XRP could climb above $2.14 by late November as sustained exchange-traded fund (ETF) demand adds momentum to its recent rebound.

CryptoSlate’s 90-day model places the bullish outcome at the 80th percentile, nearly 59% above its  $1.35 reference close. The median forecast is far lower at $1.47, leaving the headline target in the optimistic part of a much wider range.

That upside scenario is emerging as XRP attracts a steadier institutional bid. Data from SoSoValue shows that US XRP ETFs have recorded net inflows for six consecutive months, pulling in roughly $474 million over that period.

The token was trading around $1.32 to $1.33 on Sept. 2 after gaining about 23% to 24% over the previous 30 days, putting it back within reach of the model’s reference level after a strong August rebound.

The ETF streak does not make $2.14 the base case, but it gives the bullish side of the forecast a stronger demand backdrop than price action alone would suggest.

XRP ETF buying meets a large leveraged short

The model places its $2.14 projection inside a $1.81 to $2.81 corridor spanning the 70th to 90th percentiles.

CryptoSlate’s prediction model generates the range from 2,000 simulated price paths using volatility modeling, historical simulation and quantile regression. The methodology incorporates both typical trading conditions and outsized market moves, though results can diverge when a new market regime or regulatory shock breaks from historical patterns.

Its median outcome of $1.47 implies a gain of only about 8.9%, while the bearish estimate falls to $1.05. A separate extreme stress marker reaches $0.46, underlining how wide the distribution remains despite XRP’s recent recovery.

However, derivatives positioning could make any move through that range more violent.