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Home Market Research Cryptocurrency

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

by TheAdviserMagazine
8 months ago
in Cryptocurrency
Reading Time: 3 mins read
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Analyst Calls  XRP Target for November Amid Ripple CEO’s White House Stockpile Hint
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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.

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.

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.

Ripple’s Brad Garlinghouse declares $XRP is poised to be part of the U.S. government’s digital asset stockpile, adding that an ETF launch is expected before year-end. 🚀 pic.twitter.com/7tvlWrsMK1

— John Squire (@TheCryptoSquire) September 17, 2025

“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.





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Tags: AnalystcallsCEOshintHouseNovemberRipplestockpileTargetwhiteXRP
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