Germany's Der Aktionär TV recently discussed the potential for XRP to rise to $12 or even $16, despite its current price decline amid a broader market downturn. Tokentus Investment CEO Oliver Michel highlighted that XRP often rallies from its $2–$3 range, suggesting a rebound could occur if market conditions improve and Bitcoin's dominance decreases. The launch of the Canary Capital Spot XRP ETF on November 13, which saw over $58 million in volume on its first day, indicates strong demand. Additionally, upcoming XRP ETFs from Franklin Templeton, Bitwise, and 21Shares could further integrate XRP into traditional finance.