XRP Primed for Massive Rally, Analyst Forecasts $24 After ETF Launch
A leading crypto analyst is sending ripples through the market with a bold prediction for XRP, forecasting a potential surge to $24 following the imminent launch of XRP Exchange-Traded Funds (ETFs). This optimistic outlook is underpinned by a meticulous pricing model that factors in significant institutional capital inflows and XRP's constrained supply dynamics.
Explosive Growth Driven by ETF Inflows
Crypto analyst Diana, a prominent voice on X, has unveiled a new "XRP ETF Launch Impact Model" that provides a data-driven perspective on the asset's potential repricing. Her framework simulates multiple launch scenarios, ranging from five to twenty new ETFs, each kickstarted with seed capital between $10 million and $45 million. These simulations project total inflows anywhere from $50 million to a staggering $900 million. This capital, when absorbed by XRP's estimated 60-billion-unit liquid supply—representing between 0.08% and 1.50% of the total—could dramatically shift its market value, driven by a powerful supply-absorption mechanism.
The Road to $24: Navigating Initial Weakness Towards Institutional Momentum
Diana's model suggests XRP could initially climb into the $3.00 to $15.00 range within 30 days, potentially extending up to $24.00 within 60 days under optimal conditions, specifically with maximum seed capital and nearly a billion dollars in early inflows. Despite the recent successful debut of the Canary XRP ETF, XRP's real-time price action has seen a 13.5% weekly decline, currently trading near $2.14. However, Diana attributes this early weakness to a typical market pattern observed during ETF rollouts, drawing parallels to Bitcoin's January 2024 ETF launch. She argues that institutional capital inflows are often delayed due to compliance, approval cycles, and allocation procedures, meaning the true impact on XRP's price will materialize weeks later, eventually leading to a supply squeeze and a significant repricing.
