XRP price prediction: What to expect as 21Shares XRP ETF launches today?

On December 1, the XRP price is trading in a range of $2.01–$2.21, showing a decline despite the launch of the 21Shares XRP ETF.

With volatility picking up again, traders are watching to see whether XRP can stabilize or if further downside is ahead.

Current market scenario

Ripple (XRP) is currently trading around $2.02, down over 8% in the past day.

Interest in XRP-backed ETFs has been heating up lately — four of them have launched just in the past few weeks, pulling in over $666 million. Still, even with all this institutional attention, the price hasn’t been able to hold. Liquidity is shifting fast, with huge XRP outflows across almost every major exchange, likely from whales moving funds, people taking control of their own wallets, or internal reshuffling.

With exchange-held XRP down to 29% since February, the XRP outlook looks cautious, as falling liquidity and selling pressure keep the short-term picture shaky.

Upside outlook

If XRP stays near current levels, it could create a chance for a short-term rebound. Analysts point out that it’s trading near the bottom of a long-term upward channel, which could act as support.

The XRP forecast shows that $2.60 might be within reach once the new ETFs are fully launched in both the U.S. and Europe, provided selling pressure doesn’t pick up again.

Downside risks

XRP’s short-term outlook is feeling the pressure as liquidity shifts. With fewer coins sitting on exchanges and coordinated outflows across major platforms, the market is looking fragile.

On top of that, ongoing large-scale selling makes sharp price swings more likely if the key support doesn’t hold.

XRP price prediction based on current levels

Looking at the XRP price prediction, at around $2.02, the recent drop — combined with thinning exchange liquidity and heavy outflows — keeps the token in a cautious short-term position, with the $2.00 support as the critical level to watch.

If buyers can defend this line, XRP could stabilize and potentially move toward $2.50–$2.60, especially as demand adjusts following the launch of the 21Shares U.S. spot XRP ETF.

However, if selling pressure intensifies or liquidity continues to decline, XRP may slide further before any meaningful recovery, with volatility likely to remain elevated as the market adjusts to these changes.