Analyst EGRAG Crypto argues that XRP could push toward $6–$7 before mid-November if current momentum holds. While not a guarantee, the outlook has gained traction among traders searching for bullish signals.
Confidence around the asset has been boosted by Ripple’s recent confirmation that XRP will be included in a planned U.S. digital asset reserve, framing the token as part of long-term government strategy.
At the same time, the launch of the REX-Osprey XRPR ETF has added a fresh layer of legitimacy, making XRP the first token to secure a U.S.-listed spot ETF under the ’40 Act framework. The fund allocates the majority of its holdings directly into XRP, creating a new path for institutional investors.
Market data also shows a sharp decline in Coinbase’s visible XRP reserves, which have dropped nearly 90% since June. Analysts are divided on whether this reflects large-scale sales or tokens being moved off-exchange into private custody. Regardless, the reduction adds to speculation about tighter supply conditions just as institutional access is opening up.
With government recognition, new investment vehicles, and shrinking reserves on major platforms, XRP is entering one of its most eventful phases in years — setting the stage for potential price milestones not seen since its previous cycle highs.
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