This seems pretty likely. I could see it releasing in the first half of 2022.
Mayhe somehow it will release this holiday season if Nintendo was too dumb to hide it for this long (which I wouldn't put past them).
Nintendo might remake or port X one day, maybe even give it a sequel. But Xenoblade Chronicles 3 is the better bet to capitalize on the momentum of Xenoblade Chronicles 2 and Xenoblade Chronicles: DE.
Lifetime Sales Predictions
Switch: 151 million (was 73, then 96, then 113 million, then 125 million, then 144 million)
PS5: 115 million (was 105 million) Xbox Series S/X: 57 million (was 60 million, then 67 million)
PS4: 120 mil (was 100 then 130 million, then 122 million) Xbox One: 51 mil (was 50 then 55 mil)
3DS: 75.5 mil (was 73, then 77 million)
"Let go your earthly tether, enter the void, empty and become wind." - Guru Laghima