XRP Soars 11% as ETF Speculation Heats Up, Analyst Forecasts Rally to $3.60 Next

The crypto market has started the week well, with Bitcoin rallying over 3% in the past 24 hours and climbing back toward $106,000. Major altcoins, such as Solana, Tron, and Cardano, have also posted solid gains.

But XRP is leading the way, up over 11% and outpacing most of its peers. Spot ETF filings from issuers like Canary Capital and Bitwise have appeared on official rosters – and institutional money is moving in response.

One top crypto analyst even thinks this could be the start of a bigger run back toward $3.60. Should XRP reach that level, it would represent a 42% jump from today’s price.

Meanwhile, new meme coin Maxi Doge (MAXI) is also drawing attention. This dog-themed token has raised nearly $4 million in presale ahead of its official launch. And given its low market cap relative to major altcoins, it could see impressive percentage gains if the crypto rebound continues.

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XRP Price Jumps on ETF Buzz and Government Restart

XRP is trading at $2.52 today, marking its highest price since November 2. The token has also flipped green on both the seven-day and 30-day timeframes. This momentum is backed by real volume – spot trading activity has doubled in the past 24 hours, while open interest in XRP perpetuals is up 20%.

So, why all the demand? It’s down to two things. The U.S. government shutdown is on track to end this week after the Senate voted yesterday to advance a bipartisan continuing resolution. With federal operations likely to resume in the next few days, investors expect smoother regulatory processes, which could speed up approvals for spot XRP ETFs.

Several issuers, including Canary Capital, Bitwise, and Franklin Templeton, now have their ETF filings listed on the DTCC roster, with Canary’s XRPC ticker potentially launching as early as November 13. That’s close enough to matter.

And institutions seem to be reacting already. On-chain data shows that over $300 million worth of XRP has moved off exchanges in recent days, which is typically a sign of accumulation.

Analyst Eyes $3.60 XRP Target as Catalysts Stack Up

DustyBC Crypto, an analyst with over 225,000 followers on X, posted an XRP/USDT chart yesterday, and said the setup showed “great signs.” Dusty is watching for what he described as a make-or-break week – either a huge disappointment or a massive rally.

His 8-hour chart shows XRP bouncing off the bottom trendline of a wide descending channel while following an ABCDE impulse pattern. If that pattern plays out with a break to the upside, Dusty’s price target is $3.60.

A few things could help push XRP there. President Trump has proposed $2,000 “tariff dividend” checks for most Americans – which prompted speculation about retail money flowing into crypto.

Another catalyst is Ripple’s Swell conference last week, which focused on tokenization, real-world assets, and stablecoins. Past Swell events have triggered XRP rallies shortly after, meaning a move toward Dusty’s target by the end of November isn’t out of the question.

Lower-Cap Altcoins Like Maxi Doge Could Offer Bigger Upside Than XRP

An XRP rally to $3.60 would be impressive, but the token already has a $152 billion market cap that limits how much further it can multiply. For traders chasing higher returns, smaller altcoins might offer better setups – and that’s where projects like Maxi Doge come in.

Maxi Doge is a dog-themed meme coin currently in presale that’s raised $3.9 million so far, with over 130 buyers joining in the last 24 hours alone. The current MAXI price is $0.0002675, but it increases every few days, meaning earlier buyers secure better rates.

The vibe here is more “degen” than Dogecoin, built around 1,000x leverage trading and maximum risk, but the team is adding utility too. For example, they’re planning weekly trading competitions with MAXI and USDT prizes, as well as partnerships with exchanges to offer MAXI futures.

Maxi Doge even has a staking protocol offering 77% APY while the presale is live. Crypto YouTubers like Melos Crypto think this protocol is one of the reasons Maxi Doge could soar post-launch.

Ultimately, the contrast with XRP is obvious. XRP’s market cap limits its explosive upside – even if it reaches $3.60 – while Maxi Doge’s projected launch cap is small. That makes MAXI a more asymmetric bet for traders seeking portfolio-changing returns.