XRP is currently testing a significant pivot point at $2.20, following its recent debut on the exchange-traded fund market, which raised $164 million. However, this promising launch has not been enough to prevent a wave of liquidations affecting investors in the cryptocurrency space. As traders closely monitor this critical price level, the outcome of XRP's performance could have important implications for the broader market sentiment and investor confidence.
source: https://www.coindesk.com/markets/2025/11/26/xrp-tests-crucial-usd2-20-pivot-after-usd164m-etf-debut-fails-to-offset-liquidations