Germany’s leading finance channel, Der Aktionär TV, recently examined the latest XRP drop amid the ongoing Bitcoin and broader market downtrend.
For context, as Bitcoin slides into the $90,000 range, XRP has fallen to the lower end of the $2 region, currently trading at $2.13. Tokentus Investment CEO Oliver Michel joined the program to explain the volatility and to present the conditions that he believes could push XRP toward $12.
Host Johanna Kramär pointed out the XRP market crash. She stressed that XRP has moved with the broader market despite its recent spot ETF launch, asking Michel whether XRP showed key levels similar to Ethereum, which the Tokentus CEO analyzed earlier in the segment.
XRP Usually Rallies from Range Lows
Responding, Michel said Tokentus has continued to track a long-standing XRP price range between $2 and $3. He explained that XRP recently sat in the middle of this band but now leans toward the lower side amid the downturn.
According to him, XRP usually begins major upside moves from the bottom of its range, not from the middle or the top. As a result, he said he feels comfortable with short-term dips toward $2.20, $2.15, $2.10, and even around $2.00, since those levels still leave room for a rebound.
He added that XRP currently drifts toward that lower zone, but this remains part of its normal behavior before strong breakouts.
XRP ETF Prospects
The pundit then pointed to the Spot XRP ETF from Canary Capital, which launched on Nov. 13 and immediately ranked as the most successful ETF debut in the United States in 2025 across every asset class. The product recorded over $58 million in volume on its first day.
Michel said Franklin Templeton would launch its own XRP ETF later that same day, while Bitwise and 21Shares would follow in the days ahead. He believes these launches mark the start of a new phase for XRP in traditional finance. However, the Franklin Templeton product has faced delays.
Michel highlighted that the Canary Capital ETF posted its impressive figures despite a weak market environment driven by Bitcoin’s downturn.
He noted that the ETF’s momentum shows strong underlying demand, which could accelerate once available supply tightens. According to him, if market conditions improve and the coming stimulus measures start to take effect, XRP could respond with a sharp move upward.
Condition for a Possible XRP Run to $16
Meanwhile, to show how volatile the market has become, Michel called attention to XRP’s wild intraday swings. He noted that XRP jumped 4.5% in about ten minutes the previous afternoon, reached $2.30, and then fell 6% over the next two hours.
He argued that these moves do not look natural and likely involve large market makers who influence the market. The Tokentus CEO warned that anyone trading crypto must develop the nerves to handle such swings.
Earlier on, Michel had also commented on XRP’s market share. He said XRP currently holds about 4% of the market after tripling its share in the last altcoin season.
If XRP simply doubles its current share to 8%, he believes it could need to trade around $12. However, if the XRP market rises 3x to 13%, the XRP price could hit $16. Nonetheless, this price would materialize if Bitcoin could drop to $1.4 trillion and its dominance slumps to 40%, creating ideal conditions for altcoins.
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