Crypto Journalist
Anas Hassan
Crypto Journalist
Anas Hassan
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XRP price prediction has soared, trading at $2.08 following launches from Grayscale and Franklin Templeton that opened regulated access to the world’s third-largest digital asset.
Ripple CEO Brad Garlinghouse announced the “pre-Thanksgiving rush” for XRP ETFs on November 20, congratulating Bitwise on its earlier launch, while Grayscale’s GXRP and Franklin’s XRPZ began trading on NYSE Arca on November 24.
Bloomberg ETF analyst James Seyffart confirmed Grayscale’s XRP ETF and Dogecoin ETF would go live today alongside Franklin’s offering.
Institutional Capital Defies Broader Market Selloff
Crypto investment funds recorded $1.94 billion in outflows last week, the third-largest weekly outflow since 2018. XRP saw $89.3 million in inflows, while Bitcoin and Ethereum saw withdrawals.
Four-week outflows totaled $4.92 billion, equaling 2.9% of assets under management, though Friday saw $258 million in inflows.
US-based funds accounted for 97% of global outflows, reaching $1.97 billion, reflecting investor caution amid Federal Reserve policy uncertainty and Jerome Powell’s hawkish commentary.
Bitcoin saw $1.27 billion in outflows, with $225 million returned on Friday. Ethereum saw $589 million in outflows despite a $57.5 million rebound on Friday.
Solana experienced $156 million outflows. XRP’s capital attraction reversed earlier minor outflows, making it the only major digital asset seeing real investment gains.
Analysts point to Ripple’s $2.7 billion infrastructure acquisitions for custody, licensing, and stablecoin services as positioning XRP as a foundational financial layer rather than a speculative asset.
Data shows whales bought $7.7 billion in XRP over the past three months, a trend often preceding significant price moves. Year-to-date inflows remain at $44.4 billion despite recent volatility, highlighting continued institutional interest.
Grayscale promoted zero fees on GXRP from the world’s largest crypto-focused asset manager.
Franklin Templeton filed Amendment No. 3 for XRPZ tracking the CME CF XRP-Dollar Reference Rate.
Both structures use cash-based creations and redemptions until in-kind approval consideration.
Descending Channel Tests Apex in XRP Price Prediction
On the technical level, six-hour charts show XRP trading within a massive descending channel from the July $3.70 peaks through the correction to the current $2.08.
The ascending support provides secondary structure, with price action consolidating at the apex where descending resistance and ascending support converge.
Projection shows a retest of lower channel support around $1.90-$2.00, a bounce to retest the ascending trendline at $2.40-$2.50, followed by a potential breakout above descending resistance toward $3.50.
However, descending channels break downward more often than upward.
On historical grounds, data show the 2017 pattern with an identical structure, which begins with an initial peak, a correction, a recovery, and then an explosive parabolic advance gaining 400%.
The 2025 pattern shows phases similar to the current positioning, suggesting a potential repeat.
However, 2017’s retail-driven mania differs fundamentally from 2025’s mature infrastructure, institutional custody, ETF vehicles, and regulatory clarity.
The current decline to $2.08 shows XRP at the descending channel apex, testing whether the breakout materializes or the downward break continues.
ETF launches can provide a catalyst, but don’t guarantee appreciation, as “sell the news” dynamics can emerge as early buyers take profits.
Currently, a successful channel breakout with volume could drive a recovery toward $2.80-$3.00 resistance, then $3.50-$4.00.
A downward break through $1.90-$2.00 support could trigger a continuation toward $1.70-$1.80.
Consolidation between $1.90 and $2.30 remains possible as apex compression creates equilibrium.
Ethereum-Based Meme Coin Targets 2026 Growth
While XRP’s ETF catalyst shows accelerating institutional crypto adoption, Maxi Doge is advancing as a meme coin on Ethereum’s proof-of-stake network, raising nearly $4 million in presale from retail and whale investors.
The project allocates 40% of the supply to marketing and 25% to the expansion fund for liquidity and staking.
It has an audited smart contract that really indicates trustworthiness.
Moreover, DEX listings on Uniswap are expected shortly after the presale to facilitate public trading, letting early investors get the best price before others.
Futures trading integrations could enable leveraged MAXI speculation, differentiating through practical utility alongside meme appeal.
There is also a weekly staking and trading competition to boost engagement.
To join Maxi Doge, visit the official website and connect your wallet. Participate using crypto or a bank card.
Visit the Official Website Here
https://cryptonews.com/news/xrp-price-prediction-ripple-ceo-predicts-pre-thanksgiving-etf-surge-as-grayscale-and-franklin-launch-xrp-etfs/
