XRP’s Next ‘Face-Melting’ Rally Could Hit Within 6 | Crypto News
Some analysts count on XRP to climb sharply from its current price of $2.39. According to posts on X by a widespread analyst identified as Egrag Crypto, the coin is trading at the underside of a descending triangle and may stage a strong rally in the approaching weeks.
Analysts Point To Historical Setups
According to Egrag, two earlier runs give the sample some weight. He in contrast the current chart to strikes in 2017 and 2021. Back then, XRP went from $0.097 to $3.84 across a roughly three-month span around 2017–2018.
In 2021, it rose from below $0.45 to above $1.90 in two month-to-month candles. Based on those strikes, he expects a comeback within 4 to six weeks and initiatives features of about 300% to 1,400% from today’s price.
#XRP – Weakness? Or Just Testing the Faith of Bulls?
Lately, I’ve seen many #XRP Bulls turning #Bearish , annoyed by the sideways chop and the boring price motion. They say issues like “I see weakness on the HTF.”
Let me let you know what I see :
I see merchants… pic.twitter.com/5WTibse9r7— EGRAG CRYPTO (@egragcrypto) November 11, 2025
“Mark my words: XRP will usually melt faces within 4–6 weeks, and history backs it up with evidence,” Egrag, who put a goal vary of $10 to $37 for this cycle, said.
“I see traders chickening out, scared to lose their 10x gains. And that’s fine , protecting profits is smart,” he added.
Other market voices have echoed components of that view, reposting Egrag’s chart and wrote that XRP is “busy testing bulls’ faith.”
ETF Filing Moves Forward
Meanwhile, according to filings and reporting, Canary Capital has taken a key step toward launching a spot XRP ETF in the US. The firm filed a Form 8-A, a transfer that, once Nasdaq indicators off, would let the fund checklist its shares.
Crypto reporter Eleanor Terrett said the submitting will turn into efficient at 5:30 p.m. ET once Nasdaq certifies it, and trading is set to start when US markets open on Thursday, November 14, 2025.
That development issues because an ETF could make an asset simpler for many traders to buy. It doesn’t imply costs will robotically skyrocket. It does imply more consideration, and that can change market conduct in methods that are arduous to predict.
NEW: @CanaryFunds has filed its Form 8-A. This is the ultimate step before it goes efficient at 5:30 PM ET Wednesday once the Nasdaq certifies the itemizing. When that occurs, the last hurdle is cleared and the first $XRP spot ETF can be set to launch Thursday at market open. pic.twitter.com/mXvkrrXbiJ
— Eleanor Terrett (@EleanorTerrett) November 11, 2025
Short-Term Data And Market Tone
At press time, XRP was trading around $2.39, down about 3% over the last 24 hours. Technical merchants focus on where the price sits inside the triangle sample and watch quantity for affirmation of a breakout.
Some see the construction as a setup for a large transfer either method. Others level out that the market atmosphere today is just not the same as in 2017 or 2021, given greater trading volumes and different regulatory components.
The ETF timing provides a new ingredient to watch. If Nasdaq approves Canary Capital’s Form 8-A as reported, the first spot XRP shares may start trading on Thursday. Markets often react to such milestones, but how big that response can be is unknown.
Featured image from Gemini, chart from TradingView
Stay up to date with the latest trending crypto news! Visit our web site daily for the freshest Crypto news and content, fastidiously curated to keep you informed.
