SELLERS PUSH XRP DOWN AFTER ETF BUZZ—$2.22SUPPORT UNDER PRESSURE

Despite launching the year’s top-performing ETF with $58 million in first-day trading, XRP continues to face pressure, leading many analysts to issue bearish price forecasts.

Canary Capital’s XRPC fund slightly outperformed Solana’s BSOL ETF, but XRP itself has dropped 11% over the past week, showing that institutional interest hasn’t yet boosted the token’s price.

On its first day, XRPC attracted $58.6 million, setting a new record for crypto ETFs this year, surpassing Bitwise’s Solana Staking ETF (BSOL). Within just two days, XRPC more than doubled the assets under management (AUM) of the REX-Osprey fund.

Currently, XRPC manages $248 million, making it the largest XRP-linked ETF in the U.S. market.

Meanwhile, similar ETFs from Franklin Templeton, 21Shares, and CoinShares are awaiting SEC approval before launching.

XRP Price Outlook: Key Support Could Determine Next Move

XRP’s downtrend has continued on the 4-hour chart, despite the recent ETF launch. If the current demand zone fails this week, the token could drop to $1.57—the level where it rebounded after the October 10 flash crash. This implies a potential 30% downside from today’s price.

On the other hand, if XRP holds the $2.20 support level, it could rebound quickly toward $3, especially if market sentiment improves for a potential end-of-year “Christmas rally.”

The introduction of additional ETFs could support this bullish scenario, as growing institutional interest may increase demand for XRP.

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Meanwhile, most altcoins remain under pressure, but early-stage presales like Maxi Doge ($MAXI) are quietly gaining attention. The project has already raised over $4 million and is building a trader-focused meme coin community with strong momentum.

Maxi Doge ($MAXI) Brings Back the Doge Spirit with a Trader-Focused Vision

Maxi Doge ($MAXI), built on Ethereum and inspired by the original Doge meme, is more than just another meme coin—it’s a fresh take on what made Doge legendary.

The token aims to unite a growing community of active traders, turning meme-driven excitement into real trading opportunities, rewards, and shared wins in today’s bull market. $MAXI also provides a hub for traders to exchange ideas and insights on new opportunities in the crypto space.

Community members can participate in fun competitions like Maxi Ripped and Maxi Gainz, where they can earn rewards and bragging rights.

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Up to 25% of the presale proceeds will be reinvested in promising tokens, with profits used to fund marketing campaigns that increase awareness of $MAXI.

To get $MAXI, visit the official Maxi Doge website and connect a compatible wallet such as Best Wallet. You can swap existing crypto or use a bank card to complete the purchase within seconds.

FAQs

1. Why is XRP facing price pressure despite ETF launches?

XRP has dropped 11% over the past week, showing that institutional ETF hype hasn’t yet translated into strong price momentum.

2. What is the significance of the $2.20 support level for XRP?

If XRP holds $2.20, it could rebound toward $3, but if it breaks, the token might drop to $1.57, implying a 30% downside.

3. How much did the XRPC ETF raise on its first day?

XRPC attracted $58.6 million on its first day, making it the year’s top-performing crypto ETF.

4. What is Maxi Doge ($MAXI) aiming to achieve?

$MAXI seeks to unite traders, turning meme-driven hype into real trading opportunities, rewards, and a community hub for sharing crypto insights.

5. How can investors participate in the $MAXI presale?

Investors can buy $MAXI via the official website by connecting a compatible wallet or using a bank card to complete the transaction quickly.