24/7 Cryptocurrency News

Analyst Calls $6 XRP Target for November Amid Ripple CEO’s White House Stockpile Hint

Analyst predicts XRP could rally to $6–$7 by November as Ripple CEO reveals plans for a U.S. crypto stockpile and first spot ETF launches.
Published by
Analyst Calls $6 XRP Target for November Amid Ripple CEO’s White House Stockpile Hint

Highlights

  • EGRAG Crypto predicts XRP could surge to $6–$7 by mid-November based on fractal analysis.
  • This projection comes after the token's recent bullish momentum.
  • Brad Garlinghouse revealed XRP will be part of the U.S. government’s strategic digital asset stockpile, signaling national-level adoption.

A prominent analyst has projected that XRP could climb as high as $6 by November. This comes after Ripple CEO hinted that the U.S. government would adopt the token in its strategic crypto stockpile.

Advertisement

Analyst Sees XRP Doubling by November

Prominent crypto analyst EGRAG Crypto has predicted that the altcoin may surge toward the $6–$7 range before mid-November. His forecast is based on fractal analysis, where recurring chart patterns suggest bullish continuity. 

Source: X

Although such models are not guarantees, they have gained traction among traders looking for repeatable signals in volatile markets. The projection comes as the token builds bullish momentum.

For example, the upcoming launch of the REX-Osprey XRPR ETF has given the altcoin fresh legitimacy in the U.S. markets. Along with cash, Treasuries, and derivatives, the fund, which was set up in accordance with the ’40 Act,’ directly holds XRP. The token itself receives about 80% of the assets.

This makes it the first U.S.-listed spot ETF offering direct exposure to the token. This could mark a pivotal moment for investors seeking regulated access. Analysts note that such products could attract significant institutional inflows.

It is also worth mentioning that there has been a recent drop in the reserve of the token on a major crypto exchange. Coinbase’s visible XRP cold storage holdings have dropped nearly 90% between June and September 2025. Analysts have speculated about the reasons for this, with many stating that it was sold off.

Advertisement

Ripple CEO Hints at White House Stockpile

In a separate development, Ripple CEO Brad Garlinghouse revealed that the token will be included in the U.S. government’s upcoming digital asset reserve. Speaking with Bloomberg, Garlinghouse explained that the creation of a strategic stockpile represents a broader recognition of cryptocurrencies as part of national economic planning.

“This demonstrates growing trust in XRP as a stable and reliable digital asset,” he said. Additionally, the Ripple CEO also shared that more ETF products would launch soon, mentioning that more than ten firms are awaiting. According to him, these vehicles will provide institutional investors a safer entry point into the market.

At the same time, Crypto.com CEO Kris Marszalek argued that fully approved ETF products could attract as much as $8 billion in inflows during their first year. 

In other developments, CME Group has confirmed plans to roll out options for XRP futures in October, pending regulatory approval. This follows growing investor appetite for diversified crypto derivatives, with Solana also included in the new lineup.

Elsewhere, renewable energy company VivoPower has announced that its mining subsidiary will convert mined tokens into XRP. This would expand its treasury allocation as it scales its operations. The altcoin is currently trading just above $3 as it looks to build on its momentum.

Advertisement

Share
Michael Adeleke

Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Ethereum News

Ethereum Faces Selloff Risks As Whales’ Unrealized Profit Hits 2021 Highs

Ethereum could face a choppy path ahead as whales continue to book profits when ETH…

September 18, 2025
  • 24/7 Cryptocurrency News

Expert Predicts 138% Shiba Inu Rally as SHIB Futures Listing Opens Spot ETF Path

A crypto expert has predicted a 138% rally for the Shiba Inu price in this…

September 18, 2025
  • Bitcoin News

Bitcoin Will 200x From Here, Twenty One Capital CEO Says as BTC Breaks $117K After Fed Rate Cut

Twenty One Capital CEO has projected that Bitcoin could increase by 200-fold in the coming…

September 18, 2025
  • 24/7 Cryptocurrency News

BNB Chain Takes Lead in RWA Tokenization, Expert Sees BNB Rally to $1,300

Binance's BNB Chain is becoming the popular choice for the tokenization of real-world assets (RWAs),…

September 18, 2025
  • 24/7 Cryptocurrency News

Grayscale’s GDLC Fund Holding SOL and ADA Gets SEC Nod for NYSE Debut

Grayscale Digital Large Cap Fund (GDLC) gets greenlight to list and trade by the U.S.…

September 18, 2025
  • 24/7 Cryptocurrency News

Crypto Market Rally: Will Bitcoin Catch Up With S&P 500 Gains After Fed Rate Cut?

Jerome Powell's announcement of 25 bps Fed rate cut at the September 17 FOMC, has…

September 18, 2025