Ripple CEO Anticipates Pre-Thanksgiving Increase in XRP Value Following Launch of XRP ETFs by Grayscale and Franklin

XRP price forecasts have surged, currently trading at $2.08 following the launches from Grayscale and Franklin Templeton, which provided regulated access to the world’s third-largest cryptocurrency.

Ripple CEO Brad Garlinghouse declared the “pre-Thanksgiving rush” for XRP ETFs on November 20, extending congratulations to Bitwise for its earlier launch, while Grayscale’s GXRP and Franklin’s XRPZ commenced trading on NYSE Arca on November 24.

The pre-thanksgiving rush (or should we say, ‘turkey trot’!?) for XRP ETFs begins now.. congratulations @BitwiseInvest on today’s launch! https://t.co/EgYVrm0TmM

— Brad Garlinghouse (@bgarlinghouse) November 20, 2025

Bloomberg ETF analyst James Seyffart verified that Grayscale’s XRP ETF and Dogecoin ETF would launch today alongside Franklin’s offering.

Institutional Capital Resists Broader Market Decline

Crypto investment funds experienced $1.94 billion in outflows last week, marking the third-largest weekly outflow since 2018. XRP attracted $89.3 million in inflows, while Bitcoin and Ethereum faced withdrawals.

Over the past four weeks, outflows totaled $4.92 billion, representing 2.9% of assets under management, although Friday saw $258 million in inflows.

Funds based in the US accounted for 97% of global outflows, totaling $1.97 billion, reflecting investor caution amid uncertainties surrounding Federal Reserve policy and Jerome Powell’s hawkish remarks.

Bitcoin experienced $1.27 billion in outflows, with $225 million returning on Friday. Ethereum faced $589 million in outflows despite a $57.5 million recovery on Friday.

Solana saw $156 million in outflows. XRP’s capital appeal reversed earlier minor outflows, making it the sole major digital asset to witness genuine investment gains.

Analysts highlight Ripple’s $2.7 billion infrastructure acquisitions for custody, licensing, and stablecoin services as positioning XRP as a foundational financial layer rather than merely a speculative asset.

Data indicates that whales purchased $7.7 billion in XRP over the last three months, a trend that often precedes significant price movements. Year-to-date inflows remain at $44.4 billion despite recent volatility, underscoring ongoing institutional interest.

BREAKING NEWS
Whales have quietly accumulated $7.7 BILLION worth of $XRP in the last 3 months
This kind of silent, heavy buying almost always precedes major moves.
Bullish momentum is building. #XRP #XRPFam #Crypto #Ripple pic.twitter.com/zQbb8vgxvV

— ARAB ! (@XrpArab) November 24, 2025

Grayscale announced zero fees on GXRP from the largest crypto-focused asset manager globally.

Franklin Templeton submitted Amendment No. 3 for XRPZ, which tracks the CME CF XRP-Dollar Reference Rate.

Both structures utilize cash-based creations and redemptions until in-kind approval is considered.

Descending Channel Tests Apex in XRP Price Forecast

From a technical perspective, six-hour charts reveal XRP trading within a substantial descending channel from the July $3.70 highs through the correction to the current $2.08.

Source: X/@DonaldsTrades

The ascending support provides a secondary structure, with price action consolidating at the apex where descending resistance and ascending support intersect.

Projections indicate a retest of lower channel support around $1.90-$2.00, a rebound to retest the ascending trendline at $2.40-$2.50, followed by a potential breakout above descending resistance towards $3.50.

However, descending channels tend to break downward more frequently than upward.

Historically, data illustrates the 2017 pattern with a similar structure, beginning with an initial peak, a correction, a recovery, and then an explosive parabolic advance gaining 400%.

History is exactly repeating for $XRP
Buckle up! pic.twitter.com/vqQLOn1fkP

— STEPH IS CRYPTO (@Steph_iscrypto) November 24, 2025

The 2025 pattern displays phases akin to the current positioning, suggesting a possible repeat.

However, the retail-driven mania of 2017 contrasts fundamentally with the mature infrastructure, institutional custody, ETF vehicles, and regulatory clarity of 2025.

The current decline to $2.08 places XRP at the apex of the descending channel, testing whether a breakout occurs or if the downward trend continues.

ETF launches may serve as a catalyst, but do not ensure appreciation, as “sell the news” dynamics could arise as early investors take profits.

At present, a successful channel breakout with volume could propel a recovery towards $2.80-$3.00 resistance, followed by $3.50-$4.00.

A downward breach through $1.90-$2.00 support could initiate a continuation towards $1.70-$1.80.

Consolidation between $1.90 and $2.30 remains feasible as apex compression creates equilibrium.

Ethereum-Based Meme Coin Aims for 2026 Expansion

While XRP’s ETF catalyst indicates accelerating institutional crypto adoption, Maxi Doge is progressing as a meme coin on Ethereum’s proof-of-stake network, raising nearly $4 million in presale from both retail and whale investors.

The project allocates 40% of the supply for marketing and 25% for the expansion fund aimed at liquidity and staking.

It features an audited smart contract that signifies trustworthiness.

Additionally, DEX listings on Uniswap are anticipated shortly after the presale to enable public trading, allowing early investors to secure the best price before others.

Futures trading integrations could facilitate leveraged MAXI speculation, distinguishing through practical utility alongside meme appeal.

A weekly staking and trading competition is also planned to enhance engagement.

To participate in Maxi Doge, visit the official website and connect your wallet. You can engage using crypto or a bank card.

Visit the Official Website Here

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