96 remains below its signal level, while the MACD at –0.0848 sits under its signal line with a negative histogram reading.

Related: Race for XRP ETF Intensifies as Franklin Templeton Updates S-1 Filing

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/xrp-price-ignores-franklin-templetons-xrp-etf-debut-slips-below-key-support/

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