Some analysts anticipate XRP to climb sharply from its present value of $2.39. In response to posts on X by a well-liked analyst generally known as Egrag Crypto, the coin is buying and selling on the backside of a descending triangle and will stage a powerful rally within the coming weeks.
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Analysts Level To Historic Setups
In response to Egrag, two earlier runs give the sample some weight. He in contrast the current chart to strikes in 2017 and 2021. Again then, XRP went from $0.097 to $3.84 throughout a roughly three-month span round 2017–2018.
In 2021, it rose from under $0.45 to above $1.90 in two month-to-month candles. Primarily based on these strikes, he expects a comeback inside 4 to 6 weeks and tasks positive factors of about 300% to 1,400% from in the present day’s value.
#XRP – ⚔️ Weak spot? Or Simply Testing the Religion of Bulls? 💎
These days, I’ve seen many #XRP Bulls turning #Bearish 😔, annoyed by the sideways chop and the boring value motion. They are saying issues like “I see weak spot on the HTF.”
Let me inform you what I see 👁️🗨️:
I see merchants… pic.twitter.com/5WTibse9r7— EGRAG CRYPTO (@egragcrypto) November 11, 2025
“Mark my phrases: XRP will often soften faces inside 4–6 weeks, and historical past backs it up with proof,” Egrag, who put a goal vary of $10 to $37 for this cycle, stated.
“I see merchants retreating, scared to lose their 10x positive factors. And that’s advantageous , defending earnings is sensible,” he added.
Different market voices have echoed elements of that view, reposting Egrag’s chart and wrote that XRP is “busy testing bulls’ religion.”
ETF Submitting Strikes Ahead
In the meantime, in keeping with filings and reporting, Canary Capital has taken a key step towards launching a spot XRP ETF within the US. The agency filed a Kind 8-A, a transfer that, as soon as Nasdaq indicators off, would let the fund checklist its shares.
Crypto reporter Eleanor Terrett stated the submitting will change into efficient at 5:30 p.m. ET as soon as Nasdaq certifies it, and buying and selling is ready to begin when US markets open on Thursday, November 14, 2025.
That improvement issues as a result of an ETF could make an asset simpler for a lot of traders to purchase. It doesn’t imply costs will robotically skyrocket. It does imply extra consideration, and that may change market habits in methods which can be onerous to foretell.
🚨NEW: @CanaryFunds has filed its Kind 8-A. That is the ultimate step earlier than it goes efficient at 5:30 PM ET Wednesday as soon as the Nasdaq certifies the itemizing. When that occurs, the final hurdle is cleared and the primary $XRP spot ETF can be set to launch Thursday at market open. pic.twitter.com/mXvkrrXbiJ
— Eleanor Terrett (@EleanorTerrett) November 11, 2025
Brief-Time period Information And Market Tone
At press time, XRP was buying and selling round $2.39, down about 3% over the past 24 hours. Technical merchants concentrate on the place the worth sits contained in the triangle sample and watch quantity for affirmation of a breakout.
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Some see the construction as a setup for a big transfer both manner. Others level out that the market setting in the present day isn’t the identical as in 2017 or 2021, given larger buying and selling volumes and completely different regulatory components.
The ETF timing provides a brand new aspect to observe. If Nasdaq approves Canary Capital’s Kind 8-A as reported, the primary spot XRP shares may begin buying and selling on Thursday. Markets typically react to such milestones, however how large that response can be is unknown.
Featured picture from Gemini, chart from TradingView
