XRP's price might soar to $47 this week if a significant price squeeze occurs, fueled by strong buying pressure from new ETF inflows. The launch of the first Canary ETF, XRPC, is anticipated to attract $10 billion in inflows, potentially necessitating the purchase of over 4 billion XRP tokens, which represents 4% of the total supply. With major exchanges reducing XRP reserves and rising institutional demand, the market is closely monitoring this potential squeeze scenario. However, if inflows are slower than expected, it could negatively impact the short-term price.