The price of XRP experienced a 5% pullback this November 14. This occurred despite the successful launch of the Canary Capital (XRPC) ETF. The product attracted $245 million on its first day. Despite the drop, the XRP price prediction of $4 remains in play for some analysts.
The new Canary Capital XRPC product debuted on November 13. It recorded $58 million in trading volume at closing. With $245 million in inflows, it surpassed the Bitwise Solana ETF (BSOL). It thus became the largest ETF launch of the year 2025, a significant milestone for the asset.
Is XRP’s Price Ignoring its ETF Success and Bullish Fundamentals?
The launch generated positive reactions. Journalist Eleanor Terrett highlighted the “XRP Army’s” support as key to the success. On the other hand, Matthew Sigel of VanEck applauded the community’s passion, although he admitted to not understanding the utility of the Ripple blockchain. This duality defines the current market sentiment.
An analyst from Cypress Research attributed XRP’s fall to general market weakness, with Bitcoin dropping below $96,000. However, he maintains a bullish outlook. He believes XRP will hit $3.82 and $4.44 when sentiment improves. His final target is $5.17, citing institutional “dark pool” data.
Technical analysis shows XRP sitting on key support ($2.25-$2.40). The price is consolidating inside a falling wedge. This is a bullish reversal pattern. If the support holds, the targets are $2.57 and $2.78. A breakout from the wedge would open the path toward the XRP price prediction of $4 and higher levels like $3.66.
