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How High Can Ripple’s Price Run if Spot XRP ETF Indeed Launches on November 13?

Ever for the reason that guard on the SEC modified earlier this yr, the hype for spot Ripple (XRP) ETF went via the roof, and present odds by specialists and on Polymarket present a close to 100% conviction.

Although the regulator is but to greenlight such a product and the federal government shutdown endures, the XRP Army is hopeful that Canary Capital, via its newest replace, might bypass the ready line and launch its personal spot ETF in two weeks. This is as a result of the corporate removed the “delaying modification” from its submitting, which might lead to a product launch on November 13, an method taken by a number of ETF issuers these days.

How High, XRP?

Given the high likelihood of a spot XRP ETF reaching the markets in November or December at the very least, we determined to the touch upon ChatGPT and see what it believes could be the impression on the underlying token by way of worth actions. It started with a quick historical past lesson on crypto ETFs, particularly for BTC’s January 2024 launch and the following ETH merchandise in July of the identical yr.

The AI answer famous that it will count on comparable first weeks for XRP, which included a “pop” shortly after the launch, and a uneven “sell-the-news” window. However, it believes that these merchandise will inevitably kick-start a “flows-driven” rally as soon as they choose up the tempo.

It’s most optimistic prediction sees the asset surging to effectively past $7.50 and as much as $10 inside a yr after the ETF launch, if the crypto market is in a “broad crypto risk-on regime and XRP wins important institutional allocation (multi-billion-dollar AUM).”

Within the subsequent six months, ChatGPT famous that Ripple’s cross-border token can peak at round $5.50 if altseason and robust ETF flows align. Its short-term prediction is extra cautious, indicating that the cryptocurrency will most likely vary someplace between $2.70 and $3.40 as soon as the approval hype fades.

Bearish Scenario

Although it believes the spot XRP ETF approvals could be a bullish growth for the asset, it nonetheless outlined a number of bearish situations in case the market mechanics flip and the general international economic system tumbles.

As such, ChatGPT famous that if “macro tightens, flows fizzle, or regulatory headlines flip destructive,” XRP’s worth might droop to $1.50-$2.00 inside the subsequent six months. Moreover, it warned that Ripple’s token can plunge additional to $1.20 within the yr forward if recession fears grow to be actuality and traders flock to risk-off belongings.

Despite the optimistic strikes up to now few weeks, ChatGPT nonetheless highlighted potential dangers forward and even after the launch of those monetary automobiles.

  • Regulatory/judicial headlines (SEC timing, feedback, or late objections).

  • Listing logistics (change 8-A approval; APs/custody plumbing).

  • Macro liquidity (charges, USD, cross-asset threat urge for food).

  • Rotation (BTC/ETH dominance; alt ETF demand fragmentation).

The publish How High Can Ripple’s Price Run if Spot XRP ETF Indeed Launches on November 13? appeared first on CryptoPotato.

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