XRP ETF Frenzy Fuels Bullish Price Target of $2.14
The price of XRP is facing a potential surge to $2.14 by late November as sustained exchange-traded fund (ETF) demand adds momentum to its recent rebound. According to CryptoSlate's 90-day model, this bullish outcome has an 80th percentile probability, nearly 59% above the token's reference close of $1.35.
The model places the $2.14 projection inside a $1.81 to $2.81 corridor spanning the 70th to 90th percentiles, generated from 2,000 simulated price paths using volatility modeling and historical simulation.
The ETF buying spree is a significant factor in XRP's recent price action, with US-based XRP ETFs recording net inflows for six consecutive months, pulling in roughly $474 million over that period.