A market analyst suggests that XRP might replicate Bitcoin's price pattern following the launch of its spot ETFs, potentially leading to a significant recovery. The Canary Capital XRP ETF (XRPC) debuted with over $58 million in volume and $245 million in inflows, despite XRP's price dropping 2.78% on its first day. Analyst EGRAG highlights that Bitcoin experienced a 20% decline after its ETF launch in January 2024 but later surged 227% from its low. If XRP follows a similar path, it could initially fall to $2 before rebounding to $6.6, though this remains speculative.
Analyst Predicts XRP Could Follow Bitcoin's ETF-Driven Surge
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